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[Free English Translation]
BANCO SANTANDER (BRASIL) S.A.
Corporate Taxpayer ID (CNPJ/MF) nº 90.400.888/0001-42
Company Registration (NIRE) 35.300.332.067
MATERIAL FACT
BANCO SANTANDER (BRASIL) S.A. (“Santander Brasil” or “Company”) hereby informs its shareholders and the market in general that, in the context of a jointly and coordinately conducted succession process, Mr. Gustavo Alejo Viviani will step down from his positions as Executive Vice President and Investor Relations Officer of the Company at the end of April 2026, subject to the receipt of the applicable regulatory approvals by his successor. As a result of this decision, the Company will implement adjustments to its organizational structure, aligning it with the model adopted by the Santander Group in other geographies, under which the position of Chief Financial Officer (CFO) also encompasses responsibility for the Accounting function, with the respective officer reporting directly to the CFO.
As successor to Mr. Gustavo in the positions of Chief Financial Officer and Investor Relations Officer of Santander Brasil, Mr. Carlos Muñiz González-Blanch has been nominated. Mr. Carlos is a senior executive with more than 25 years of experience in the financial sector, having developed his career in global financial institutions, with expertise in infrastructure financing, risk management, mergers and acquisitions, and strategic leadership. With 20 years of experience within the Santander Group, Mr. Carlos currently serves as Global Chief Financial Officer of the Santander Corporate & Investment Banking (SCIB) division.
Santander Brasil further informs that the succession process was initiated in accordance with the Company’s established internal governance and has been conducted in a coordinated and transparent manner, with the direct involvement of Mr. Gustavo Alejo Viviani, thereby ensuring a careful and orderly transition that will preserve the continuity and stability of the activities under his responsibility.
Over the course of his 25-year career at Santander Brasil, Mr. Gustavo Alejo Viviani has played a highly significant role in strengthening the Company, holding senior leadership positions across both the Wholesale and Retail businesses, as well as serving as Chief Financial Officer and Investor Relations Officer, with a key role in capital management and the development of the Company’s strategy. Santander Brasil expresses its appreciation for his contributions and professionalism, which enhanced the quality of the work performed and prepared the area for its next cycles.
São Paulo, December 22, 2025.
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Mario Roberto Opice Leão CEO |
Gustavo Alejo Viviani CFO and Investor Relations Officer |
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Banco Santander (Brasil) S.A.
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By:
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/S/ Reginaldo Antonio Ribeiro
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Reginaldo Antonio Ribeiro
Officer without specific designation |
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By:
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/S/ Gustavo Alejo Viviani
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Gustavo Alejo Viviani
Vice - President Executive Officer |
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