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Material Fact - Interest on Equity 4Q20

Material Fact

Interest on Equity 4Q20

Banrisul S.A., in accordance with Law No 6404, of December 15, 1976 and the regulation set forth by the Brazilian Securities and Exchange Commission ("CVM"), specially the CVM Instruction No 358, of January 3, 2002, informs its shareholders of the payment of interest on equity, respecting the minimum required dividend disposed on Article 81 of Company ByLaws, and in accordance to disposal on CMN Resolution No 4820, of May 29, 2020, updated by CMN Resolution No 4885, of December 23, 2020.

Therefore, informs its shareholders that, in accordance with the Interest on Equity and Dividend Payment Policy, the payment of interest on equity was approved in the meeting of the Board of Directors held on December 24, 2020, in the amount of R$32,000,000.00 (thirty two million reais), with the amount per class/type of share being R$0.07824449 for ON shares, R$0.07824449 for PNA shares and R$0.07824449 for PNB shares. This payment, along with the payments object of the Material Facts of December 07, 2020 and December 22, 2020, refers to the 4th Quarter of 2020.

Shareholders registered in the Company‘s records on December 30, 2020 (date of declaration) will benefit, and the shares will be traded "ex-right" as of January 4, 2020.

The payment will occur on January 20, 2021 at the net amount of R$0.06650782 per ON shares, R$0.06650782 per PNA shares and R$0.06650782 per PNB shares, after the 15% (fifteen per cent) income tax withholding, except for shareholders legal persons exempt from said taxation and that prove their status as immune or exempt until January 06, 2021, being then entitled to receiving the declared amount.

The payment to the shareholders will occur as follows:

As stated in article 84 of the Company‘s Bylaws, in article 9 of Law No. 9,249/95 and of the Instruction No. 683/12 of the Brazilian Securities and Exchange Commission (Comissão de Valores Mobiliários - CVM), the net amount of Interest on Equity will be credited to the dividend referring to fiscal year 2018.

Pursuant to the pertinent legislation, Law No. 6404 - article 287, unclaimed interest on equity payments expires in three years, as from the date they were made available to the shareholder.

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Porto Alegre, December 24, 2020.

Marcus Vinícius Feijó Staffen
Chief Financial and Investor Relations Officer


Contact IR

Phone: +55 51 3215-3232
E-mail: ri@banrisul.com.br

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