Investor RELATIONS Earn in g s Resu lts COVID ID 19 19 | | Main - PowerPoint PPT Presentation

1Q20 Investor RELATIONS Earn in g s Resu lts

COVID ID 19 19 | | Main ain me measur asures es implemen implemented ted in in op oper erationa tional man manage gemen ment t and and supp suppor ort of of Day ayco coval val emp emplo loyee ees Continuous and transparent Intensification of the Home-Office work model, via remote access through the communication with employees since the provision of computers (laptops); beginning of the Pandemic. Anticipated in-company influenza Rotation of teams on the Bank's vaccination campaign. premises, adopting rules regarding distancing and precautionary conduct. Focus on collateralized credit operations. Care with regard to employee Health, Prevention and Wellness and guidance regarding best home work practices. Lives with the executive board. 2

COVID ID 19 19 | | Camp ampaign aigns s UNIT ITED D FOR FOR THE OVERALL G VERALL GOOD D OVERALL G VERALL GOOD D CO CONNECTIO CTION FOOD FOO D DO DONATIO ION The Bank has operated in a new format and with the employees same dedication. They and In order to combat the spread of the virus and the teams remain united even while physically its effects on health and the economy, for every Daycoval and singer Bell Marques joined up separated. Real donated by its employees Daycoval is in the food donation campaign, guaranteeing donating two more. These funds will be used to a ton of foodstuffs! purchase protective masks produced by small It's one more Daycoval solidarity initiative. and medium-sized enterprises that are converting their activities to the production of such items. 3

Main ain Highlights ighlights Maintenance aintenance of of Ca Capital pital and and Ad Additional ditional Provis ision ion IPO Cancella Cancellation tion Liquidity Liquidity Co Covid id 19 19 In view of the current unfavorable Issuance of Financial Bills R$ 154.3 million domestic and international capital market conditions, Banco Daycoval filed the On February 19, 2020, the Bank issued Financial In view of the adverse economic cancellation requests with the CVM and Bills with perpetual maturity in the amount of scenario and to mitigate the B3 on April 15, 2020: R$ 50 million, which became part of the impacts of this crisis, on March Supplemental Capital (Level I) as of April 15, 31, 2020 the Bank set up an a) of the registration of the primary and 2020. additional provision for loan secondary distribution public offering losses in the amount of R$ 154.3 of its preferred shares and conversion On April 15, 2020, the Bank issued Financial Bills million, generating a total from securities issuer to "A” class, and with perpetual maturity in the amount of R$ balance of R$ 444.4 million of 240.0 million, currently pending BACEN additional provision. b) the request to cancel the listing on authorization to compose Supplemental Capital the Level 2 trading segment, which (Level I). was conditional to the carrying out of the Offer. Both were carried out through shareholders' resources. Free Cash R$ 4.4 billion in 1Q20 4

Financial Highlights 1 st quarter of 2020 In R$ million Recurring ing Net In Income me Recurring ing ROAE AE Expanded Loan Exp Loan Portfoli lio R$ 278.1 R$ 278.1 million million in 1Q20 -3.5% 3.5% R$ $ 26.2 26.2 billion in 1Q20 - 4.3% 4.3% 29.2% 29.2% in 1Q20 -2.1 2.1 p.p .p. 1Q20 vs 4Q19 1Q20 vs 4Q19 1Q20 vs 4Q19 288.1 27.4 27.4 26.2 26.2 278.1 276.2 31.3% 30.4% 23.9 23.9 29.2% 21.6 21 .6 26.7% 228.9 26.0% 224.3 19.9 19.9 1Q 1Q19 19 2Q19 2Q 19 3Q 3Q19 19 4Q 4Q19 19 1Q20 1Q 20 1Q 1Q19 19 2Q 2Q19 19 3Q19 3Q 19 4Q19 4Q 19 1Q20 1Q 20 1Q 1Q19 19 2Q 2Q19 19 3Q 3Q19 19 4Q 4Q19 19 1Q20 1Q 20 LLP/E P/E-H Portfoli lio NPLs PLs | 90 90 days ys Ba Basel sel Ra Ratio io 1.6% 1.6% in 1Q20 +0.1 0.1 p.p .p. 167.9% in 1Q20 167.9% + 11.5 11.5 p.p .p 14.2% in 1Q20 +0,1 14.2% +0,1 p.p .p. 1Q20 vs 4Q19 1Q20 vs 4Q19 16.0% 16.0% 1T20 vs. 4T19 15.8% 1.7% 1.7% 167.9% 167.9% 1.6% 1.6% 156.4% 156.4% 1.5% 148.4% 148.4% 130.2% 130.2% 14.2% 14.1% 109.6%% 109.6%% 1Q19 1Q 19 2Q 2Q19 19 3Q19 3Q 19 4Q19 4Q 19 1Q20 1Q 20 1Q 1Q19 19 2Q 2Q19 19 3Q 3Q19 19 4Q 4Q19 19 1Q 1Q20 20 1Q 1Q19 19 2Q 2Q19 19 3Q 3Q19 19 4Q 4Q19 19 1Q 1Q20 20 5

Expanded Loan Portfolio Loan Portfolio Breakdown Chg. % Chg. % R$ million 1Q20 4Q19 1Q19 3 months 12 months 1 st quarter of 2020 Companies 9,888.2 10,050.7 -1.6% 8,070.0 22.5% 67.9% 67.9% Companies Companies Receivables Purchase 3,920.4 5,765.3 -32.0% 2,911.9 34.6% Leasing 1,252.2 1,203.8 4.0% 858.3 45.9% Avals and Sureties 2,717.7 2,675.8 1.6% 1,554.4 74.8% Payr ayroll oll Loans Loans 27.3% 27.3% 17,778.5 19,695.6 -9.7% 13,394.6 32.7% Total Expanded Companies Payroll Loans 6,600.9 5,965.4 10.7% 5,217.7 26.5% Payroll Card 534.9 518.2 3.2% 420.7 27.1% 4.6% 4.6% Auto uto Loans Loans 7,135.8 6,483.6 10.1% 5,638.4 26.6% Total Payroll Loans Total Auto Loans + Others 1,206.3 1,123.7 7.4% 821.1 46.9% Others Other 0.2% 0.2% 57.1 56.7 0.7% 52.6 8.6% Home Equity Total Expanded Loan Portfolio 26,177.7 27,359.6 -4.3% 19,906.7 31.5% Expanded Loan Portfolio 27,360 26,178 R$ Million 23,900 21,645 19,907 19,711 17,548 15,954 15,654 1Q 1Q18 18 2Q18 2Q 18 3Q18 3Q 18 4Q 4Q18 18 1Q 1Q19 19 2Q19 2Q 19 3Q 3Q19 19 4Q 4Q19 19 1Q20 1Q 20 6

Companies Portfolio By Product (%) -9.7% Working ing Ca Capit ital/ / R$ Million R$ Milhões +32.7% 46% 46% Guaranteed Ac Account 19,696 17,779 16,662 22% 22% Receiv ivables les Pur Purchases ses 14,807 13,395 15% 15% Avals vals and and Sur Sureties ies Trade Fina inance 9% 9% 7% Leasi sing 1% BNDES BNDES 1Q19 2Q19 3Q19 4Q19 1Q20 Co Coll llateral - % Outstanding Operation - % 1Q20 Mar/2 /20 Dec/1 De /19 3% 3% Receivables 2%1% 1% 2% 2% 2% 2%1% 1% 3% 3% 2% Real State 6% 6% 17% 17% 9% 9% 5% 5% Equipments/Foreign Goods 8% 8% Financial Investments 11% 11% 11% 11% 80% 80% 69% 69% 70% 70% Vehicles Agricultural Products Others Up to 12 months 1 to 3 years 3 to 5 years 7

Companies Portfolio National Presence Loan Portfolio Distribution X GDP Client Concentration 100 largest 18.8% 50 largest 14.2% Northeast 13% 20 largest 9.3% 16.7% of GDP 10 largest 6.6% Largest 1.6% Debtor Mid-West + Southeast North 57% Concentr trati tion by by sector tor 14% 1Q20 4T19 52.9% of GDP Industry 43.3% 45.9% 13.9% of GDP Service 30.4% 28.5% Commerce 19.9% 19.8% 10 Largest Sectors (*) South Malt Industry 2.9% 2.9% 16% Poultry Industry 2.8% 4.2% Road Freight Transportation 2.8% 2.6% 16.5% of GDP Electricity Generation 2.2% 2.4% Oil Industry 2.0% 1.9% Food and Cereal Wholesaler 1.9% 1.8% Auto Parts and Accessories Industry 1.7% 1.5% Loan Portfolio GDP* Real State Development 1.4% 1.5% *Source: GDP by Geoghaphical Region IBGE (2016) Holding 1.3% 1.4% Commerce of Communication Equipments 1.2% 0.5% (*) % over the total of the companies portfolio 8

Payroll Loans Total Portfolio Highlights | 1Q20 +26.6% R$ Million +10.1% Number umber of of Number umber of of 39 own 39 own stor stores es – IFP IFP 7,136 Refina efinancing ncing contract cont acts s in in act active ive client clients Originat igination ion (Refin efin) ) 6,484 the he por portfolio folio 6,174 43 43.7% .7% sha share o e of sale sales s 5,887 5,638 Payroll Payr oll Car ard 44% 44% in t in the quar he quarter er 1,464 1,4 64.00 .000 908,000 908,000 R$ 535.9 $ 535.9 million million In 1Q In 1Q20 20 we we Portfolio Por folio Average verage Ticket Ticket Register egistered ed or originat iginated ed Dur urat ation ion Cor orrespondent espondent R$ 128.0 $ 128.0 million million thr hrough ough this his R$ 5,300 $ 5,300 1,200 1,200 16 16 mont months hs 1Q19 2Q19 3Q19 4Q19 1Q20 channel channel. . Po Portfo rtfolio Ori riginati tion – R$ mn mn Bre reakdown Loan Loan Ori riginati tion - % % Brea reakdown Pa Payroll roll Loan Loan - % % Total volume me originated of of INSS IN SS 2.1% R$ 1.3 billion 3.1% Product Pr oduction ion in the quarter reached eached 29.9% 29.9% 1,446 1,494 INSS 8.7% 1,295 1,252 INSS 1,198 9.2% 29.9% Army 698 664 15.2% Army 31.1% 606 546 12.2% 473 State Government State Government Municipalities Municipalities 796 17.1% 725 782 689 Government/SIAPE 707 21.4% Government/SIAPE 27.0% Army my Others 23.0% pr product oduction ion Others reached eached 27.0% 27.0% 1Q19 2Q19 3Q19 4Q19 1Q20 Net Origination Refin. Total 9

New New Payr ayroll oll Loa Loan n Websi bsite te A new Payroll Loan Website was created in 1Q20, which Daycoval is offering to its clients. It is possible to formalize a contract in a fully digital manner through this the channel. 10 10