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Annual Report 2015

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Independence
statement

To the Board of Directors and Shareholders of
Banco do Brasil S.A.
Brasília – DF
May 13th, 2016.

In connection with the action to be taken with respect to the issuance of the Independent Auditors on the sustainability information disclosed in the Annual Report of the Banco of Brasil SA, related to the year ended December 31st 2015 we declare that KPMG is independent in relation to the Banco do Brasil SA and there was no conflict of interest in the verification of environmental and social data on the sustainability information in accordance with the rules of the International Federation of Accountants (IFAC) Code of Ethics and local rule CFC Resolução CFC 1.312/10.

Very truly yours,

KPMG Auditores Independentes
CRC SP-014428/O-6 F-DF

Carlos Massao Takauthi
Accountant CRC 1SP206103/O-4

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