Banese | Notice to Shareholders





We hereby inform shareholders that the Board of Directors of BANESE approved on February 21, 2022 – subject to approval at the 2022 Annual Shareholder’s Meeting – the proposal of the Company’s Executive Board for payment of Interest on Equity (IOE) for the second half of 2021 attributed to the mandatory minimum dividends, in the amount of sixteen million reais (R$16,000,000.00), as provided for in articles 17 and 44 of Banese’s Bylaws, and paragraph 7 of article 9 of Law 9,249/1995.

Interest on Equity will be individually paid on March 22, 2021, as follows:

  1. Banese account holders will have their credits available on the payment date, according to the bank details provided to Banese;
  2. Shareholders who do not hold a Banese account will receive Interest on Equity at any branch of the Banese network upon presentation of identification document and Individual Taxpayer’s Number or Corporate Taxpayer’s Number.
  3. Shareholders from other states will receive their credits via credit transfer document (DOC) or express wire transfer (TED), according to registration data;
  4. Interest related to shares held in custody on B3 S.A. shall be paid to B3 S.A., which will transfer them to shareholders through the depositing Brokers;
  5. Shareholders whose registration data are not up-to-date or do not include the individual/corporate taxpayer’s ID or indication of the bank/branch and account number, the interest will be paid through credit advice as soon as the interested parties update their registration data, in person, in one of the branches, with a copy of the identity card and proof of address, and, in the case of a legal entity, a copy of the Articles of Incorporation.

The payment of interest on equity for the second half of 2021 will total a gross amount of R$0.996925451 per share for registered common shares and R$1.096617996 per share for registered preferred shares, with 15% income tax withholding, except for shareholders proven to be immune or exempt, resulting in a net interest of R$0.847386633 per share for registered common shares, and R$0.932125296 for registered preferred shares, based on the shareholding position of February 24, 2022, with the shares, after February 25, 2022, being traded ex-interest on equity on the stock market, attributed to the amounts to be paid to the mandatory minimum dividends.

Aracaju, February 21, 2022.

Aléssio de Oliveira Rezende

Chief Financial, Control and Investor Relations Officer