Banco Santander Brasil S A : Notice to the market – Banco PSA
September 31, 2023 at 06:34 pm EDT
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BANCO SANTANDER (BRASIL) S.A.
Publicly-Held Company with Authorized Capital
CNPJ/MF: 90.400.888/0001-42
NIRE: 35.300.332.067
NOTICE TO THE MARKET
BANCO SANTANDER (BRASIL) S.A. ("Santander"), in addition to the information disclosed through the Notice to the Market released on November 30, 2022, hereby informs its shareholders and the market in general that, considering the fulfillment of the applicable conditions precedent, it has formalized the closing of the sale of the total equity, held by its subsidiaries, representing 50% (fifty percent) of the stock capital of Banco PSA Finance Brasil S.A. ("Banco PSA") to Stellantis Financial Service, S.A. (new corporate name of Banque PSA Finance, S.A.), and representing 50% (fifty percent) of the stock capital of Stellantis Corretora de Seguros e Serviços Ltda. (new corporate name of PSA Corretora de Seguros e Serviços Ltda.) ("Stellantis Corretora") to Stellantis Services Ltd.
As a result of the closing of the transaction, Santander no longer holds equity interests in Banco PSA and Stellantis Corretora.
Banco Santander (Brasil) SA published this content on 31 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 August 2023 22:33:06 UTC.
Banco Santander Brasil SA is a Brazil-based bank. The Bank operates through two segments: Retail and Wholesale. The Retail segment provides financial services to individuals, as well as to small and medium-sized enterprises. The Wholesale segment focuses on large corporations and capital markets. Together with its subsidiaries, the Bank offers a range of financial services, including consumer, commercial and investment banking services, lending and financing, mortgage lending, leasing, credit card operations and foreign exchange. The Bank is also engaged in the asset management, capitalization, securities brokerage, insurance brokerage and pension plans operations. The Company has a number of subsidiaries, such as Santander Corretora de Cambio e Valores Mobiliarios SA, Banco Bandepe SA and Sancap Investimentos e Participacoes SA, among others.