6-K

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer

Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of November, 2021

Commission File Number 1565025

AMBEV S.A.

(Exact name of registrant as specified in its charter)

AMBEV S.A.

(Translation of Registrant's name into English)

Rua Dr. Renato Paes de Barros, 1017 - 3rdFloor04530-000 São Paulo, SPFederative Republic of Brazil

(Address of principal executive office)

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.

Yes _______ No ___X____

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AMBEV S.A.

CNPJ/ME No. 07.526.557/0001-00

NIRE 35.300.368.941

(“Company”)

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NOTICE OF CAPITAL INCREASE APPROVED BY THE BOARD OF DIRECTORS

(Pursuant to Exhibit 30-XXXII of Brazilian Securities andExchange Commission’s Normative Ruling No. 480/09)

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On November 26^th^, 2021 at 11:30 am, the Board of Directors verified the issuance of new common shares, within the authorized capital limit, as a result of the exercise by certain beneficiaries of options granted (i) by Companhia de Bebidas Das Américas – AmBev, on November 25^th^, 2011, and received by the Company under the Migration Program approved by the Board of Directors on July 31^st^, 2013, within the scope of the Company’s Stock Option Plan approved by the Shareholders’ General Meeting held on July 30^th^, 2013 (“Stock Option Plan”), and (ii) by the Company, under the terms of the program approved by the Board of Directors on December 19th, 2013, all under the Stock Option Plan.

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I.       Date of approval of the stock optionplan by the Shareholders’ General Meeting

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The Stock Option Plan was approved by the Shareholders’ General Meeting held on July 30^th^, 2013.

II. Capital Increase (R$)	II. New Capital Stock (R$)	III. No. of issued shares*	IV. Issuance price of the new shares (R$)	V. Potential dilution percentage arising from the issuance (in relation to the No. of issued shares)	V. Potential dilution percentage arising from the issuance (in relation to the capital stock)
577,469.42	58,006,300,581.67	48,235	11.97200	0.000306%	0.000996%
303,909.22	58,006,878,051.09	25,385	11.97200	0.000161%	0.000524%
547,120.40	58,007,181,960.31	45,700	11.97200	0.000290%	0.000943%
1,139,854.12	58,007,729,080.71	95,210	11.97200	0.000605%	0.001965%
1,000,513.70	58,008,868,934.83	59,911	16.70000	0.000381%	0.001725%
455,893,76	58,009,869,448.53	38,080	11.97200	0.000242%	0.000786%
364,726,98	58,010,325,342.29	30,465	11.97200	0.000194%	0.000629%
364,726,98	58,010,690,069.27	30,465	11.97200	0.000194%	0.000629%
364,726.98	58,011,054,796.25	30,465	11.97200	0.000194%	0.000629%
455,893.76	58,011,419,523.23	38,080	11.97200	0.000242%	0.000786%
303,909.22	58,011,875,416.99	25,385	11.97200	0.000161%	0.000524%
303,909.22	58,012,179,326.21	25,385	11.97200	0.000161%	0.000524%
303,909.22	58,012,483,235.43	25,385	11.97200	0.000161%	0.000524%
303,909.22	58,012,787,144.65	25,385	11.97200	0.000161%	0.000524%
759,862.84	58,013,091,053.87	63,470	11.97200	0.000403%	0.001310%
303,909.22	58,013,850,916.71	25,385	11.97200	0.000161%	0.000524%
303,909.22	58,014,154,825.93	25,385	11.97200	0.000161%	0.000524%
248,191.53	58,014,458,735.15	20,731	11.97200	0.000132%	0.000428%
303,909.22	58,014,706,926.68	25,385	11.97200	0.000161%	0.000524%
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303,909.22	58,015,010,835.90	25,385	11.97200	0.000161%	0.000524%
455,893.76	58,015,314,745.12	38,080	11.97200	0.000242%	0.000786%
9,470,057.21	58.015.770.638,88	767,357

* New common shares, with no par value,

VI.       Price for each of the issuer’stypes and classes of shares in the respective markets in which the shares are negotiated, identifying:

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i.       Lower, average and highest marketprice on each of the last three (3) years

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Price ^(1)^	2020<br><br> <br>(BRL)	2019<br><br> <br>(BRL)	2018<br><br> <br>(BRL)
Lower	10.36	15.40	14.54
Average	15.66	18.73	15.39
Highest	19.58	20.77	24.56

(1) Historical price in BRL adjusted to reflect payments of interest on shareholder’s equity, as well as dividend distributions.

ii.       Lower, average and highest priceon each quarter of the last two (2) years

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Price ^(1)^	3T2021<br><br> <br>(BRL)	2T2021<br><br> <br>(BRL)	1T2021<br><br> <br>(BRL)	4T2020 (BRL)	3T2020 (BRL)	2T2020 (BRL)	1T2020 (BRL)	4T2019 (BRL)
Lower	15,29	14.54	13.35	12.18	12.04	10.68	10.36	17.18
Average	15,32	17.08	15.31	15.66	12.55	14.17	11.93	18.73
Highest	18.17	19.86	16.91	16.10	15.92	14.83	19.58	19.46

(1) Historical price in BRL adjusted to reflect payments of interest on shareholder’s equity, as well as dividend distributions.

iii.	Lower, average and highest price on each month of the last six (6) months

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Price ^(1)^	10/2021<br><br> <br>(BRL)	09/2021 (BRL)	08/2021 (BRL)	07/2021 (BRL)	06/2021 (BRL)	05/2021<br><br> <br>(BRL)
Lower	14.54	15.29	16.11	16.53	16.90	14.54
Average	16.70	15.32	17.06	16.65	17.08	17.95
Highest	17.22	17.38	17.67	18.17	19.86	17.95

(1) Historical price in BRL adjusted to reflect payments of interest on shareholder’s equity, as well as dividend distributions.

iv.        Average price on the last ninety(90) days

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Price ^(1)^	90 days (BRL)
Average	16.37

(1) Historical price in BRL adjusted to reflect payments of interest on shareholder’s equity, as well as dividend distributions.

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SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: November 26, 2021

AMBEV S.A.
By:	/s/ Lucas Machado Lira
	Lucas Machado Lira<br><br> <br>Chief Financial and Investor Relations Officer