Banco Santander Brasil S A : 1Q22 BRGAAP Financial Statements

Banco Santander Brasil S A : 1Q22 BRGAAP Financial Statements

Banco Santander (Brasil) S.A. Parent Company and Individual and Consolidated Condensed Interim Financial Statements Prepared in Accordance with Accounting Practices Established by Brazilian Corporate Law, Applicable to Institutions Authorized to Operate by the Central Bank of Brazil Index Performance Review …………………………………………………………………………………………………………………………………………………………………………….. 3 Condensed Income Statement …………………………………………………………………………………………………………………………………………………………. 14 Condensed Statement of Changes in Shareholders’ Equity – Bank …………………………………………………………………………………………… 16 Condensed Statement of Changes in Shareholders’ Equity – Consolidated ……………………………………………………………………………. 17 Condensed Statement of Cash Flows ……………………………………………………………………………………………………………………………………………… 19 Condensed Value Added Statement ……………………………………………………………………………………………………………………………………………….. 21 1. General Information ………………………………………………………………………………………………………………………………………………………………. 22

2. Presentation of Financial Statements ………………………………………………………………………………………………………………………………… 22

3. Significant Accounting Policies …………………………………………………………………………………………………………………………………………… 23

4. Cash and Cash Equivalents ………………………………………………………………………………………………………………………………………………….. 23

5. Interbank Investments ………………………………………………………………………………………………………………………………………………………….. 24

6. Securities and Derivatives Financial Instruments …………………………………………………………………………………………………………….. 25

7. Interbank Accounts ……………………………………………………………………………………………………………………………………………………………….. 41

8. Credit Portfolio and Allowance for Expected Losses Associated with Credit Risk …………………………………………………….. 41

9. Other Financial Assets …………………………………………………………………………………………………………………………………………………………… 45

10. Tax Assets and Liabilities ……………………………………………………………………………………………………………………………………………………… 46

11. Other Assets ……………………………………………………………………………………………………………………………………………………………………………. 50 12. Information on Dependencies Abroad ……………………………………………………………………………………………………………………………… 50 13. Investments in Affiliates and Subsidiaries Subsidiary …………………………………………………………………………………………………….. 51 14. Fixed Assets …………………………………………………………………………………………………………………………………………………………………………….. 56 15. Intangibles ………………………………………………………………………………………………………………………………………………………………………………. 57 16. Funding ……………………………………………………………………………………………………………………………………………………………………………………. 57 17. Other Financial Liabilities ……………………………………………………………………………………………………………………………………………………… 60 18. Other Payables – Other ………………………………………………………………………………………………………………………………………………………… 61 19. Provisions, Contingent Assets and Liabilities and Legal Obligations – Tax and Social Security ……………………………… 62 20. Stockholders’ Equity ……………………………………………………………………………………………………………………………………………………………… 66 21. Related Parties ……………………………………………………………………………………………………………………………………………………………………….. 69 22. Income from Services Rendered and Banking Fees ………………………………………………………………………………………………………… 75 23. Personnel Expenses ……………………………………………………………………………………………………………………………………………………………….. 76 24. Other Administrative Expenses …………………………………………………………………………………………………………………………………………… 76 25. Other Operating Income ………………………………………………………………………………………………………………………………………………………. 76 26. Other Operating Expenses …………………………………………………………………………………………………………………………………………………… 77 27. Non-Operating Income ………………………………………………………………………………………………………………………………………………………… 77 28. Employee Benefit Plans – Post-Employment Benefits …………………………………………………………………………………………………….. 78 29. Risk Management, Capital and Sensitivity Analysis ………………………………………………………………………………………………………… 81 30. Other information ………………………………………………………………………………………………………………………………………………………………….. 84 31. Subsequent Events ………………………………………………………………………………………………………………………………………………………………… 87 Composition of Management Bodies ……………………………………………………………………………………………………………………………………………… 88 Declaration of directors on the financial statements ……………………………………………………………………………………………………………………. 91 Directors’ Statement on Independent Auditors …………………………………………………………………………………………………………………………….. 93 Fiscal Council’s Opinion ……………………………………………………………………………………………………………………………………………………………………… 95 Performance Review Dear Stockholders: We present the Performance Commentary to the Condensed Individual and Consolidated Interim Financial Statements of Banco Santander (Brasil) S.A. (Banco Santander or Banco) for the period ended March 31, 2022, prepared in accordance with accounting practices adopted in Brazil, established by Corporation Law, together with the […]

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