Banco do Brasil S A : Minutes of the Board of Directors Ordinary Meeting

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

Free English Translation

2022/01

EXTRACT OF THE MINUTES OF THE ORDINARY MEETING OF THE BOARD OF

DIRECTORS HELD ON JANUARY 20th 2022

On January 20th, 2022, 8:30 a.m., it was held, by videoconference, an ordinary meeting of the Board of Directors of Banco do Brasil S.A. (CNPJ: 00.000.000/0001-91; NIRE: 5330000063-8) Setor de Autarquias Norte, Quadra 5, Lote B, Torre Sul, 15º andar, Asa Norte - Brasília (DF), CEP 70040-912, with Mrs. Iêda Aparecida de Moura Cagni, as chairwoman, with participation of the members Mr. Aramis Sá de Andrade, Mr. Ariosto Antunes Culau, Mrs. Débora Cristina Fonseca, Mr. Paulo Roberto Evangelista de Lima, Mrs. Rachel de Oliveira Maia.

Also present were Mrs. Lucinéia Possar, Legal Director; Mr. Iram Alves de Souza, General Auditor; and, by videoconference, Mr. Egídio Otmar Ames, Coordinator of the Audit Committee (Coaud); and Mr. Vilmar Gongora, Coordinator of the Risk and Capital Committee (Coris).

After declaring the works open, the Chairman of the Board and BB's CEO presented their reports as usual.

The Board of Directors (BD):

01. MANAGEMENT PLAN 2021/2025 - EMPLOYEE NET PROMOTER SCORE (eNPS) INDICATOR - took note of the detailed result of the eNPS indicator regarding the 4Q21, presented by the Strategy and Organization Officer and Human Resources and Culture Management Officer.

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10. PERCENTAGE OF PROFIT DISTRIBUTION FOR THE YEAR 2022 (PAYOUT) AND DESTINATION TO THE STATUTORY RESERVES - approved (i) the determination of 40% of the income to be distributed (Payout) for the fiscal year 2022; (ii) the destination of the Statutory Reserves in the proportion of 70% to the RMO (Reserve for

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Operating Margin) and 30% to the RERC (Reserve for Equalization of Capital Compensation) for the fiscal year 2022;

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16. SUMMARY OF INTERNAL AUDIT ACTIVITIES - took note of the Internal Audit Executive Summary of Activities referring to Dec/2021, prepared by the Internal Audit;

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24. Resignation Notice - took note of the resignation of Mr. Éder Luiz Menezes de Faria from the position of Supplies, Infrastructure and Property Officer effective from January 11th, 2022.

Having no further business to discuss, the Chairwoman closed the meeting, and which I, Rodrigo Nunes Gurgel, Secretary, had these minutes drawn up, which, having been read, approved and signed by the board members.

Sign: Iêda Aparecida de Moura Cagni, Aramis Sá de Andrade, Ariosto Antunes Culau, Débora Cristina Fonseca, Fausto de Andrade Ribeiro, Paulo Roberto Evangelista de Lima, Rachel de Oliveira Maia e Walter Eustáquio Ribeiro.

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THIS DOCUMENT IS PART TRANSCRIBED FROM BOOK 31, PAGES 25 TO 30

Iêda Aparecida de Moura Cagni

Chairwoman of the Board of Directors