B3 S A Brasil Bolsa Balcão : Sponsorship and Donation Policy

SPONSORSHIP AND DONATION POLICY

September 16, 2022

PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

TABLE OF CONTENTS
1	PURPOSE	3
2	SCOPE	3
3	REFERENCES	3
4	CONCEPTS	4
5	GUIDELINES	5
6	RESPONSIBILITIES	6
7	FINAL PROVISIONS	8

8 CHANGE LOG………………………………………………………………………… 8

2	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

1 PURPOSE

The purpose of this Policy is to define the guidelines to be followed by B3 S.A. - Brasil, Bolsa, Balcão and other people reached when selecting, formalizing and awarding sponsorships and donations.

2 SCOPE

This Policy applies to all administrators, employees and interns of B3 S.A. - Brasil, Bolsa, Balcão, its subsidiaries abroad, BSM Market Supervision, Cetip Info Tecnologia S.A., B3 Social, and its other associations (Company).

3 REFERENCES

• The Company's Bylaws;
• The Company's Code of Conduct and Ethics;
• The Company's Anti-Corruption and Fraud Prevention Policy;
• The Company's Policy on Related Party Transactions and Other Potential Conflicts of Interest;
• Sports Incentive Act - Brazilian Federal Law 11438/2006;
• Childhood and Adolescence Statute (Law 8069/1990)
• Childhood and Adolescence Fund (FIA) - Brazilian Federal Law 8069/1990;
• Senior Citizens Fund - Brazilian Federal Law 12213/2010;
• Rouanet Act 8313/1991 and Decree 10755/2021;
• Audiovisual Act - Brazilian Federal Law 8685/1993;
• Brazilians with Disabilities Act (PRONAS) - Brazilian Federal Law 12712/2012;
• Oncology Care Support Program (PRONON) - Brazilian Federal Law 12715/2012;

3	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

• Cultural Action Program (PROAC) - Brazilian Federal Law 12268/2006;
• Sports Incentive Act (LPIE) - São Paulo State Law 13918/2009; and
• Cultural Projects Support Program (PRO-MAC) - City of São Paulo Law 15948/2013.

4 CONCEPTS

• Sponsorship means a financing tool for an entity and/or project in exchange for branding opportunities and/or visibility.
• Donation of tangible assets means delivery or transfer of material goods, belonging to the Company, to third parties, at no cost.
• Materiality study means within the context of sustainability the basis for the company to identify priority ESG themes for the company from the corporate and stakeholders' point of view. It is used to guide the preparation of reports, such as Annual Report, identify risks and opportunities, gauge strategies, promote improvements in services and processes and direct external action on ESG-related issues.
• Sponsorship or donation with tax incentive funds means a sponsorship or donation whereby funds are allocated for investment in social initiatives through federal, state and local tax incentive programs, pursuant to the legislation in force.
• Sponsorship or donation with the Company's own funds means a sponsorship or donation whereby the Company's cash funds are allocated for investment in social initiatives.
• Tax incentive laws means mechanisms created to provide tax deductions in the promotion of social, cultural, technology, sports and health projects, and/or projects targeting specific audiences, such as the elderly, disabled people and oncological cancer patients.

• Taxes included in tax incentive laws means the main taxes covered by

4	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

tax incentive mechanisms, pursuant to the applicable legislation in Brazil, which are:

• Social Contribution on Net Profits (CSLL) and Corporate Income Tax (IRPJ), and their additions, due by businesses;
• Personal Income Tax (IRPF), when filed by individuals using the comprehensive annual income tax return form;
• Local Service Tax (ISS);
• Tax on Circulation of Goods and Services (ICMS); and
• Urban Real Estate Tax (IPTU).

5 GUIDELINES

5.1 Assumptions underlying a sponsorship and/or donation selection

Our activity is directly connected with the Company's sustainability strategy and materiality study. This strategy is based on three pillars:

1. Be a company aligned with the best sustainability practices;
2. Induce good ESG practices in the Brazilian market; and
3. Strengthen the product portfolio and open new ESG market fronts.

As part of the first pillar, the Company seeks to promote internal management based on best ESG practices, which includes contributing to society's development.

Furthermore, the Company:

• Supports projects that protect its reputation and attributes already established in the market. In this respect, the Company:
• Within the scope of B3 Social, acts through Private Social Investment (ISP) to sponsor projects and/or organizations that collaborate on the reduction of social inequalities;
• Within the scope of B3 Social and to enhance the creation of value, prioritizes projects with the potential to influence public policies and of a structuring nature, facilitates the financing of projects with national reach,

5	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

proven effectiveness and impact on its target audience through direct donation or through tax incentive laws.

• Takes into consideration, as an important selection criterion, a project's potential for sponsorship activation across its stakeholder network.
• Is discerning in regard to the exposure of its brand in projects using tax incentive funds and sponsorships or donations using its own funds, which must follow its brand guidelines manual and be previously agreed on in the formal donation/sponsorship instrument to be signed by the parties.
• Informs annually through external reports and the Company's communication channels, the total volume of funds allocated to donations and sponsorships broken down by theme;
• The Company establishes that all sponsorships and/or donations must comply with the provisions of its Anti-Corruption and Fraud Prevention Policy, Anti-Corruption Rule, Policy on Related Party Transactions and Other Potential Conflicts of Interest, and other internal normative instruments, or in laws and regulations governing the matter.

5.2 What the Company does not sponsor

The Company, by its own free will, does not sponsor and/or finance initiatives that:

	• Have an appeal for party politics or sectarian religious affiliation;
	• Are contrary to the provisions of federal, state and local laws, as well as
	the Company's internal normative instruments;
	• Have a content that violates human rights and/or a discriminatory basis;
	• Violate or may violate ethical and/or moral values; and
	• Endanger or threaten conservation of the environment.
6	RESPONSIBILITIES
6.1 Branding and Marketing Department
6	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

1. • Defines cultural and business sponsorship guidelines to generate customer relationships and increase brand awareness with the general public through the Company's own funds and tax incentive funds;
   • Is responsible for monitoring and using the agreed sponsorship compensation; and
   • Approves the recommendations for allocation of funds linked to sponsorships and/or donations submitted by the requesting areas.
2. Social Investment Department
3. • Defines the allocation of funds aimed to finance projects and/or social organizations in the fields of education, sports, social work and health through donations and/or sponsorships with tax incentive funds or own funds; and
   • Is responsible for monitoring the results of sponsored projects.
4. Areas submitting sponsorship requests
5. • Indicate allocation of funds linked to sponsorships and/or donations using tax incentive funds or the Company's own funds for approval by the Branding and Marketing areas.
6. Innovation, Intellectual Property and Contracts Department
7. • Analyzes and develops the formal instruments required for sponsorship and donation implementation with the selected institutions; and
   • Drafts the documents required to formalize sponsorships and authorize trademarks when legal approval is called for.
8. Communications Department
9. • Activates the brand, with both tax incentive funds and the Company's own funds, in line with the Branding and Marketing and Social Investment Departments.

7	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

1. Tax and Accounts Payable Department
2. • Calculates the amounts available for allocation under tax incentive laws by B3 S.A. and its affiliates;
   • Is responsible for validating mandatory documents both for payment via tax incentive funds or own funds; and.
   • Is responsible for ensuring payment of a sponsorship or donation project with the Company's own funds, subject to the provisions of the Payment and Anti-Corruption Rules.
3. Supplier Management and Service Desk Department
4. • Collects information associated with potential reputational and corruption risks concerning the institutions selected for a sponsorship and/or donation project.
5. Compliance Department
6. • Assesses the reputational risks involving the institutions selected for a sponsorship and/or donation project by the Company.

7 FINAL PROVISIONS

The above provisions apply to the entire Company upon publication of this Policy.

8 CHANGE LOG

Validity: As of September 16, 2022

1st draft: December 11, 2020.

Areas responsible for the document:

Responsible for	Area

Branding and Marketing Department

Drafting

Social Investment Department

8	PUBLIC INFORMATION

SPONSORSHIP AND DONATION POLICY

Governance and Integrated Management Department

RevisionLegal Department

Corporate Governance and Nomination Committee

Executive Board

Approval

Board of Directors

Updates:

Version	Changed section	Reason	Date
1	First draft	N/A	December 11,
2020
2	References	Reference to the Childhood
		and Adolescence Statute that
		governs the Childhood and
		Adolescence Fund (FIA)
3	Concept	Inclusion of the materiality	September
		study concept	16, 2022
4	Guidelines	Review of the text to reflect
		the Company's strategy
5	Responsibilities	Update of the assignments
		and responsibilities of the
		areas involved

9	PUBLIC INFORMATION