Investor Presentaiton

Key aspects of the Brazilian market FX (BRL/USD) Impacted by external and local uncertainties 1% Inflation (% p.a.) Slow convergence to the midpoint of the target range 5.20 5.58 5.30 3.87 4.03 3.31 2017 2018 2019 2020 2021 10.06 5.54 3.75 4.31 4.52 2.95 I 20221 2017 2018 2019 2020 2021 20221 Selic Rate (% p.a.) Necessary (and strong) adjustment must be made to keep inflation in check 880 GDP (% p.a.) Economy at a moderate pace ahead 13.75 9.25 1.30 1.78 1.22 7.00 6.50 4.50 2.00 -3.88 INVESTOR RELATIONS 2017 2018 2019 2020 2021 2022¹ 2017 2018 2019 2020 2021 2022¹ [email protected] 4.62 2.81 IIIIII Aug-17 Nov-17 Feb-18 Economic activity performance (%) Macroeconomy and Financial System May-18 Aug-18 Nov-18 Feb-19 May-19 Aug-19 -Industrial production Nov-19 Feb-20 May-20 Aug-20 -Retail sales Nov-20 Feb-21 May-21 Aug-21 Nov-21 Feb-22 May-22 Aug-22 -Volume of services Social indicator 8.7% Unemployment Rate Sep-22 -60 bps Sep-22 vs. Jun-22 -390 bps Sep-22 vs. Sep-21 0800 286 8484 Sources: Brazilian Central Bank and IBGE 1 Santander Brasil estimate FAQ www.santander.com.br/faq 4 8.0 1.6 1.2

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