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

MATERIAL FACT NOTICE

Ambev S.A. (“Company”), in compliance with the Brazilian Securities Commission Ruling No. 358/2002, as amended, informs its shareholders and the market that, as per our today’s press release, we expect EBITDA for our beer business in Brazil to decline by high teens in the first quarter of 2020.

This material fact notice refers to projections and shall not be considered as promise of performance, since projections reflect the perception of the Company’s management and are subject to risks and uncertainties. Projections take into account several factors such as general economic, market and industry conditions that are beyond the control of the Company’s management. Any changes in such assumptions or factors could cause actual results to differ from the projections made.

Additional information can be found in our annual financial information relating to the fiscal year ended December 31, 2019 and related press release, both available at the SEC’s website.

São Paulo, February 27, 2020.

Ambev S.A.

Fernando Mommensohn Tennenbaum

Chief Financial and Investor Relations Officer