ABEV Ambev SA

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

  Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.  

AMBEV S.A.

CNPJ [National Register of Legal Entities] No. 07.526.557/0001-00

NIRE [Corporate Registration Identification Number] 35.300.368.941

(the “Company”)

Extract of the Minutes of the Meeting of the Board of Directors of Ambev S.A. held on March 17, 2017, drawn up in summary form

1.             Date, time and venue : On March 17, 2017, starting at 10:00 a.m., at the Company’s headquarters, located in the City of São Paulo, State of São Paulo, at Rua Dr. Renato Paes de Barros, 1,017, 4 ^th floor.

2.             Call and Attendance : Call notice duly made pursuant to the Company’s bylaws. Meeting with attendance of Messrs. Victorio Carlos De Marchi and Carlos Alves de Brito, copresidents, and Messrs. Vicente Falconi Campos , Roberto Moses Thompson Motta, José Heitor Attilio Gracioso, Luis Felipe Pedreira Dutra Leite, Paulo Alberto Lemann, Alvaro Antonio Cardoso de Souza, Antonio Carlos Augusto Ribeiro Bonchristiano and Marcos de Barros Lisboa.

3.              Board : Chairman: Victorio Carlos De Marchi ; Secretary: Pedro de Abreu Mariani.

4.             Resolutions : It was unanimously and unrestrictedly resolved by the Directors:

Nomination of Executive Officer . According to Section 21, letter d, of the Company’s Bylaws , to approve , effective as of April 1 ^st , 2017, the replacement of the current Shared Services and Information Technology Executive Officer , Mr. Gustavo Pimenta Garcia, by Mr. Marcelo Guimarães Tardin, Brazilian citizen, married, mechanical engineer, bearer of the identity card RG No. 23.592.118-30 SSP/SP and enrolled with the Individual Taxpayers’ Registry under No. 249.592.118-30, with office in the City São Paulo, State of São Paulo, at Rua Dr. Renato Paes de Barros, 1,017, 3 ^rd floor .  The new executive officer will be sworn into his respective position on April 1 ^st , 2017 , upon the execution of the instrument of investiture in the proper book, at which time he will execute a statement confirming that there is no impediment to his election to the Company’s Board of Executive Officers, and the term of his mandate shall expire on May 11 ^th , 2019. The Directors also approved to register the votes of gratitude for the relevant services rendered by Mr. Gustavo Pimenta Garcia to the Company.

4.3.1       New Board of Executive Officers Composition . In view of the abovementioned resolution, the Company’s Board of Executive Officers shall have the following composition as of April 1 ^st , 2017: (i) Mr. Bernardo Pinto Paiva, as “Chief Executive Officer”; (ii) Mr. Ricardo Rittes de Oliveira Silva, as “ Chief Financial and Investor Relations Officer ”; (iii) Mr. Ricardo Morais Pereira de Melo, as “Sales Executive Officer”; (iv) Mr. Fernando Dias Soares, as “Soft Drinks Executive Officer”; (v) Mr. Maurício Nogueira Soufen , as “Industrial and Logistics Executive Officer”; (vi) Mr. Pedro de Abreu Mariani, as “General Counsel and Corporate Affairs Executive Officer”; (vii) Mr. Cassiano De Stefano, as “BU Premium and High End Executive Officer”; (viii) Mr. Fabio Vieira Kapitanovas, as “People and Management Executive Officer”; (ix) Ms. Paula Nogueira Lindenberg, as “Marketing Executive Officer”; (x) Mr.  Marcelo Guimarães Tardin as “Shared Services and Information Technology Executive Officer”; and (xi) Mr. Rodrigo Figueiredo de Souza as “Supply Executive Officer”.

5.              Closure : With no further matters to be discussed, the present Minutes were drawn up and duly executed .

São Paulo, March 17, 2017.