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Investor Presentaiton

Key aspects of the Brazilian market 個 FX (BRL/USD) Relatively stable despite the uncertainties 2018 2019 2020 2021 2022 20231 % Inflation (% p.a.) Slow convergence to the midpoint of the target range 5.20 5.58 5.22 5.20 10.1 3.87 4.03 5.8 3.7 4.3 4.5 4.9 2018 2019 2020 2021 2022 20231 Selic Rate (% p.a.) Gradual cuts to deal with inflationary resilience ддо GDP (% p.a.) Economy at a moderate pace ahead 13.75 11.75 1.8 9.25 1.2 6.50 4.50 -3.3 2.00 INVESTOR RELATIONS 2018 2019 2020 2021 2022 20231 2018 2019 2020 2021 2022 20231 5.0 2.9 1.9 IIIIII May-20 Aug-20 Nov-20 Feb-21 Economic activity performance (%) May-21 -Industrial production [email protected] 0800 286 8484 Sources: Brazilian Central Bank and IBGE 1 Santander Brasil estimate FAQ www.santander.com.br/faq Aug-21 Nov-21 Feb-22 Retail sales May-22 Aug-22 Macroeconomy and Financial System Nov-22 Feb-23 -Volume of services May-23 Social indicator 8.0% Unemployment Rate Jun-23 -0.8 p.p. Jun-23 vs. Mar-23 -1.3 p.p. Jun-23 vs. Jun-22 4 4.68 1.85 -1.03
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