Institutional Presentation 4Q.2017

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1 Institutional Presentation 4Q.2017

2 SUMMARY Who We Are History Our Business Ownership Structure Organizational Flowchart Financial Highlights and Rating Credit Funding Wealth Management Financial Services Bank of Communications Financial Highlights Global Presence

Who We Are The Banco BOCOM BBM S.A. is a joint venture between Bank of Communications, which owns 80% of its equity, and Brazilian shareholders, with 20%.

4 Who We Are The Banco BOCOM BBM S.A. is a joint venture between Bank of Communications, which owns 80% of its equity, and Brazilian shareholders, with 20%. Bank of Communications was founded in 1908 in the city of Shanghai with the aim of boosting Chinese industry. It opened its first branch in Hong Kong in Banco BOCOM BBM S.A. s origins date from 1858 in the city of Salvador in Bahia State, Brazil. Coherently with these two origins, today we are dedicated to meeting the credit and financial service requirements of companies established in Brazil, and to providing Wealth Management services for individuals, including the administration of exclusive investment funds and protection against financial risks. We look to the future with determination to participate in the growing economic and cultural integration between Brazil and China, always based on the two institutions and countries core values. TRADITION AND SOLIDITY Origin in a joint venture between one of the largest and oldest banks in China and Brazil s oldest private financial group. EXCELLENCE IN RISK CONTROL We have a long tradition of excellence in risk management. In the past 20 years we have invested in continuous development of proprietary risk management methodologies, always at the cutting edge of the industry. AGILITY IN DECISION MAKING We have a sound and transparent governance framework. Our executives are deeply committed to the activities affected by their decisions in the short and long term, and have the expertise to minimize any conflicts of interest between business units, executives and shareholders. TRANSPARENCY IN TRANSACTIONS Transparency in selecting the best products and services available on the market, with high governance standards: this is what distinguishes the advisory services we offer clients in accordance with each profile. HIGHLY QUALIFIED STAFF Banco BOCOM BBM is a hub for identifying and training talented people. We place a high value on the systematic pursuit of advanced knowledge and prioritize people who add value to the organization in the course of their professional development. FLEXIBILITY TO MEET CLIENTS NEEDS With a team of trained and certified professionals, we seek personalized solutions to meet clients requirements, which go beyond financial portfolio management and include succession and family planning.

5 History

Our Business Corporate Credit Credit lines and guarantees to companies through the following platforms: Corporate: economic groups with annual revenues from R$ 200 million up to R$ 3 billion; Large

6 Our Business Corporate Credit Credit lines and guarantees to companies through the following platforms: Corporate: economic groups with annual revenues from R$ 200 million up to R$ 3 billion; Large Corporate: economic groups with annual revenues starting at R$ 3 billion; China Corporate Desk: credits for Chinese companies based in Brazil. Wealth Management Financial advisory to high net-worth clients. Financial Services Debt structuring, pricing of derivatives and other products.

7 Ownership Structure 100% BoCom Brazil Holding Company Ltda Brazilian Shareholders 80% 20% 100% 100% BACOR Corret. de Câmbio e Val. Mobil. S.A. The Southern Atlantic Investments, Ltd. 100% BBM Bank Ltd. (Bahamas) - Participations of less than 0.001% were excluded from this organization chart and the value was rounded to the controlling company. - Percentages considered excluding shares held in treasury.

8 Organizational Flowchart Shaohui Yang (Chairman) Pedro H. Mariani Sun Xu Po Ying Sun Rongjun Board Internal Audit Compliance & General Secretary Pedro H. Mariani CEO Sun Xu CFO Miguel Flaksman Managing Director Cassio von Gal Managing Director Leonardo Oliveira Managing Director Sergio Freitas Managing Director Alexandre Lowenkron CRO & COO BOCOM Client Desk Structuring Local FIG & Distribution Corporate Credit I Relationship Management Private/ High/Ultra High Clients Risk and Performance Analytics Corporate Treasury (ALM) Accounting and Tax Products Legal International FIG & Distribution Client Desk and Market Making Corporate Credit II Corporate Credit III Relationship Management Ultra High Clients Asset Allocation Integration Risk and Control Macroeconomic Research & Corporate Communications Integration Accounting and Budget Credit Analysis Large Corporate Credit Products and Services IT Client Support Treasury Control and Settlement Credit Control Administrative and Internal Controls Human Resources

9 Financial Highlights and Rating Financial Highlights (BRL Million) Dec/15 Dec/16 Dec/17 Total Assets 3,796 4,004 4,976 Shareholders' Equity Net Income Accumulated Total Expanded Credit Portfolio ¹ Total Funding Return on Average Equity (p.a.) Return on Average Assets (p.a.) Expanded NIM (Before allowances for loan losses) ² ³ (p.a) Basel Ratio (Core Tier I) Liquid Assets Efficiency Ratio (ER) ,731 2, % 1.3% 5.65% 19.8% 1, % ,171 2, % 0.8% 5.26% 21,3% 1, % ,668 4, % 1.0% 5.75% 16.1% 1, % ¹ Includes sureties, guarantees, letters of credit and operations bearing credit risk (debentures and promissory notes). ² Includes the result of equity pickup. ³ Including services fees and adjustment in open market operations. Rating Moody s Investors Service (Dec/17) Aaa.Br Bank Deposits/Domestic Currency Ba1 Bank Deposits/Global Fitch (Mar/18) AAA (bra) Bank Deposits/Domestic Currency BB Bank Deposits/Global

11 Credit Portfolio Total Expanded Credit Portfolio R$ Million 3,668 Total Expanded Credit 2, , ,134 2,496 Corporate and Large Corporate; Credit transactions such as working capital, trade finance, guarantees and corporate securities 1,250 1,552 Dec/15 Dec/16 Dec/17 Others Large Corporate

12 Credit Portfolio Total Expanded Credit Portfolio Breakdown by Transaction Dec/17 22% Loans and Guarantees Issued Portfolio* Risk Rates Dec/17 17% 7% 16% Trade Finance 5% 43% 3% 12% 33% Export Credit Notes Working Capital Guarantees Issued and Others Corporate Securities A AA B Total Expanded Credit Portfolio Breakdown by Sector Dec/17 34% Collaterals** Dec/17 Loans and Guarantees Issued 13% 18% 19% 4% 5% 12% 5% 6% 15% Sugar and Ethanol Utilities (energy) Agriculture Civil Construction Retail Food Capital Goods Others Receivables Inventories / Crops 42% C (E-H) 69% Assignment of real estate * Expanded credit operations, classified according to the Central Bank of Brazil s 2.682/99 Resolution. ** In Dec/17, the outstanding balance that had some kind of collateral was 63%. The total value of the total exposure to agribusiness (sugar and ethanol, food and agriculture) accounted for 38.46% of the loan portfolio.

13 Quality Ratios Loans and Guarantees Issued Portfolio Allowances for loan losses Loans rated D and E-H 3.6% 5.1% 3.0% 2.4% 2.9% 2.9% 3.8% 2.6% 2.6% Dec/15 Dec/16 Dec/17 Dec/15 Dec/16 Dec/17 Loans from (E to H) Loans from (D to H)

14 Risk Management: Collateralization Brazil: Total Credit Collateralization* * Dec/17 40% 60% Corporate Large Corporate Collateralized Clean 29% 28% 71% 72% Collateralized Clean Collateralized Clean

15 Clients Base Corporate Large Corporate Dec/15 Dec/16 Dec/17 Dec/15 Dec/16 Dec/ Total Number of Clients (Units) , , 9.000, 10,863 12,717 15,698 Average Ticket (R$ Million) , , , 24,563 26,712 39, Average Term 1.000, (Days) 0

16 Exposure by Group R$ Million Total Credit Portfolio 3,397, % Top 100 debtors 2,914,920 86% Top 50 debtors 2,133,335 63% Top 20 debtors 1,287,098 38% Top 10 debtors Top debtor 816, ,678 4% 24%

18 Total Funding Funding by Type of Investor R$ Million 2, , , , ,377 1,378 1,487 1, Total Funding Funding Sources (R$ Million) Dec/15 Dec/16 Dec/17 Institutional Investors 56% 50% 40% Wealth Management 31% 37% 34% BoCom 0% 9% 19% Others 13% 4% 7% TOTAL 100% 100% 100% Dec/15 Dec/16 Dec/17 Institutional Investors Wealt Management BoCom Others

19 Funding and Asset Liability Management Funding Sources Maturity Profile 1 Loan and Guarantees Issued Portfolio vs. Funding 2 (Days) 16% 12% 6% % 40% 59% % 10% 18% 36% 11% 24% Dec/15 Dec/16 Dec/17 Multilateral Agencies Banknotes, Agribusiness & Real Estate Credit Bills Trade Finance/Loans Deposits, Structured Operations Certificates and Others Dec/15 Dec/16 Dec/17 Loans and Guarantees Issued Portfolio Funding 1) Average term of issuance. 2) Not considering demand deposits.

21 Wealth Management Assets under Advisory R$ Billion Financial advisory to high net-worth clients R$ 5.5 billion under advisory, grounded on: 5.5 More than 150 years of experience in the Brazilian market with a high expertise in risk management; Products diversification (open platform); Transparency Dec/15 Dec/16 Dec/17

23 Financial Services Service Revenues % of the Total Revenues* 17.45% Structuring: Issuances Total Amount Total Amount 8.87% 10.54% Dec/15 Dec/16 Dec/17 31, ,5 114 Dec/15 Dec/16 Dec/17 Coordinated by BOCOM BBM Other banks * Gross Financial Income before Allowance for Doubtful Accounts + Service Revenue + Result of Equity Pickup.

25 Bank of Communications Financial Highlights Financial Highlights (USD Million) Dec/15 Dec/16 Dec/17 Total Assets 1,101,910 1,211,354 1,383,223 BoCom Ownership (Top Shareholders) Return on Average Assets Shareholders' Equity ¹ 1.00% 82, % 90, % 102,712 30% 27% Return on Average Equity² 13.43% 12.18% 11.44% Net Profit¹ Loan Portfolio 10, ,181 9, ,460 10, ,090 4% 19% 20% Bad Debt Ratio 1.51% 1.52% Provision Coverage of Impaired Loans % % Capital Adequacy Ratio (Core Tier 1) 11.14% 11.00% ¹ Attributable to shareholders of the bank ² Excluding the impact from preference shares. Exchange rate on Dec / 15: (State Administration of Foreign Exchange China); Exchange rate on Dec / 16: (State Administration of Foreign Exchange China); Exchange rate on Dec / 17: (State Administration of Foreign Exchange China). 1.50% % 10.79% Ministry of Finance (State) HKSCC Nominees Ltd (Foreign Legal Person)¹ HSBC (Foreign Legal Person) SSF (State)² Others ¹ Hong Kong Securities Clearing Company Limited. ² National Council for Social Security Fund. Moody s Investors Service A3 P-2 Long Term* Short Term* * Foreign currency deposit. S&P A- A2 Long Term* Short Term* Fitch A F1 Long Term* Short Term*

26 Bank of Communications Global Presence Bank of Communications is one of the People s Republic of China's top five commercial banks. With more than 3,000 domestic branches, it operates in more than ten countries including the United States, Japan, Singapore, South Korea, Germany, Australia, Canada, Luxembourg and the United Kingdom. China is Brazil s largest trade partner, and the joint venture between BOCOM and BBM heralds the advent of a new stage of growth in this relationship. In the context of this growing cooperation between the two countries, Banco BOCOM BBM has enormous potential to boost business and capital growth, adding value for all stakeholders and driving economic development.

27 This presentation was prepared by Banco BOCOM BBM. The information contained herein should not be interpreted as investment advice or recommendation. Although the information contained herein was prepared with utmost care and diligence, in order to reflect the data at the time in which they were collected, Banco BOCOM BBM cannot guarantee the accuracy thereof. Banco BOCOM BBM cannot be held responsible for any loss directly or indirectly derived from the use of this presentation or its contents. This report cannot be reproduced, distributed or published by the recipient or used for any purpose whatsoever without the prior written consent of Banco BOCOM BBM. This presentation was developed using Conglomerado Prudencial s values (4060). ADDRESSES Rio de Janeiro, RJ Praça Pio X, 98 5º, 6º, 7º e 12th floors Zip Code Tel.: +55 (21) Fax: +55 (21) Salvador, BA Rua Miguel Calmon, 398 2nd floor - parte Zip Code Tel.: +55 (71) (71) Fax: +55 (71) São Paulo, SP Av. Brigadeiro Faria Lima, th floor Zip Code Tel.: +55 (11) (11) Fax: +55 (11) Nassau, Bahamas Shirley House Shirley House Street, 50, 2nd floor P.O. N-7507 Tel.: (1) (242) Fax: (1) (242) Ombudsman Phone.: Fax: ouvidoria@bocombbm.com.br

CONTENTS WHO WE ARE 3 FINANCIAL HIGHLIGHTS 4 MESSAGE FROM MANAGEMENT 6 HISTORY 9 ECONOMIC ENVIRONMENT 10 OUR BUSINESS 16

CONTENTS WHO WE ARE 3 FINANCIAL HIGHLIGHTS 4 MESSAGE FROM MANAGEMENT 6 HISTORY 9 1 ECONOMIC ENVIRONMENT 10 2 OUR BUSINESS 16 3 FUNDING AND INSTITUTIONAL RELATIONS 26 4 RISK MANAGEMENT 30 5 CORPORATE GOVERNANCE