Over the year we undertook actions to improve the governance framework and practices, among which the revision of the BB Report on the Corporate Governance Code stands out; the revision of the General Policies of Institutional Scope, Marketing Guidelines, Operational Guidelines and Human Management, and the Specific Related-Party Transaction Policy; and amendments to the Bylaws, among which we highlight: • the provision that the management of third- party asset may also be carried out directly by the Bank; • the increase in capital driven by the premium bonds of part of the Bank’s Operating Margin Reserve and the merger of Bescval, through the transfer of shareholders’ equity into Banco do Brasil; • the possibility of taking out additional coverage for D&O insurance and including the provision for entering into an Indemnity Agreement; • the adequacy of composition of effective members of the Human, Remuneration and Eligibility Committee and the Technology, Strategy and Innovation Committee; • the inclusion of the provision that acting Officers requesting retirement under the Pension Plan of Banco do Brasil’s Employees (Previ) are entitled to be elected as Executive Officer ; and • Evidencing the procedures to be adopted when conflicts of interest are identified at meetings of the Board of Directors, Board of Officers (CD), Executive officers Board and Supervisory Board.