BANCO SANTANDER (BRASIL) S.A.

Public Company with Authorized Capital

Corporate Taxpayer´s Registry No. 90.400.888/0001-42

Company Registry No. 35.300.332.067

Minutes of the Board of Directors Meeting held on April 27, 2021

DATE, TIME AND PLACE: On April 27, 2021, at 3 p.m., by conference call, the Board of Directors of Banco Santander (Brasil) S.A. ("Company" or "Santander") have met, with the attendance of all of its members.

CALL NOTICE AND ATTENDANCE: The call was waived in view of the attendance of all members of the Board of Directors.

MEETING BOARD: Álvaro Antônio Cardoso de Souza, Chairman. Daniel Pareto, Secretary.

AGENDA: To approve the proposal for declaration and payment of Interest on Equity, pursuant to the Company's Executive Board proposal.

RESOLUTIONS: The proposal of the Company's Board of Executive Officers was presented to the Board of Directors, as per the meeting held on this date, ad referendum of the Annual Shareholders' Meeting to be held until April 30, 2022, for the declaration and payment of: (I) Interim Dividends, pursuant to the Article 37, item II, of the Company's Bylaws, corresponding to R$2,800,000,000.00 (two billion and eight hundred million reais) calculated based on the balance sheet of March 31, 2021; and (II) Interim Dividends, pursuant to the Article 37, item III, of the Company's Bylaws, corresponding to R$ 200,000,000.00 (two hundred million reais) from the Dividend Equalization Reserve of the Company based on the balance sheet of December 31, 2020, for a total amount of Dividends of R$ 3,000,000,000.00 (three billion reais), corresponding to R$ 0.382980827307300000 per common share, R$ 0.421278910033900000 per preferred share and R$ 0.804259737341200000 per Unit.

The matter was discussed and approved by all the attending Directors.

It remained formalized that (i) the shareholders registered on the Company's books by the end of May 7th, 2021 (including) will be entitled to the Interim Dividends hereby approved. Therefore, as of May 10th, 2021 (including), the Company's shares shall be traded "Ex- Dividends"; (ii) the Interim Dividends approved (a) shall be fully considered within the amount of the mandatory dividends to be distributed by the Company for the year 2021; and

  1. shall be paid on June 2nd, 2021, with no compensation of monetary restatement; (iii) the amount of Interim Dividends proposed in the base-year fits the limits settled in the tax legislation; (iv) the Board of Directors authorized the Executive Board to take the actions

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[Free English Translation]

necessary for the release of the proper "Notice to Shareholders", to disclose to market the resolution just taken; and (v) the support documents of the mentioned declaration and payment of Interim Dividends shall be kept filed at the Company's headquarters.

ADJOURNMENT: There being no further matters to be resolved, the Meeting was finalized, and these minutes have been prepared, which were read, approved, and signed by all the attendees. Board: Álvaro Antônio Cardoso de Souza, President. Daniel Pareto, Secretary. Signatures: Mr. Álvaro Antônio Cardoso de Souza - Chairman; Mr. Sergio Agapito Lires Rial

  • Vice President; Deborah Patricia Wright, Deborah Stern Vieitas, José Antonio Alvarez Alvarez, José de Paiva Ferreira, José Maria Nus Badía, Marília Artimonte Rocca and Pedro Augusto de Melo - Directors. São Paulo, April 27, 2021.

I certify that this is a true transcript of the minutes recorded in the Minutes of the Board of

Directors Meetings Book of the Company.

Daniel Pareto

Secretary

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Banco Santander (Brasil) SA published this content on 27 April 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 April 2021 01:00:01 UTC.