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Annual Integrated Report

80 Annual Integrated Report Table of Contents Introduction Value Creation | Economic Performance | Environmental Social Governance Appendices practiced by all its members. To this end, we maintain an ethical and transparent relationship with all institutions, guided by our Code of Ethical Conduct. In 2022, we engaged in dialogue with public, private, and civil society institutions to support issues on the environmental, social, and governance agenda, as well as to contribute to the formulation of public policies concerning sustainable development. Santander's primary areas of engagement in the ESG agenda, with a focus on sustainable development, were bioeconomy, combating deforestation, supply chain traceability, Amazon conservation, the carbon market, and forest concessions. Within sector-specific agendas, we actively participated in regulatory discussions led by organizations dedicated to formulating positions on public policies and devising collaborative strategies and advocacy among institutions. Please refer to the table below for a summary of our activities over the year: A noteworthy aspect of our institutional relationships is our engagement in initiatives and commitments that uphold diversity. [3-3] Advocacy [2-28] Entity About Scope - Febraban Brazilian Federation of Banks The leading entity representing Brazilian banks, dedicated to improving the financial regulatory system and promoting broader access to financial products and services for the general population. Deliberation on macro-sector agendas and industry stances, including tax, labor, consumer, banking security, accessibility, and ESG discussions. Formulation of strategies and drafting of technical memos on bills under consideration in the Legislative branch and initiatives of the Federal Executive, as well as in states and municipalities. ABECS - Project Monitoring Committee Association representing electronic payment companies. It acts as a liaison between the sector and the market, government agencies, and society. As the industry's spokesperson on regulatory matters, it has been promoting self-regulation since 2008. Discussion of bills under consideration in the Legislative branch and initiatives in the Federal Executive, as well as in states and municipalities, with a focus on financial education, payment security, and card usage awareness. Formulation of strategies and development of technical positions and notes pertaining to ongoing proposals. CEBDS - Brazilian Business Council for Sustainable Development Promotion of sustainable development in companies operating in Brazil through coordination with governments and civil society, as well as dissemination of contemporary concepts and practices on the subject. Participation in Thematic Groups (including Water, Climate, Sustainable Finance, and Biodiversity), Advocacy Working Groups, and Leaders Group. Dialogue with public sector, corporate, and civil society stakeholders. Strengthening of sustainability agendas and institutional stances. Total allocated R$ 7.6 million R$ 2.4 million R$ 93,000 ANBIMA Brazilian Association of Financial and Capital Market Entities The leading Brazilian certification body for financial and capital market professionals. In addition to its representative function, it serves as a self-regulatory organization through the implementation of 10 Codes of Regulation and Best Practices Participation in WGs discussing the implementation of both ESG and green certifications. Strategy development and formulation of technical positions R$ 59,000 Entity About Scope Total allocated CEBRI - Brazilian Center for International Relations Brazilian Coalition on Climate, Forests and Agriculture A benchmark think tank in the field of international relations in Brazil. The organization presents itself as the second most significant institution of its kind in Central and South America. Movement comprised of over 300 representatives from the private and financial sectors, academia, and civil society. Participation in discussions regarding the international agenda, as well as Brazil's role in the global landscape. Debates surrounding the most effective mechanisms for establishing a low- carbon economy, as well as preventing and combating deforestation. Support for stances to be disseminated regarding environmental viewpoints. R$ 50,000 R$ 50,000 ICC Brazil - International Chamber of Commerce Dialogue between major corporations and public stakeholders. Preparation of studies on the carbon market, bioeconomy, energy efficiency, and green financing. Participation in discussion forums on topics such as trade finance and sustainability. Support for the publication of studies and dialogue with other private sector players. R$ 50,000 Innovation Lab - Financial Innovation Laboratory Resulting from a partnership between the Brazilian Development Association ("ABDE"), the Inter-American Development Bank ("BID"), and the Brazilian Securities and Exchange Commission ("CVM"), this is a multi-sector interaction forum and a public-private dialogue space for promoting innovation and sustainable finance. Discussions surrounding ESG Risk Management, Transparency, Financial Instruments, and Impact Investing. We participated in the mapping of international taxonomies to support the development of a potential national taxonomy. No contribution required Santander 81
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