CAVALCANTI DE LACERDA EDUARDO BRAGA

PrivateCIK: 2115402

CAVALCANTI DE LACERDA EDUARDO BRAGA enters AMBEV S.A. with 345.30K shares plus derivative instruments

Holding both equity and derivatives at entry signals strong long-term conviction in the company.

Direct Derivatives

CAVALCANTI DE LACERDA EDUARDO BRAGA

Filed: 3/18/2026ACC: 0001193125-26-113628

InsiderCAVALCANTI DE LACERDA EDUARDO BRAGACIK 2115402

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IssuerAMBEV S.A.CIK 1565025

Officer· See Remarks

Since Mar 2026

345.30K

Baseline shares

100% direct

345.30K

Direct ownership

1 position

2.51M

Derivative underlying

10 instruments

1

Security positions

All direct

Non-Derivative Holdings1

Common Shares

Direct

Shares owned345.30K

Total

345.30K direct345.30K

Security Title	Shares Owned	Ownership Type
Common Shares	345.30K	Direct
Total	345.30K	345.30K direct

Derivative Holdings10

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

412.49K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

157.87K

Shares owned

N/A

Exercise price

3.26

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

161.74K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

270.76K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

282.96K

Shares owned

N/A

Exercise price

3.43

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

144.84K

Shares owned

N/A

Exercise price

3.22

Expiration

—

Exercise window

—

Stock Options (Right to Buy)

Direct

Underlying security

Common Shares

Underlying shares

112.55K

Shares owned

N/A

Exercise price

3.91

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

399.58K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

430.08K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Restricted Shares

Direct

Underlying security

Common Shares

Underlying shares

134.68K

Shares owned

N/A

Exercise price

Expiration

—

Exercise window

—

Total

Underlying

2.51M

Owned

0.00

Security	Underlying	Exercise Price	Exercise Window	Expiration	Underlying Shares	Shares Owned
Restricted Shares Direct	Common Shares		—	—	412.49K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.26	—	—	157.87K	N/A
Restricted Shares Direct	Common Shares		—	—	161.74K	N/A
Restricted Shares Direct	Common Shares		—	—	270.76K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.43	—	—	282.96K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.22	—	—	144.84K	N/A
Stock Options (Right to Buy) Direct	Common Shares	3.91	—	—	112.55K	N/A
Restricted Shares Direct	Common Shares		—	—	399.58K	N/A
Restricted Shares Direct	Common Shares		—	—	430.08K	N/A
Restricted Shares Direct	Common Shares		—	—	134.68K	N/A
Total					2.51M	0.00

CAVALCANTI DE LACERDA EDUARDO BRAGA — Initial Ownership Disclosure (Form 3) Filed Mar 18, 2026 | Finecho