Banco do Estado do Rio Grande do Sul S A : BanRi360° Highlights 3Q2023

Banrisul's IR Program Quarterly Newsletter

A tour of Banrisul from the Investors' perspective

Highlights 3Q23

9 M 2 3	L O A N	P A Y R O L L	R U R A L
N E T I N C O M E	P O R T F O L I O	L O A N S	L O A N S

R$567.1 mi

▲12m: +7.0%

9 M 2 3 N E T I N T E R E S T I N C O M E

R$4,012.1 mi

▲12m: +18.4%

R$52.5 bi	R$20.0 bi	R$10.7 bi
▲12m: +10.6%	▼12m: -1.6%	▲12m: +60.1%
▲3m: +1.9%	▲3m: +1.1%	▲3m: +8.1%
9 M 2 3	F U N D I N G	9 M 2 3 F E E S
A D M I N I S T R A T I V E
A N D S E R V I C E S
E X P E N S E S
R$ 74.7 bi	R E V E N U E S
R$ 3,075.6 mi	R$1,628.9 mi
▲ 12m: +5.7%
▲ 12m: +5.8%	▲ 3m: +2.3%	▲12m: +6.3%

Net Interest Income

Change in Net Interest Income	In growth
process
R$ Million

▲18.9%

Investor Relations

BanRI360º - 3rd quarter of 2023 Year 3 - Nº 10

Base date: 09/30/2023

LoanPortfolio

Portfolio Balance

R$ billion

▲10.6%

47.4	51.5	52.5
				3%
5%							11%
11%							20%
12%
18%							16%
54%							50%
		Sep-22		Jun-23		Sep-23
		Individuals		Companies		Rural		Real Estate		Other

Expansion of

the portfolio in low-risklines and at a pace higher than the market average

individuals

% change	YoY	QoQ
Payroll Loans	-1.6%	+1.1%
Consumer Loans	+43.7%	+8.3%

Companies

% change	YoY	QoQ
Working Capital	+0.6%	-3.9%
Debt Accounts	+22.0%	+4.5%

78.5%

Collateralized Individuals Portfolio ¹

as of sep/23

¹ Considers the balances of credit lines for the Acquisition of Goods and Payroll Loans over the Individuals Portfolio.

Investor Relations

AssetQuality

Default Ratio

90 days					2.8%		2.5%
			1.8%	1.9%		2.0%
1.6%1.6%			2.0%
			1.7%
	1.6%	1.5%	1.6%	1.7%	1.8%		1.9%
Sep-22	Dec-22	Mar-23	Jun-23		Sep-23
		Individuals		Companies		Total
CostofRisk 1				CoverageRatio
12 m Provision Expenses vs Loan Portfolio		90 days
1.78%	1.97%	2.01%	2.33%	2.66%	324.9%	313.6%	285.7%	257.3%	235.4%

Sep-22Dec-22Mar-23Jun-23Sep-23

Sep-22Dec-22Mar-23Jun-23Sep-23

1 Considers Cost of Risk as Provision Expenses for the last 12 months in proportion to the Loan Portfolio.

Funding
		▲5.7%
R$ Billion and %						74.7
70.7		73.0
4.4%	5.3%		4.9%
4.2%	5.6%		6.8%
5.1%	5.1%		4.9%
16.2%	15.4%		14.8%
70.1%	68.7%		68.6%
		Sep-22			Jun-23		Sep-23
		Time Deposits		Savings Deposits		Demand Deposits		Bank Notes		Other

Investor Relations

Diversified

and low

cost

funding

New ExecutiveBoard

Fernando	Luiz Gonzaga	Irany	Adriana	Carlos
Lemos	Veras Mota	Sant'Anna	Celestino	Malafaia
CEO	Finance and Investor	Deputy CEO and	Customer Service and	Technology, Innovation
	Relations Officer	Risk Officer	Channel Operations	and Digital Transformation
			Officer	Officer

Elizabete	Fernando	Gaspar	Ivanor
Tavares	Postal	Saikoski	Duranti
Administrative	Development	Commercial and	Credit
Officer	Officer	Distribution of Products	Officer
		and Services Officer

The new Executive Board of Banrisul took office on 11/13/2023. The nominees went through the respective approval rites in the Legislative Assembly and ratification of the act by the Central Bank of Brazil. Additionally, the Company acknowledges the work and dedication provided by former officers Claíse Muller Rauber, Jorge Fernando Krug Santos, Marcus Vinícius Feijó Staffen, Marivania Ghisleni Fontana, Osvaldo Lobo Pires, Wagner Lenhart, during the period in which they were members of the Board.

Banrisul 95 Years

Banrisul was founded on September 12, 1928, with two portfolios: mortgage and economic. The mortgage portfolio was earmarked for long-term mortgage loans. In the economic portfolio, mortgages were accepted as security for short-term loans, agricultural or livestock loans, current account credits, loans to the State and municipalities and other operations. In its 95 years of history, the bank has undergone numerous transformations and modernizations, pioneering the use of a series of banking technologies, without ceasing to be a solid institution, present in different regions of the State and promoting the development of the economy of Rio Grande do Sul. Banrisul reaches 95 years with 8,900 employees, 493 branches, 127 service points and 420 electronic service points.

Investor Relations

Banrisul Sharesin B3 BRSR3 / BRSR5 / BRSR6

	22,2%	97.0%
							49.9%
		Individuals			Individuals			PN		ON
		Companies
				Companies	50.1%
		Foreign Companies
				Foreign Companies
			0.1%	2.9%
46,8%	30,9%
Investor Participation	By Investor Type	98,1%
		in Free Float							Voting Capital

R$360.0 million	154k +
in IOC paid in 9M23	shareholders
7.7%
as of sep/23

dividend yield

Banrisul's most liquid

shares have a

performance above the market average since the beginning of their trading

Appreciation of Banrisul PNB Shares- BRSR

Evolution of R$100.00 invested in the Follow On carried out in 2007.

R$ 324.27

R$ 100.00

R$ 185.81

	BRSR6 - Adjusted for dividends			IBOV
1 Source: Economática.
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