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Investor Presentaiton

Annual Report AR 2022 SUMMARY WHO WE ARE OUR STRENGTH AND OUR RESOURCES OUR RESULTS Our Results To measure institutional results, the BCB also uses a set of 30 management indicators. These indicators monitor results associated with the main products of the BCB's value chain and are approved and monitored by internal governance instances. In 2022, 22 out of the 30 monitored KPIs showed results equal to or greater than their targets, while eight did not meet the minimum required index. Those KPIs are listed below: >> Inflation Target, as measured by the IPCA (the following section provides more details). >> Indicator regarding supervision actions carried out by the Conduct Supervision Department. >> Administrative Sanctioning Process (PAS)-average time period of decisions. >> Percentage of authorization processes without loss of legal or normative deadlines. >> Supply of change index per inhabitant - bank notes. >> Supply of change index per inhabitant - coins. >> Social media reach. >> Timeliness and quality index for meeting public authorities demands. The KPIs, their descriptions, calculation methods, results, justifications for unmet targets, and details can be consulted on the BCB's website. The following sections present the results that supported the achievement of the eight BCB's strategic objectives in 2022. The sections present the results associated with each objective. In addition to its fundamental objective of maintaining price stability, the BCB also pursues the maintenance of national financial stability and six other strategic objectives. Five of them are expressed in the dimensions of the Agenda BC#. Finally, there is one more strategic objective: "To improve the BCB performance through innovations, technology, efficient use of resources, and alignment with best international practices". In 2023, the BCB will continue to implement BC# Agenda actions with a proactive approach, to foster competitiveness, transparency, the entrance of new institutions in the SFN and SPB, financial citizenship, and sustainability, in a way that is consistent with its mission. 67
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