Banese | Material Fact

MATERIAL FACT

Undue Disclosure – Preliminary Notice of Loan Transactions for the fiscal year 2021

Banco do Estado de Sergipe S.A. (“BANESE” or “Company”), pursuant to paragraph 4 of article 157 of Law 6,404/1976 (Brazilian Corporate Law) and the regulation of the Brazilian Securities and Exchange Commission (“CVM”), especially CVM Instructions 358/2002 and 480/2009, hereby informs its shareholders and the market in general that, today, around 4 p.m., the attached press release containing unaudited preliminary data about the amount of loan transactions carried out in the fiscal year ended December 2021, and partial and incomplete information about the breakdown of the credit lines, has been unduly disclosed. Said information is preliminary, as the Company is still going through the accounting closing procedures related to the fiscal year, and no independent audit report has been issued yet.

As soon as Banese’s Management identified the mistake in the governance process of the communications department, it took all the necessary measures to communicate with the professionals who produced and disclosed the press release, and carried out administrative processes to investigate those in charge of the mistake, ensuring full compliance with the Company’s Policy on Disclosure of Material Acts and Facts and Securities Trading, and the Spokesperson Policy.

Aracaju (SE), February 1st, 2022.

Alessio de Oliveira Rezende

Chief Financial, Control and Investor Relations Officer