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

Extract of the Minutes of the Meeting of the Board of Directors of Ambev S.A. (the “Company”), held on December 1 ^st , 2017, drawn up in summary form

1.             Date, time and venue : On December 1 ^st , 2017, starting at 3:00 p.m., at the Company’s headquarters, located in the City of São Paulo, State of São Paulo, at Rua Dr. Renato Paes de Barros, 1017, 4th floor.

2.             Call and Attendance : Call notice duly made pursuant to the Company’s bylaws, meeting with attendance of Messrs . Victorio Carlos De Marchi e Carlos Alves de Brito , co-Chairmans, and Messrs. Marcel Herrmann Telles , Roberto Moses Thompson Motta, Vicente Falconi Campos, José Heitor Attilio Gracioso, Luis Felipe Pedreira Dutra Leite, Álvaro Antônio Cardoso de Souza, Cecília Sicupira , Antonio Carlos Augusto Ribeiro Bonchristiano e 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:

4.1.         Preparation of an Extraordinary Balance Sheet . To determine, pursuant to Paragraph 1 of Section 40 of the Company’s by-laws, the preparation of an extraordinary balance sheet as of November 30, 2017.

4.2.         Distribution of interest on own capital . To approve the distribution of interest on own capital (“IOC”) of R$ 0.31 per share of the Company, which shall be deducted from the results of the 2017 fiscal year and from the investments’ reserve of the Company based on the Company’s extraordinary balance sheet dated November 30, 2017, and shall be attributed to the minimum mandatory dividends for 2017. The distribution of IOC shall be taxed pursuant to applicable law, which shall result in a net distribution of IOC of R$ 0.2635 per share of the Company.

4.2.1. The aforementioned payment shall be made as from December 28, 2017 ( ad referendum of the Annual Shareholders’ Meeting), considering the shareholding on and including December 18, 2017, with respect to B3 S.A. - Brasil, Bolsa, Balcão, and December 20, 2017, with respect to the New York Stock Exchange - NYSE, without any monetary adjustment. Shares and ADRs shall be traded ex-IOC as from and including December 19, 2017.

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

São Paulo, December 1 ^st , 2017.