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	BB Corretora de Seguros e Administradora de
Bens S.A. ("BB Corretora"), Controlled Company
	by Banco do Brasil S.A. ("BB") and Brasilprev
	Seguros e Previdência S.A. ("Brasilprev"), Affiliated
	Company.
b) the object and main terms and conditions.	Subscription of Specific Operational Agreement for
Distribution of Brasilprev pension plans - PGBL
	and VGBL ("Specific Agreement II"); Amendment to
	the Specific Operational Agreement for distribution
	of VGBL Conjugated ("Conjugated Agreement");
	Second Amendment to the Specific Operational
	Agreement for distribution of Brasilprev
	Commercial	pension	plan	("Commercial
	Agreement"); Second Amendment to the Specific
	Operational Agreement for distribution of Brasilprev
	Commercial SME pension plan ("SME
	Agreement"); Second Amendment to the Specific
	Operational Agreement for distribution of Brasilprev
	Individual pension plan ("Individual Agreement");
	and Second Amendment to the Specific
	Operational Agreement for distribution of Brasilprev
	Junior pension plan ("Junior Agreement").
	The documents has as object the changing in the
	commission rules between the parties with the
	purpose of simplify the operationalization and the
	governance of the agreement, maintaining the
	economic-financial balance between BB Corretora,
	Banco do Brasil and Brasilprev.
	The instruments are part of a major agreement
	named Operational Agreement for Products
	Distribution and Services Provision ("Operational
	Agreement"), which stablishes the rights and duties
	of the parties related to the distribution of pension
	plans to BB's clients, with the intermediation of BB
	Corretora.
	The documents provide the remuneration to be
	paid by Brasilprev to BB Corretora and BB for the
	products commercialization as a percentage of the
	value of the contributions made by the clients.
	The Agreement was signed on March 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 counterparties did not participate of BB's

this participation; and	decision, nor did they act as its representative
	during the negotiation of the transaction..

1. of the transaction negotiation as BB's The counterparties did not participate of BB's

representants, describing this participation;	decision, nor did they act as its representative
	during the negotiation of the transaction.

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 Company would not be able to conduct the
undertaken	any	price-taking procedure, or	transaction with third parties other than Brasilprev
otherwise attempted to carry out the transaction	and BB Corretora, considering the existence of a
with third parties, explaining, if not, the reasons
Shareholders' Agreement and the Operational
why	it did not do	so or,	if so, the	procedures

Related Party Transactions
	Rule 12g3 2(b) Exemption # 82-35186
	Free English Translation
performed and their results	Agreement that provide exclusivity between the
	parties to develop and to distribute pension plan
	products, duly respected the arm's length format of
	the transaction.
b) the reasons that led BB to carry out the	The Company would not be able to conduct the
transaction with the related party and not with third	transaction with third parties other than Brasilprev
parties; and	and BB Corretora, considering the existence of a
	Shareholders' Agreement and the Operational
	Agreement that provide exclusivity between the
	parties to develop and to distribute pension plan
	products, duly respected the arm's length format of
	the transaction.
c) a detailed description of the measures taken and	All the conditions were analyzed and validated by
procedures adopted to ensure the operation	BB Seguridade, BB Corretora, Brasilprev and BB's
commutativity.	technical divisions, and then approved by BB
	Seguridade's Executive Committee and Related
	Parties Transactions Commitee as provided in the
	Company's Related Parties Transactions Policy..

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 and	Not applicable.
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.