Investor RELATIONS In stitu tion al Presentation Histori Historic - - PowerPoint PPT Presentation

Investor

RELATIONS

2Q19

In stitu tion al Presentation

2

IPO Beginning of activities in Brazil through Daycoval DTVM Begin building comercial banking portfolio

• Creation of the

Daycoval Asset Management

• Beginning of payroll-

deduction activities Beginning of auto loan activities Inauguration of Daycoval’s 1st branch Upgrade to BBB- by Fitch Upgrade to Bovespa’s Level 2 of Corporate Governance Second issuance of Local Bonds Issuance of USD 300mn in Eurobonds Issuance of USD 225mn in Eurobonds Issuance of USD500mn in bonds 4th Issuance of Local Bonds (Letras Financeiras) of R$ 350mn Acquisition of Banco CIT Brasil Public offer for the acquisition of Shares and delisting from Level 2 Syndicated loan (A/B Loan)

• f approximately US$ 200

million

1952 1968 1989 1994 2004 2006 2007 2008 2010 2011 2013 2014 2015

Public Tender Offer was successfully concluded 5th Issuance of Local Bonds Syndicated loan (A/B Loan)

• f US$ 275

million New Independent Member of the Board and new Officers 1st Trainee Program

2017 2016 2009

Issuance of BRL410mn in convertible bonds

2018

• 6th Issuance of Local

Bonds

2019

Daycoval 50th Anniversary 7th Issuance of Local Bonds Maison Bancaire is founded by Salim Dayan in Lebanon Upgrade to Baa3 by Moody’s Issuance of USD 300mn in Eurobonds Daycoval is the first bank to issue public Local Bonds

Histori Historic Develop elopmen ments ts – Ban anco co Day ayco coval val

Client Relations Technology

Client journey improvements through investments based on various technologies.

Artificial Inteligence Blockchain APIs Big Data

Vir irtual tual As Assis istant tant | Da Dayane ane

• Daycoval Customer Service Chat;
• Use of Cognitive System x Artificial

Intelligence, resulting in the creation

• f

Dayane: Virtual Assistant, connecting it with corporate Whatsapp, which will greatly facilitate

• ur

clients' access to queries, transactions, investment information, account

• pening,

foreign currency quotes and vehicle financing.

Innovation Regulatory Environment Quality Management

• Analysis and monitoring of all Bank

service channels ;

• Internal process improvements at all

stages of a product's life cycle.

• Central Bank Service and Internal Audit;
• Implementation of Febraban Self-Regulation Indicators;
• Client Relations and Data Processing policy training.
• Implementation of new IVR (voice channels);
• Service Design and Target Audience for New Products;
• Creation and Development of BOT Service for all products;
• Management and Improvements for Institutional Service Channels

Improved Corporate Service through the creation of the Client Relations Department (2017). Activities based on three main pillars:

Ombuds mbudsman man

Channel of last resort communication and conflict mediation, has the client as the focal point of its activities.

• Central Bank of Brazil;
• Procon;
• Consumer and Complaint Platforms;

(Reclame Aqui)

• Public Ombudsman's Offices (Payroll Loan);
• INSS and Ministry of Planning (SIGEPE)

Platforms.

Channels serv rved

In addition to the institutional channels, is responsible for issues received through the following bodies: 3

Client Experience

Banco Daycoval received the RA 1000 seal, awarded to companies with a “very good” reputation and high customer satisfaction level.

+ 14 thousand interactions in all service channels (month of July/2019)

4

Recent initiatives Daycoval Blog FGV Room Partnership with MASP “Circuito das Estações” Running

• Sponsorship of the

Getúlio Vargas Foundation room.

• Product News
• Content

about Currency, Investment and the Economy

• Financial Education
• Comments,

perspectives and tips from the Bank's Managers themselves.

• Daycoval

seeks to share with its employees practices that encourage culture, supporting the São Paulo Art Museum (MASP).

• Participation
• f

more than 400 Daycoval Group employees, family members and guests.

• The Bank strives to value the well-

being of its employees through benefits that provide a higher quality of life.

Attraction and Selection Trainee Program (2017/18)

Recruitment enabling career changes internally. Trainee Program 5.0

(2018) Annual Performance Evaluation Training and Education Daycoeduca Program

Offers undergraduate, Postgraduate or MBA scholarships.

Training

In the fields of IT, money laundering prevention, sustainability, custody, certifications and risk management.

Educational Lectures

Nutrition, Billing, Physical Activity, Client Service Macroeconomic Scenario, Teamwork, non-violent Communication and Mindfulness.

GPTW

Voted one of the Best Companies to work for in 2018.

Wellness and Quality of Life

Benefits beyond the Collective Bargaining Agreement:

Support Program

For employees and dependents, in social, psychological, legal, financial, social security and chemical dependence issues, with total confidentiality guaranteed. Labor gymnastics Free Music Lessons (Musicantes Project) Running sponsorship

Employees 2,169

(June/2019)

51% 49% 25,000+ hours

• f training

(last 12 months)

Human Resources

5

Sasson Dayan Chairman Salim Dayan Morris Dayan Member Rony Dayan Member Gustavo Franco Independent Member Sergio Clemente Independent Member 3 Member 6

Cor

• rpo

porate te Go Gover erna nanc nce

Professional management team

Board of Directors Board of Executive Officers Ownership Structure

Name / / Titl tle Years at at Day Dayco coval Carlos Mo Moch che Day Dayan, Executive Officer

• Mo

Morris Da Dayan, Executive Officer

• Salim Day

Dayan, Executive Officer

• Al

Albert t Rou Rouben, Operations Officer 26 Al Alexandre Rhe Rhein, IT Officer 13 Al Alexandre Teixeira, Vehicles Officer 13 Claudinei Ap Aparecido Pe Pedro, Commercial Officer 19 Edu Eduardo Campos, Foreign Exchange Officer 10 El Elie Ja Jacq cques Miz Mizrahi, Commercial Officer 16 Erick Erick W.

• W. de

de Carvalho, Capital Market Services Officer 1 Ma Maria Re Regi gina R. R.M. Nogu gueira, Controller 29 Nilo Cavarza zan, Payroll Loans Officer 15 Pa Paulo Au Augu gusto Saba, Treasury and Markets Officer 4 Ri Rica cardo Gelbaum, IR and Institutional Officer 7 Family ownership ensuring a long-term view

Controlling Shareholders 230,820,429 Total Commom Shares

100%

7

Ba Basel sel Ra Ratio io

16.0 16.0% % in 2Q19 +0.2 +0.2 p.p .p.

15.8% 15.8% 15.0% 15.0% 14.7% 14.7% 16 16.0% .0% 16 16.0% .0% 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19

Exp Expanded Loan Loan Portfoli lio

R$ $ 21.6 21.6 billion in 2Q19 +35.7% +35.7%

16.0 16.0 17.5 17.5 19.7 19.7 19.9 19.9 21.6 21.6 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19

NPLs PLs (90 90 days) ys)

1.7 1.7% in 2Q19

• 1,5

1,5 p.p .p

3.2% 3.2% 2.8% 2.8% 2.4 2.4% 1.6% 1.6% 1.7% 1.7% 2Q18 2Q18 3Q18 3Q18 4Q18 4Q18 1Q19 1Q19 2Q19 2Q19

Financial Highlights

2Q19 and 1H19

126.3 126.3 19 194.2 4.2 159.9 159.9 215.6 215.6 163.1 163.1 291.7 291.7 378.7 378.7 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19 1H 1H18 18 1H 1H19 19

Net In Income me

R$ $ 378.7 378.7 mi

million in 1H19 +29.8%

+29.8%

15.7% 15.7% 23.6% 23.6% 19.6% 19.6% 25.7% 25.7% 18.5% 18.5% 18.7% 18.7% 22.0% 22.0% 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19 1H 1H18 18 1H 1H19 19

ROAE AE

22.0% 22.0% in 1H19 +3.3 +3.3 p.p .p.

13.8% 12.9% 13.2% 13.1% 12.9% 13.5% 12.9%

2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19 1H 1H18 18 1H 1H19 19

NIM IM - AR AR

12.9% 12.9% in 1H19 -0.6 0.6 p.p .p.

LLP/E P/E-H Portfoli lio

104.9% 104.9% in 2Q19

• 0.3

0.3 p.p .p

105.2% 105.2% 107.9% 107.9% 104.5% 104.5% 11 110.8 0.8% 10 104.9 4.9% 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19

13,860 13,860 14,078 14,078 16,033 16,033 15,654 15,654 15,954 15,954 17,548 17,548 19,711 19,711 19,907 19,907 21,645 21,645 2Q 2Q17 17 3Q 3Q17 17 4Q 4Q17 17 1Q 1Q18 18 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19

Expanded Loan Portfolio

8

68.4% 68.4% 27.2% 27.2% 4.2% 4.2% 0.2% 0.2% Companies Companies Payr ayroll

• ll Loans

Loans Auto uto Loans Loans Other Others

Loan Portfolio Breakdown

2nd quarter of 2019

R$ million 2Q19 1Q19

• Chg. %

3 months 2Q18

• Chg. %

12 months Companies 8,649.6 8,070.0 7.2% 6,939.5 24.6% Receivables Purchase 3,316.9 2,911.9 13.9% 1,809.1 83.3% Leasing 967.8 858.3 12.8% 670.5 44.3% Avals and Sureties 1,872.8 1,554.4 20.5% 904.6 107.0% Total Expanded Companies 14,807.1 13,394.6 10.5% 10,323.7 43.4% Payroll Loans 5,422.4 5,217.7 3.9% 4,616.6 17.5% Payroll Card 455.0 420.7 8.2% 349.3 30.3% Total Payroll Loans 5,877.4 5,638.4 4.2% 4,965.9 18.4% Total Auto Loans + Others 907.4 821.1 10.5% 621.7 46.0% Property Guaranteed Credit 53.4 52.6 1.5% 43.0 24.2%

Total Expanded Loan Portfolio 21,645.3 19,906.7 8.7% 15,954.3 35.7%

R$ Million

Expanded Loan Portfolio Distribution

50% 50% 32% 32% 16% 16% 2% 2% Up to 3 months 3 to 12 months 1 to 3 years 3 to 5 years

Maturity of 50%

• ver the next

90 days

Outstanding Operation - %

Companies Portfolio

46% 46% 22% 22% 13% 13% 11% 11% Working ing Ca Capit ital/ / Guaranteed Ac Account Receiv ivables les Pur Purchase se Avals vals and and Sur Sureties ies Trade Fina inance 6% 6% Leasi sing 2% 2% BNDES BNDES By Product (%)

9

69% 69% 12% 12% 7% 7% 6% 6% 2% 2%1% 1% 3% 3%

Receivables Real State Equipments/Foreign Goods Financial Investments Vehicles Agricultural Products Others

10,324 11,857 13,622 13,395 14,807 2Q18 3Q18 4Q18 1Q19 2Q19

R$ Million +10.5% +43.4%

Co Coll llateral - %

Loan Portfolio Distribution X GDP

National Presence

GDP*

55% 16%

Mid-West + North

Southeast

17.0% of GDP 53.2% of GDP 14.3% of GDP

Northeast

14%

South

15%

15.5% of GDP

*Source: GDP by Geoghaphical Region IBGE (2016)

Loan Portfolio

1.8% 6.4% 9.0% 14.1% 18.8%

Largest Debtor 10 largest 20 largest 50 largest 100 largest

Credit Concentration

Concentration by Sector 2Q19 1Q19 Industry 45.0% 46.4% Service 28.7% 26.2% Commerce 20.2% 21.5% 10 Largest Sectors(*) Poultry Industry 3.1% 3.0% Road Freight Transportation 2.3% 2.8% Oil Industry 2.5% 2.5% Real State Development 2.0% 2.0% Electricity Generation 1.7% 0,8% Malt Industry 1.7% 1.9% Holding 1.6% 1.9% Auto Parts and Accessories Industry 1.5% 1.5% Food and Cereal Wholesaler 1.5% 0.8% Sugar and Alcohol Plant 1.3% 1.6%

10 10

Companies Portfolio

* % over the total of the companies portfolio

27.8% 24.4% 21.9% 13.6% 8.7% 3.6%

INSS State Government Army Municipalities Government/SIAPE Others

41.1% 21.5% 13.8% 11.3% 9.8% 2.5%

Army INSS Municipalities Government/SIAPE State Government Others

11 11

Brea reakdown Pa Payroll roll Loan Loan - % % Po Portfo rtfolio Ori riginati tion – R$ mn mn Bre reakdown Loan Loan Ori riginati tion - % %

Payroll Loans

Tot Total volume al volume

• r
• riginat

iginated ed of

• f

R$ 1.3 $ 1.3 billion billion in in the he quar quarter er Army my Pr Product

• duction

ion reached eached 41.1% 41.1% Por Portfolio folio Dur urat ation ion 17 17 mont months hs Average verage Ticket Ticket R$ 6,000 $ 6,000 Aver verag age Int nter erest est Rat ate e (year year) ) 26.5% 26.5% Payr Payroll

• ll Car

ard R$ 455.0 $ 455.0 million million

Total Portfolio 4,966 4,985 5,271 5,638 5,887 2Q18 3Q18 4Q18 1Q19 2Q19

R$ Million

+4.2% +18.4%

Highlights | 2Q19

523 521 708 725 689 329 373 431 473 606 852 894 1,139 1,198 1,295 2Q18 3Q18 4Q18 1Q19 2Q19 Net Origination Refin. Total

Stat ate Governmen

• vernment

pr product

• duction

ion reached eached 11.3%% 11.3%% Number umber of

• f

cont contract acts s in t in the he por portfolio folio 1,0 1,071 71.00 .000 38 38 own

• wn st

stor

• res

es – IFP FP 13.6% share 13.6% share of

• f

sales sales in t in the quar he quarter er Refina efinancing ncing Origi igina nation ion (Refin efin) ) 47% 47% Number umber of

• f

act active ive client clients 669,000 669,000

622 661 767 821 907 2Q18 3Q18 4Q18 1Q19 2Q19

15% 15% 35% 35% 46% 46% 4% 4% Up to 3 months 3 to 12 months 1 to 3 years 3 to 5 years Maturity of 96%

• ver the next 3

years

131 Pr 131 Promot

• moter

ers s

12 12

45 45 42 42 45 45 53 53 67 67 79 79 94 94 91 91 103 03 113 13 117 17 135 35 172 72 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19

Origination of Auto Loan Portfolio – R$ mn Outstanding Operation (%)

Auto Loans

Originat igination ion Volume

• lume

R$ 171.8 $ 171.8 million million in in the he quar quarter er Number umber of

• f

cont contract acts 105,700 105,700 Average verage ticket icket R$ 7,600 $ 7,600 Por Portfolio folio Dur urat ation ion 15 15 mont months hs Average verage Int Inter erest est Rat ate e (year year) ) 37.8% 37.8% Focus Focus on

• n the

he Sout Southeast heast of

• f

Braz azil il

Auto Loan Portfolio

+10.5% +46.0% R$ Million

Highlights | 2Q19

Management Management of

• f 52

52 fun funds ds 33 33 Multimar Multimarket ket Funds Funds, , sev seven en Fixed Fixed Inc Income

• me

Funds Funds, , one

• ne St

Stock

• ck Funds

Funds, , five five FID FIDCs, , one

• ne

Real eal Est Estat ate Fund Fund, four , four H Holding

• lding Funds

Funds and and

• ne
• ne Managed

Managed Por Portfolio folio. Gross

• ss Revenue

evenue though hough the he management management of

• f inves

investment ment fun funds ds R$ $ 3.5 3.5 mn mn in 2Q in 2Q19 19 and and R$ 7.4 $ 7.4 mn mn in in 1H 1H19 19 Thir hird-pa party manageme management nt and and custodian custodianship ship services services R$ $ 2.7 2.7 billion billion

Asse Asset Manageme ment

Ass sset ets under under Management Management R$ $ 4.9 4.9 billion billion in 2Q in 2Q19 19

Long-term relationships

Investment Fund management developed according to each client’s profile and supported by:

Strong control of risk based on capital preservation Multidiscilinary team Management agility and

• bjectivity

The highlight was the Daycoval Classic FI RF Private Credit fund, which reached R$ 1.4 billion in 2Q19. Launch of Daycoval ANS Fund for specialized health insurers, medical and dental cooperatives, self-management, philanthropies, private health care plans, group dentistry and benefits administrators duly registered with and authorized by the National Supplementary Health Agency (“ANS”). Daycoval Classic turns 10

Focus s on

• n Cli

Client´s profil file and and needs needs High ighli lights 2,842 3,486 4,218 4,376 4,861 2Q18 3Q18 4Q18 1Q19 2Q19

+11.1% +71.0% R$ Million

13 13

VI VISA A TRAV RAVEL MON MONEY MA MASTERCARD MUL MULTI CURRENCY Y CASHPASSPOR ORT

Ca Cards in in Foreign ign Cu Currency Travel Money y Ca Cards

14 14

Foreign ign Cu Currency

64.0% 30.0% 3.3% 2.5%0.2%

Cash Remittance Moneygram Cards Check

Number of Operations 207,000 in 2Q19 and 377,000 in 1H19. Transaction turnover R$ 964.9 million in 2Q19 and R$ 1,497.6 million in 1H19. Service Network 187 187 store tores: : of which 84 84 own

• wn

points ts, 113 corr rrespondents ts and and 579 active operators. In 1H19, 64% of the transactions

• riginated in our own stores and

36% through the correspondents.

Br Breakdown by by Pr Product - % High ighli lights | 2Q19 | 2Q19

At Daycoval Câmbio you can find the main foreign currencies in circulation in the world. Cards available at the followings currencies: American Dollar| Canadian Dollar | Australian Dollar New and Pound | Zealand Dollar | Euro

15 15

Internet Banking | App Dayconnect

Through the App and Internet Banking it is possible to: ► Consult balances, statements. ► Conduct financial transactions. ► Make schedules and pay bills. ► Transfers via DOC and TED. ► Issuance of payment slips. ► Contract loans.

Online Investment Platform

Wide Product Range LCI, LCA, Local Bonds, CDB, Funds and Automatic Credit. Daycoval Automatic Credit Approved credit limit for those with Fixed Income investments in DaycovalInveste. Automatic Application For Investe customers, with 100% return on CDI and daily liquidity. Portfolio Diversification In addition to products issued by the Bank, we also offer products from other financial institutions. Consulting and Service Direct Channel with investment specialists in addition to phone and email, through WhatsApp and Dayane (Virtual Assistant).

Mobile and Internet Banking Systems for Individuals and Companies New apps for Credit Card and Payroll Card.

Fun unding (R$ R$ mn mn) 2Q1 Q19 1Q1 Q19

• Chg. %

3 months

2Q1 Q18

• Chg. %

12 months

De Deposits 6, 6,861.4 5, 5,627.2 21 21.9% 4, 4,755.4 44 44.3% Letters of Credit - LCI* + LCA** 1,687.9 1,662.5 1.5% 1,233.2 36.9% Tota

• tal De

Deposits + + LCI CI + + LCA CA 8,549.3 7,289.7 17.3% 5,988.6 42.8% Loca

• cal Bon
• nds (Letr

tras Financeiras) 10,049.0 9,851.5 2.0% 6,753.9 23.8% Private Offerings 7,465.3 7,279.1 2.6% 5,773.2 29.3% Public Offerings 2,583.7 2,572.4 0.4% 980.7 163.5% Sub ubordinated Loca

• cal Bonds (Letr

Letras as Fina nanceiras as Subo bordi dina nada das) s)

152.9 150.1 1.9% 10.3 n. n.a. Bor

• rrowing and

nd Onle nlending 1,709.0 1,694.0 0.9% 2,538.0

• 32.7%

Foreign borrowings 1,402.4 1,349.8 3.9% 2,105.0

• 33.4%

Domestic onlendings 306.6 344.2

• 10.9%

433.0

• 29.2%

Bon

• nds
• n.

n.a. 1,906.1

• Tota
• tal

20,460.2 18,985.3 7.8% 17,196.9 19.0% 16 16

Funding

49.9% 49.9% 41.8% 41.8% 8.3% 8.3%

Local Local Bonds Bonds Total

• tal Depos

Deposits its + + LCI CI + + LCA CA Bo Borrowing ings and and Onlendings nlendings

Breakdown

2nd quarter of 2019

Funding evolution

R$ million 15,753 15,753 14,908 14,908 15,718 15,718 15,692 15,692 17,197 17,197 17,302 17,302 18,731 18,731 18,985 18,985 20,460 20,460 2Q 2Q17 17 3Q 3Q17 17 4Q 4Q17 17 1Q 1Q18 18 2Q 2Q18 18 3Q 3Q18 18 4Q 4Q18 18 1Q 1Q19 19 2Q 2Q19 19 Standard d & Poor

• rs3

Fitch ch Ra Ratings gs2 Mood

• dy´s1

RI RISKbank4 Na Nation

• nal Scal

cale Gl Global Scal cale Long ng Term erm BB- B brAA+ brA-1+ BB- B Ba2

• AA(bra)

F1+(bra) Aa2.br BR-1 Pers erspec ective ve Stable Stable Stable

Date : 1 - Aug/19, 2 - July/19, 3 – Mar/19, 4 – Sep/19.

Sho hort Term erm Long ng Term erm Shor hort Term erm BRM RMP P 1 Low Ri Risk for

• r Shor

hort Term erm (up up to to 2 2 yea ears) ) – Very ery safe

Risk Rating Agencies

*LCI = Mortgage Letters of Credit, ** LCA = Agribusiness Letters of Credit

23.8% 24.6% 42.9% 7.6% 6% 1.1% 1% Up to 3 months 3-12 months 1-3 years 3-5 years Over 5 years 38.3% 28.7% 22.6% 7.6% 6% 2.8% 8% Up to 3 months 3-12 months 1-3 years 3-5 years Over 5 years

17 17

Maturity of 67% over the next 12 months Maturity of 48%

• ver the next 12

months

Fu Fund nding ng Ave Average term m to Mat atur urity y (1

days ys

Total Deposits 174 Interbank Deposits 60 Local Bonds (letras financeiras) 672 LCA (Letter of Credit Agribusiness) 164 LCM (Letter Home Mortgage) 205 Borrowing and Onlending (2) 304 BNDES 404 Total Funding 515

Loan Portfo folio by by Segme ment Ave Average term m to Maturity y (1

ys

Companies 207 Trade Finance 71 Payroll Loans 526 Auto Loans 484 Leasing 543 BNDES 402 Total Loan Portfolio 329

Free ree Cash R$ 4.0 billion

(1) From June 30, 2019.

Loan Portfolio – Outstanding Operations Funding – Outstanding Operations

Posi

• sitive GAP

AP

• f
• f 186

186 da days

Asset and Liability Maturity

(1) From June 30, 2019; (2) Does not consider Avals and Sureties

6.0 7.1 7.2 8.9 8.9 8.8 6.4 8.0 8.4 8.3 7.1 7.1 6.2 5.2 4.8 4.8 4. 4.6 1.0 1.1 1.0 1.0 1.0 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Additional Provision 6.6 6.3 5.8 5.8 5.6 7.8 8.6 9.7 10.511.2 11.4 11.6 11.210.6 9.4 8.9 8.0 7.8 7.6 7.1 6.9 7. 7.5 1.4 1.5 1.2 0.5 2.3 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Additional Provision 9.2 9.1 8.3 9.8 7.4 2.2 2.3 2.4 2.6 2.7 2.8 3.3 3.5 4.1 4.0 4.0 6.0 5.7 5.2 5.5 5.1 5. 5.3 0.4 0.5 0.6 0.5 1.4 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Additional Provision 6.1 5.7 6.1 5.6 6.7

597 674 735 802 840 842 765 827 911 899 931 997 1,123 1,030 1,100 1,196 1,317 194 156 173 164 175 162 121 135 180 92 147 162 253 119 165 154 188 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Considering Additional Provision Provision Balance Establishment of Provision 4.6 5.3 5.5 6.3 6.5 6.5 5.5 6.4 6.9 6.8 6.1 6.7 7.4 6.2 6.0 6.4 5.0 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Considering Additional Provision 6.1 6.5 5.3 5.1 4.9

R$ million

(1) Includes Receivables purchase and Leasing

18 18 Vehicle Prov rovision Payro yroll Prov rovision sion Compa

• mpanie

nies Portf

• rtfoli
• lio
• Provisi

rovision n (1)

Balance and Establishment of Provision LLP Evolution / Portfolio by Segment (%) Total Provision / Loan Portfolio (%)

935 1,060 872 973 996

Quality of Loan Portfolio

77 79 80 85 61 99 145 22 13 63 30 52 152 82 12 13 13 14 19 22 36

150 14 9 24 56 150 80 2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19 Companies Payroll Loans Auto Loans + CGI*+ others Additional Provision 165 165 261 261 119 119 188 188 153 153 423 423 343 343

19 19

(1) Recovered Loans/write-off of the previous year.

Loan Portfolio E-H (R$ mn) 2Q18 3Q18 4Q18 1Q19 2Q19 Companies1 585.6 476.9 530.3 539.6 653.4 Leasing 9.5 10.3 11.3 12.4 13.6 Payroll 274.3 252.5 284.2 280.6 271.1 Auto 52.5 53.7 52.6 55.1 58.7 Other 3.5 14.3 16.3 11.7 14.5 Total 925.4 807.7 894.7 899.4 1,011.3 Final Balance LLP2 973.2 871.7 934.6 996.4 1,060.8 LLP Balance / Portfolio E-H (%) 105.2% 107.9% 104.5% 110.8% 104.9%

(1) Considers receivables purchase E-H portfolio. (2) Does not consider Additional Provision.

Quality of Loan Portfolio

Pr Provi visi sion Exp Expenses ses by by se segme ment (R$ mn

mn)

Recovered Loans Loans (R$ mn

mn) Write-off (R$ mn) 2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19 Companies (98.8) (150.9) (53.0) (34.9)

(28.6)

(149.5) (63.5) Retail (44.3) (45.6) (41.2) (42.2)

(38.9)

(88.9) (81.1) Total (143.1) (196.5) (94.2) (77.1) (67.5) (238.4) (144.6)

Considering the Additional LLP Balance of R$255.8 million in 2Q19, the LLP Balance/E-H Portfolio was 130 130.2%.

27,8 32,0 70,3 59,4 20,9 85.8 80.3 10,0 10,9 10,9 11,0 11,3 20.5 22.3 37,8 42.9 81,2 70,4 32.2 106.3 102.6 39% 42% 70% 74% 23% 63% 43%

2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19 Companies Retail % Recovered Loans (1)

(*) Property Guaranteed Credit.

20 20

Overdue Loans 2Q18 3Q18 4Q18 1Q19 2Q19 Overdue Loans more than 90 days past due – falling due installments (R$ mn) 508.3 462.1 440.3 312.4 376.3 LLP Balance/ Overdue Loans > 90 days (%) – falling due installments 191.5% 188.6% 212.3% 319.0% 281.9% Overdue Loans > 90 days/Loan Portfolio (%) – falling due installments 3.2% 2.8% 2.4% 1.6% 1.7%

217 217 243 303 289 264 247 267 233 255 264 147 175 2.8% 4.2% 4.8% 6.1% 5.7% 5.3% 5.1% 5.4% 4.7% 5.1% 5.0% 2.6% 3. 3.0% 0% 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19

Past due operations > 90 days R$ (mn) Past due operations > 90 days/Loan Portfolio

78 71 67 60 54 50 47 43 45 45 46 49 54 11.3% 11.2% 11.3% 10.8% 9.8% 9.0% 8.1% 7.3% 7.3% 6.8% 5.9% 6.0% 6. 6.0% 0% 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19

Past due operations > 90 days R$ (mn) Past due operations > 90 days/Loan Portfolio

Pa Past due due loans > > 90 days – Install tallme ments ts falling due due

PAYROLL COMPANIES VEHICLES

306 222 97 205 174 196 152 180 227 157 127 112 143 2.7% 4.6% 3.3% 1.2% 2.8% 2.3% 2.5% 1.6% 1.9% 2.2% 1.5% 0.8% 1. 1.0% 0% 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19

Past due operations > 90 days R$ (mn) Past due operations > 90 days/Loan Portfolio

Pa Past due due loans > > 90 days – Install tallme ments ts falling due due

617 526 419 580 527 511 447 494 508 462 440 312 376 4.9% 4.2% 3.0% 4.5% 4.0% 3.8% 2.9% 3.3% 3.2% 2.8% 2.4% 1.6% 1.7% 7% 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 1Q18 2Q18 3Q18 4Q18 1Q19 2Q19 Past due operations > 90 days R$ (mn) Past due operations > 90 days/Loan Portfolio

Pa Past due due loans > > 90 days – Install tallme ments ts falling due due

LOAN PORTFOLIO

Quality of Loan Portfolio

Pa Past due due loans > > 90 days – Install tallme ments ts falling due due

13.8% 12.9% 13.2% 13.1% 12.9% 13.5% 12.9% 2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19 28.6% 30.2% 27.7% 27.7% 30.2% 28.5% 29.0% 2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19 21 21

Ef Efficien ficiency Ra Ratio io

(1) Includes exchange-rate variations on liability operations, foreign trade, the purchase of credit rights and portfolio transfers to other banks and excludes matched operations — repurchase agreements-tri-party repos outstanding.

Adjusted Net Interest Margin and Recurring - (NIM-AR)(1) - (%)

Per erson sonne nel Exp xpen enses ses + + Adm dmini inist strat ative ive Exp xpen enses ses + + Com

• mmi

mision sions + + Dep eprec eciat iation ion and and Amo mortizat ization ion [Inc Income

• me fr

from

• m Financial

Financial Int Inter ermediat mediation ion (- LLP) LLP)]+ ]+ Inc Income

• me fr

from

• m Ser

Services vices Pr Provided

• vided +

+ Inc Income

• me fr

from

• m Receivables

eceivables Pur Purchase chase + + Other her Adjustment djustments – Secur Securit ities ies + Excha Exchange nge Rat ate e Var ariat iation ion

Eff Efficiency Rati tio

Capital

22 22 15.8% 15.0% 14.7% 16.0% 16.0% 2Q18 3Q18 4Q18 1Q19 2Q19

(1) Basel Index 3 minimum 8.0%.required by the Central Bank.

Ba Basel sel In Index III III (1

(1) )

3,237.0 3,518.0 378.7 (106.3) 7.4 1.1

Dec/18 Net Income Interest on Equity and Dividends Adjustment to fair value - securities Asset valuation Adjustment Jun/19

Ch Change in in Shareholder’s Equ Equit ity – June 2019 2019

R$ R$ mn mn 3,196.6 3,344.1 3,237.0 3,407.2 3,518.0 2Q18 3Q18 4Q18 1Q19 2Q19 R$ R$ mn mn

Sha hareh eholder

• lder's

's Equ quity

23 23

Profitability

126. 26.3 194 94.2 159. 59.9 215. 15.6 163. 63.1 291. 91.7 378. 78.7 2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19

15.7% 23.6% 19.6% 25.7% 18.5% 18.7% 22.0%

2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19

2.0% 0% 2.9% 9% 2.3% 3% 3.1% 1% 2.2% 2% 2.4% 4% 2.7% 7%

2Q18 3Q18 4Q18 1Q19 2Q19 1H18 1H19

Net In Income me Return on Average Equ Equit ity y (R (ROAE) AE) - %

R$ Million

Return on Average Asse Assets s (R (ROAA AA) ) - % %

Recurring Key Figures (R$ mn) 2Q19 1Q19 2Q18 1H19 1H18 Net Income 163.1 215.6 126.3 378.7 291.7 (-) Additional Provision (33.7) (14.5) (90.0) (48.2) (90.0) (-) Hedge/MTM – Foreign Issues and Credit Operations (29.4) (9.6) 3.4 (39.0) (6.3) (-) Exchange Variation - Equivalence - Branch (2.7) 0.9 20.6 (1.8) 21.2 Recurring Net Income 228.9 238.8 192.3 467.7 366.8 Adjusted ROAE (%) 26.0% 28.5% 24.0% 27.2% 23.5% Adjusted ROAA (%) 3.1% 3.4% 3.1% 3.3% 3.0% Adjusted Eficiency Ratio (%) 30.4% 27.4% 28.1% 28.9% 28.2%

Ric Ricardo Ge Gelb lbaum

ricardo.gelbaum@bancodaycoval.com.br +5 +55 5 (11 11) 31 3138 38-1024 1024

Eric Erich Rom

• mani

erich.romani@bancodaycoval.com.br +5 +55 5 (11 11) 31 3138 38-1025 1025

Cl Claudin ine Wrobel

claudine.wrobel@bancodaycoval.com.br +5 +55 5 (11 11) 31 3138 38-0809 0809

"This material may include estimates and forward-looking statements. These estimates and forward-looking statements are to a large extent based on current expectations and projections about future events and financial trends that affect or may come to affect the Bank's business. Many important factors may adversely affect the results of Banco Daycoval as described in management's estimates and forward-looking statements. These factors include, but are not limited to, the following: the performance of the Brazilian and international economies; fiscal, foreign-exchange and monetary policies; increasing competition in the companies segment; Banco Daycoval's ability to obtain funding for its operations; and changes to Central Bank rules and regulations. The words "believe," "may," "could," "seek," "estimate," "continue," "anticipate," "plan," "expect" and other similar words are used to identify estimates and projections. Considerations involving estimates and forward-looking statements include information relating to results and projections, strategies, competitive positioning, the industry environment, growth opportunities, the effects of future regulation, and the effects of competition. Such estimates and projections are valid only at the time of writing. Daycoval does not undertake to publish updates or review any of these estimates in response to new information, future events or other factors. In light of the risks and uncertainties involved, the estimates and forward-looking statements contained herein may not materialize. Given these limitations, shareholders and investors should not make decisions based on the estimates, projections and forward-looking statements contained in this material."

In Investor r Rela latio ions

22 22

2Q 2Q19 19 Ins Insti titutional l Presentation