Banco Santander (Brasil) S.A. (BSBR) Form 6-K — Jul 30, 2026

Banco Santander, S.A., the controlling shareholder, intends to launch a voluntary exchange offer to acquire the approximately 10% of Banco Santander (Brasil) S.A. that it does not already own. The offer represents a 15% premium over the reference share price, with a maximum total consideration of €1.908 billion, and allows minority shareholders to exchange their shares for newly issued Banco Santander shares. Shareholders tendering their securities will receive Banco Santander shares based on exchange ratios of 0.2028 for each common or preferred share and 0.4056 for each unit or ADS.

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