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

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

Free English Translation

2024/14

EXTRACT OF THE MINUTES OF THE ORDINARY MEETING OF THE BOARD

OF DIRECTORS HELD ON MAY 07th 2024

On May 07th, 2024, at 11:00 a.m., it was held an ordinary meeting of the Board of Directors of Banco do Brasil S.A. (CNPJ: 00.000.000/0001-91; NIRE: 5330000063-8), at Setor de Autarquias Norte, Quadra 5, Lote B, Torre Sul, 15th floor, Asa Norte - Brasília (DF), ZIP Code 70040-912, coordinated by Mr. Dario Carnevalli Durigan, with the participation in person of the members Ms. Kelly Tatiane Martins Quirino, Mr. Marcelo Gasparino da Silva, Mr. Robert Juenemann and Ms. Tarciana Paula Gomes Medeiros, and, remotely, Ms. Anelize Lenzi Ruas de Almeida, Ms. Elisa Vieira Leonel, and Mr. Paulo Roberto Simão Bijos.

Mr. Iram Alves de Souza, General Auditor, and Ms. Lucinéia Possar, Legal Director, also participated in person, as advisors to the Board, in accordance with art. 18 of its Internal Regulations.

The Board of Directors (BoD):

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• OPINION OF THE AUDIT COMMITTEE (COAUD) - took note of Coaud's opinion on the 1Q24 Financial Statements;
• 1Q24 FINANCIAL STATEMENTS - approved the Individual and Consolidated Financial Statements in the Bacen/Cosif standard and the Condensed Consolidated Interim Financial Statements in the IFRS standard for 1Q24;
• MANAGEMENT REPORTS 1Q24 (BACEN/COSIF AND IFRS) - approved the Management Reports in Bacen/Cosif and IFRS standards for 1Q24;

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• ELECTION OF A MEMBER OF THE RISK AND CAPITAL COMMITTEE (CORIS) - elected, for the 2024/2026 term of office, as a member elected by the Directors appointed by the Union, in accordance with Art. 3, §1, I, of the Internal Regulations of CORIS, in view of the expiry of the term of office of Mr. Antônio Gustavo Matos do Vale on 05.06.2024, in accordance with the decision of the Board of Directors of 11.07.2023, Mr. Walter Eustáquio Ribeiro, qualified pursuant to Art. 21, XVI of the Bylaws, and in accordance with Corem Opinion 2024/1441, of 04.24.2024, clarified that the person elected meets the legal and statutory requirements and will be invested in the position on that date:
  Walter Eustáquio Ribeiro, Brazilian, born on 26.10.1953, married under the partial community property system, administrator, registered in the Individual Taxpayers Register (CPF/MF) #067.936.811-68, ID #272.512, issued on 03.13.2015. Address: SAUN, Quadra 5, Lote B, Edifício Banco do Brasil, Torre Norte, 16° andar, CEP 70040-912 - Brasília (DF).
• ANNUAL CHARTER OF PUBLIC POLICIES AND CORPORATE GOVERNANCE - approved: i) the Annual Charter of Public Policies and Corporate Governance 2024 - base year 2023, in compliance with the provisions of Law No. 13.303/2016 and Decree No. 8.945/2016;
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• INFORME BB - BRAZILIAN CORPORATE GOVERNANCE CODE - approved the Informe BB on the Brazilian Corporate Governance Code - Edition 2024;
• RISK APPEAL AND TOLERANCE DECLARATION (RAS) 2024 - approved the Extraordinary Review of the RAS;
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• SPECIFIC POLICY FOR THE PREVENTION AND COMBATING OF MONEY LAUNDERING, THE FINANCING OF TERRORISM, THE FINANCING OF THE PROLIFERATION OF WEAPONS OF MASS DESTRUCTION AND CORRUPTION (PLD/FTP-C) - approved the update of the Specific Policy for the Prevention and Combating of Money Laundering, the Financing of Terrorism, the Financing of the Proliferation of Weapons of Mass Destruction and Corruption;BB'S INTERNAL CONTROL ASSESSMENT REPORTS - took note of BB's Internal Control Assessment Reports, base year 2023, which provide information on Custody, Bookkeeping and Intermediation of Transactions with Securities, in compliance with CVM Resolutions No. 32/2021, 33/2021 and 35/2021;
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• RISK PANEL - took note of BB's Risk Panel for the period Feb/2024 to Apr/2024 and the projections for the next three years, drawn up by the Chief of Internal Controls and Risk Management Officer;
• SUMMARY OF INTERNAL AUDIT ACTIVITIES - took note of the Executive Summary of Internal Audit Activities for Apr/2024, prepared by Internal Audit;
• PERFORMANCE EVALUATION OF THE EXECUTIVE BOARD AND THE OMBUDSMAN - took note of the conformity of the performance evaluation process of the Executive Board and the Ombudsman, base year 2023.

Having no further business to discuss, the coordinator closed the meeting, of which I, (Sig.: Karla de Faria Marino), Secretary, had these minutes drawn up, which, having been read, approved, and signed by the board members.

Sig.) Mr.Dario Carnevalli Durigan, Ms. Anelize Lenzi Ruas de Almeida, Ms. Elisa Vieira Leonel, Ms. Kelly Tatiane Martins Quirino, Mr. Marcelo Gasparino da Silva, Mr. Paulo Roberto Simão Bijos, Mr. Robert Juenemann e Ms. Tarciana Paula Gomes Medeiro.

Karla de Faria Marino

Secretary