Banco Santander (brasil) S.a. · BMFBOVESPA:SANB3
Banco Santander (brasil) — Q2 2024 Earnings Presentation
35 slides from Banco Santander (brasil)'s earnings presentation, August 2024
Slide 1: Institutional presentation 2Q24
«> Santander Institutional presentation 2Q24 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 2Q24' P Santander S ane Q Takeaways and macroeconomic Brasil's Results 5 Fs 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 5:30 4.03 Inflatio (annual %) 2019 2020 2021 2022 2023 2024" SELIC et (annual %) 2019 2020 2021 2022 2023 2024' @® Santander Brasil |Institutional Presentation Economic activity performance Growth YoY 24.14 23.27 10.06 15.94 any 0.76
Slide 6: Brazilian Financial System | Credit
Brazilian Financial System | Credit RS trillion and YoY growth 17.6% . . 33 2.6 11.4% 15 Jun/21 Jun/22 Jun/23 Jun/24 ‘Companies Individuals Total Household debt to income* Jun/21 Jun/22 Jun/23 Jun/24 May/21 May/22 May/23 May/24 mp) oo mmPF =-—=PJ(YoY) —=PF(YoY) © —Total (YoY) wT wT wT vl @® Santande
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 | 6M24 € million tmotConmerct ont IIS 3226 Digital Consumer Bank NH 7,070 Corporate investment Banking NS 1,
Slide 9: Santander Brasil's Strategy
ak ¥ Santander Brasil’s e Strategy «> Santander
Slide 10: 2024 Highlights
2024 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 RS 1,249 R$
Slide 11: Consolidated presence of Santander Brasil
Consolidated presence of Santander Brasil Initial public offering (IPO) - Acquisition of Superdigital a Acquisition of 51% of LOOP 2009 — 2014 — 2016 —— 2017 —— 2018 —— 2019 —— ae Els Voluntary Acquisition of exchange tender 70% of Return offer (OPA) Acquisition of 89% of Getnet Acquisition of 60% o
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: Continuous focus on customer-centricity
Continuous focus on customer-centricity Continuous Total Customers Active Customers Loyal Customers technology milion milton M09 evolution to serve 20% 1 pS t2% [ +h | our customers cag 658 872 a ns where, how and 56.2 312 oa ee es a7 89 when they desire Primacy’ Jun/22. Jun/23. Mar/24 Jun/24 . un,
Slide 14: Continuous technology evolution to serve our customers where, how and when they desire
Continuous technology evolution to serve our customers where, how and when they desire Primally digital relationship 4.5x IA interactions in the chatbot" +40% YoY in chatbot interactions* 533 million visits per month Amount of sales Million _ +12% > 0 0) 107 13.4 2Q22 2Q23 2Q24 Digital channel trans
Slide 15: Santander Select
Santander Select Total Customers Thousand +132% 1 1,514 COMECA 1,425 pe Ambition of becoming the leading platform for premium services in Brazil Jun/22 Jun/23 Mar/24 Jun/24 Vv NPS 70 © +8pts YoY Growth of 59% of the investment clients’ @® Santander Brasil |Institutional Presentation (in two years) L
Slide 16: : «> Santander
: «> Santander _COMECA AG-#RA na novd Inder com vocé. Complete redesign of the Continuous and multichannel conversation: mass income offering App, Chat, and Store 100% integrated New digital experience, Ambition to be more present in much simpler and intuitive our customers life Higher sales of firs
Slide 17: Diversified business model and relevant scale across all segments
Diversified business model and relevant scale across all segments Loan Portfolio (iun/24) large Individuals Companies 538.5 billion 13% SMEs Esse \ Consumer Finance Loan Concentration 100 Largest TTT 2.9, 50 Largest Po 18% 20 Largest PY 12% 10 Largest | 8% Largest Debtor {i 2% @® Santander Brasil |
Slide 18: Companies
Companies _ SMEs Corporate Ambition to be the bank - ~ : ; ; g P Wide presence and competitive advantages to Services tailored to our customers of choice for companies drive business growth complexity and sophistication - Expanded loan portfolio Expanded loan portfolio Expanded loan portfolio R$ bil
Slide 19: Expansion of the Funding plan
Expansion of the Funding plan Constant funding growth R$ billion . R$ 9.4 billion in net inflow in the Retail+ 2024 Santander R$ 4.2 million in net inflow per AA advisor in 2Q24 Jun/22 Jun/23 Mar/24 Jun/24 5 F Real Estate (LCI) and Financial bills 15t place in brokerage service im Time deposits = Ag
Slide 20: Diversifying the portfolio with consistency and profitability
Diversifying the portfolio with consistency and profitability Cards as a lever Strategic partnerships consolidating us as Portfolio growth with asset quality for primacy market leaders improvements outperforming the market Turnover and average spending Loan Portfolio Loan Portfolio R$ billion RS bil
Slide 21: Diversifying the portfolio with consistency and profitability
Diversifying the portfolio with consistency and profitability We provide solutions for the entire agribusiness value chain Expanded Portfolio R$ billion 471% - 55.9 42.1 32.7 Jun/22 Jun/23 Jun/24 2X revenue in two years \ ) Focus on the digital customer journey Loan Portfolio RS billion +12% > 63.2
Slide 22: Technological culture
Technological culture Our culture of productivity and operational excellence fosters continuous improvement in customer experience Agility and stability +49% YoY | Deployments, with being 86% automatically 96% of operations running in the cloud (+5 p.p. YoY) Leaders in digital stability by Downdetec
Slide 23: ESG and sustainability
|Institutional Presentation Y Carbon neutral since 2010 Y 100% of internal consumption derives + Net Zero ambition by 2050 from renewable energy since 4Q22 (anticipating the target of 2025) + We issued our first “social bond” in the international market, raising R$ 1.3 billion, which is intended to
Slide 24: Our people are the greatest lever for delighting our customers
Our people are the greatest lever for delighting our customers Diversity andinclusion Santander Culture Our culture is founded on 5 behaviors T-Think Customer aa, petno, togey @) 36% @ rE) A) (My 6 E- Embrace Change eNPS! 80 Pts : Black and Brown EY ites Recognized as a M-— Move Together Linked ff e
Slide 25: Governance
Governance Structure a ESG as a metric for Diverse and 50% of the members are women Shareholders Meeting evaluating executive independent i performance Board of Directors 60% of the members are independent Board of Directors (BOD) Independent Non-independent Independent Non-independent Directors Dir
Slide 26: Stock Performance
«> Santander Pea Stock Performance” Base 100 in 2009 (Santander Brasil’ IPO) | 100% —SANB11 —IBOV 301 Santander S.L. Sterrebeeck B.V aoe 42.259 .049 47.259 Treasury shares & 5 e% S ‘i us | a Management pee 2009 2012 2015 2018 2021 2024 B, Banco Santander (Brasil) S.A. Free Float 9.85% Free Float Seg
Slide 27: 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 OTST BB B BB B brAAA brA-1+ S&P Global (stable) (stable) (stable) % Bal NP Bal NP Aaa.Br Br-1 Moopy’s (postive) (postive) (stable) @® Santander Brasil | In
Slide 28: 2Q24 Results
«> Santander
Slide 29: 2Q24 income statement
2Q24 x 2Q24 x (R$ million) 2Q24 1Q24 1Q24 2Q23 Net Interest Income 14,751 14,790 -0.3% 10.6% Fees 5,182 4,886 6.1% 17.5% Total Revenues 19,933 19,676 1.3% 12.3% Allowance for Loan Losses (5,896) (6,043) -2.4% -1.4% General Expenses (6,314) (6,297) 0.3% 4.6% Others (3,816) (3,797) 0.5% 2.4% Manageria
Slide 30: 2Q24 Results | Financial Highlights
2Q24 Results | Financial Highlights R$ billion Net Interest Income 14.8 -0.3% QoQ +10.6% YoY 13.30 13.2 138 148 2023 3023 4023 1924 Client NII 14 5 +0.2% QoQ +3.0% YoY Market NIl 0 3 R$ -75 million QoQ . R$ +994 million YoY Spread Per year 9.81 % -0.21 p.p. QoQ -0.18 p.p. YoY Fees +6.1% QoQ 5.2 +17.
Slide 31: 2Q24 Results | Cost of credit and NPL
2Q24 2Q24 Results | Cost of credit and NPL a Recurring allowance for loan losses and cost of cred R$ million 4.5% aay a 3.8% 3.7% 2Q23 3Q23 4Q23 Tue [Recovery of written-off loans | Cost of credit - 12M 2Q24 _| Considering the specific case in wholesale 4. 5.6% 4.2% 4.3% 4.3% 4.2% - 5.2% 5.1% 4.9% _
Slide 32: 2Q24 Results | Capital and liquidity
2Q24 Results | Capital and liquidity Capital quarter evoluti 14.5% 14.4% 12.3% _ 1.0% 11.2% BIS Ratio Tier 1 Net profit, RWA Tier 1 BIS Ratio Mar/24 Mar/24 Dividends and loc Jun/24 Jun/24 MBISratio Mm CET Tratio = Complementary Capital Tier 1 ratio 2Q24 Earnings Release Capital annual evolution 12.3
Slide 33: Takeaways and further information
«> Santander
Slide 34: Takeaways
Takeaways @® 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 Free offering as a powerful tool in customer activation and conversion Co
Slide 35: Reports and related links
Reports and related links Santander Brasil Earnings Release Earnings 2Q24 Presentation 2Q24 Pigg 2izt Fay Earnings Presentation 2023 Annual Integrated Historical Series Report (only Portuguese) 2Q24 == For additional information, please visit: Investor Relations website @® Santander Brasil |Institut
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