Banco do Brasil S A : Brasilprev

Related Party Transactions

Rule 12g3 2(b) Exemption # 82-35186

Free English Translation

Notice on Transaction with Related Party (CVM Resolution 80/2022

Following next, the detailing required by Appendix F (art. 2) to CVM Resolution 80, as of 03/29/2022.

I - transaction description, including:

a) the parties and their relation with BB; and	CIELO S.A.: Affiliated company.
b) the object and main terms and conditions.	Contract for Provision of Intermediation Services,
Capture, Indication and Maintenance of
	Merchants.
	The Contract establishes terms and conditions
	pertinent to intermediation services to be provided
	by Banco do Brasil to Cielo, aimed at attracting,
	indicating and maintenance Merchants for
	potential association (accreditation) to the Cielo
	System.
	The Services to provided by Banco do Brasil to
	Cielo include, among others: (i) introduction of the
	legal representatives and those responsible for
	making decisions at Merchants to Cielo, since
	authorized and through sending affiliation
	proposals carried out in the System and / or at
	Banco do Brasil's Portal; (ii) possible participation
	in initial meeting and subsequent meetings with
	Merchants, according to Cielo's need and
	convenience; (iii) description of the Merchant's
	profile and main businesses; (iv) identification and
	referral to Cielo of main needs and expectations
	indicated by the Merchants, aiming the continuity
	of Merchants associated (accredited) to the Cielo
	System; (v) identification and reporting of most
	recurring complaints and points of improvement
	about the commercial relationship, to the purpose
	of Cielo to improve it, in order to avoid
	cancellation of associations (accreditations); and
	(vi) collect of documents and information, as well
	as reports issuing. All information relating to the
	Agreement will comply with applicable data
	protection laws.
	Due to the Services provided, Banco do Brasil is
	entitled: i) to remuneration related to the volume of
	payment transactions carried out in Merchants
	with payments receivement (account domicile) at
	Banco do Brasil, regardless of the channel or date
	of association (accreditation) to the Cielo System,
	corresponding to 10 basis points of the eligible
	volume.The eligible volume includes the amount
	captured only in domestic transactions, does not
	include transactions in which Cielo provides VAN
	services, customer bases related to commercial
	partnerships. It considers the minimum profitability
	criteria of each Merchant and ii) an additional
	remuneration	considering	the	increased
	penetration of term products by Merchants in the
	Retail segment and Entrepreneurs with banking
	domicile at Banco do Brasil and accredited with
	the Cielo System which will be calculated
	according to the remuneration table provided for in
	the Contract.

Contract Signing date: December 28, 2023.

Related Party Transactions

Rule 12g3 2(b) Exemption # 82-35186

Free English Translation

Term: one year from January 01, 2024.

II - if, when and how the transaction counterpart, their partners or managers took part in the process:

1. of BB's decision on the transaction, describing The transaction obtained internal approval in

this participation; and	accordance with the Specific Policy for
	Transactions with Related Parties.

1. of the transaction negotiation as BB's The proposal was negotiated in an environment

representants, describing this participation;	free of conflicts of interest and it has a common
	interest to the parties in commutative conditions.

1. - detailed explanation of the reasons why BB's management considers that the transaction has observed commutative conditions or provides for an appropriate compensatory payment, informing, for example:

a) whether BB has requested proposals,	The proposal was introduced by the counterparty
undertaken any price-taking procedure, or	and was considered to be in fair remuneration.
otherwise attempted to carry out the transaction	The Transaction does not provide for exclusivity or
with third parties, explaining, if not, the reasons
restriction, with the possibility of entering into
why it did not do so or,	if so, the procedures
similar transactions with third parties.
performed and their results
b) the reasons that led	BB to carry out the	The related party presented the proposal which
transaction with the related party and not with third	contemplates the services to be provided, through
parties; and		remuneration.
c) a detailed description of the measures taken and	The commutability of the operation is assured
procedures adopted to ensure the operation	considering the services to be provided, the
commutativity.		remuneration to be perceived and the common
		interest of the Parties.

If the transaction is a loan granted by BB to the related party, the information provided must necessarily include:

I - an explanation of the reasons why BB chose to	"Not applicable".
grant it, indicating any guarantees required;
II- analysis of the borrower's credit risk, including an	"Not applicable".
independent risk classification, if any;
III - description of the way in which the interest rate	"Not applicable".
was fixed, considering free risk market rate and the
borrower's credit risk;
IV - comparison between the loan's interest rate	"Not applicable".
and other similar applications on the market,
explaining the reasons for possible discrepancies;
V - comparison between the loan's interest rate and	"Not applicable".
the rates of other loans received by the borrower,
explaining the reasons for possible discrepancies;
VI - description of the impact of the transaction on	"Not applicable".
the financial liquidity condition and the BB's
indebtedness level.