MATERIAL FACT


BANCO SANTANDER (BRASIL) S.A. ("Company") informs that, on this date, the Company's Board of Directors approved, in sequence of the buyback program that expires today, August 2nd, 2022, the new buyback program of Units and ADRs issued by Banco Santander, directly or through its branch in Cayman, to be held in treasury or subsequently sold.

The Buyback Program will cover the purchase of up to 36,986,424 Units, representing 36,986,424 common shares and 36,986,424 preferred shares, or ADRs, corresponding, on June 30th, 2022, to approximately 1% of the Company´s total capital stock. On June 30th, 2022, the Company held 27,776,380 common shares and 27,776,380 preferred shares in treasury.

The buyback has the purpose (1) to maximize the value creation to shareholders by means of an efficient capital structure management; and (2) to enable the payment of officers, directors, management level employees and other employees of the Company and companies under its control, pursuant to the Long Term Incentive Plans.

The Units must be purchased at B3, under market price, through Santander Corretora de Câmbio e Valores Mobiliários S.A.

The ADRs must be purchased at the New York Stock Exchange (NYSE), under market price, through Santander Investment Securities Inc., U.S.

The term of the Buyback Program is eighteen (18) months counted from August 3rd, 2022, expiring on February 5th, 2024.

São Paulo, August 2, 2022.

Angel Santodomingo

Investor Relations Officer

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Banco Santander (Brasil) SA published this content on 03 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2022 10:05:47 UTC.