Annual Integrated Report
96
GRI Standard
Content
GRI 2: General Disclosures
2021
2-10 Nomination and selection of
the highest governance body
GRI 2: General Disclosures
2021
GRI 2: General Disclosures
2021
GRI 2: General Disclosures
2021
GRI 2: General Disclosures
2021
Details
Annual Integrated Report
Table of Contents
Introduction Value Creation | Economic Performance | Environmental Social Governance Appendices
Since 2009, as provided for in our corporate bylaws, the Board of Directors
("BoD") has been composed of a minimum of five and a maximum of 12
members, elected at the general meeting for two-year terms. At least 20% of
the Board members must be independent. The BoD also has a Chairman and
Vice Chairman, who are elected at the general meeting by majority vote. The
regulations for the nomination and selection process of the Board of Directors
and its advisory committees, as well as the Policy for Selection and Succession
of Senior Leadership Members at Santander Brasil, are available on the Inves-
tor Relations website (https://www.santander.com.br/ri/administracao-en).
2-11 Chair of the highest gover-
nance body
The Chairman of the Board of Directors is independent and does not hold a
senior executive position at the company.
Where to find the
indicator
Reasons for
omission
Page 72
Page 74
2-12 Role of the highest gover-
nance body in overseeing the
management of impacts
The Sustainability Committee is an advisory body tasked with assisting the
Board of Directors ("BoD") on matters related to sustainability and social we-
ll-being, with the purpose of generating and adding value to society by acting
on issues related to sustainability practices and social development integrated
into the Company's business. Santander has a PRSAC, which outlines social,
environmental, and climate principles and directives for conducting business
and engaging with stakeholders within the organization's sphere of influence,
with the aim of preventing negative impacts and maximizing positive impacts
arising from its financial operations and activities. It is the responsibility of
the PRSAC Director to provide support and participate in the decision-making
process concerning the establishment and review of the PRSAC, assisting the
Board of Directors. The PRSAC is approved by both the Sustainability Com-
mittee and the Board of Directors. To access the PRSAC and the Committee's
regulations, please visit the Investor Relations website (https://www.santander.
com.br/ri/home).
Pages 30 and 72
2-13 Delegation of responsibility
for managing impacts
In accordance with the regulations of the Bank's Board of Directors ("BoD"), to
better perform its duties, the Board may establish committees that shall act
as auxiliary bodies without decision-making power, solely for the purpose of
advising the BoD. Among the existing committees, the Risk and Compliance
Committee and the Sustainability Committee are responsible for comprehen-
sively and integrally understanding the risks that may impact the organiza-
tion from an economic, environmental, and social perspective. For additional
information on these committees, please visit the Investor Relations website
(https://www.santander.com.br/ri/administracao).
2-14 Role of the highest go-
vernance body in sustainability
reporting
At the request of the Board of Directors, the Audit Committee has reviewed
and approved the reported information, including the Bank's material topics.
Page 30
Page 9
Santander
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