OVERVIEW 3Q Expansion of Investment Bank, payroll loan and credit cards PORTFOLIO EXPANSION Beginning of operations in auto finance

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1 OVERVIEW 1. HISTORY 1991 Beginning of operations as a multiple bank 2002 Nassau Branch 2007 Expansion of Investment Bank, payroll loan and credit cards 2015 Promotiva S.A. (payroll loans origination to Banco do Brasil) 2018 Partnership with Neon Pagamentos FOCUS ON TREASURY NICHE BANK PORTFOLIO EXPANSION PARTNERSHIP WITH BANCO DO BRASIL REVENUES DIVERSIFICATION 2000 Opening of Votorantim Asset Management 2003 Beginning of operations in auto finance 2009 Beginning of strategic partnership with Banco do Brasil 2017 Student loan, financing for solar energy Repositioning of the Corporate segment 2. OWNERSHIP STRUCTURE Total: 50.00% ON: 50.01% PN: 49.99% Total: 50.00% ON: 49.99% PN: 50.01% VOTORANTIM S.A. One of the largest privately-held industrial groups in Latin America, founded in 1918 R$ 9.0 billion revenues and R$ 1.7 billion EBITDA in Market leader among its diversified portfolio: - Cements: Top 10 global player (Votorantim Cimentos) - Metals: Top 5 zinc producer in the world (NEXA); #2 in Brazil in aluminum (CBA) - Orange Juice: the largest producer in the world (Citrosuco) More than 40,000 employees Ratings: Ba2 (Moody s) / BB+ (S&P) / BBB- (Fitch) BANCO DO BRASIL Largest FI in Brazil, 200+ years old, and global presence in 24 countries R$ 3.4 billion net income and 14.3% ROAE in Market leader in: - Agribusiness Loans: R$ 188 billion (59% market share) - Payroll Loans: R$ 70 billion (21% market share) - AuM: R$ 935 billion in assets under management - Total Assets: R$ 1.5 trillion 97,000 employees Ratings: Ba2 (Moody s) / BB- (S&P) / BB (Fitch) 3. CORPORATE GOVERNANCE STRUCTURE FISCAL COUNCIL AUDIT COMMITTEE GENERAL SHAREHOLDERS' MEETING BOARD OF DIRECTORS ADVISORY COMMITTEE COMPENSATION & HR COMMITTEE MANAGEMENT EXECUTIVE BOARD RISK AND CAPITAL COMMITTEE

2 4. STRATEGY DIVERSIFIED BUSINESS PORTFOLIO R$ 59.4B Consumer Finance AUTO FINANCE To focus on used cars (multi-brand dealers) To originate portfolios with quality, scale and profitability Innovation and digital transformation R$ 32.2B R$ 37.4B OTHER BUSINESSES Credit Cards Insurance brokerage Promotiva S.A. Loans - Payroll loans - Personal loans - Student loans - Home equity - Solar Energy R$ 5.2B CORPORATE BANK Corporate bank: growth (R$ 300M ~ R$ 1.5B) - cash management, financial structuring, guarantees, floating capital, hedge, FX, capital markets and M&A Large Corporate: profitability (> R$ 1,5B) - capital market, financial structuring, guarantees and treasury R$ 22.0B Wholesale WEALTH MANAGEMENT Asset Private Expanded credit portfolio 5. EXPANDED CREDIT PORTFOLIO (R$B) MAINTENANCE OF THE CONSERVATIVE APPROACH TO CREDIT Consumer Finance Credit Cards Loans Auto finance Wholesale Wholesale 24.7 (41%) (38%) 22.0 (37%) DEC/17 MAR/18 6. WHOLESALE BUSINESSES EXPANDED CREDIT PORTFOLIO TOP 20 SECTORS ACCOUNT FOR 83% OF THE WHOLESALE CREDIT EXPOSURE Loans Guarantees provided Private Securities Onlending (BNDES) Financ Export/Import Other Expanded portfolio R$ HIGHLIGHTS AND ESTRATEGIES 5,1 Grow in Corporate bank (R$ 300M to R$ 1.500M) Increase protability in Large Corporate (ex: unfunded) Diversied portfolio of Wholesale products Discipline in capital allocation and risk management Explore competitive advantages - Agility and exibility - Sectoral expertise - DCM distribution Wholesale - Sectorial concentration Financial Institutions Sugar and Ethanol Telecom Retail Automotive/ Auto parts/ Car Dealers Mining Railways Government Food and Beverage industry Oil & Gas Slaughterhouses Industry Tranding Agro Services Agrochemistry Agribusiness Eletricity Distribution Car rental Eletricity Generation Cooperatives Other Total Sep/18 R$M Part.(%) 2, % 1, % 1, % 1, % % % % % % % % % % % % % % % % % 2, % 16, %

3 7. CONSUMER FINANCE BUSINESSES AUTO FINANCE LOAN PORTFOLIO 2.8 Loan portfolio R$ 32.2B AUTO FINANCE - ORIGINATION OF AUTO LOANS (R$B) Other Vehicles Used cars (89%) +6.3% (88%) / +16.3% +5.0% Used New 29.4 (91%) Interest rate Average term Down payment (%p.y.) (months) Among market leaders in auto financing, with the following advantages: Capillarity: presence in ~18,000 car dealerships nationwide Agility: 91% of proposals with automatic credit decision Expertise: continuous improvement of management tools (pricing, credit, collection etc.) Long-term relationship: first access to customer record LOANS AND FINANCING Selective operation in loans agreements 0.9 Loan portfolio R$ 3.1B 2.2 Payroll loans: INSS (retirees); Private; Public Personal loans and other businesses: - Personal loans - Student loans - Home equity - Solar energy - Partnerships with fintechs (ex: Guia Bolso and Neon Pagamentos) Payroll loans Personal loans + Other CREDIT CARDS Loan portfolio (R$B) 2.1 INSURANCE BROKERAGE 36 ~900 thousand ACTIVE CARDS 52 Insurance premiums R$ 226M 138 Explore the current customer base of auto financing and grow organically through business partnerships Credit Insurance Auto Outros Increase commission revenues by leveraging retail customer base

4 8. WEALTH MANAGEMENT & SERVICES ASSETS UNDER MANAGEMENT (R$ BILLION) ASSET MANAGEMENT Focus on high value-added structured products Synergies with BB: R$ 3.7B AuM of partnership funds - BB Votorantim Highland Infraestrutura (FIDC) BB Progressivo II (FII) Fênix (FIDC) Green Towers (FII) th 11 th RANKING ANBIMA 12 th PRIVATE BANK Focus on High and Ultra High clients (assets > R$ 25M) Integrated wealth management through differentiated and customized solutions 9. CREDIT QUALITY 90-DAY NPL 4.1% 4.0% 3.9% 4.0% 4.2% TOTAL 4.8% 4.7% 4.6% 4.9% 4.3% 4.2% 4.1% 4.4% 4.9% 4.4% CONSUMER FINANCE AUTO FINANCE 2.1% 1.8% 1.5% 1.3% 2.1% WHOLESALE DEC/17 MAR/17 90-DAY COVERAGE RATIO 165% 192% 191% 184% 174% COVERAGE RATIO 3,218 3,688 3,551 3,630 3,644 1,947 1,924 1,861 1,969 2,095 DEC/17 MAR/18 ALL BALANCE (R$M) 90-DAY NPL BALANCE (R$M)

5 10. FUNDING & LIQUIDITY CREDIT ASSIGNMENTS AND BILLS REPRESENTED ALMOST HALF OF TOTAL FUNDING (R$B) Other 1 Bills (LCA, LCI and LAM) Loans and onlendings Sub Debt Time deposits Debentures (repos) Loans securitized to Banco do Brasil Bills (LF) (16%) (13%) (11%) 21.3 (30%) 20.8 (33%) 23.6 (38%) High Quality Liquidity Assets (HQLA) (R$B) Liquidity Coverage Ratio (LCR)² 172% 156% Additionally, Banco Votorantim has a standby credit facility with BB since 2009, which has never been tapped. 1 Includes cash and interbank deposits, and securities abroad, whose balance was R$ 0.7B in Sep/18; 2 Ratio of total high quality liquid assets (HQLA) and the total cash inflows for a 30 days period in a stress scenario, being the minimum regulatory of 90%. Does not consider standby credit facility with Banco do Brasil. 11. CAPITAL STRUCTURE Total Capital (R$ B) Shareholders Equity (R$ B) BASEL RATIO TIER II TIER I 14.6% 3.7% 10.9% 16.0% 3.3% 12.8% 16.4% 3.3% 13.1% CET1: 11.1% 12.RATINGS RATING AGENCIES INTERNATIONAL Local Foreign NATIONAL Local BRAZIL Sovereign rating Moody s Long-term Short-term Ba2 Ba3 Aa3.br NP NP BR-1 Standard Long-term BB braaa & Poor s Short-term B bra-1+ Ba2 BB

6 13. HIGHLIGHTS OF RESULTS NET INCOME (R$ MILLION) 779 Profitability of businesses Q18 ROE (% p.y.) 7.3% 11.6% 11.9% 6.7% 11.5% NII AND INCOME FROM SERVICES AND INSURANCE (R$ MILLION) Revenue diversification INCOME FROM SERVICES AND INSURANCE NET INTEREST INCOME 1, ,323 1, ,259 1, ,326 4,971 1,222 3,749 5,286 1,355 3,931 2Q18 RESULT OF LOAN LOSSES AND IMPAIRMENTS (R$ MILLION) 1, Q18 PERSONNEL AND ADMINISTRATIVE EXPENSES (R$ MILLION) Increase the operational efficiency PERSONNEL (Includes Profit Sharing Expenses) ADMINISTRATIVE , , Q18 Efficiency ratio (12 months) 35.1% 32.9% 33.2% More detailed information about Banco Votorantim can be obtained from the Earnings Release available