R$ 17,401,268,371.80

Percentage of net profit distributed

(considering gross IOC)⁽¹⁾

Percentage of net profit distributed

(considering net IOC)⁽¹⁾

In 2025, R$ 6,497,988,051.85 (R$ 0.4160 per share) were distributed as dividends and (gross) interest on capital based on profit from previous years, of which (i) R$ 2,297,172,865.00 in dividends (R$ 0.1470 per share); and (i) R$ 4,200,815,186.85 in interest on capital (R$0.2690 per share).

It should be noted that such amounts have already been distributed by resolution of the Board of Directors and, therefore, are not subject to the resolution of the Annual Ordinary and Extraordinary General Meeting.

a)            The gross value of the dividends and interest on own capital, declared separately, for shares of each type and class.

No additional declaration of dividends or interest on equity is proposed, beyond the interim dividends and interest on capital already declared by the Company’s Board of Directors and disclosed in item 2 above.

b)            The manner and period for the payment of dividends and interest on own capital.

Not applicable.

c)             Possible restatement and interest falling due on dividends and interest on own capital.

Not applicable.

d)            Date of declaration of the payment of dividends and interest on own capital taken into consideration for identifying shareholders with the right to receive these amounts.

Not applicable.

6.       If dividends or interest on own capital have been declared based on profits assessed in balance sheets prepared every six months or in shorter periods:

a) State the amount of the dividends and interest on own capital already declared

b) State the date of the respective payments

Payment

(R$ per share)

02/25/2025

05/07/2025

07/30/2025

12/09/2025

04/04/2025

07/07/2025

10/06/2025

12/30/2025

Dividends

0.0959 ⁽¹⁾

0.1280

0.1283

0.3459

⁽¹⁾ As indicated in the minutes of the Board of Directors’ Meeting, the total dividends declared on the respective resolution date amounted to R$0.1276 per share, of which R$0.0959 per share were declared based on the net income for the fiscal year.

There was no declaration of interest on net equity based on profits calculated in half-yearly balance sheets or in shorter periods.

a)      Net profit for the fiscal year and the previous three fiscal years (1).

a) Describe the manner of calculation as provided on the bylaws

Pursuant to §3 of article 41 of the Company’s bylaws, 5% of the net profit for the year will be allocated to the legal reserve, which shall not exceed 20% of the capital stock. The Company may refrain from constituting the legal reserve in a fiscal year when the balance of this reserve, plus the amount of capital reserves, exceeds 30% of the capital stock.

Following this allocation, and excluding the tax incentive reserves, 40% of the net profit will be allocated to pay mandatory dividends to all company shareholders.

a) Describe the statutory clauses establishing the reserve.

Article 41, §3, letter “c” of the Company’s bylaws provides that no more than 60% of the adjusted net profit can be set aside for constituting the Reserve for Investment, whose purpose is to finance the expansion of the Company’s activities and those of its subsidiary companies, including through capital increases or setting up new enterprises. In accordance with §4 of article 41 of the Company’s bylaws, the amount allocated to the statutory reserve may not exceed 80% of its capital stock. Once this limit is reached, the General Meeting of Shareholders must resolve on the balance, either allocating it for distribution to the shareholders or to increase the Company’s capital stock.

Proposed allocation

R$ 6,854,843,618.36

(1) Refers to the portion of earnings equivalent to the 61.73% equity interest in Companhia de Bebidas das Américas - Ambev originally owned by Anheuser-Busch InBev S.A./N.V., by means of Interbrew International GmbH and of Ambrew S.A.R.L until the contribution of said equity to the capital of the Company, as disclosed in a relevant fact of the Companhia de Bebidas das Américas – Ambev published on May 10, 2013 and described under item 1.1 of the Company’s reference form (“Incorporation of Shares”). The Incorporation of Shares was recognized in the accounting statements for the purposes of disclosure, pursuant to the historic cost method described in section 2.7 of Exhibit A.I of this proposal, but this portion does not belong to the Company.

(2) According to described in Note 3.4 to the consolidated accounting statements of December 2025, on July 1st, 2018, considering that the accrued inflation in the previous three years in Argentina was over 100%, the application of accounting rule and disclosure in highly inflationary economy (IAS 29/CPC 42) is now required.

16.       Allocation of earnings to the reserve for tax incentives:

a) State the amount allocated to the reserve

b) Explain the nature of the allocation