Banco Santander Brasil 2026 Annual Shareholders Meeting Results

Banco Santander (Brasil) S.A. held its Ordinary General Meeting on April 29, 2026, with 95.57% of voting capital represented. Shareholders approved three key resolutions: (1) Approval of the 2025 financial statements, management accounts, and related reports with overwhelming support (3.64 billion favorable votes); (2) Allocation of 2025 net profit of R$15.46 billion, including 5% to legal reserves, R$7.62 billion distributed as interest on equity to shareholders, and the remainder to dividend equalization reserves; (3) Establishment of annual compensation limits for management (up to R$600 million) and the Audit Committee (up to R$4 million) for the 2026 fiscal year. The meeting also waived document readings as materials were previously made available to shareholders through regulatory channels.