AMBEV S.A. reported a solid start to 2026 with a 0.1% increase in beer volumes and an 8.1% rise in net revenue, highlighting strong performances in Central America and Brazil despite declines in other regions. The growth resulted in a Normalized EBITDA increase of 10.1%, reaching R$ 3,832.4 million, with a first-quarter record cash flow from operating activities of approximately R$ 3.2 billion.