BANCO SANTANDER (BRASIL) S.A., LUXEMBOURG BRANCH

Banco Santander (Brasil) S.A., Luxembourg Branch is the Luxembourg outpost of Banco Santander (Brasil) S.A., a Brazilian bank listed in São Paulo and New York and part of Spain’s Santander Group. The branch operates under the supervision of Luxembourg’s Commission de Surveillance du Secteur Financier and is positioned for wholesale activities rather than retail, serving corporate and institutional clients with cross-border requirements between Latin America and Europe. Its mandate typically covers treasury and liquidity management in major currencies, cross-border lending, deposit and cash management solutions for professional clients, trade and export finance support, and access to international capital markets, including the issuance and listing of debt securities on the Luxembourg Stock Exchange under group programmes. The branch does not publish extensive stand-alone financial statements; it is consolidated into Banco Santander (Brasil) S.A.’s IFRS reporting, and instruments issued via the Luxembourg platform generally align with the parent’s credit profile and ratings. Governance and controls follow Luxembourg banking law and EU requirements applicable to third‑country branches, including AML/CTF obligations, investor disclosure rules and data‑protection standards. Client treatment and protections depend on product type and regulatory classification, and may differ from those in the Brazilian market; documentation for securities offerings is provided through approved base prospectuses and final terms. In practice, the branch is most relevant to issuers and institutional investors accessing the Eurobond market and to corporates arranging euro‑area banking within the Santander Brasil franchise, while retail services are typically provided by other group entities.