BANCO SANTANDER (BRASIL) S.A.

Publicly-Held Company with Authorized Capital

Corporate Taxpayer ID Number ("CNPJ/MF"): 90.400.888/0001-42

Company Registry Number ("NIRE"): 35.300.332.067

NOTICE TO THE MARKET

BANCO SANTANDER (BRASIL) S.A.("Company") informs its shareholders and the market in general that, with the purpose of providing greater transparency to the information disclosed by the Company and to adapt it to the best market practices, as from the disclosure of the results for the first quarter of 2020, will adopt a new structure for the Managerial Net Interest Income("Managerial NII").

In order to allow comparability of the Company's performance and to give the market enough time to adapt to the proposed changes, today we make the Excel file available on the Company's Investor Relations website, with historical data of the new Managerial NII.

The following tables detail the previous and new structure of the Managerial NII, as well as the composition of the new structure:

PREVIOUS

NEW

Managerial NII

Managerial NII

Loan

Customers

Average volume

Product Margin

Spread (Annualized)

Average volume

Funding

Spread (Annualized)

Average volume

Working Capital

Spread (Annualized)

Other

Market Activities

NEW MANAGERIAL NII COMPOSITION

Customers

Product Margin

  • Result of loan and funding operations and other transactions, such as prepayment and derivatives with customers

Working Capital

  • Working capital remunerated at market rate

Market Activities

  • Result obtained from market operations, including asset and liability management and trading

São Paulo, March 25th, 2020.

Angel Santodomingo

Investor Relations Officer

BANCO SANTANDER (BRASIL) S.A

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Disclaimer

Banco Santander (Brasil) SA published this content on 25 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 March 2020 08:07:04 UTC