BANCO SANTANDER (BRASIL) S.A. informed that Mr. Sérgio Rial is to be appointed to the position of Chairman of the Board of Directors, effective from Jan 1, 2022 onwards. Mr. Sérgio Rial will also retain his current position as a member of the Board of Santander Group in Spain. The current Chairman of the Board, Mr. Álvaro de Souza, with a very successful career in the domestic and international financial systems, will, also on Dec. 31, 2021, step down from his position of Chairman of the Board, retaining his mandate as an independent Board Member of the Group Board of Directors in Spain.
Alongside Mr. Sérgio Rial, Mr. Álvaro de Souza presided the largest transformation process of a financial platform throughout the last six years, when Santander reached one of the highest “Total Shareholder Return” indexes among the Brazilian large Banks. For the position of regional leader for South America, Mr. Sérgio Rial will be succeeded by Mr. Carlos Rey de Vicente, currently Vice-President for Finance and also a member of the Executive Committee of the Company. Having previously worked in the America Division of Santander Group, Mr. Carlos is deeply knowledgeable of the region and the Brazilian Market itself, where he has been working for more than 20 years. Messrs. Carlos and Mario will form a great team, moving forward with the profitable growth trajectory of both the Company and the Group in the region. Messrs. Angel Santodomingo and Alberto Monteiro, currently the Company CFO and Wealth Management Vice President, respectively, will be appointed to the Board of Directors of Santander Brazil, while retaining their executive positions and seats in the Executive Committee of the Company. From Jan 01, 2022 the Executive Committee of Santander will be comprised of 12 executives, amongst which 4 women: Ms. Vanessa Lobato, who will lead all the Retail segment of the Bank; Ms. Andrea Almeida, who will succeed Mr. Carlos Rey as Vice President for Finance; Ms. Elita Vechin, who will lead the Human Capital Area of Santander and Ms. Patrícia Audi, who will remain focused on the institutional, sustainability and events departments of the Company. Mr. João de Biase will succeed Mr. Mario Leão leading the Corporate Business and will join the Executive Committee. Messrs. Angel Santodomingo, Alberto Monteiro, Alessandro Tomao, Antonio Pardo, Ede Viani, Jean Pierre Dupui and Mario Leão, as the new CEO, remain as members of the Executive Committee.
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.
BANCO SANTANDER (BRASIL) S.A. 
