Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q3 2024 Earnings Presentation
33 slides from Banco Santander (brasil)'s earnings presentation, November 2024
Slide 1: Institutional presentation 3Q24
«> Santander Institutional presentation 3Q24 BRGAAP
Slide 2: Disclaimer
Disclaimer This presentation may contain certain forward-looking statements and information pertaining to Banco Santander (Brasil) S.A. ("Santander Brasil”) and its subsidiaries, which reflect the current views and / or expectations of Santander Brasil and its management regarding its business perfo
Slide 3: 1) lana
‘ie ii 4 1) lana Brazilian antander 24' A Santander S rr 3Q Takeaways and macroeconomic Brasil's Results ; 5 Group further Information scenario strategy @® Santander Brasil | Institutional Presentation 3
Slide 4: Brazilian macroeconomic scenario
«> Santander
Slide 5: Macroeconomics | Key Indicators
Macroeconomics | Key Indicators FX Rate (ptax) 5.58 5.20 5.22 4gq 7-40 4.03 Inflatio (annual %) 10.06 79 431 45 462 4.42 2019 2020 2021 2022 2023 2024' 2019 2020 2021 2022 2023 2024' SELIC et (annual %) 13.7! 3.75 11.75 11.75 4.50 2019 2020 2021 2022 2023 2024' oo Santander Brasil |Institutional Pre
Slide 6: Brazilian Financial System | Credit
Brazilian Financial System | Credit RS trillion and YoY growth Sep/21 Sep/22 Sep/23 Sep/24 ‘Companies Individuals Total Household debt to income* % ea aa 479 Sep/21 Sep/22 Sep/23 Sep/24 Aug/21 Aug/22 Aug/23 Aug/24 l@Companies mailndividuals Companies (YoY) —Individuals (YoY) —Total (YoY) 9/ 9/ 9/ 9/
Slide 7: Santander Group
«> Santander
Slide 8: Santander, a leading financial group
Santander, a leading financial group Our unique combination of in-market presence and lobal scale network allows us to be among the most profitable banks in our markets Profit diversification | 9M24 € million fetailS Commerc tank MM 5,332 Digital Consumer sonk I) 1,507 Corporate &imvesiment Barking
Slide 9: Santander Brasil's strategy
Santander Brasil’s e otrategy «> Santander
Slide 10: 3Q24 Highlights
3Q24 Highlights Total Assets (billion) Expanded Loan Portfolio (billion) Customer Funding (billion) Managerial Net Profit (million) Market Cap (billion) Branches and PABs (mini branches) Employees Total Customers (million) @® Santander Brasil |Institutional Presentation Santander Brasil R$ 1,285 R$
Slide 11: Consolidated presence of Santander Brasil
Consolidated presence of Santander Brasil Initial public offering (IPO) = Acquisition of Superdigital a 2009 — 2014 — 2016 — 2017 —— 2018 —— 2019 —— 2 ain Voluntary Acquisition of exchange tender 70% of Return offer (OPA) Acquisition of 89% of Getnet Acquisition of 60% of Banco Bonsucesso Consignado
Slide 12: Offer suited to each customer profile
Offer suited to each customer profile Ind Santander | Private banking Investments above R$ 5 million. ——— Santander | Select Monthly income above R$ 15,000 or R$ 100,000 in investments. —— Santander | Van Gogh Monthly income from R$ 4,000 to R$ 15,000 — Santander | Especial Monthly income below R$ 4
Slide 13: Focus on being the most present bank in our customers' lives
CC —— Focus on being the most present bank in our customers’ lives: Transactionality Investments Credit Fundamental pillar for Building the best investment Growth in credit with focus customer primacy platform onreturn on capital Booster for the revenue Humanized relationship with scale Complementar
Slide 14: Continuous focus on customer-centricity
Continuous focus on customer-centricity Technology evolution to serve our customers where, how and when they desire Total customers Million 18% + 67.2 68.3 i P ll i Sep/22 Sep/23 Jun/24 Sep/24 +11% YOY of customers with primacy in Individuals 32.5 © +1.9% QoQ million of active customers © +1.5% YoY
Slide 15: Individuals
Individuals Ambition to be more present in our customers life Continuous focus on customer experience NPS of Individuals 62 ) i 3Q22 3Q23 3Q24 Evolution in revenue diversification Fees relative to total revenues (base 100) 107 104 100 3Q22 3Q23 3Q24 @® Santander Brasil Institutional Presentation Mas
Slide 16: Companies
Companies ME. Ambition to be the bank SMEs Corporate Wide presence and competitive of choice for companies advantages to drive business growth Expanded loan portfolio Expanded loan portfolio R$ billion R$ billion 8% +8% . 78.4 79.7 +1% . 74.0 Sep/23 Jun/24 Sep/24 NPS 44 39 65% 66% 20 Sep/23 Jun/24 S
Slide 17: Expansion of the Funding mix plan
Expansion of the Funding mix plan Constant funding growth R$ billion 611.4 627.1 623.4 642.4 ° R$ 23 billion in net inflow in the : d = . Retail+ 9M24 | | | | Santander R$ 3.8 million in net inflow per AA advisor in 3Q24 58.8% 59.3% 60.0% 61.6% 61.4% : Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 ( #jTORO 7 T
Slide 18: Diversified business model and relevant scale across all segments
Diversified business model and relevant scale across all segments Loan Portfolio (sep/24) large Individuals Companies 6536.0 billion 13% ~~ Consumer Finance Loan Concentration 100 Largest TT 2.9, 50 Largest Po 19% 20 Largest FY 13% 10 Largest I ox Largest Debtor [fll 2% @® Santander Brasil | Institu
Slide 19: Diversifying the portfolio with consistency and profitability
Diversifying the portfolio with consistency and profitability Cards | Cards as a lever for primacy Turnover and average spending R$ billion 126 100 us 82.5 94.9 3Q22 3Q23 3Q24 maCredit mm Debit ~+-Average Spending (base 100) /. a . Strengthening of Consumer Finance strategic partnerships Loan Portfo
Slide 20: Technological culture
Technological culture Our culture of productivity and operational excellence fosters continuous improvement in customer experience Agility and stability Efficiency oo Santander Brasil |Institutional Presentation +41% YoY 96% Leaders in digital stability {Total transactions (billion) 5.7 Deployments,
Slide 21: Renewable energy, Net Zero ambition and sustainable business
Y 100% of internal consumption derives from renewable energy since 4Q22 (anticipating the target of 2025) + Net Zero ambition by 2050 + We enabled R$ 22.6 billion in sustainable businesses, achieving a portfolio’ of R$ 35.3 billion, which includes green bond issuances, clean energy financing, and de
Slide 22: Our people are the greatest lever for delighting our customers
Our people are the greatest lever for delighting our customers Diversity and inclusion 36% 4 Black and Brown employees . 35% Women in “< leadership positions 52% =n Female — employees Santander Culture Our culture is founded on 5 behaviors T-Think Customer Sm. ae em E - Embrace Change enPs' 80 pts A
Slide 23: Governance
Governance Structure Shareholders Meeting ratetaupeee 1 ur stach 46% ofthe membersare women performance Board of Directors 55% of the members are independent Board of Directors (BOD) Independent Non-independent Independent Non-independent Directors Directors Members Members Advisory — _— BoD 6 5 , 7
Slide 24: 550.00 450.00 350.00 250.00 150.00 50.00
550.00 450.00 350.00 250.00 150.00 50.00
Slide 25: Credit Ratings
Credit Ratings’ Global Scale Local Scale Local Currency Foreign Currency National Long Term Short Term Long Term Short Term Long Term Short Term ee BB B BB B brAAA brA-1+ S&P Global (stable) (stable) (stable) % Baa3 NP Baa3 NP Aaa.Br Br-1 Moopy’s (positive) (positive) (stable) oo Santander Brasil |
Slide 26: 3Q24 Results
«> Santander
Slide 27: 3Q24 income statement
3Q24 x 3Q24 x (R$ million) 3Q24 2Q24 2Q24 3Q23 Net Interest Income 15,227 14,751 3.2% 15.8% Fees 5,334 5,182 2.9% 13.3% Total Revenues 20,561 19,933 3.2% 15.1% Allowance for Loan Losses (5,884) (5,896) -0.2% 4.7% General Expenses (6,457) (6,314) 2.3% 5.9% Other Operating Income/Expenses (2,613) (2,5
Slide 28: 3Q24 Results | Financial Highlights
3Q24 Results | Financial Highlights R$ billion Net Interest Income +3.2% 15.3 [22% 900 +15.8% YoY 13.2 138 148 148 3023 4023 1024 2024 Client NII 14.9 +2.8% QoQ +8.0% YoY Market NIl 0 3 +3.2% QoQ Spread Per year 9.89% +0.08 p.p. QoQ +0.20 p.p. YoY Fees +2.9% QoQ 5.3 +13.3% YoY 47 5.0 49 5.2 3023 402
Slide 29: 3Q24 Results | Cost of credit and NPL
3Q24 3Q24 Results | Cost of credit and NPL Bes Recurring allowance for loan losses and cost of credit R$ million 4.3% 4.0% 8 3.7% 3.7% ——o- ooo Fy 3Q24 = Considering the specific case in wholesale 3Q23 4Q23 1Q24 TLLP | Recovery of written-off loans J Cost of credit- 12M? NPL - Over 90 days 9 4.2% 4.
Slide 30: 3Q24 Results | Capital and liquidity
3Q24 1 | Idi Earnings 3Q24 Results | Capital and liquidity a fomed BIS Ratio CET1 Ratio 14.3% 14.5% 14.5% 14.4% 15.3% 11.2% 11.5% 11.4% 11.2% 11.0% Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 Sep/23 Dec/23 Mar/24 Jun/24 Sep/24 \ \ 7 173% 147% 144% 142% 145% 109% 111% 109% 109% 111% Sep/23 Dec/23 Mar/24 Jun/2
Slide 31: Takeaways and further information
«> Santander
Slide 32: Quarter highlights and expectations
@® Santander Brasil [Institutional Presentation Quarter highlights and expectations L Obsessive focus on being the most present bank in our customers’ lives Primacy agenda leveraged by the intensive use of technology Value creation and hyper-personalized experience to the customers Growth prioritizi
Slide 33: Reports and related links
Reports and related links Santander Brasil Earnings Release 3Q24 2023 Annual Integrated Report (only Portuguese) Earnings Presentation 3Q24 ‘@sontonder Focings Presentoton Historical Series 3Q24 = For additional information, please visit: Investor Relations website @® Santander Brasil |Institutional
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