BANCO PINE S.A. 2013-11-04 T-19:50

Individual and Consolidated Financial Information under GAAP for the quarter ended on
September 30, 2013 and year ended on December 31, 2012 and Independent Auditors’ Report

Banco Pine S.A.

PricewaterhouseCoopers Independent Auditors

(A free translation of the original in Portuguese)

Report on Review of Quarterly Information

To the Board of Directors and Shareholders
Banco Pine S.A.

Introduction

We have reviewed the accompanying parent company and consolidated interim accounting
information of Banco Pine S.A. and Banco Pine S.A. and its subsidiaries, included in the Quarterly
Information Form (ITR) for the quarter ended September 30, 2013, comprising the balance sheet at
that date and the statements of operations and statements of comprehensive income for the quarter
and nine-month period then ended and the statements of changes in equity and cash flows for the
nine-month period then ended, and a summary of significant accounting policies and other
explanatory information.

Management is responsible for the preparation of the interim financial information in accordance with
accounting practices adopted in Brazil, applicable to institutions authorized to operate by the Brazilian
Central Bank (BACEN), and the standards issued by the Brazilian Securities Commission (CVM),
applicable to the preparation of the Quarterly Information (ITR). Our responsibility is to express a
conclusion on this interim financial information based on our review.

Scope of the review

We conducted our review in accordance with Brazilian and International Standards on Reviews of
Interim Financial Information (NBC TR 2410 – Review of Interim Financial Information Performed
by the Independent Auditor of the Entity and ISRE 2410 – Review of Interim Financial Information
Performed by the Independent Auditor of the Entity, respectively). A review of interim information
consists of making inquiries, primarily of persons responsible for the entity’s financial and accounting
matters, and applying analytical and other review procedures. A review is substantially less in scope
than an audit conducted in accordance with Brazilian and International Standards on Auditing and
consequently does not enable us to obtain assurance that we would become aware of all significant
matters that might be identified in an audit. Accordingly, we do not express an audit opinion.

Conclusion on the interim information

Based on our review, nothing has come to our attention that causes us to believe that the
accompanying interim accounting information included in the quarterly information referred to above
has not been prepared, in all material respects, in accordance with accounting practices adopted in
Brazil, applicable to the preparation of the Quarterly Information by institutions authorized to operate
by the Brazilian Central Bank (BACEN) and presented in accordance with the standards issued by the
Brazilian Securities Commission (CVM).

Other matters
Interim statements of value added

We have also reviewed the parent company and consolidated interim statements of value added for the
quarter and nine-month period ended September 30, 2013. These statements are the responsibility of
management, and are required to be presented in accordance with standards issued by the Brazilian
Securities Commission (CVM) applicable to the preparation of Quarterly Information (ITR). These
statements have been submitted to the same review procedures described above and, based on our
review, nothing has come to our attention that causes us to believe that they have not been prepared,
in all material respects, in a manner consistent with the interim accounting information taken as a
whole.

Sáo Paulo, November 4, 2013

PricewaterhouseCoopers
Auditores Independentes
CRC 28P000160/0-5

Edison Arisa Pereira
Contador CRC 18P127241/0-0

PINE

Comments on 3Q13 Performance

PINE is a wholesale bank focused on establishing and maintaining long-term relationships with corporate clients and investors. Its strategy is
based on knowing its clients well and understanding their businesses and potential in order to build customized financial solutions and
alternatives. This strategy requires product diversity, highly qualified human capital and efficient and agile risk management, which are areas
where the Bank is consistently evolving.

Performance
Annualized Return on Average Equity (ROAE) reached 13.4% in the 3Q13, up 50 bps over 2Q13. Net Income reached R$40 million in the period,
growth of 2.6% over 2Q13.

RS Million
Total Loan Portfolio * Total Funding Shareholders’ Equity
o +11.0% +0.4%
1 ss =>

8,994 9937) 7,111 UERO 1,259 1,264

Jun-13 Sept -13 Jun-13 Sept -13 Jun -13 Sept -13
Y Includes Letters of Credit to be used, Bank Guarantees, Credit Securities to be Received and Private Securities (bonds, DRIs, eurobonds and fund shares)

eCredit
Total expanded loan portfolio totaled R$9,537 million in September 30, 2013, representing increases of 6.0% QoQ and of 28.1% YoY. Noteworthy
the origination quality, in which 90% is comprised of transactions rated AA, A and B. The highlight in the quarter was the 17.3% and 9.5%
increase in BNDES Onlendings and Bank Guarantees, respectively.

xxFunding
Funding totaled R$7,894 million in September 2013, representing growth of 11.0% QoQ and of 16.0% YoY. The weighted average term of deposits
was 10 months, while the weighted average term of funding transactions was 18 months, compared with 17 months in 2Q13.

xxCapital Structure (BIS)
The BIS ratio reached 15.9% in the quarter, well above the minimum requirement (11%).

eDistribution of Profits / Interest on Own Capital and Dividends
In September 2013, PINE paid a total of R$30.0 million as dividends and interest on own capital, which corresponds to a gross payout per share
of R$0.28. Of this total, R$15.6 million represents interest on own capital and R$14.4 million, dividends. This payment will be added to the
minimum mandatory dividends related to the 2013 fiscal year. Based on PINE”s shares average price in the quarter (R$10.15) and the proceeds
paid over the past four quarters, PINE4 has a dividend yield of 10.9%.

eInvestor Relations
PINE makes information available to shareholders via its corporate website (www.pine.com/ir), electronic bulletins and quarterly reports, as
well as through its Investor Relations department (phone: +55 (11) 3372-5343, e-mail: irepine.com).

xxIndependent Auditors
In compliance with CVM Instruction 381, of January 14, 2003, Pine reports that did not hire from the independent auditors any other services
than those related to the audit works for the period from January to September, 2013. PINE adopts the procedure of limiting the services
rendered by its independent auditors so as to ensure the auditor’s independence and objectivity pursuant to Brazilian and international
standards.

xxAcknowledgments
PINE thanks our shareholders, clients, suppliers and employees for their trust and partnership dedicated during the quarter.

Sáo Paulo, November 4′, 2013

Board of Directors
Executive Directors

(A free translation of the original in Portuguese)
PINE

BANCO PINE S.A. AND SUBSIDIARIES
BALANCE SHEETS AS AT SEPTEMBER 30, 2013 AND DECEMBER 31, 2012

(In thousands of reais)

Consolidated

ASSETS ICI 09/30/2013 _ 12/31/2012
CURRENT ASSETS 6,929,310 7,966,113 6,977,453 7,996,043
Cash 4. 273,008 126,111 281,218 126,111
Short-term interbank investments 5. 864,811 397,584 865,808 404,587
Open market investments 436,792 279,205 437,789 286,208
Interbank deposits 63,512 100,299 63,512 100,299
Foreign currency investments 364,507 18,080 364,507 18,080
Marketable securities and derivative financial instruments 1,946,735 3,914,354 1,977,317 3,934,238
Own portfolio 6. a) 601,626 1,815,047 655,095 1,834,931
Subject to repurchase agreements 6.a) 854,384 1,847,955 831,497 1,847,955
Derivative financial instruments 6.b) 398,286 180,232 398,286 180,232
Subject to guarantees 6.a) 92,439 71,120 92,439 71,120
Interbank accounts 5,793 1,435 5,793 1,435
Unsettled payments and receipts 7 – 7 –
Restricted deposits:
Brazilian Central Bank 5,786 1,435 5,786 1,435
Loan operations 7. 2,717,464 2,549,888 2,717,464 2,549,888
Loan operations – private sector 2,600,995 2,664,448 2,600,995 2,664,448
Loan operations – public sector 30,378 5,966 30,378 5,966
Credit transactions subject to transfer 7.1) 153,324 – 153,324 –
Allowance for loan losses (67,233) (120,526) (67,233) (120,526)
Other receivables 927,552 796,143 935,890 799,186
Foreign exchange portfolio 8. 707,179 522,796 707,179 522,796
Income receivable 27,077 18,867 27,077 18,867
Negotiation and intermediation of securities 65,718 41,898 65,718 41,898
Sundry 9. 139,346 216,719 147,684 219,762
Allowance for other loan losses (11,768) (4,137) (11,768) (4,137)
Other assets 193,947 180,598 193,963 180,598
Non-operating assets 190,184 176,279 190,184 176,279
Prepaid expenses 3,763 4,319 3,779 4,319
LONG-TERM RECEIVABLES 3,558,532 2,285,451 3,429,237 2,378,588
Interbank investments 5. 4,244 – 4,244 –
Interbank deposits 4,244 – 4,244 –
Marketable securities and derivative financial instruments 849,318 386,334 649,743 326,603
Own portfolio 6. a) 502,340 229,233 302,765 169,502
Derivative financial instruments 6.b) 270,249 157,101 270,249 157,101
Subject to guarantees 76,729 – 76,729 –
Loan operations 7. 2,207,657 1,459,023 2,273,834 1,609,039
Loan operations – private sector 2,278,732 1,520,512 2,352,418 1,672,130
Loan operations – public sector – 338 – 338
Credit transactions subject to transfer 31,553 – 31,553 –
Allowance for loan losses (102,628) (61,827) (110,137) (63,429)
Other receivables 485,177 429,515 489,256 432,367
Income receivable 33,280 27,435 33,280 27,435
Deposits in guarantee 16. (b) (c) 206,251 197,491 208,060 199,189
Sundry 9. 246,172 204,751 248,442 205,905
Allowance for other loan losses (526) (162) (526) (162)
Other assets 12,136 10,579 12,160 10,579
Prepaid expenses 12,136 10,579 12,160 10,579
PERMANENT ASSETS 215,678 188,882 101,197 31,021
investments 188,480 157,863 73,122 –
Investments in local subsidiaries 10.a) 188,480 157,863 – –
Other investments 10.b) – – 73,122 –
Property and equipment in use 11.a) 25,887 28,966 26,540 28,968
Facilities, furniture and equipment in use 13,275 13,652 13,837 13,652
Other fixed assets in use 29,239 28,645 29,491 28,647
Accumulated depreciation (16,627) (13,331) (16,788) (13,331)
Intangible assets 11.b) 1,311 2,053 1,535 2,053
Expenses for acquisition and development of software 9,310 9,450 9,599 9,915
Accumulated amortization (7,999) (7,397) (8,064) (7,862)
TOTAL ASSETS 10,703,520 10,440,446 10,507,887 10,405,652

(A free translation of the original in Portuguese)
PINE

BANCO PINE S.A. AND SUBSIDIARIES
BALANCE SHEETS AS AT SEPTEMBER 30, 2013 AND DECEMBER 31, 2012

(In thousands of reais)

Consolidated

NIN 09/30/2013 12/31/2012
CURRENT LIABILITIES 5,882,197 5,724,010 5,532,146 5,708,159
Deposits 12. 1,812,007 1,898,520 1,738,569 1,878,417
Demand deposits 21,062 30,134 19,655 30,053
Interbank deposits 74,059 108,932 69,183 108,932
Time deposits 1,716,886 1,759,454 1,649,731 1,739,432
Funds obtained in the open market 13. 1,132,162 1,832,661 818,104 1,832,661
Own portfolio 840,992 1,832,661 623,529 1,832,661
Third-party portfolio 291,170 – 194,575 –
Funds from acceptance and issuance of securities 935,735 499,593 935,735 499,593
Real estate letters of credit 18. a) 191,887 11,965 191,887 11,965
Agribusiness letters of credit 18. a) 335,089 377,368 335,089 377,368
Financial bills 18. a) 373,729 1,101 373,729 1,101
Securities issued abroad 18. b) 35,030 109,159 35,030 109,159
Interbank accounts 282 37 282 37
Correspondent banks 14. 282 37 282 37
Interdepartmental accounts 33,314 22,425 33,314 22,425
Third-party funds in transit 33,314 22,425 33,314 22,425
Borrowings and onlendings 17. 1,384,545 1,225,474 1,537,869 1,225,474
Local borrowings – Other Institutions – – 153,324
Foreign borrowings 1,089,691 892,862 1,089,691 892,862
Local onlendings – official institutions 292,412 322,376 292,412 322,376
Foreign onlendings 2,442 10,236 2,442 10,236
Derivative Financial Instruments 6.b) 196,090 77,060 196,090 77,060
Derivative financial instruments 196,090 77,060 196,090 77,060
Other liabilities 388,062 168,240 272,183 172,492
Collection and payment of taxes and similar 15. a) 1,764 936 1,764 936
Foreign exchange portfolio 8. 109,996 75,133 109,996 75,133
Social and statutory payables 7,212 9,018 7,212 9,018
Tax and social security contributions 15. b) 41,680 30,075 46,164 33,983
Negotiation and intermediation of securities 43,799 4,575 58,947 4,575
Subordinated debt 19. 6,502 12,342 6,502 12,342
Sundry 15. c) 177,109 36,161 41,598 36,505
Liabilities for sale and transfer of financial assets 7.1) 153,324 – – –
Other 23,785 36,161 41,598 36,505
LONG-TERM LIABILITIES 3,486,433 3,440,419 3,640,851 3,421,476
Deposits 12. 1,289,392 1,577,218 1,185,244 1,440,579
Interbank deposits 23,715 21,221 23,675 12,068
Time deposits 1,265,677 1,555,997 1,161,569 1,428,511
Funds obtained in the open market 11,265 – 11,265 –
Own Portfolio 7,291 – 7,291 –
Third-party portfolio 3,974 3,974
Funds from acceptance and issuance of securities 569,535 792,470 569,535 792,470
Real estate letters of credit 18. a) 6,062 – 6,062 –
Agribusiness letters of credit 18. a) 19,902 7,830 19,902 7,830
Financial bills 18. a) 335,877 573,164 335,877 573,164
Securities issued abroad 18. b) 207,694 211,476 207,694 211,476
Borrowings and onlendings 17. 1,093,623 631,237 1,395,007 749,972
Local borrowings – other institutions – – 301,384 118,735
Foreign borrowings 289,900 61,305 289,900 61,305
Local onlendings – official institutions 799,623 569,932 799,623 569,932
Foreign onlendings 4,100 a 4,100 –
Derivative financial instruments 6.b) 24,595 23,333 24,595 23,333
Derivative financial instruments 24,595 23,333 24,595 23,333
Other liabilities 498,023 416,161 455,205 415,122
Tax and social security contributions 15. b) 86,087 77,290 86,730 77,853
Securities trading and brokerage 15,086 – 15,086 –
Subordinated debt 19. 331,076 304,930 331,076 304,930
Sundry 15.0) 65,774 33,941 22,313 32,339
Liabilities for sale and transfer of financial assets 7.1) 43,461 – – –
Provision for contingent liabilities 16.c) 13,354 22,963 13,354 22,963
Other 8,959 10,978 8,959 9,376
DEFERRED INCOME 70,448 56,071 70,448 56,071
EQUITY 20. 1,264,442 1,219,946 1,264,442 1,219,946
Capital 967,259 935,683 967,259 935,683
Local residents 846,416 842,654 846,416 842,654
Foreign residents 120,843 93,029 120,843 93,029
Capital reserves 8,233 11,685 8,233 11,685
Revenue reserves 301,651 267,192 301,651 267,192
Proposed additional dividend 20,442 18,559 20,442 18,559
Carrying value adjustments (11,060) (423) (11,060) (423)
Treasury shares (22,083) (12,750) (22,083) (12,750)
TOTAL LIABILITIES AND EQUITY 10,703,520 10,440,446 10,507,887 10,405,652

The accompanying notes are an integral part of these consolidated financial statements.

2

(A free translation of the original in Portuguese)
BANCO PINE S.A. AND SUBSIDIARIES

STATEMENTS OF OPERATIONS FOR THE PERIODS ENDED SEPTEMBER 30, 2013 AND 2012

(In thousands of reais, except net income per share)

Individual
PP

YTD

AR PINE

Consolidated

INCOME FROM FINANCIAL INTERMEDIATION
Loan operations

Marketable securities

Derivative financial instruments

Foreign exchange transactions

EXPENSES FOR FINANCIAL INTERMEDIATION
Funds obtained in the market

Borrowings and onlendings

Sales or transfer of financial assets

Allowance for loan losses

GROSS PROFIT FROM FINANCIAL INTERMEDIATION

OPERATING INCOME (EXPENSE)
Income from services rendered
Income from bank charges
Personnel expenses

Other administrative expenses

Tax expenses

Equity in the results of investees
Other operating income

Other operating expenses

OPERATING PROFIT
NON-OPERATING RESULTS

INCOME BEFORE INCOME TAXES AND
PROFIT SHARING

INCOME TAX AND SOCIAL CONTRIBUTION
Provision for current income tax

Provision for current social contribution

Deferred income tax and social contribution
PROFIT SHARING

REVERSION OF INTEREST ON OWN CAPITAL
NET INCOME

NUMBER OF OUTSTANDING SHARES
NET INCOME PER SHARE – IN REAIS

21.a)
21.b)
6.b)

21.c)
21.d)

21.e)

211)
21.9)
21.h)
10.

21.)
21.)

22.

290,650
151,312
66,767
32,612
39,959

(220,971)
(146,714)
(40,494)
(1,871)
(31,892)

69,679

(28,220)
22,246
876
(20,763)
(23,549)
(2,616)
6,272
6,260
(16,946)

41,459

2,151

43,610
(8,016)
7,554
4,724
(20,294)
(10,989)
15,638
40,243

108,924,268
0.36946

851,116
393,743
190,201
143,207
123,965

(651,223)
(442,620)
(132,433)
(1,871)
(74,299)

199,893

(88,656)
64,222
2,086
(63,023)
(67,585)
(8,310)
19,889
22,401
(58,336)

111,237

7,176

118,413
(15,483)
(810)
(190)
(14,983)
(24,805)
46,334
124,459

108,924,268
1.14262

260,215
128,108
87,391
27,582
17,134

(176,031)
(124,824)
(27,045)

(24,162)
84,184

(36,800)
9,219
882
(20,864)
(26,420)
(2,866)
11,824
15,740
(24,315)

47,384

314

47,698

(11,593)
(6,431)
(4,122)
(1,040)
(2,964)
14,083
47,224

98,852,774
0.47772

964,684
402,883
372,017

57,738
132,046

(674,241)
(488,714)
(120,907)

(64,620)
290,443

(134,978)
33,625
3,195
(63,657)
(68,762)
(7,838)
37,341
53,621
(122,503)

155,465

4,640

160,105
(82,952)
(6,737)
(4,306)
(21,909)
(31,950)
44,091
139,294

98,852,774
1.40911

297,951
154,571
70,809
32,612
39,959

(223,837)
(145,834)
(43,531)
(34,472)
74,114
(29,312)
31,678
876
(22,871)
(24,568)
(3,567)

6,050
(16,910)

44,802

2,151

46,953
(11,006)
5,534
3,778
(20,318)
(11,342)
15,638
40,243

108,924,268
0.36946

871,942
405,024
199,746
143,207
123,965

(655,941)
(439,448)
(139,614)
(76,879)
216,001
(96,953)
90,319
2,086
(66,863)
(69,421)
(10,979)

21,255
(63,350)

119,048

7,176

126,224
(22,215)
(4,936)
(2,208)
(15,071)
(25,884)
46,334
124,459

108,924,268
1.14262

265,210
136,646
83,849
27,581
17,134

(177,394)
(122,096)
(81,125)
(24,173)
87,816
(87,790)
27,445
882
(21,768)
(26,617)
(4,498)

12,620
(25,854)

50,026

314

50,340
(13,653)
(7,967)
(4,709)
(977)
(3,546)
14,083
47,224

98,852,774
0.47772

984,705
432,381
362,541

57,737
132,046

(682,139)
(480,073)
(137,332)
(64,734)
302,566
(137,957)
86,947
3,195
(66,083)
(70,135)
(12,691)

44,970
(124,160)

164,609

4,632

169,241
(40,759)
(12,201)
(6,740)
(21,818)
(33,279)
44,091
139,294

98,852,774
1.40911

The accompanying notes are an integral part of these consolidated financial statements.

3

(A free translation of the original in Portuguese)

BANCO PINE S.A. AND SUBSIDIARIES

STATEMENTS OF OPERATIONS FOR THE PERIODS ENDED SEPTEMBER 30, 2013 AND 2012
(In thousands of reais, except net income per share)

PINE

Individual and Consolidated

Net Income 40,243 124,459
Available-for-sale financial assets 6,375 (18,565)
Income tax (2,551) 7,426
Other 2 79
Comprehensive Income 44,069 113,399

47,224 139,294
12,863 9,866
(5,145) (3,946)

(10) 77
54,932 145,291

The accompanying notes are an integral part of these consolidated financial statements.

(A free translation of the original in Portuguese)

BANCO PINE S.A. AND SUBSIDIARIES

STATEMENTS OF VALUE ADDED FOR THE PERIODS ENDED SEPTEMBER 30, 2013 AND 2012

(In thousands of reais)

Revenues

Financial intermediation
Services rendered

Bank charges

Provision for loan losses
Other

Expenses for financial intermediation

Goods and services acquired from third parties
Materials, electricity and other

Third-party services

Other

Gross value added
Depreciation and amortization
Net value added produced by the institution

Value added transferred from others
Equity in the results of investees

Total value added to be distributed
Distribution of value added

Personnel
Salaries
Benefits, training
Social charges
Profit sharing

Taxes, charges and contributions
Federal

State

Municipal

Income tax and social contribution

Remuneration of third-party capital
Rents and leased assets

Remuneration of own capital
Interest on own capital/dividends
Retained earnings

3Q 13

288,983
290,100
22,246
876

(81,892)
7,658

189,079

19,793
169
14,615
5,009

80,111
1,250
78,861

6,272
6,272

85,133
85,133

31,752
14,109
2,098
4,556
10,989

10,632
1,349

1,267
8,016

2,506
2,506

40,243
30,000
10,243

2013
YTD

860,700
850,567
64,222
2,086
(74,299)
18,124

576,924

55,807

475
40,470
14,862

227,969
4,298
223,671

19,889
19,889

243,560
243,560

87,828
42,778

6,406
13,839
24,805

23,793
4,847
5
3,458
15,483

7,480
7,480

124,459
90,000
34,459

3Q 12

251,976
260,215
9,219
882
(24,162)
5,822

151,869

22,559
145
16,524
5,890

77,548
1,103
76,445

11,824
11,824

88,269
88,269

23,829
13,996
1,949
4,920
2,964

14,458
2,275
14

576
11,593

2,758
2,758

47,224
30,000
17,224

YTD

916,732
964,684
33,625
3,195
(64,620)
(20,152)

609,621

57,467

429
42,822
14,216

249,644
3,001
246,643

37,341
37,341

283,984
283,984

95,607
43,098

5,976
14,583
31,950

40,788
5,310
3
2,524
32,951

8,295
8,295

139,294
70,000
69,294

3Q 13

302,962
297,401
31,678
876
(84,472)
7,479

189,365

20,629
176
15,341
5,112

92,968
1,298

91,670

91,670
91,670

34,213
15,805
2,238
4,828
11,342

14,573
1,814

1,753
11,006

2,641
2,641

40,243
30,000
10,243

2013
YTD

898,883
871,393
90,319
2,086

(76,879)

11,964
579,062

57,398

485
41,735
15,178

262,423
4,346

258,077

258,077
258,077

92,747
45,652

6,720
14,491
25,884

33,194
6,190
5
4,784
22,215

7,677
7,677

124,459
90,000
34,459

HA

PINE

Consolidated

3Q 12

270,527
265,210

27,445
882

(24,173)

1,163

153,221

22,703
146
16,608
5,949

94,603
1,125

93,478

93,478
93,478

25,314
14,604
1,991
5,173
3,546

18,151
2,998
14
1,486
13,653

2,789
2,789

47,224
30,000
17,224

2012
YTD

979,646
984,705
86,947
3,195
(64,734)
(80,467)

617,405

58,633

434
43,794
14,405

303,608
3,073

300,535

300,535
300,535

99,362
44,780

6,100
15,203
33,279

53,450
7,495
4
5,192
40,759

8,429
8,429

139,294
70,000
69,294

The accompanying notes are an integral part of these consolidated financial statements.

(A free translation of the original in Portuguese)

BANCO PINE S.A.

STATEMENTS OF CHANGES IN EQUITY

(In thousands of reais, except dividends and interest on own capital per share)

PINE

Revenue reserves

Paid-up Capital Capital [REIS LOTA Proposed LOS
capital MEE Reserves Legal Statutory adjustments shares additional dividend ES
At December 31, 2011 422,606 373,439 14,032 15,582 164,157 (1,461) – 26,726 – 1,015,081
Capital increase (Note 20) 373,442 (233,804) – – – – – – – 139,638
Other capital reserves – – (2,807) – – – – – – (2,807)
Acquisition of treasury shares – – – – – – (5,071) – – (5,071)
Carrying value adjustments – – – – – 7,458 – – – 7,458
Net income – – – – – – – – 139,294 139,294
Appropriations (Note 20):
Legal reserve – – – 6,964 – – – – (6,964) –
Statutory reserve – – – – 62,330 – – – (62,330) –
Approval/payment of proposed additional dividend – – – – – – – (7,942) – (7,942)
Dividends (R$0.2621 per share) – – – – – – – – (25,909) (25,909)
Interest on own capital (R$0,4460 per share) – – – – – – – – (44,091) (44,091)
At June 30, 2012 796,048 139,635 11,225 22,546 226,487 5,997 (5,071) 18,784 – 1,215,651
At December 31, 2012 935,683 – 11,685 24,954 242,238 (423) (12,750) 18,559 – 1,219,946
Capital increase (Note 20) 31,576 – – – – – – – – 31,576
Other capital reserves – – (3,452) – – – – – – (3,452)
Acquisition/Sale of treasury shares – – – – – – (9,333) – – (9,333)
Carrying value adjustments – – – – – (10,637) – – – (10,637)
Net income – – – – – – – – 124,459 124,459
Appropriations (Note 20):
Legal reserve – – – 6,223 – – – – (6,223) –
Statutory reserve – – – – 28,236 – – – (28,236) –
Approval/payment of proposed additional dividend – – – – – – – 1,883 – 1,883
Prepaid dividends (R$0.4009 per share) – – – – – – – – (43,666) (43,666)
Interest on own capital (R$0.4254 per share) – – – – – – – – (46,334) (46,334)
At September 30, 2013 967,259 – 8,233 31,177 270,474 (11,060) (22,083) 20,442 – 1,264,442

The accompanying notes are an integral part of these consolidated financial statements.

(A free translation of the original in Portuguese)

BANCO PINE S.A. AND SUBSIDIARIES

STATEMENTS OF CASH FLOWS (DIRECT METHOD) FOR THE PERIODS ENDED SEPTEMBER 30, 2013 AND 2012

(In thousanas of reais)

PINE

OPERATING ACTIVITIES

Adjusted net income

Net income for the six-month period

Allowance for loan losses

Deferred taxes

Depreciation and amortization

Provision for contingencies

Equity in the results of investee

Profit (loss) on sale of property and equipment/investment
Adjustments to fair value of other investments

Changes in assets and liabilities

(Increase) decrease in short-term interbank investments
(Increase) decrease in marketable securities

(Increase) decrease in loan operations

(Increase) decrease in other receivables

(Increase) decrease in other assets

(Increase) decrease in interbank and interdepartmental accounts
(Increase) decrease in derivative financial instruments
Increase (decrease) in deposits

Increase (decrease) in purchase and sale commitments
Increase (decrease) in funds from acceptance and issuance of securities
Increase (decrease) in borrowings and onlendings
Increase (decrease) in other liabilities

Increase (decrease) in deferred income

Net cash provided by (used in) operating activities

INVESTING ACTIVITIES

Acquisition/sale of property and equipment in use
Investments in intangible assets

Acquisition of investments

Capital increase in subsidiaries

Net cash used in investing activities

FINANCING ACTIVITIES

Capital increase

Other capital reserves

Acquisition of treasury shares

Interest on own capital and dividends paid
Net cash used in financing activities

INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS
Cash and cash equivalents at the beginning of the period
Cash and cash equivalents at the end of the period

[163

189,415
124,459
74,299
14,983
4,298
(8,707)
(19,889)
(28)

541,604
36,787
1,825,200
(982,132)
(210,430)
(14,906)
6,776
(210,910)
(374,340)
(689,234)
213,208
621,456
305,752
14,377
731,019

(367)
(83)
(10,223)
(505)
(11,178)

31,576
(3,452)
(9,333)

(83,476)
(64,685)

655,156
423,396
1,078,552

195,316
139,294
64,620
21,909
3,001
3,676
(87,341)
157

(260,012)
(38,842)
1,346,538
(16,038)
(256,337)
(152,794)
13,529
(79,959)
(253,028)
(1,587,986)
338,951
389,823
39,550
(3,419)
(64,696)

(24,200)
(437)
(10)
(499)
(25,146)

139,638
(2,807)
(5,071)

(74,054)

57,706

(32,136)
321,996
289,860

PUE]

206,882
124,459
76,879

15,071
4,346
(8,707)

(28)
(5,138)
584,519
36,787
1,954,347
(900,873)
(217,043)
(14,946)
6,776
(210,910)
(395,183)
(1,003,292)
213,208
957,430
143,841
14,877
791,401

(1,288)
(85)
(67,984)

(69,357)

31,576
(3,452)
(9,333)

(83,476)
(64,685)

657,359
430,399
1,087,758

Consolidated
2012

232,754
139,294
64,734
21,818
3,073
3,676
159
(315,081)
(88,843)
1,305,342
85,224
(274,126)
(152,794)
13,529
(79,959)
(271,642)
(1,587,986)
338,951
312,959
39,765
(5,501)
(82,327)

(24,127)
(441)

(24,568)

139,638
(2,807)
(5,071)

(74,054)

57,706

(49,189)
339,767
290,578

The accompanying notes are an integral part of these consolidated financial statements.

FEDERAL PUBLIC SERVICE MA
PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

1. Operations

Banco Pine S.A. (the “Institution” or “Banco Pine”) is authorized to operate commercial, credit and financing and foreign exchange portfolios.
The Institution’s operations are conducted in the context of a group of institutions which act jointly, and certain transactions involve the co-participation or intermediation of other members
of the Pine Financial Group. The benefits from the intercompany services and the costs for the operating and administrative structures are absorbed, either jointly or individually, by these
companies as is most practicable and reasonable in the circumstances.

2. PRESENTATION OF FINANCIAL STATEMENTS

This presentation consists of the financial statements of Banco Pine, which include those of its Grand Cayman Branch and Pine Securities (Individual) and the consolidated financial
statements of Banco Pine and Subsidiaries (Consolidated).
The financial statements are presented in reais (R$), which is the Institution’s functional currency and that of its foreign branch and subsidiary. Unless otherwise indicated, the financial
information expressed in reais was rounded to the nearest thousand.

In compliance with Resolution 505/06, of the Brazilian Securities Commission (CVM), the Indi
issue on September 30, 2013, by the Institution’s Board of Directors, among other matters.
The consolidated financial statements consider the transactions of Banco Pine S.A., including its branch and subsidiary abroad, its direct and indirect subsidiaries and the special
purpose entity presented below:

idual and Consolidated Financial Statements, as at October 30, 2013, were authorized for

09/30/2013
DTO
ESO (loss)

Foreign Branches and Subsidiaries

Grand Cayman Branch Branch abroad 799,084 6,690 81,924 (8.372)
Subsidiaries

Pine Securities USA LLC (3) Broker Dealer 12,751 11,150 8,676 (1.264)
Pine Investimentos Distribuidora de Títulos e Valores Mobiliários Ltda. Securities dealer 261,490 13,384 41,186 3,113

Pine Comercializadora de Energia Elétrica Ltda (4)

Consulting 84,322 77,400 83,182 2,753

Pine Corretora de Seguros Ltda. (1) Insurance broker 242 500 241 7
Pine Assessoria e Consultoria Ltda. (1) Consulting 37,991 500 37,259 1,750
Pine Assessoria em Comercializagáo de Energia (4) Consulting 44 60 44 a
Pine Planejamento e Servigos Ltda (2) Consulting 18,703 10 17,934 13,815
Pine Crédito Privado Fundo de Investimento em Direitos Creditórios Financeiros (a) FIDO 85,831 60,823 85,798 9,871
FIP Rio Corporate – Fundo De Investimento Em Participacoes (b) (5) Private equity 100,004 55,000 84,810 15,711
IRE VII Desenvolvimento Imobiliário S/A (c) (6) SPE 58,220 – 45,781 (785)
Fundo de Investimento em Direitos Creditórios – FIDC Pine Agro (d) (7) FIDC 574,092 571,428 574,026 2,598

12/31/2012
NT

ESO (loss)

Foreign Branches and Subsi

Grand Cayman Branch Branch abroad 461,437 6,064 76,891 (12,945)
Subsi

Pine Securities USA LLC (3) Broker Dealer 9,203 10,218 9,106 (1,111)
Pine Investimentos Distribuidora de Títulos e Valores Mobilários Ltda. Securities dealer 200,158 13,384 38,074 5,774
Pine Comercializadora de Energia Elétrica Ltda (3) Consulting 80,944 77,400 80,429 (165)
Pine Corretora de Seguros Ltda. (1) Insurance broker 285 500 234 (278)
Pine Assessoria e Consultoria Ltda. (1) Consulting 35,468 1 35,009 33,396
Pine Assessoria em Comercializagáo de Energia (3) Consulting 3 10 3 7
Pine Planejamento e Servigos Ltda (2) Consulting 4,984 10 4,117 4,107.

Pine Crédito Privado Fundo de Investimento em Direitos Creditórios Financeiros (a) FIDC 178,506 110,594 178,466 35,966

“Pine Assessoria e Consuloria Lida and Pine Coretora de Seguros Lida, were consttuted on December 12, 2011. Capitlis AS500, comprisin 500 shares, fuly subscribed and paid up in local curency in December 2012.

(2 Pine Planejamento o Serdigos Ltda. was constiuted on Juno 26, 2012. Capal is RS1O, comprising 10,000 shares of RS! each, fuly subscribed and paid up in local curency and distributed as folows between he partners: Pine Comercializadora de Energia Eltrica with
0.01% and the Institution with 99.99%

(3) Pine Securities USA LLC was constituted in October 2012. Capital is RA$10,000.
(4) Pine Comercializadora de Energía Elétrica Ltda. holds 90% of Pine Assessoria em Comercializagáo de Energia.
(5) FIP Rio Corporate was consttuted on April 18, 2013 and on May 15, 2013, the Institution paid in 42,000 shares.

(6) On May 16, 2013, through FIP Rio Corporate, the Institution acquired 100% of the shares of IRE VIl Desenvolvimento Imobilário Ltda.
(4) Pine Comercializadora de Energía Elétrica Ltda. holds 90% of Pine Assessoria em Comercializagáo de Energia.
(6) FIDC Pine Agro was constituted on September 16, 2013 and on September 17, 2013, the Institution paid in 171,428,571 shares.

a) Pine Crédito Privado

Since the control over receivables assigned to this receivables investment fund (FIDC) still lies with the Institution (receipt, transfer and collection) and, in essence, the Institution is
responsible for providing the guarantees to the FIDC’s investors as regards expected receivables and yield, management decided to consolidate the FIDC, as provided for in CVM Circular
01/07.

In accordance with Article 5 of CVM Instruction 408/04, we present below the information on Pine Crédito Privado, considered in preparing the consolidated financial statement:

i) Name, nature, purpose and activities of the FIDC.
Pine Crédito Privado Fundo de Investimento em Direitos Creditórios Financeiros, managed by Citibank Distribuidora de Títulos e Valores Mobiliários S/A., was constituted as a closed
fund on December 7, 2010. Distribution commenced on March 28, 2011. The Fund offered 207,000 senior shares at the unit value of RS1. The distribution period ended on April 6, 2011.
The Fund will terminate its activities in up to 180 days from the date on which the Senior Shares outstanding are redeemed in full (54 months subsequent to the Fund’s distribution date).

The purpose of the Fund is to increase shareholder value, exclusively through the acquisition of financial segment Credit Rights, on business loans (working capital), originated and
assigned by Pine, which meet the Qualifying Criteria, as well as the portfolio composition and diversification indices established in the Regulation. As an additional activity, the Fund will
also make investments in Other Assets.

ii) Investment in the equity and results of the FIDC
In accordance with Article 24, section XV, of CVM Instruction 356, as amended by CVM Instruction 393, and Chapter 21 of the Fund Regulation, 69% of the Fund’s equity will comprise
senior shares and 31% will comprise subordinated shares. This ratio will be determined daily and shall be made available for consultation monthly by the Fund’s shareholders.

Página 8

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Nature of the Institution’s involvement with the FIDC and type of exposure to loss, if any, arising from this involvement.
Verification of whether the credit rights meet the assignment terms is, pursuant to the assignment agreement, the sole responsibility of the assignor (Banco Pine), without limiting the
assignee’s (Fund) right, either directly or through third parties, to also conduct such verification.

Non-compliance with any obligation originating from the credit rights and other active components of the Fund’s portfolio, is attributed to the subordinated shares up to the limit
corresponding to the sum of their total value. Once this total has been exceeded, the default of credit rights held by the Fund is attributed to the senior shares. The subordinated shares
do not have a profitability target, however, they may benefit from any surplus yield generated by the credit right portfolio.

In the event the percentage of subordinated shares falls below 31% of the Fund’s equity, the Institution shall have five business days to recoup this minimum ratio, through the
subscription of new subordinated shares, and if this does not occur, the management entity shall call an Evaluation Event under the terms of the Fund regulations. In the event the
subordinated shares comprise more than 31% of the Fund’s Equity, the management entity may partially amortize the subordinated shares in the amount necessary to rebalance this ratio.

iv) Amount and nature of the receivables, payables, income and expenses between the Institution and the FIDC, assets transferred by the Institution and rights of use over
the FIDC assets.
No loans were assigned to the FIDC for the period ended September 30, 2013 and 2012.

Additionally, on account of its investment in subordinated shares in this Fund, at September 30, 2013, the Institution recognized a loss of R$ 887 for the quarter and R$ 1,926 for the nine
period ended September 30, 2013 (Income of R$ 4,410 for the quarter and R$14,402 for nine-month periods ended September 30, 2012 ) in the “marketable securities” account.

v) Total assets, liabilities and equity of the FIDC at September 30, 2013 and December 31, 2012:

ESIEGA 12/31/2012
Current assets and Longxxterm receivables 7,004 Current li 33 40
Cash 1 Otherliabilties 33 40
Short-term interbank investments 7,003

Marketable securities 12,697 19,884

Loan operations 72,131 151,618 Equity 85,798 178,466
Total assets 85,831 178,506 – Total liabilities and equity 85,798 178,506

vi) Guarantees, securities, mortgages or other collateral pledged in favor of the FIDC.
Banco Pine has provided no guarantee, surety, mortgage or any other collateral in favor of the FIDC or its investors.

vii) Identification of the principal beneficiar or group of principal beneficiaries of the FIDC’s activities.
Banco Pine is the sole holder of all the subordinated shares of this Fund. The senior shares are held by different qualified investors.

b) FIP Rio Corporate
Since its institution the sole shareholder has been the FIP and this is a Private Equity Fund, Management decided to consolidate the FIP, pursuant to resolution 2723 of May 31, 2000 the
Central Bank of Brazil.

i) Name, nature, purpose and activities of the FIP.

FIP Rio Corporate, administered by BNY Mellon Financial Services Distributor Securities SA was set up in the form of condominium on April 18, 2013. The Fund offered 100,000 shares
with a par value of R$ 1. The closing date for the distribution is 30 months from the date of the first payment of quotas, which was on May 15, 2013. The Fund will terminate their activities
five years from the date of the first payment of shares, which may be extended, upon proposal by the Manager and at the General Meeting of Shareholders.

The purpose of the Fund is to increase shareholders invested capital appreciation over the long term by investing in shares of the Company, whose exclusive purpose is the development
and economic exploitation, through leasing and sale of real estate enterprise.

ii) Total assets, lial

09/30/2013] 09/30/2013

ies and equity of the FIP at September 30, 2013:

Current assets 100,004 Current liabilities 15,194
Cash 1 Otherliabities 15,194
Marketable securities – Trading 100,003
Investment fund quotas 2,057
Shares of companies 97,946 Equity 84,810
Total assets 100,004 ties and equity 100,004

C) IRE VII Desenvolvimento Imobiliário S/A

Since it has control over the SPE’s activities, the Institution’s management decided to consolidate IRE VIl Desenvolvimento Imobiliário S/A, in accordance with the provisions of CVM
Instruction 408/04.

i) Name, nature, purpose and activities of the SPE
IRE VIII Desenvolvimento Imobiliário S/A was constituted as a corporation on December 9, 2010. Its main activities include the management, purchase, sale and rental of properties
owned by itself or by third parties; real estate development and investment in other companies as a partner or shareholder.

ii) Investment in the equity and results of the SPE

On May 16, 2013, through FIP Rio Corporate, the Institution acquired 100% of the shares of IRE VII Desenvolvimento Imobiliário Ltda.

Total assets,

‘s and eq of the SPE at September 30, 2013:

09)

Current assets
Cash

Marketable securities – Trading
Other receivables

Permanet Assets 35,056 Equity 45,781
Property 35.056
Total assets 58,220 ties and equity 58,220

Página 9

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

(In thousands of reals, unless olhermise stated)

d) FIDC Pine Agro

Because the Bank remains with the risks and benefits of credits assigned to the Fund by acquiring 100% of the subordinated shares, the Bank’s management decided to consolidate the
FIDC Pine Agro, as provided in Official – Circular CVM. No. 01 / 07.

¡) Name, nature, purpose and activities of the FIDC

Fund Credit Rights – FDIC Pine Agro , administered by Oliveira Trust Distributor Securities SA was set up in the form of condominium on September 16, 2013 . Its equity will consist of two
classes of shares , the senior shares and subordinated shares , in accordance with Article 12 of CVM Instruction 356 / 01 . The first offer of senior shares of the fund will be held in
accordance with Instruction 476 / 09 , and will be used only by Qualified Investors , acquiring a minimum amount of R$ 1,000 ( one million R$ ). The Fund has undetermined length period.

Santander Brazil SA has been entrusted by the Fund to be responsible for the provision of services to the Fund, controllership of Fund , qualified custody of assets in the portfolio ,
custody of evidentiary documents and bookkeeping of quotas .

The objective of the Fund is to provide long term income to Shareholders by investing the Fund’s resources in the acquisition of credit rights from arising (1) loan transactions originated
and issued by the transferor, either exclusively or syndicatea, to their customers in the sectors of activity, and (ii) debentures issued by clients, active in sectors of activity, the title of the
transferor, who may rely on warranties, guarantees among them, that meet the conditions of assignment and eligibility criteria, subject to all composition indices and portfolio
diversification established in the Fund Regulation.

The Fund may purchase receivables originated and granted by the transferor in the following business segments : (i) sugar and alcohol, (ii) agriculture ( primary production ),, (iii)
retailers and distributors in the food industry , ( iv ) animal protein ; (v) grains (vi ) beverages (vii ) renewable energy (viii) trading , (ix ) agricultural raw materials , (x) pulp and paper, (
xi ) value-added products .

il) Participation in the equity and results of the FIDC .

In accordance with Article 24, item XV , of CVM . No. 356, as amended by CVM Instruction n . 393, and Chapter 21 of the Rules of the Fund, the relationship between the value of the
senior shares and shareholders’ equity of the Fund is 70%. This means that the Fund should have 30 % of its assets represented by subordinated quotas . This ratio will be calculated
daily and made available to the shareholders of the Fund monthly.

) Nature of involvement with the FIDC and type of exposure to losses , if any, arising from this involvement .

The verification framework the conditions of receivables of assignment is in the form of the transfer agreement, the sole responsibility of the Custodian , subject to the right of the
assignee (the Fund) , directly or through third parties , also to perform such verification .

Non-compliance with any pecuniary obligation related to credit rights by the drawees and other assets arising from by the drawees the components of the Fund’s portfolio is allocated to
the subordinated shares up to a limit equivalent to the sum of their total .

Once is exceeded this sum , default credit rights of the Fund are allocated to senior shares . Subordinated shares do not have a profitability goal , but should benefit from any excess
returns generated by the portfolio of receivables .

In the event of failure of the percentage of subordinated shares representing less than 30 % of the net assets of the Fund, the Bank , upon request of the Administrator , shall subscribe
for new subordinated quotas within a maximum of 5 calendar days , in order to achieve a gear ratio equivalent to the ratio warranty . If the non-compliance is not remedied within the
specified period of time, the Administrator shall call upon the General Meeting of Shareholders in order to resolves (1) the early liquidation of the fund or (ii ) amortization extraordinary .

iv) Amount and nature of receivables, liabilities , income and expenses between the company and the FIDC , assets transferred by the company and rights to use assets from
FIDC .

In the period ended September 30, 2013, there have been assigned operations for the FDIC in the amount of R $ 196,785 .

Additionally , due to the maintenance of investments in subordinated shares in this Fund , the Bank recognized in the period ended September 30, 2013 , revenue of R $ 1,673 in the nine-
month period ended September 30, 2013 , recognized in the caption ” income from operations with securities .”

09)

E

Current assets 574,092 Current liabilities

Cash 10. Otherfabilties

Short-term interbank investments 291,170

Marketable securities – Trading 97,938 Equity 574,026
Loan operations 184,973

Other receivables 1

Total assets 574,092 574,092

vi) Guarantees, sureties, mortgages or other colateral in favor of the FIDC .
Banco Pine has provided no guarantee, surety , mortgage or other collateral in favor of the Fund or its investors .

vii ) Identification of the principal beneficiary or group of beneficiaries of the main activities of the FDIC .
Banco Pine is the holder of all of the subordinated shares of the Fund, of which the senior shares belong to several qualified investors .

Página 10

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

(In thousands of reals, unless olhermise stated)

3. SIGNIFICANT ACCOUNTING PRACTICES
The financial statements of Banco Pine are prepared and presented in accordance with the accounting practices adopted in Brazil applicable to institutions authorized to operate by the
Brazilian Central Bank (BACEN) and to corporations and by the Brazilian Securities Commission (CVM), where applicable.

The standards issued by the Brazilian Accounting Pronouncements Committee (CPC) related to the process of convergence with international accounting standards, approved by CVM,
but not yet ratified by BACEN, were not adopted in the consolidated balance sheets. The standards approved by CVM which did not conflict with the rules of the National Monetary Council
(CMN) and BACEN and those which had been ratified by BACEN were adopted for the disclosure purposes of these financial statements.

We present below the main accounting practices used:
a) Consolidation

The balances and the results of the transactions between Banco Pine and its subsidiaries Pine Securities, Pine Investimentos, Pine Comercializadora, Pine Corretora, Pine Assessoria
and Pine Assessoria em Comercializagáo de Energia and Pine Planejamento were eliminated in the consolidated statements. In the consolidation process of FIDC and FIDC Pine Agro,
the balance of the loan assignment receivables portfolio was included in the Institution’s loan operations portfolio, with a corresponding entry for the senior shares in the “Borrowings and
onlendings – local”, account, net of investments in investment fund shares, comprising the shares held of this Fund.

b) Determination of the results from operations

Revenues and expenses are recorded on the accrual basis of accounting, which establishes that revenues and expenses should be included in the determination of the results for the
periods in which they occur, simultaneously when correlated, irrespective of their receipt or payment.

Financial revenue and expenses are prorated, based substantially on the exponential method.

Transactions with floating rates or those indexed to foreign currencies are adjusted up to the balance sheet date.

c) Cash and cash equivalents

Cash and cash equivalents comprise cash in local and foreign currencies, short-term financial investments and time deposits, with maturities at the original investment date equal to or
less than 90 days and which present an immaterial risk of change in fair value. These are used by the Institution to manage its short-term commitments.

d) Short-term interbank investments

Short-term interbank investments are presented at cost plus related earnings up to the balance sheet dates.

e) Marketable securities

In accordance with BACEN Circular 3068, the Institutions securities are classified in the following categories: “trading securities”.
securities”.

Trading securities are those acquired to be traded on a frequent and active basis. These securities are presented at cost plus related eamings up to the balance sheet dates and adjusted
based on fair value with the adjustments recorded in the corresponding revenue or expense account in results for the period.

vailable-for-sale securities” and “held-to-maturity

The securities classified as available for sale are those for which Management has no intention to hold to maturity or which were not acquired to be traded on a frequent and active basis.
These securities are recorded at cost plus related earnings up to the balance sheet dates and are adjusted to market value against the “Carrying value adjustments” account in equity, net
of tax effects.

The securities classified as held to maturity are those which management acquires with the intention and financial ability to hold in its portfolio to maturity. These securities are recorded at
cost plus related eamings. Premium and discount, where applicable, are appropriated to results based on the term of the individual securities.

Trading securities are presented in current assets, irrespective of their maturities.
1) Derivative financial instruments

In accordance with BACEN Circular 3082/02 and Circular Letter 3026/02, the derivative financial instruments related to transactions with options, forward transactions, futures and swaps
are recorded in compliance with the following criteria:

Options: premiums paid or received are recorded in assets or liabilities, respectively, until the options are effectively exercised and recorded as a decrease or increase in the cost of
the asset or right, based on the effective exercise of the option, or as revenue or expense in the case of non-exercise;

Futures: daily adjustments are recorded in an asset or liability account and appropriated daily as revenue or expense;

Swaps: differences receivable or payable are recorded in an asset or liability account, respectively, and appropriated as revenue or expense on a pro rata basis up to the balance
sheet date;

Forward contracts: recorded at the contract closing amount, less the difference between this amount and the spot price of the asset or right, recognizing the revenue and expense
over the term of the contract up to the balance sheet date.
The derivative financial instruments are measured at fair value, with the corresponding gains or losses recorded as follows:

Derivative financial instruments which do not qualify as hedges, as revenue or expense in results for the period

Financial instruments which meet hedging criteria are classified either as fair value or cash flow hedges.
Fair value hedges are designed to offset risks arising from the exposure to fluctuations in the market value of the hedged item. The instruments and hedged items are adjusted to fair value
and recorded in a profit or loss account.

9) Loan operations and allowance for loan losses

The loan operations are classified, as regards risk level, based on criteria which consider current economic conditions, past experience and the specific risks related to the transactions,
the borrowers and the guarantors, in compliance with the parameters established by CMN Resolution 2682/99, which require the periodic analysis of the portfolio and its classification into
nine levels (from “AA” to “H”).

Income from loan operations past due for more than 60 days, regardless of the risk level, is only recognized as revenue on the date it is effectively received.

H-rated operations (allowance recorded at 100%) remain at this level for six months, and are subsequently written off against the existing allowance and controlled over a five-year period
in memorandum accounts and are no longer presented in the balance sheet.

Renegotiated loans are held at the same level at which they were originally classified at the time of the renegotiation.

Renegotiated loans which had already been written off as losses and which were recorded in memorandum accounts, are H rated, and any gains arising from the renegotiation are only
recognized when actually received.

The allowance for loan losses meets the minimum requirement established by the aforementioned Resolution, as described in Note 7.

Página 11

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

(In thousands of reals, unless olhermise stated)

h) Derecognition of financial assets

As determined by the Brazilian Central Bank Resolution No. 3.533/08 , the derecognition of a financial asset occurs when the contractual rights to cash flows from the financial asset
expire or when there is a sale or transfer of the financial asset .
The sale or transfer of a financial asset should be classified in the following categories

. Operations with substantial transfer of risks and benefits : the transferor has transferred substantially all risks and rewards of ownership of the financial assets involved in the transaction
. such as : (1) unconditional sale of financial assets , (ii) sale of the financial asset together with an option repurchase at fair value of the asset at the time of repurchase , and ( iii) sale of
a financial asset together with an option to buy or sell the exercise which is unlikely to occur ;

. Operations with substantial retention of risks and benefits : the transferor retains substantially all the risks and rewards of ownership of the financial assets involved in the transaction ,
such as : (1) the sale of the financial asset together with a commitment to repurchase the same asset at a fixed price or the sale price of any added income, (ii ) contracts for securities
lending and securities, (ii) sale of the financial asset together with a contract rate swap that transfers the total return exposure to market risk back to transferor, (iv) the sale of the
financial asset together with an option to buy or sell whose exercise is likely to occur , and ( v) sale of receivables for which the seller or transferor guarantees in any way compensate the
purchaser or transferee for credit losses that may occur , or the sale occurred in conjunction with the acquisition of the subordinated Investment Fund (FIDC ) buyer , and

– Operations without transfer or substantial retention of risks and benefits : are classified operations in which the transferor neither transfers nor retains substantially all the risks and
rewards of ownership of the financial assets involved in the transaction .
The allowance for loan losses follows the guidelines established by Resolution No. 2.682/99 of the Central Bank.

i) Prepaid expenses
These are controlled by contract and recorded under prepaid expenses account. The expenses are appropriated to results for the period based on the corresponding contract term and
recorded in the “Other administrative expenses” account.

) Other current assets and long-term receivables

These are stated at cost, including, where applicable, related accrued income and monetary variations, less the corresponding provisions for loss or adjustments to realizable value.

k) Permanent assets

These assets are stated at cost and consider the following:
Investments in subsidiaries are accounted for using the equity method
. Property and equipment items correspond to rights in tangible assets which are used in the Institution’s business activities, or exercised for this purpose, including those arising from
transactions which transfer the risks, benefits and control of assets to the entity.
Depreciation of property and equipment is computed and recorded on the straight-line method at annual rates which consider the economic useful lives of the assets
Intangible assets correspond to the rights acquired in non-physical assets which are used in the Institution’s business or which are exercised for this purpose. The intangible assets
with identifiable useful lives are generally amortized on the straight-line method over the estimated period of economic benefit.

1) Impairment of non-financial assets

An impairment loss is recognized if the carrying amount of an asset or its cash generating unit exceeds its recoverable amount. A cash generating unit is the smallest identifiable group of
assets that generates cash flows that are largely independent of the cash flows from other assets or groups of assets. Impairment losses are recognized in results for the period. The non-
financial asset amounts, except for deferred tax assets are tested, at least, annually to determine whether there is any indication of impairment.

m) Purchase and sale commitments

The purchase (sale) of financial assets based on a fixed price resale (repurchase) contract is recorded in the consolidated balance sheet as financing granted (received), based on the
nature of the debtor (creditor). in the “Funds obtained in the open market” account.

n) Current and long-term liabilities

These are stated at known or estimated amounts including, where applicable, accrued charges and monetary or exchange variations up to the balance sheet dates.

0) Contingent assets and liabilities and legal obligations

The recognition, measurement and disclosure of contingent assets and liabilities, and legal obligations (tax and social security) are based on the criteria defined in Resolution 3823/09,
and Letter Circular 3429/10, which approved CPC Technical Pronouncement 25, as follows:

Contingent assets: are not recorded in the financial statements, except when there is evidence which assures a high degree of confidence that they will be realized, generally
through a final and unappealable court decision.

Contingent liabilities: the reserve for contingencies is determined based on the probability of an unfavorable sentence or outcome of the related litigation, as well as the probable
period of the loss. The necessary reserve is calculated based on an analysis of each process and the opinion of the legal advisors. Reserves are recorded for processes in which the
possibility of loss is deemed probable. The reserves may be changed in the future, based on the progress of each suit; When the probability of loss is deemed possible, no provision is
recorded and the related suits are merely disclosed;

Legal obligations (tax and social security): these comprise administrative proceedings or lawsuits related to tax and social security obligations, the legality or constitutionality of which
is being contested, whose amounts, regardless of the related probability of success, are recorded at the full amount in dispute and adjusted in accordance with the legislation in force.

p) Provision for income tax and social contribution

The provisions for income tax and social contribution are recorded at the following statutory rates: income tax – 15%, plus a 10% surcharge on taxable income exceeding R$ 60 (for the
quarter), R$ 180 (for the nine months) and social contribution – 15%. Further, deferred tax assets are recorded on temporary differences based on the assumption that the future taxable
income generated by the Institution will be sufficient to offset these assets.

In accordance with Provisional Measure (MP) 449/08, subsequently enacted into Law 11941/09, the changes in the criteria used to recognize revenue, costs and expenses computed in
determining net income, introduced by Law 11638/07 and by Articles 36 and 37 of the MP, may be ignored for purposes of calculating the taxable income if companies elect to use the
Transitional Tax System (RT). In this case, for tax purposes, the accounting methods and criteria in force at December 31, 2007 will be followed.

Página 12

FEDERAL PUBLIC SERVICE FA PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

a) Profit sharing

Banco Pine has its own profit sharing program (PPLR) ratified by the Bank Employees Trade Union.
The general assumptions of this program are: (a) business unit performance; (b) establishment of a fund for distribution across the organization; and (c) assessment of the skills and the
meeting of targets in the supporting areas. The related expenses were recognized in the “Profit sharing” account”.

r) Use of estimates

The preparation of financial statements requires Management to make estimates and assumptions, to the best of its judgment, that affect the reported amounts of certain assets, liabilities,
revenues and expenses and other transactions, such as the fair value of assets and derivatives and the allowance for loan losses, the establishing of the period for realizing deferred tax
assets, property and equipment depreciation rates, amortization of deferred charges and reserves for contingences and others. Actual results may differ from these estimates.

s) Net income per share
This is calculated based on the number of outstanding shares paid up at the date of the financial statements.

4. CASH AND CASH EQUIVALENTS

Consolidated

Cash 273,008 126,111 281,218 126,111
Short-term interbank investments(1) 805,544 297,285 806,540 304,288
Total cash and cash equivalents 1,078,552 423,396 1,087,758 430,399

1) These are transactons wih maturiies al the original investment date equal to or less than 90 days.
5. INTERBANK DEPOSITS

Interbank investments at September 30, 2013 and December 31, 2012, are comprised as follows:

From 3 to 12
Security/Maturity MARS ES AE O

Financial Treasury Bills (LFT) – – 9,994 – 9.994
National Treasury Bills (LTN) – 9,999 66,799 48,830 125,628
Federal Treasury Notes (NTN) – – 10,000 – 10,000
Subtotal – 9,999 86,793 48,830 145,622
Financed position
LTN 291,170 – – – 291,170
Subtotal 291,170 – – – 291,170
Third-party portfolio posi
LIN – – – 4,244 4,244
Subtotal – – – 4,244 4,244
Total investments in purchase and sale

commitments 291,170 9,999 86,793 53,074 441,036
Interbank deposits
Own portfolio
Floating
rate CDI 21,072 28,696 – – 49,768
Rural CD!

101 19,643 – – 13,744

Subtotal 21,173 42,339 – – 63,512
Floating
rate CDI – – – – –
Subtotal – – – – –
Total interbank

deposits 21,173 42,339 – – 63,512
Foreign currency investments
Foreign currency investments 364,507 – – – 364,507
Total foreign currency investments 364,507 – – – 364,507
Total interbank

investments 676,850 52,338 86,793 53,074 869,055

From 3 to 12
Security/Maturity MAS months. A O

Investments in purchase and sale commitments
Own portfolio position

Financial Treasury Bills (LFT) – – 9,994 – 9,994
National Treasury Bills (LTN) 292,167 9,999 66,799 48,830 417,795
Federal Treasury Notes (NTN) – – 10,000 – 10,000
Subtotal
292,167 9,999 86,793 48,830 437,789
Third-party portfolio posi
LTN – . – 4,244 4,244
Subtotal
– – – 4,244 4,244
Total investments in purchase and sale
commitments 292,167 9,999 86,793 53,074 442,033
Interbank depo:
Own portfolio
Floating
rate CDI 21,072 28,696 – – 49,768
Rural CDI
101 13,643 – – 13,744
Subtotal 21,173 42,339 – – 63,512
Total interbank
deposits 21,173 42,339 – – 63,512
Foreign currency investments
Foreign currency investments 364,507 – – – 364,507
Total foreign currency investments 364,507 – – – 364,507
Total interbank
investments 677,847 52,338 86,793 53,074 870,052

Página 13

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

From 3 to 12
Security/Maturity ACES TS

LFT 110,029 – 110,029
LTN 74,150 – 74,150
NTN 95,026 – 95,026
Subtotal
279,205 – 279,205
Total investments in purchase and sale
commitments 279,205 – 279,205
Interbank deposits
Own portfolio
Floating
rate CDI – 1,928 1,928
Rural CDI
4,651 22,119 26,770
Subtotal 4,651 24,047 28,698
Subject to guarantees
Floating
rate CDI 996 70,605 71,601
Subtotal 996 70,605 71,601
Total interbank
deposits 5,647 94,652 100,299
Foreign currency investments
Foreign currency investments 18,080 – 18,080
Total foreign currency investments 18,080 – 18,080
Total interbank
investments 302,932 94,652 397,584

Security/Maturity ACES

Investments in purchase and sale commitments
Own portfolio position

LFT 110,029 – 110,029
LTN 81,153 – 81,153
NTN 95,026 – 95,026
Subtotal
286,208 – 286,208
estments in purchase and sale
commitments 286,208 – 286,208
Interbank deposits
Own portfolio
Floating
rate CDI – 1,928 1,928
Rural CDI
4,651 22,119 26,770
Subtotal 4,651 24,047 28,698
Subject to guarantees
Floating
rate CDI 996 70,605 71,601
Subtotal 996 70,605 71,601
Total interbank
deposits 5,647 94,652 100,299
Foreign currency investments
Foreign currency investments 18,080 – 18,080
Total foreign currency investments 18,080 – 18,080
Total interbank
investments 309,935 94,652 404,587

Página 14

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)

06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

6. MARKETABLE SECURITIES AND DERIVATIVE FINANCIAL INSTRUMENTS
a) Marketable securities

The securities portfolio at September 30, 2013 and December 31, 2012 was comprised as follows:

AAN

EA

LIA] ACES A AO

Available-for-sale securities:

Own portfoli
National Treasury Bills (LTN) 99,966 72,294 – .
Federal Treasury Notes (NTN) – – 130,147 33,373
Debentures – – 27,347 108,176
Receivables investment fund
shares – – 26,474 –
Certificates of Real Estate Receivables (CRI) 15,585 – – –
Subtotal 115,551 72,294 183,968 141,549
Subject to repurchase
commitments:
Debentures – – 19,949 30,193
Eurobonds – – – 10,058
Subtotal – – 19,949 40,251
Subject to
guarantees:
LTN – 15,631 – –
NTN – 71,343 62,084 14,645
Subtotal – 86,974 62,084 14,645
115,551 159,268 266,001 196,445
– 38,308 3,964 –
– 36,312 55,841 49,296
Debentures – 715 24,791 12,020
Investment fund shares(2) 109,967 – – .
Private equity fund shares 70,711 – – .
Eurobonds – – – 2,244
Subtotal
180,678 75,335 84,596 63,560
Subject to repurchase
commitments:
LTN – 491,159 40,193 –
NTN – 50,107 – 33,342
Debentures – 9,100 40,984 54,951
Subtotal – 550,366 81,177 88,293
Subject to
guarantee:
LTN – 1,623 – –
NTN – – – 3,842
Subtotal – 1,623 – 3,842
Total trading
securities 180,678 627,324 165,773 155,695
Total sect 296,229 786,592 431,774 352,140

Página 15

3,722
173,101

176,823

163,955

63,955

240,778

9,612

9,612

10,393

10,393

20,005
260,783

172,260
163,520
139,245

199,575
15,585
690,185

114,097
10,058
124,155

15,631
148,072
163,703
978,043

42,272
151,061
37,526
109,967
70,711
2,244

413,781

531,952

99,842
105,035
730,229

1,623
3,842
5,465

1,149,475
2,127,518

09/30/2013

OEA

172,568
174,299
136.218

199,575
15,546
698,206

117.770
10,058
127,828

15,695
154,879
170,574
996,608

42,521
154,519
36,394
106,453
70,711
2,244

412,842

532,819

93,705
101,106
727,630

1.635
4,105
5,740

1,146,212
2,142,820

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Ia
ETT
WAS AS A A AO A

LTN 99,966 72,294 – – – 172,260 172,568
NTN – – 130,147 33,373 – 163,520 174,299
Debentures – – 27,347 108,176 3,722 139,245 136,218
Certificates of Real Estate Receivables (CRI) 15,585 – – – – 15,585 15,546
Subtotal 115,551 72,294 157,494 141,549 3,722 490,610 498,631
Subject to repurchase
commitments:
Debéntures – – 19,949 30,193 63,955 114,097 117,770
Eurobonds – – – 10,058 – 10,058 10,058
Subtotal – – 19,949 40,251 63,955 124,155 127,828
– 15,631 – – – 15,631 15,695
– 71,343 62,084 14,645 – 148,072 154,879
– 86,974 62,084 14,645 . 163,703 170,574
115,551 159,268 239,527 196,445 67,677 778,468 797,033
– 38,308 3,964 – – 42,272 42,521
– 138 12,559 – 86,539 99,236 99,236
– 36,312 55,841 49,296 9,612 151,061 154,519
Debentures – 9.815 38,578 12,020 – 60,413 59,181
Investment fund shares(2) 112,024 – – – – 112,024 108,510
Eurobonds – – – 2,244 – 2,244 2,244
Subtotal
112,024 84,573 110,942 63,560. 96,151 467,250 466,211
Subject to repurchase
commitments:
LTN – 491,159 40,193 – – 531,352 532,819
NTN – 50,107 – 33,342 10,393 93,842 93,705
Debentures – – 27,197 54,951 – 82,148 78,319
Subtotal . 541,266 67,390 88,293. 10,393 707,342 704,843
Subject to
guarantees:
LTN – 1,623 – – – 1,623 1,635
NTN – – – 3,842 – 3,842 4,105
Subtotal . 1,623 . 3,842 . 5,465 5,740
Total trading 112,024 627,462 178,332 155,695 106,544 1,180,057 1,176,794
227,575 786,730 417,859 352,140 174,221 1,958,525 1,973,827

a
From 3 to 12
CNN] ACES AS A AO AAA

Available-for-sale securities:

Own portfolio:
NTN – – 73,154 50,910 26,339 150,403 150,694.
Promissory note – 61,070 – – – 61,070 61,362
Eurobond – – – – 2,123 2,123 2,109
Receivables investment fund –
shares – – 59,731 – – 59,731 59.781
Investment fund shares(2) 337,047 – – – – 337,047 337,047
Certificates of Real Estate Receivables (CRI) – – 16,976 – – 16,976 17,250
Total available-tor-sale 337,047 61,070 149,861 50,910 28,462 627,350 628,193
securities
599,836 42,880 174,169 – – 816,885 811,377
209,704 – 83,912 38,437 22,078 354,131 345,710
Debentures – 95,207 44,398 106,309 – 245,914 239,976
Subtotal
809,540 138,087 302,479 144,746 22,078 1,416,930 1,397,063
Subject to repurchase
commitments:
LTN 1,680,794 – – – – 1,680,794 1,663,090
Debentures 167,161 – – – – 167,161 157,878
Subtotal 1,847,955 – – – – 1,847,955 1,820,968
Subject to
71,120 – – – – 71,120 70,837
71,120 – – – – 71,120 70,837
2,728,615 138,087 302,479 144,746 22,078 3,336,005 3,288,868
3,065,662 199,157 452,340 195,656 50,540 3,963,355 3,917,061

Página 16

FEDERAL PUBLIC SERVICE EEN] PIN
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Amounts marked to market
RETO
ACES TS A AO MATTE

Available-for-sale securities:

Own portfoli
NTN – – 73,154 50,910 26,339 150,403 150,694
Promissory note – 61,070 – – – 61,070 61,362
Eurobond – – – – 2,123 2,123 2,109
Investment fund shares(2) 337,047 – – 337,047 337,047
Certificates of Real Estate Receivables (CRI) – – 16,976 – – 16,976 17,250
ilable-for-sale

337,047 61,070 90,130 50,910 28,462 567,619 568,462

599,836 42,880 194,053 – – 836,769 831,261

209,704 – 83,912 38,437 22,078 354,131 345,710
Debentures – 95,207 44,398 106,309 – 245,914 239,976
Subtotal

809,540 138,087 322,363 144,746 22,078 1,436,814 1,416,947
Subject to repurchase

commitments:
LTN 1,680,794 – – – – 1,680,794 1,663,090
Debentures 167,161 – – – – 167,161 157,878
Subtotal 1,847,955 – – – – 1,847,955 1,820,968
Subject to
guarantee:
LTN 71,120 – – – – 71,120 70,837
Subtotal 71,120 – – – – 71,120 70,837
Total trading
2,728,615 138,087 322,363 144,746 22,078 3,355,889 3,308,752

Total securities 3,065,662 199,157 412,499 195,656 50,540 3,923,508 3,877,214

Total sect
(1) Securities classified in the trading” category are stated based on their maturity dates.

(2) The shares are composed of R $ 109,987 in the Individual and RS 112,024 in ho Consolidated (RS 338,601 in the Individual and Consotdated on December 31, 2012, not taking into consideraion a valuaion allowance of fund shares of RS 1,554), ol which: () RS 12,448 in

Ircividual and Consoldated (RS 251,304 in tho Individual and Consoldated on December 31, 2012) Pine CM Fund Mulimarkot Privato Credit (i) RS 97,523 in Individual and Consolidated (RS 87,297 the Individual and Consoldatad on December 31, 2012) Pine AB Capital

Fund Mulimarket Private Credit (on December 31, 2012 the quotas were composed by FICFI Mulimarket Credit Private Investment Abroad), and () RS 2,057 in consoldated FIP Rio Corporate – Investment Fund Participation. The assets comprsing funds are, mosty,

debentures, promissory notes and certcates of receivablestotaing R$ 530,509 (R$ 756,027 an December 31, 2012)(note 74)

At September 30, 2013 and December 31, 2012, there were no securities classified as “held to maturity”.

As established in Article 5 of BACEN Circular 3068/08 securities may only be reclassified on the date of the half yearly balance sheet. At September 30, 2013 and 2012, no securities
were reclassified. At December 31, 2012 securities “available for sale” were transferred to “trading” in the amount of RS 188,051, generating a positive impact on the gross amount of R$
12,527, R$ 7,516 net of tax, recorded in “Income from operations with securities.”

The market values of the securities recorded in the “available for sale” and “trading categories were determined based on the prices and rates practiced at September 30, 2013 and 2012,
disclosed by the Brazilian Association of Financial and Capital Market Institutions (ANBIMA), BM8/FBovespa S.A. – – Bolsa de Valores, Mercadorias e Futuros, by the investment fund
managers and by the international information agencies. The mark-to-market adjustment of the securities recorded in the “available for sale” category generated a loss of R$18,565 on an
Individual and Consolidated basis (December 31, 2012 – loss of R$ 843 on both an Individual and Consolidated basis), affecting the equity of the Institution by R$11,139 on an Individual
and Consolidated basis (December 31, 2012 – R$ 514 on an Individual and Consolidated basis), net of tax effects. The mark-to-market adjustment of the securities recorded in the
“trading” category resulted in a loss adjustment of R$ 3,263 on an Individual and Consolidated basis (December 31, 2012 – gain adjustment of R$ 47,137 in both the Individual and
Consolidated) in results.

b) Derivative financial instruments
i) Utilization policy

The growing level of company sophistication in a global market prompted an increase in the demand for derivative financial instruments to manage balance sheet exposure to market
risks, arising mainly from fluctuating interest and foreign exchange rates, the price of commodities and other asset prices. As a result, Banco Pine offers its customers alternatives for
mitigating market risks through appropriate instruments, as well as to meet its own needs for managing these risks.

ii) Management

The management of portfolio risks is controlled using techniques which include the following: VaR, sensitivity, liquidity risk and stress scenarios. Based on this information, the necessary
derivative financial instruments are contracted by the treasury department, pursuant to Management’s previously defined market and liquidity risk policy. Derivative transactions carried out
by Banco Pine with customers are neutralized to eliminate market risks.

The sale of derivative financial instruments to customers is subject to prior credit limit approval. The credit limit approval process also considers potential stress scenarios.

Knowing the customer, their operating sector and their risk appetite profile, as well as being able to provide information on the risks involved in the transaction and in the terms and
conditions negotiated, ensures that the relationship between the parties is transparent and permits the Institution to offer customers the products which are most appropriate to their
specific needs.

The majority of the derivative contracts negotiated by the Institution with customers in Brazil, comprise swaps, forward transactions, options and futures registered at BM8FBovespa or
CETIP S.A. – Balcáo Organizado de Ativos e Derivativos. The derivative contracts traded abroad comprise futures, forward transactions, options and swaps mainly registered at the
Chicago, New York and London exchanges. We stress that although certain trades abroad are carried out over-the-counter (OTC), the related risks are low in relation to the Institution’s
total transactions.

The main market risk factors monitored by Banco Pine include exchange rates, local interest rate volatility (fixed, reference rate (TR), General Price Index – Market (IGP-M) long-term
interest rate (TJLP) and Extended Consumer Price Index (IPCA)), exchange coupon and commodities. The Institution adopts a conservative approach, minimizing its exposure to risk
factors and to the mismatching of portfolio terms.

Página 17

FEDERAL PUBLIC SERVICE EN PINE
BRAZILIAN SECURITIES COMMISSION (CVM) M

Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Evaluation and measurement criteria, methods and assumptions used to determine fair value

The Institution uses the market reference rates disclosed principally by BM8FBovespa, Intercontinental Exchange (ICE) and Bloomberg to determine the fair value of the derivative
financial instruments. For derivatives whose prices are not directly disclosed by the exchanges, the fair values are obtained through pricing models that use market information,
determined based on the prices disclosed for assets with the greatest liquidity. Based on these prices, the Institution extracts the interest curves and market volatilities which are used as
entry data for the models. The OTC derivatives, forward contracts and securities with low liquidity are determined in this way.

iv) Amounts recorded in balance sheet and memorandum accounts, segregated into the following categories:
cost and fair values.

idex, counterparty, trading market, notional values, maturi

At September 30, 2013 and December 31, 2012, the derivative financial instrument positions are as follows:

COTE

ASSETS

Swap – difference receivable 49,101 249,194 298,295 160,665 155,436 216,101
Forward contracts- receivable 252.429 17,747 270,176 83,459 1,664 85,123
Premiums on unexercised options 96,756 3,308 100,064 36,109 – 36,109
Total receivable 398,286 270,249 668,535 180,233 157,100 337,833
LIABILITIES

Swap – difference payable (93,065) (18,372) (111,437) (15,215) (22,410) (87,625)
Fonward contracts- payable (38,902) (8,157) (42,059) (20,724) (923) (21,647)
Premiums on written options (64,123) (8,066) (67,189) (41,121) – (41,121)
Total payable (196,090) (24,595) (220,685) (77,060) (23,333) (100,393)
Net amount 202,196 245,654 447,850 103,173 133,767 236,940

v) Derivative financial instruments by index

COMERTE

IS GE

. 6,301,000 298,295 –
Interest 3,382,271 184,130 –
2,871,106 114,165 –
Currency
Variable income 47,623 – –
Li position: 6,301,000 – (111,437)
Interest 4,053,004 – (96,066)
2,247,996 – (15,371)
Currency
Net amount 298,295 (111,437) 86,907
Forward contracts
Asset position: 6,329,919 270,176 –
Interest 4,201,204 204,780 –
2,062,515 65,135 –
Currency
Commodities 166,200 261 –
Li position: 6,329,919 – (42,059)
Interest 1,928,307 – (17,984)
4,285,889 – (23,792)
Currency
Commodities 115,723 – (283)
Net amount 270,176 (42,059) 49,146
Options
Premium on unexercised options: 1,765,221 100,064 –
Currency 919,209 57,252
Commodities 846,012 42,812
Premiums on written options: 2,151,240 – (67,189)
Currency 1,429,038 – (83,573)
Commodities 722,202 – (33,616)
Net amount 100,064 (67,189) 39,577
Total receivable (payable) and gain (loss) 668,535 (220,685) 175,630

Página 18

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

MA PINE

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

COTE

OS GE
‘Swaj
Market risk
Asset position: 2,794,342 216,101 –
Interest 2,087,246 128,894 –
Currency 624,261 82,811 –
Commodities 19,028 47 –
Variable income 63,807 4,349 –
Liability position: 2,794,342 – (87,625)
Interest 1,919,358 – (22,581)
Currency 874,984 – (15,044)
Total swaps 216,101 (87,625) 141,681
Forward cc
Asset posi 2,579,250 85,123 –
Interest 555,181 8,032 –
Currency 1,874,333 73,297 –
Commodities 149,736 3,794, –
Liability position: 2,579,250 – (21,647)
Interest 1,374,880 – (8,839)
Currency 998,727 – (12,776)
Commodities 205,643 – (62)
Net amount 85,123 (21,647) 62,387
Options
Premium on unexercised options: 1,200,312 36,109 –
Currency 661,386 10,052 –
Commodities 538,926 26,057 –
Premiums on written options: 1,842,841 – (41,121)
Currency 1,160,633 – (15,859)
Commodities 682,208 – (25.262)
Net amount 36,109 (41,121) 15,585
Total receivable (payable) and gain (loss) 337,333 (100,393) 219,653

vi) Derivative financial instruments – futures contracts

COTE

y

y
adjustment
Notional amount O
Purchase (payable) GE

Interbank market: 1,840,232

2,474,525 (848)
Currency 1,912,267 – (27,202)

Commodities 145,582 142,361 –

Future exchange coupon: 637,793 1,694,028 15,955

Exchange Swap – 221,676 (3,707)

Total 4,535,824 4,532,590 (15,802) (32,972)

COMET

Daily
adjustment
EA O
Purchase ETS)

Interbank market: 960,004 878,988
Currency 840,567 48,362
Commodities 82,051 90,836
Future exchange coupon: 103,202 1,483,996

Exchange Swap – 61,272
Total 1,985,824 2,563,454 (155,315)

Página 19

FEDERAL PUBLIC SERVICE MY

BRAZILIAN SECURITIES COMMISSION (CVM) AN PINE
Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

vii) Derivative financial instruments by maturity

CAES)

AA

E EIN EOS
A TO AS A O
En] 2,426,030 2,070,863 790,208 550,494 463,405 6,301,000
Fonward contracts 5,049,985 978,131 301,803 – – 6,329,919
Options 2,707,423 1,107,881 101,157 – – 3,916,461
Futures 5,390,284 2,331,104 1,055,168 232,744 59,114

Individual and Consolidated

LEA

E EIN EOS
EAN TO AS AE LEO

Swap 481,799 566,993 699,801 784,868 260,881

Forward contracts 1,300,510 1,010,582 138,243 129,915 – 2,579,250
Options 1,955,485 1,087,668 – – – 3,043,153
Futures 1,309,109 1,637,072 1,000,668 544,056 58,873 4,549,278

Derivative financial instruments by trading market

At September 30, 2013 and December 31, 2012, the swaps, forward contracts and options, whose notional amounts are recorded in a memorandum account are comprised as follows:

COTE

AS TO AO

Exchange 185,560 53,290 2,358,376 8,978,562 145,521 151,117 1,842,470 4,549,278
BM8FBOVESPA 125,300 – 1,428,263 8,774,113 90,300 – 1,246,825 4,374,560
Exchanges abroad 60,260 53,290 930,113 204,449 55,221 151,117 596,145 174,718
OTC 6,115,440 6,276,629 1,558,085 89,852 2,648,821 2,428,133 1,200,683 –
Financial institutions 2,676,931 227,815 – 89,852 – – 22,683 –
Companies 3,438,509 6,048,814 1,558,085 – 2,648,821 2,428,133 1,178,000 –
Total 6,301,000 6,329,919 3,916,461 9,068,414 2,794,342 2,579,250 3,043,153 4,549,278

ix) Amount and type of guarantee margin

The margin amounts deposited in guarantee at September 30, 2013 and December 31, 2012 are comprised as follows:

CATA”

– Exchange clearing house – BMC

National Treasury Bills (LTN) 1,623 10,870
Subtotal 1,623 10,870
Guarantee margin – BM8FBovespa

LIN 15,631 60,250
NTN 131,454 –
Subtotal 147,085 60,250

20,460 –
20,460 .

169,168 71,120

Página 20

FEDERAL PUBLIC SERVICE EN PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

7. CREDIT PORTFOLIO, GUARANTEES PROVIDED AND SECURITIES WITH CREDIT RISK

We present below a summary of the loan operation portfolio information at September 30, 2013 and December 31, 2012:

a) By type of loan:

09/30/2013
30,378

Public sector 30,378 6,304

Working capital 2,645,161 2,186,731 2,718,847 2,338,349
Overdraft account 10,510 12,086 10,510 12,086
BNDES/FINAME onlending 990,145 852,643 990,145 852,643
Paycheck deductible loans 13,297 35,926 13,297 35,926
Foreign currency financing 345,128 280,156 345,128 280,156
Export financing 1,060,347 798,784 1,060,347 798,784
Direct consumer financing (CDC) – vehicles 16 227 16 227
Buyer financing (Compror) – 18,407 – 18,407
Subtotal – Loan operations 5,094,982 4,191,264 5,168,668 4,342,882
Debtors for purchase of assets(1) 109,629 114,120 109,629 114,120
Advances on foreign exchange contracts and income receivable (2) 571,263 491,539 571,263 491,539
Notes and credits receivable(1) 5,242 89,075 5,242 89,075
Credit portfolio 5,781,116 4,885,998 5,854,802 5,037,616
Loans for imports 48,088 8814 48,088 8,814
Guarantees provided 3,073,009 2,114,296 3,073,009 2,114,296
Coobligations in loan assignments – 334 – 334
Guarantees provided and respon: 3,121,097 2,123,444 3,121,097 2,123,444
Notes and credits receivable(1) 30,240 30,767 30,240 30,767
Corporate bonds (3) 530,509 756,027 530,509 756,027
Securities with credit risk 560,749 786,794 560,749 786,794
Total expanded portfo! 9,462,962 7,796,236 9,536,648 7,947,854

(1) Recorded in “Other receivables – sundry” (Note 9a).
(2) Recorded in “Foreign exchange portfolio” (Note 8).
(8) Mostly debentures, promissory notes and recelvables certificates in the funds” portfolio and in Banco Pine’s portfolio (Note 6(a)).

b) By matun
CET
Falling due
CT Amount

Up to 3 months 1,325,046 22.96 1,577 14.10 1,326,623 22.95
From 3 to 12 months 1,925,796 33.38 9,609 85.90 1,935,405 33.48
From 1 to 3 years 1,880,231 32.59 – – 1,880,231 32.52
From 3 to 5 years 470,113 8.15 – – 470,113 8.12
From 5 to 15 years 168,744 292 – – 168,744 2.93
Total credit portfolio 5,769,930 100.00 11,186 100.00 5,781,116 100.00
Up to 3 months 532,393 17.06 51 100.00 532,444 17.06
From 3 to 12 months 822,450 26.35 – – 822,450 26.35
From 1 to 3 years 1,032,113 33.07 – – 1,032,113 33.07
From 3 to 5 years 729,033 23.36 – – 729,033. 23.36
From 5 to 15 years 5,057 0.16 – – 5,057 0.16
Total guarantees provided and responsibilit 3,121,046 100.00 51 100.00 3,121,097 100.00
Up to 3 months 16,357 292 – – 16,357 2.92
From 3 to 12 months 9,814 1.75 – – 9,814 1.75
From 1 to 3 years 144,439 25.76 – – 144,439 25.76
From 3 to 5 years 283,431 50.55 – – 283,431 50.55
From 5 to 15 years 103,097 18.39 – – 103,097 18.39
More Than 5 years 3,611 0.63 3,611 0.63
Total securities with credit risk 560,749 100 . . 560,749 100
Total expanded portfolio 9,451,725 11,237 9,462,962

IE

Up to 3 months 1,325,046 22.68 1,577 14.10 1,326,623 22.66
From 3 to 12 months 1,927,174 32.98 9,609 85.90 1,936,783 33.08
From 1 to 3 years 1,952,539 33.41 – – 1,952,539 33.35
From 3 to 5 years 470,113 8.04 – – 470,113 8.02
From 5 to 15 years 168,744 2.89 – – 168,744 2.89
Total credit portfolio 5,843,616 100.00 11,186 100.00 5,854,802 100.00
Up to 3 months 532,393 17.06 s1 100.00 532,444 17.06
From 3 to 12 months 822,450 26.35 – – 822,450 26.35
From 1 to 3 years 1,032,113 33.07 – – 1,032,113 38.07
From 3 to 5 years 729,033 23.36 – – 729,033 23.36
From 5 to 15 years 5,057 0.16 – – 5,057 0.16
Total guarantees provided and responsi 3,121,046 100.00 51 100.00 3,121,097 100.00
Up to 3 months 16,357 292 – – 16,857 292
From 3 to 12 months 9,814 1.75 – – 9,814 1.75
From 1 to 3 years 144,439 25.76 – – 144,439 25.76
From 3 to 5 years 283,431 50.55 – – 283,431 50.55
From 5 to 15 years 103,097 18.39 – – 103,097 18.39
More Than 5 years 3,611 0.63 3,611 0.63
Total securities with credit risk 560,749 100 – – 560,749 100.00
Total expanded portfolio 9,525,411 11,237 9,536,648

Página 21

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

IE
Up to 3 months 1,369,941 1,371,544
From 3 to 12 months 1,883,264 . 6 95.89 1,920,640

From 1 to 3 years 1,088,845 22.46 – 1,088,845 22.29
From 3 to 5 years 367,983 7.59 – – 367,983 7.53
From 5 to 15 years 136,986 284 – – 136,986 2.80
Total credit portfolio 4,847,019 100.00 38,979 100.00 4,885,998 100.00
Up to 3 months 381,292 17.96 – – 381,292 17.96
From 3 to 12 months 580,128 27.32 – – 580,128 27.32
From 1 to 3 years 664,898 31.31 – – 664,898 31.31
From 3 to 5 years 477,887 2251 – – 477,887 22.51
From 5 to 15 years 19,239 0.90 – – 19,239 0.90
Total guarantee provided and responsil 2,123,444 100.00 – – 2,129,444 100.00
Up to 3 months 167,688 2131 – – 167,688, 21.31
From 3 to 12 months 173,918 22.10 – – 173,918 22.10
From 1 to 3 years 201,585 25.62 – – 201,585 25.62
From 3 to 5 years 211,240 26.85 – – 211,240 26.85
From 5 to 15 years 32,363 4.12 – – 32,363 442
Total securities with credit risk 786,794 100.00 – – 786,794 100.00
Total expanded portfolio 7,757,257 38,979 7,796,236

Consolidated

IE
Amount LEO

Up to 3 months 1,369,941 27.41 1,603 411 1,371,544 27.23
From 3 to 12 months 1,883,264 37.68 37.376 95.89 1,920,640 38.13
From 1 to 3 years 1,240,463 24.82 – – 1,240,463 24.62
From 3 to 5 years 367,983 7.36 – – 367,983 7.30
From 5 to 15 years 136,986 2.73 – – 136,986 2.72
Total credit portfolio 4,998,637 100.00 38,979 100.00 5,037,616 100.00
Up to 3 months 381,292 17.96 – – 381,292 17.96
From 3 to 12 months 580,128 27.32 – – 580,128 27.32
From 1 to 3 years 664,898 31.31 – – 664,898 31.31
From 3 to 5 years 477,887 2251 – – 477,887 22.51
From 5 to 15 years 19,239 0.90 – – 19,239 0.90
Total guarantees provided and responsi 2,123,444 100.00 – – 2,129,444 100.00
Up to 3 months 167,688 E] – – 167,688, 21.31
From 3 to 12 months 173,918 22.10 – – 173,918 22.10
From 1 to 3 years 201,585 25.62 – – 201,585 25.62
From 3 to 5 years 211,240 26.85 – – 211,240 26.85
From 5 to 15 years 32,363 4.12 – – 32,363 442
Total securities with credit risk 786,794 100.00 – – 786,794 100.00
Total expanded portfolio 7,908,875 38,979 7,947,854

Página 22

FEDERAL PUBLIC SERVICE ESE PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

e) By business aci

Consolidated

Civil construction 1,316,763 907,379 1,325,085 925,388
Sugar and ethanol 1,306,681 1,144,383 1,313,683 1,166,457
Electric and renewable energy 848,255 1,039,048 848,255 1,039,048
Agriculture 806,000 665,999 814,572 689,671
Specialized services 704,341 344,351 719,806 356,212
Building and engineering – Infrastructure 497.313 504,045 501,969 529,777
Transportation and logistics 495,497 388,854 498,861 395,830
Metal products 456,757 350,883 460,961 350,883
Telecommunications 368,868 152,618 378,166 156,508
Foreign trade 397,888 332,186 337,888 332,186
Chemical and petrochemical 339,693 158,890 339,693 158,890
Vehicles and parts 297,280 235,522 297,280 242,994
Beverages and tobacco 221,306 90,902 223,408 94,262
Foodstuffs 220,882 234,768 223,660 246,208
Construction material and decor 207,605 136,037 207,605 148,696
Retail trade 199,067 51,299 199,067 51,299
Meat processing 199,037 130,581 199,037 130,581
Financial institution 147,163 147,986 153,708 155,766
Steel products 100,628 95,467 100,628 95,467
Individuals 64,243 53,340 64,243 53,340
Paper and pulp 63,157 111,674 63,157 111,674
Information technology 55,095 62,537 55,095 62,597
Plastic and rubber 45,634 42,721 45,634 42,721
Medical services 37,571 39,224 37,571 39,224
Water and sanitation 32,089 42,901 32,089 42,901
Textiles and clothing 30,096 42,286 31,474 45,039
Pharmaceuticals and cosmetics 18,266 29,757 18,266 23,757
Wholesale trade 17.911 11,415 17,911 11,415
Mechanics 14,451 19,912 14,451 19.912
Electroelectronics 11.825 15,604 11,825 15,504
Mining 1,600 192,512 1,600 192,512
Leather and footwear – 6,487 – 6,487
Communications and printing – 20,668 – 20,668
Total expanded portfolio 9,462,962 7,796,236 9,536,648 7,947,854

d) Credit portfo!

by risk level and allowance, in accordance with Resolution 2682/99:

EAT
Falling due EM Allowance

AR 877,085 – 877,085 – 881,172 – 881,172 –
A 1,798,055 – 1,798,055 8,990 1,807,377 – 1,807,877 9,037
B 2,257,778 9 2,257,782 22,578 2,300,142 9 2,300,151 23,001
C 455,615 1,532 457,147 13,714 466,821 1,532 468,353 14,050
D 198,088 26 198,114 19,811 198,088 26 198,114 19,811
E 40,174 35 40,209 12,063 40,174 35 40,209 12,063
F 65,837 36 65,873 32,937 65,837 36 165,873 32,997
G 48,008 1,287 49,295 34,507 48,008 1,287 49,295 34,507
H 29,295 8,261 37,556 37,555 35,997 8,261 44,258 44,258
Total 5,769,930 11,186 5,781,116 182,155 5,843,616 11,186 5,854,802 189,664

EAT
Falling due EM Allowance

AR 928,420 – 928,420 – 941,386 – 941,386 –
a 1,361,232 – 1,361,232 6,806 1,386,003 – 1,386,003 6,930
B 1,910,667 171 1,910,838 19,108 2,007,566 171 2,007,737 20,076
0 424,530 1,139 425,669 12,770 441,512 1,139 442,651 13.280
D 76,198 41 76,239 7,524 76,198 41 76,239 7,624
E 6,582 885 7,467 2,240 6,582 885 7,467 2,240
F 26,430 452 26,882 13,441 26,430 452 26,882 13,441
G 70,540 11,420 81,960 57,872 70,540 11,420 81,960 57,372
H 42,420 24,871 67,291 67,291 42,420 24,871 67,291 67,291
Total 4,847,019 38,979 4,885,998 186,652 4,998,637 38,979 5,037,616 188,254

e) By concentration leve

Consolidated

Largest borrowers 7 AN 7 l EA

Largest borrower 266,608 2.82 198,469 2.55 266,608 2.80 198,469 2.50
2ndto 101h 1,443,335 15.25 1,216,552 15.60 1,443,335 15.13 1,216,552 1531
11th to 20th 1,093,722 11.56 823,888 10.57 1,093,722 11.47 830,877 10.45
21stto 50th 1,894,606 20.02 1,584,935 20.33 1,894,606 19.87 1,584,936 19.94
5tstto 1001h 1,724,944 18.23 1,516,952 19.46 1,729,075 18.13 1,516,952 19.09
Other borrowers 3,039,747 32.12 2,455,440 31.50 3,109,302 32.60 2,600,568 32.72
Total expanded portfolio 9,462,962 100.00 7,796,236 100.01 9,536,648 100.00 7,947,854 100.01

Página 23

FEDERAL PUBLIC SERVICE FR PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

1) Banco Pine’s total expanded credit portfolio concentration by a sector:

Consolidated

Agricultural 71.856 107,391 87,321 107,391
Housing 2,908 27,811 2,908 27,811
Manufacturing 2,069,326 1,398,625 2,084,663 1,398,625
Commerce 700,059 188,500 703,589 188,500
Financial intermediation 162,272 99,188 167,463 99,188
Other services 6,250,035 5,773,549 6,284,248 5,925,167
Individuals 206,506 201,172 206,506 201,172
Total expanded portfolio 9,462,962 7,796,236 9,536,648 7,947,854

9) Change in the allowances for loan losses and other loan losses, in accordance with Resolution 2682/99:

TJ
Details EJE DEE 3012 MEGA
Opening balance 202,522 186,652 208,499 173,070
Additions/Reversals 31,892 74,299 24,162 64,620
Amount written off (52,288) (79,066) (38,794) (43,850)
Allowance-FIDC – – 2,184 2,184
Exchange variation (1) 29 270 98 125
Closing balance 182,155 182,155 196,149 196,149
RIN
Details EE NALES 3012 YTD-2012
Opening balance 202,522 186,652 208,499 173,070
Additions/Reversals 31,892 74,299 24,162 64,620
Amount written off (52,288) (79,066) (38,794) (43,850)
Allowance-FIDC – – 2,184 2,184
Exchange variation (1) 29 270 98 125
Closing balance 182,155 182,155 196,149 196,149

(1) Exchange variation on the alomance for loan losses (PDD) of the overseas branch, classified in the “Other operating expenses” account in the statement of operations.

h) Credit recoveries

For the nine-month period ended September 30, 2013, credits previously written off as losses were recovered in an amount of R$ 17,134 (For the nine-month period ended September
30, 2012 – R$3,285).

i) Renegotiation of contracts

At September 30, 2013, renegotiated contracts totaled R$176,838 (December 31, 2012 – R$ 130,152). The original ratings attributed to these contracts were maintained.
j) Sale or transfer of financial assets

i) Operations with substantial transfer of risks and benefits :

For the period ended September 30, 2013, loans were assigned without coobligation in the amount of R$ 34,922 to parties not related to the Institution (September 30, 2012 – R$ 88,128).
These assignments generated a loss in relation to their face value of R$ 6,805 (September 30, 2012 – R$ 68,118), without discounting the allowance for loan losses in the amount of R$
6,893 (September 30, 2012 – R$65,050). The results of the assignments are recorded in the “Other operating income/expenses” account”. Additionally, contracts previously written off as

a loss of R$ 37,587 (September 30, 2012 – R$63,841) were assigned. For the nine-month period ended September 30, 2013, these assignments generated a gain of R$ 6,850
(September 30, 2012 – R$ 1,062), recorded in “Loan Operations”.

li) Operations with substantial retention of risks and benefits:

As of January 2012, as required by CMN Resolution 3533/08, the accounting records are to be made considering either the retention or not of the risks and benefits in the sale or
transfer of financial assets. For the period ended September 30, 2013 were assigned operations for Pine Agro FIDC in the amount od R$ 196,785, represented by;

Indi

Debentures transferred

Lending operations assigned – Loans
Lending operations assigned –
Total

8. FOREIGN EXCHANGE PORTFOLIO

Other receivables

Exchange purchases pending settlement
Rights on exchange sales

Income receivables

Advances in local currency received
Advances in foreign currency received

Exchange sales pending settlement
Liabilties from exchange purchases
Advances on foreign exchange contracts
Total

599,294
114,771

10,163
(12,584)
(4,465)

707,179

Página 24

513,509
54,018
9,260
(53,991)

522,796

105,484 53,976
565,612 503,436
(561,100) (482,279)
109,996 75,133

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

9. OTHER RECEIVABLES – SUNDRY

a) Other receivables – Sundry

These are comprised as follows:

Advances and salary prepayments

Advances for payments on our behalf

Deferred tax assets (Note 9.b) 143,052
Debtors for purchase of assets 29,778 79,851 109,629 29,937 84,183 114,120

Income tax available for offset 474 56,112 56,586 538 34,733 35,271
Amounts receivable from affiliates 122 – 122 973 – 973
Notes and credits receivable 3,393 32,088 35,481 89,842 30,000 119,842
Sundry debtors – Brazil and abroad 10,098 21 10,119 3,003 – 3,003
Total 139,346 246,172 385,518 216,719 204,751 421,470

Consolidated

“Advances and salary prepayments
Advances for payments on our behalf
Deferred tax assets (Note 9.b)
Debtors for purchase of assets

Income tax available for offset 474 58,182 58,656 856 35,623 36,479
Notes and credits receivable 3,393 32,088 35,481 89,842 30,000 119,842
Sundry debtors – Brazil and Abroad 18,465 21 18,486 6,701 – 6,701
Total 147,684 248,442 396,126 219,762 205,905 425,567

b) Deferred tax assets
At September 30, 2013 and December 31, 2012, the deferred tax assets and deferred tax liabilities related to income tax and social contribution were comprised as follows:

TT

Deferred tax assets

Allowance for

loan losses 43,813 26,288 70,101 45,948 27,569 73,517
Adjustment of available-tor-sale securities 4,641 2,785 7,426 214 129 343
Adjustment of trading securities 66 40 106 – – –
Credits written off as a loss 20,964 12,579 33,543 14,487 8,662 23,099
Future market – Law 11196 – – – 2,715 1,629 4,344
Provision for tax risks and

‘contingent liabiiies. 9,921 5,953 15,874 12,000 7,199 19,199
Provision for profit sharing 625 375 1,000 5,191 3,115 8,306
Provision for lawyers’ fees 2,240 1,344 3,584. 2,344 1,406 3,750
Provision for equity accounting loss abroad 4,844 2,906 7,750 2,424 1,455 3,879
Provision – FIDC – – – 401 240 641
Provision for Resolution 3921 3,735 2,241 5,976 1,244 747 1,991
Provision for devaluation of assets 2,489 1,494 3,983 2,489 1,494 3,983
Provision for Tax losses 9,472 5,683 15,155 – – –
Total 102,810 61,688 164,498 89,407 53,645 143,052

Deferred tax assets

Allowance for

loan losses 43.813 26,288 70,101 45,948 27,569 73,517
Adjustment of available-for-sale securities 4,641 2,785 7,426 214 129 343
Adjustment of trading securities 66 40 106 – – –
Credits written off as a loss 20,964 12,579 33,543 14,437 8,662 23,099
Future market – Law 11196 – – – 2,715 1,629 4,344
Provision for taxrisks and

contingent liabilties 10,046 6,028 16,074 12,165 7,298 19,463
Provision for profit sharing 625 375 1,000 5,191 3,115 8,306
Provision for lawyers’ fees 2,240 1,344 3,584 2,344 1,406 3,750
Provision for equity accounting loss abroad 4,844 2,906 7,750 2,424 1,455 3,879
Provision – FIDO – – – 401 240 641
Provision for Resolution 3921 3,735 2,241 5,976 1,244 747 1.991
Provision for devaluation of assets 2,489 1,494 3,983 2,489 1,494 3,983
Provision for Tax losses 9,472 5,683 15,155 – – –
Total 102,935 61,763 164,698 89,572 53,744 143,316

Página 25

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Maricto-market adjustment of derivative
financial instruments

Adjustment of trading securities. – – – 11,394 6,836 18,230
Asset adjustment of judicial deposits 606 363 969 584 350 934
Income from renegoti: 2,046 1,228 3,274 – – –
Futures market – Law 11196 169 101 270 – – –
Total (Note 15.b) 54,468 32,680 87,148 32,286 19,370 51,656

Consolidated

51,647
Adjustment of trading securities. – – – 11,394 6,836 18,230
Asset adjustment of judicial deposits 626 375 1,001 602 361 963
Income from renegotiation 2,046 1,228 3,274 – – –
Futures market – Law 11196 169 101 270 – – –
Total (Note 15.b) 54,488 32,692 87,180 32,304 19,381 51,685

Changes in deferred tax assets and deferred tax

Deferred tax assets

Opening balance 141,870 143,316 142,001
Amount recorded 163,990 103,197 164,425
Amount reversed (61,848) (162,748) (61,815) (163,110)
Closing balance 164,498 143,052 164,698 143,316

Opening balance 46,517 51,685 46,540
Amount recorded 107,362 72,078 107,700
Amount reversed (36,449) (102,223) (36,583) (102,555)
Closing balance 87,148 51,656 87,180 51,685

Projected realization of deferred tax assets and deferred tax liabilities

Consolidated

Deferred tax assets

Upto 1 year 53,999 32,399 86,398 53,999 32,399 86,398
From 1 to 2 years 17,358 10,415 27,778 17,358 10,415 27,778
From 2 o 3 years 11,433 6,860 18,293 11,433 6,860 18,293
From 3 to 4 years 4,269 2,561 6,830 4,269 2,561 6,830
From 40 5 years 2,657 1,594 4,251 2,657 1,594 4,251
From 5 to 10 years 13,094 7,859 20,953 13,219 7,934 21,153
Total 102,810 61,688 164,498 102,935 61,763 164,698

Upto 1 year 23,323 13,994 37,317 23,323 13,994 37,317
From 1 to 2 years 814 488 1.302 814 488 1.302
From 2 o 3 years 6,044 3,627 9,671 6,044 3,627 9,671
From 3 to 4 years 9,783 5,870 15,653 9,783 5,870 15,653
From 40 5 years 6,825 4,095 10,920 6,825 4,095 10,920
From 5 to 10 years 7,679 4,606 12.285 7,699 4,618 12.317
Total 54,468 32,680 87,148 54,488 32,692 87,180

Página 26

FEDERAL PUBLIC SERVICE NY

BRAZILIAN SECURITIES COMMISSION (CVM) AA PINE
Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

10. INVESTMENTS

a) Investments in associated and subsidiary compal

09/30/2013
Pine y Pine Comerc. Pine
SAT ATAN, RETO

Holding – % 100.000 99.990 10.000 99.998 100.000 99.998 99.998
Number of shares held 10,000 10,000 892,298,000 77,399,000 500,000 500,000
Capital 11,150 60 13,384 77.400 500 500
Equity 8,676 44 41,186 83,182 37,259 241
Netincome for the nine-month period (1,548) (9) 3,113 2,753 1,750 7 19,881
Investment amount 8,676 4 83,182 37,259 241 188,480
Equity in the results of investee (1,548) 13,815 (m 7 19,89

09/30/2012
Pine Pine Ass.em “Pi a Pine

Planejamento Comercial in l il Corretora

Holding – % 99.9900 99.998 99.999 99.998 99.998
Number of shares held 10,000 892,298 77,399,000 500,000 500,000
Capital 10 13,385 77,400 1 500
Equity 651 36,880 80,488 34,380 231 –

Netincome for the nine-month period 641 4,031 (106) 32,767 (281) –
Investment amount 651 36,330 80,488 34,380 281 152,080
Equity in the results of investee 641 4,031 (106) 32,767 (281) 37,052

b) Other Investiments

In the Consolidated the institution has a value of R$ 73,122 which corresponds to investment in land for development of real estate projects that are registered in IRE VII
Desenvolvimento Imobiliário.

11. PROPERTY AND EQUIPMENT AND INTANGIBLE ASSETS

a) Property and equipment in use

NET
PO Net E

ETC) amount EIC

Facilities (10,187)
Fumiture and equipment in use (1,666)

Communications system
Data processing system
Security system

Aircraft

Transport system

Total

NET
PO Net
CTC amount ETC
Facilities ) )
Fumiture and equipment in use 2,962 (1,459) 1,503 2,962 (1,459) 1,503
Communications system 10 1,426 (739) 687 1,428 (739) 689
Data processing system 20 921 (849) 72 921 (849) 72
Security system 10 31 (19) 12 31 (19) 12
Aircraft 10 24,082 (803) 23,279 24,082 (803) 23,279
Transport system 20 2,185 (530) 1,655 2,185 (530) 1,655
Total 42,297 (13,331) 28,966 42,299 (13,331) 28,968

b) Intangible assets

EE
E Net EJ
ETA amount EA

Expense for acquisition and
development of software 10 9,310 (7,999) 1311 9,599 (8,064) 1,535
Total 9,310 (7,999) 1311 9,599 (6,064) 1,535

PA EJ EJ
EAT EAT) EAT)

Expense for acquisition and
development of software 10 9,450 (7,397) 2,053 9,915 (7.862) 2,053
Total 9,450 (7,397) 2,053 9,915 (7,862) 2,053

Página 27

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR)

FINANCIAL INSTITUTION.

PINE

Corporate Legislation
Base date – September 30, 3013

(A free translation of the original in Portuguese)

06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

12. DEPOSITS

a) Analysis by maturity:

Demand
COTOS

No stated maturity
Up to 30 days
From 31 to 60 days –
From 61 to 90 days –
From 91 to 180 days –
From 181 to 360 days –
More than 360 days
Total

Demand
rro

No stated maturity
Up to 30 days
From 31 to 60 days –
From 61 to 90 days –
From 91 to 180 days –
From 181 to 360 days –
More than 360 days
Total

b) Analysis by market segment:

EAT
PTAS

Manufacturing, commercial and

services 19,400
Related companies 1,407
Individuals 255
Financial institutions and

investment funds 0.00
Total 21,062

Manufacturing, commercial and

services 29,705
Related companies 81
Individuals 348
Financial institutions and

Investment funds. –
Total 30,134

13. FUNDS OBTAINED IN THE OPEN MARKET

ET
us TN DET us Interbank

ro LOT LO PETO rre ree ra
– – 19,655 – –

401,118 6,500 – 401,096 6,500
255,753 14,301 – 255,753 14,301
130,286 10,633 – 128,483 10,633
414,394 20,601 – 411,434 20,601
515,835 22,024 – 452,965 17,148
1,265,677 23,715 – 1,161,569 23,675
2,982,563 97,774 19,655 2,811,300 92,858

us Interbank DAFT us TAN

ro LOT LOPE rre ree deposits.
– – 30,053 – –

296,206 32,749 – 283,819 32,749
271,205 40,128 – 269,568 40,128
416,556 10,282 – 412,695 10.282
443,007 1,506 – 441,089 1,506
332,480 24,267 – 332,261 24,267
1,555,997 21,221 – 1,428,511 12,068
3,315,451 130,153 30,053 3,167,943 121,000

NET
a TS Demand a TS

pOr rare deposits pOr rare
902,992 – 19,400 902,992 –
171,263 4,916 – – –
18,207 – 255 18,207 –
1,890,101.00 92,858.00 0.00 1,890,101.00 92,858.00
2,982,563 97,774 19,655 2,811,300 92,858
NET SITE

TS

COTOS

1,032,986 – 29,705 1,032,986 –
147,508 9,153 – – –
16,445 – 348 16,445 –
2,118,512 121,000 – 2,118,512 121,000
3,315,451 130,153 30,053 3,167,943 121,000

Own portfoli
National Treasury Bills (LTN)
Federal Treasury Notes (NTN)
Debentures

Other securities abroad
Subtotal

Third-party portfolio
LTN
Subtotal

Unrestricted portfolio
Other securities abroad
Subtotal

Funds obtained in the open market

Own portfolí

National Treasury Bills (LTN)
Federal Treasury Notes (NTN)
Debentures

Subtotal

Third-party portfolio
LTN

Debentures
Subtotal

Unrestricted portfolio
Other securities abroad
Subtotal

Funds obtained in the open market

530,528 1,674,484
93,001 –
217.463 158,177
7,291 –
848,283 1,832,661

291,170 –
291,170 –

3,974 –
3,974 –

1,143,427

1,832,661

TA]

530,528 1,574,484
93,001 –
7291 –
630,820 1,674,484
291,170 –
194,576 158,177
485,746 158,177
3,974 –
3,974 –
1,120,540 1,832,661

Página 28

FEDERAL PUBLIC SERVICE NY

BRAZILIAN SECURITIES COMMISSION (CVM) ESE PINE
Quarterly Information (ITR) Corporate Legislation

FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

14. INTERBANK ACCOUNTS – LOCAL CORRESPONDENTS
These comprise amounts received in advance related to installments of loan operations assigned with coobligation to be transferred to the assignees on the corresponding due dates,
recorded at the present value of the obligation on the base date, in the amount of R$281 at September 30, 2013 (December 31, 2012 – R$ 37 in the Individual and Consolidated).

15. OTHER LIABILITIES

a) Collection and payment of taxes and similar:

At September 30, 2013, this balance consists of the tax on financial transactions (IOF) payable in the amount of R$ 1,764 (December 31, 2012 – R$ 936).

b) Tax and social security contributions

Taxes and contributions on

third-pany services 194 – 194 224 – 224
Taxes and contributions on salaries 2,259 – 2,259 2,359 – 2,359
Taxes and contributions on income – – – 3,982 – 3,982
Senvice tax (ISS) 426 – 426 617 – 617
‘Withholding income tax (IRRF) 1,138 – 1,138 1,177 – 1,177
Social Integration Program (PIS) and Social Contribution on Revenues (COFINS) payable 346 – 346 488 – 488,
Provision for deferred income tax (IR) and social contribution (CS) (Note 09) 37,317 49,831 87,148 37,317 49,863 87,180
Provision for taxrisks (Note 16 .b e c) – 36,256 36,256 – 36,865 36,865
Total 41,680 86,087 127,767 46,164 86,728 132,892

Taxes and contributions on
third-pany services
Taxes and contributions on salaries 2,981

3,106

Income tax 6,911 – 6,911 10,409 – 10,409
S 425 – 425 562 – 562
¡RAF 2,776 – 2,776 2,783 – 2,783
PIS and COFINS payable 340 – 340 480 – 480
Provision for IR and CS (Note 09) 16,422 35,234 51,656 16,423 35,262 51,685
Provision for taxrisks (Note 16.b) – 42,056 42,056 – 42,591 42,591
Total 30,075 77,290 107,365 33,983 77,853 111,836

c) Sundry

Provision for personnel expenses
Cashiers checks
Provision for contingent
liabilties- civil (Note 16.d)
Provision for contingent
liabilties – labor (Note 16.0) 2,028

Provision – FIDO

Other administrative expenses 2,369 8,959 11.328 2,941 8,959 11,900
Liabilties for sale and transfer of financial assets 153,324 43,461 196,785 – – –
Sundry debtors – Brazil and abroad 2,127 – 2,127 18,990 – 18,990
Total 177,109 65,774 242,883 41,598 22,313 63,911

Provision for personnel expenses
Cashiers checks
Provision for contingent
liabilties- civil (Note 16.d)
Provision for contingent
liabilties – labor (Note 16.0)
Provision for losses – assignment
with coobligation (Note 28.a)
Provision – FIDC
Other administrative expenses
Accounts payable
Sundry creditors – local
Total

Página 29

FEDERAL PUBLIC SERVICE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

16. CONTINGENT ASSETS AND LIABILITIES AND LEGAL OBLIGATIONS – TAX AND SOCIAL SECURITY CONTRIBUTIONS
a) Contingent assets

There were no contingent assets at September 30, 2013 and 2012.

b) Legal obligations – taxes and social security

These are legal and administrative processes related to tax and social security obligations. The main processes are as follows:
PIS: R$ 35,163 – Individual – R$ 35,765 – Consolidated (December 31, 2012 – R$ 32,011 – Individual – R$ 32,538 – Consolidated) the Institution and Pine Investimentos filed legal
proceedings designed to suspend the provisions of Article 3, paragraph 1, of Law 9718/1998, which changed the calculation base of PIS and COFINS so that they are levied on all
corporate revenues. Prior to this rule, suspended in innumerous recent decisions by the Federal Supreme Court, only revenues derived from services rendered and the sale of
merchandise were liable to this tax. The injunction filed by Banco Pine received a partially favorable ruling and the appeal lodged by the Federal Goverment was dismissed. Currently
awaiting judgment of the admissibility of the Special and Extraordinary Appeals filed by the Federal Government.

COFINS: In November 2005, the Federal Supreme Court (STF) judged as unconstitutional paragraph 1 of Article 3, of Law 9718/98, which introduced the new calculation base for
COFINS determination purposes from February 1999, broadening the concept of revenue. Accordingly, the calculation base of COFINS was decreased and gave rise to the
Unquestionable right to recover the amount of overpaid tax. The injunction filed against the Federal Government by the Institution claiming the right to offset the refund of the incorrectly
paid amount of COFINS against other current taxes was successful.

Based on the decision of May 21, 2010 which rejected the two extraordinary appeals lodged by the Federal Government, an interlocutory appeal for writ of certiorari on extraordinary
appeal was filed. Upon referral to the Federal Supreme Court, the Chief Justice referred the case records to the Court of origin, on the grounds of Article 543-B of the Code of Civil
Procedures, considering the analysis of the General Repercussion already issued through Special Appeal RE 585235.Subsequentiy, on May 18, 2011, the interlocutory appeal was
dismissed and the Federal Government filed petitions seeking clarification of the decision, claiming that a material error had occurred in respect of the aforementioned RE and indicating
that RE 609096 was correct. The petitions for clarification were dismissed. Further, as a result of this sentence, a special appeal was lodged for the same purpose. The Deputy Chief
Judge of the Regional Federal Court of the 3rd Region received the special appeal as a request for reconsideration and upheld the appealed sentence. Notified of this decision, the
Federal Government lodged no further appeal. The final and unappealable sentence was handed down on October 21, 2011 and certified on November 8, 2011.

In this respect, the Institution will file a request for proof the claim at the Brazilian Federal Revenue authority (RFB), regarding COFINS which was overpaid during the period from June
2000 to April 2005, in the historical amount of R$15,679 in the Individual and RS 15,872 on a Consolidated basis, which adjusted for inflation, based on the variation in the SELIC rate up
to September 30, 2013, totaled R$ 35,343 (December 31, 2012 – R$ 34,490) in the Individual and R$ 35,783 (December 31, 2012 – R$ 34,919) on a Consolidated basis. Based on the
final and unappealable sentence and the administrative procedure filed at the RFB, a corresponding tax credit was recognized in “Other receivables – Tax recoverable”, as a counter entry
to the “Other operating income” account.

The amounts of the legal obligations and respective judicial deposits are presented as follows:

Consolidated

Judicial deposits

Social integration program (PIS) 35,163 32,011 35,504 31,927 35,765 32,588 36,094 32,452
Social contribution on revenues(COFINS) – – 166,396 160,295 – – 167,334 161,197
Total 35,163 32,011 201,900 192,222 35,765 32,538 203,428 193,649

c) Contingencies classified as probable are regularly provided for and for the nine-month period ended September 30, 2013 and 2012 are comprised as follows:

Consolidated

Judicial deposits

Tax contingencies
Labor contingencies
Civil contingencies

Total

14,454 33,016 5,540

d) Activity in liability provisions

TJ

Opening balance
Amount recorded (reversed)
Adjustments

Closing balance

AO

Opening balance 36,076 2,441 13,165 51,682 33,710 5,432 18,231 57,373
Amount recorded (reversed) 254 (461) (1,886) (2,093) 7,874 (1,180) 850 7,544
Adjustments 535 48 47 630 486 98 129 713
Closing balance 36,865 2,028 11,326 50,219 42,070 4,350 19,210 65,630

Opening balance 42,056 4,665 18,298 65,019 29,197 7,124 16,025 52,346
Amount recorded (reversed) (7.456) (2,800) (7.588) (17,844) 10,817 (8,396) 2,548 9,969
Adjustments 1,656 163 616 2,435 1,557 622 637 2,816
Closing balance 36,256 2,028 11,326 49,610 41,571 4,350 19,210 65,131

Opening balance 42,591 4,665 18,298 65,554 29,574 7,124 16,025 52,723
Amount recorded (reversed) (7.406) (2,830) (7.588) (17,824) 10,913 (3,396) 2,548 10,065
Adjustments 1,680 193 616 2,489 1,583 622 637 2,842
Closing balance 36,865 2,028 11,326 50,219 42,070 4,350 19,210 65,630

Página 30

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM) AN PINE
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

€) We present below the main suits and proceedings for which loss is considered possible:

Labor: At September 30, 2013, and at December 31, 2012, the Institution had no labor claims classified as possible.

Civil: Mostly processes are related to compensation for moral damages, questions about the legitimacy of contract and contracts review. Management, based on the opinion of ts legal
counsel, believes that the appropriate and legal actions that have been taken in each situation are sufficient to preserve the assets of the Bank, and therefore, no provision was recorded.
On September 30, 2013 the value for the estimate of loss, such as, the approximate risk of disbursement by the bank with convictions and/or agreements based on history for similar
causes, whose amounts total R$ 371 (There was no balance at 31 December 2012).

17. BORROWINGS AND ONLENDINGS

Individual

13 E From 3 to From 5 to
ES ES OE ES
112,265 180,147 133,975 125,341 1,092,035
Foreign onlending transactions 1,093 1,349 1,349 – 6,542
Foreign borrowing transactions. 651,712 437,979 223,000 – 66,900 1,379,591
Total 765,070 619,475 766,058 135,324 192,241 2,478,168

0 ES From 3 to a
EOS TO OE 15 years

Local borrowings – other institutions (1) –

Local onlendings – official institutions 125,341

Foreign onlending transactions –

Foreign borrowing transactions. – 66,900

Total 818,788 719,081 862,889 339,877 192,241 0,932

Up to EI E EI From 5 to

E 12 months O a O
Local onlendings – official instituti 70,958 251,418 330,475 132,022 107,435 892,308
Foreign onlending transactions – 10,236 – – 10,236
Foreign borrowing transactions. 389,617 503,245 – – 61,305 954,167
Total 460,575 764,899 330,475 132,022 168,740 1,856,711

a

Up to EI E EI From 5 to

3 months PO O BO IO
Local borrowings – other institutions(1) – – – 118,735 – 118,735
Local onlendings – official instituti 70,958 251,418 330,475 132,022 107,435 892,308
Foreign onlending transactions – 10,236 – – – 10,236
Foreign borrowing transactions. 389,617 503,245 – – 61,305 954,167
Total 460,575 764,899 330,475 250,757 168,740 1,975,446

(1) On September 30, 2013, A 454,708 (AS 118,735 on December 31, 2012) refers to the amount of shares of FIDO in the amount of R$ 53,870 (R$ 118,735 on December 31, 2012)

and also to the value of senior shares of FIDC Agro in the amount of RS 401,708,

18. FUNDS FROM ACCEPTANCE AND ISSUANCE OF SECURITIES
a) Funds from exchange acceptances
Individual and Consolidated

1×3 From 3 to E From 3 to From 5 to
ES 12 months ES pel ETS

Real estate letters of credit (LCI) 148,994 6,062

Agríbusiness letters of credit (LCA) 245,879 89,210 19,902 – – 354,991
Financial bills (LF) 1,172 372,557 314,913 19,070 1,894 709,606
Total 289,944 610,761 340,877 19,070 1,894 1,262,546

COMET

(y From 3 to ES From 3 to From 510

3 months RAS TO O ES
Real estate letters of credit (LCI) 2,236 9,729 – – – 11,965
Agribusiness letters of credit (LCA) 285,197 92,171 7,830 – – 385,198
Financial bilis (LF) – 1,101 562,941 8,529 1,694 574,265
Total 287,433 103,001 570,771 8,529 1,694 971,428

Página 31

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

b) Securities issued abroad

These are funds obtained through the global fixed-rate note program which, at September 30, 2013, amount to R$236,593 (December 31, 2012 – R$312,268), maturing up to 2022 and
interest of up to 8.75% per annum plus LIBOR and exchange variation, and working capital in the amount of R$6,131 (December 31, 2012 – R$8,367) maturing up to 2014.

We present below an analysis of the tranches and balances adjusted at the balance sheet dates:

TS DS inal

currency rate EN
4,091 2,0% p.a + Libor Jun/2014 6,131 8,367
8,000 1,85% p.a + Libor Nov/2014 13,505 16,391
9,394 2,20% p.a + Libor Oct/2013 5,263 19,295
1,044 8,7% p.a + Libor Jan/2017 2,377 2,226
39,333 3,0% p.a + Libor Jan/2014 6,737 81,616
25,000 4,2% p.a + Libor Apr/2022 57,025 51,555
73,000 6,0% p.a + Var. UF Dec/2017 151,686 141,185
Total 242,724 320,635
(+) Current (85,030) (109,159)

ities 207,694 211,476

Total long-term lial

The Institution is required to comply with certain financial covenants related to the maintenance of specific performance, liquidity and debt ratios tied to financing agreements in the
amount of R$5,263 (FMO-Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.), which if not met could cause settlement to be accelerated. Further, the Institution has
lines with certain multilateral public agencies (IFC – International Finance Corporation and IDB – Inter-American Development Bank) which guarantee the Institution’s loans in the amount
of US$130,000 (R$289,900 based on the US dollar exchange rate at September 30, 2013). At September 30, 2013, Banco Pine was using the amount of US$87,885 (R$195,984 based on
the US dollar ptax rate at September 30, 2013)”, and was compliant with the performance indexes.

19. SUBORDINATED DEBT

TS CAT CES 2013

Fixed rate notes Public: 1/6/2017 US$125.000 8,75% p.a 285,177 267,705
Financial bills. Private 12/6/2021 R$45.152 141,45% of CDI 52,401 49,567
Total 337,578 317,272
20. EQUITY

a) Capital

Pursuant to the by-laws, subscribed and paid-up capital totals R$967,259 and comprises 110,842,313 (December 31, 2012 – 108,852,631) registered shares, of which 58,444,889 are
common shares and 52,397,424 (December 31, 2012 – 50,186,211) are preferred shares with no par value. The Institution is authorized to increase its capital, without the necessity of any
amendment to the by-laws, by up to a further 10,000,000 common or preferred shares, all of which shall be nominative, book-entry and with no par value, by decision of the Board of
Directors.

As deliberated at a meeting of the Board of Directors held on February 4, 2013 and ratified by the Central Bank on April 19, 2013, capital was increased by the amount of R$31,576,
through the issue of 2,211,213 nominative preferred shares, with 1,887,605 to PROPARCO – Société de Promotion et de Participation pour la Coopération Economique and 323,608 to
other shareholders, from R$935,683 to R$967,259, comprising 110,842,313 nominative shares, of which 58,444,889 are common shares and 52,397,424 are preferred shares, with no par
value. The amount of the capital increase is recorded in equity in the “Capital increase” account.

As deliberated at the Extraordinary General Meeting held on December 22, 2011 and ratified by BACEN on February 9, 2012, approval was given for the following: a) a capital increase
from R$466,358 to R$666,358, with no new issue of shares, through the incorporation of a portion of the balance of the reserve of goodwill from the subscription of shares, in the amount
of R$ 200,000; b) a further capital increase to R$796,048, through the incorporation of a portion of the balance of the legal reserve in the amount of R$16,810 and, a portion of the
balance of the statutory reserve in the amount of R$112,880, with the issue of 12,274,766 new nominative shares, of which 6,442,894 are common shares and 5,831,872 are preferred
shares, an increase in the total number of shares from 86,578,008 to 98,852,774 nominative shares, of which 51,886,766 are common shares and 46,966,008 are preferred shares.

As deliberated at the Extraordinary General Meetings held on September 8 and October 25, 2011 and ratified by BACEN on January 6, 2012, approval was given for the following: a) a
capital increase in the amount of R$43,752 through the issue of 2,543,742 preferred shares, with 2,543,604 to the shareholder DEG – Deutsche Investitions- und Entwicklungsgesellschaft
mbH and 138 to other shareholders; b) for all of the Institution’s shareholders registered at September 8, 2011, a period of thirty days to exercise their right of first refusal, beginning on
September 9, 2011 and ending on October 10, 2011, inclusive. A number of one hundred and thirty-eight preferred shares of the Institution were subscribed in the total amount of R$3.

b) Capital reserve

The capital reserve, pursuant to the provisions of Law 11638/07, may only be used to (¡) absorb losses which are in excess of retained earnings and the revenue reserves: (ii) increase
capital; (ii) cancel treasury shares; and (iv) pay dividends on preferred shares provided that they are entitled to this benefit.

c) Revenue reserve

The Institutior’s revenue reserve comprises the legal and statutory reserves. The balance of the revenue reserves may not exceed the Institution’s capital, and any excess must be
capitalized or distributed as dividends. The Institution has no other revenue reserves.

Legal reserve – Pursuant to Law 11638/07 and the by-laws, the Institution must appropriate 5% of its net income for each year to the legal reserve. The legal reserve shall not exceed
20% of the Institution’s paid-up capital. However, the Institution may choose not to appropriate a portion of its net income to the legal reserve for the year in which the balance of this
reserve plus the capital reserves, exceeds 30% of its capital.

Statutory reserve – Pursuant to Law 11638/07, the by-laws may constitute other reserves, since that determines its purpose, the percentage of net income to be allocated to these
reserves and the maximum amount to be maintained in each statutory reserve. The appropriation of funds to these reserves should not be approved to the detriment of the mandatory
dividend. The Institution recorded a statutory reserve of 100% of its net income, in the amount of R$28.236, after the appropriation of 5% to the legal reserve of R$6,223, the deduction of
the payment of interest on own capital of R$46,334 and dividends in the amount of R$43,666, to maintain the Institution’s operating margin compatible with its asset transactions.

Página 32

FEDERAL PUBLIC SERVICE EN PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

d) Dividends and interest on own capital
Stockholders are entitled to a minimum dividend of 25% of annual net income, adjusted pursuant to Brazilian corporate legislation, subject to the approval of the General Meeting of
stockholders.

In accordance with the provisions of Law 9249/95, interest on own capital was accrued and declared, calculated based on the variation in the long-term interest rate (TJLP) for the
period.) This interest on own capital decreased the expense for income tax and social contribution for e nine-month period ended September 30, 2013 by R$18,534 (September 30, 2012
– R$17,636).

We present below the dividends and interest on own capital related to income for the nine-month period:

PS A O

Detai Total amount (net)

Interest on own capital 6/28/2013 7/12/2013 0.1433 15,719 . 13,361
Interest on own capital 3/21/2013 4/10/2013 0.1389 14,977 0.1181 12,730
Interest on own capital 9/30/2013 10/14/2013 0.1436 15,638 0.1221 13,292
Dividends 6/28/2013 7/12/2013 0.1302 14,281 – –
Dividends 3/21/2013 4/10/2013 0.1393 15,023 – –
Dividends 9/30/2013 10/14/2013 0.1319 14,362 – –

In accordance with Letter Circular 3516/11, the proposed additional dividend in excess of the minimum dividend, in the amount of R$ 20.442 (December 31, 2012 – R$18,559) is
classified in a specific equity account.
We present below the reconciliation of dividends and interest on own capital for the nine-month period ended September 30, 2013 and 2012:

Al
Net income 124,459 139,294
Legal reserve (6,223) (6,964)
Calculation base 118,296 132,330
Interest on own capital 46,334 44,091
Withholding tax – IRRF (15%) (6,950) (6,614)
Prepaid dividends 43,666 25,909
Amount proposed 83,050 63,386
2% of calculation base 70.24% 47.90%

e) Treasury shares

At a meeting of the Board of Directors on December 6, 2012, authorization was given for the acquisition of up to 1,219,659 of the Institution’s own preferred shares to be held in treasury
for subsequent sale, as well as the payment of variable remuneration to the Institution’s statutory directors, under the terms of Resolution 3921/11, without decreasing capital. Under this
plan, 600,000 shares were repurchased in the amount of R$7,679 at an average cost of 12.80. The authorization will be effective up to December 5, 2013.

During the second half of 2012, the Institution transferred 318,555 of its own shares which were held in treasury, to the statutory directors, as variable remuneration, under the terms of
Resolution 3921/10, in the amount of R$4,517, at the average cost of R$14.18.

At a meeting of the Board of Directors on August 06, 2013, authorization was given for the acquisition of up to 1,942,417 of the Institution’s own preferred shares to be held in treasury for
subsequent sale, as well as the payment of variable remuneration to the Institution’s statutory directors, under the terms of Resolution 3921/10, without decreasing capital. Under this plan,
1,060,200 shares were repurchased in the amount of R$10,297 at an average cost of 9.71. The authorization lasts until August 06, 2014.

At September 30, 2013, 1,918,045 of the Institution’s own preferred shares were held in treasury in the amount of R$22,083. The market value of these shares corresponded to R$19,180
(December 31, 2012 – R$ 14,923).

f) Carrying value adjustments

COTE

09/30/2013
Available-for-sale financial assets (18,565) (2,997)
Marketable securities (18,565) (2,997)
Other 7,426 87
Income tax 79 1,199
Total (11,060) (1,711)

21. STATEMENT OF OPERATIONS

a) Loan operations

TJ
ESPE DEJA 302012 ETA

“Advance to depositors 325 528 67 564
Income from loans 95.469 241,759 92,370 275,327
Income from discounted bills – – – 119
Income from financing 45,037 129,919 31,846 111,308
Income from granted operations 1311 2,301 – –
Income from financing – foreign currency 9,170 19,236 3,825 15,565
Total 151,312 393,743 128,108 402,883
RITO

302013 DEJA 302012 ETE

Advance to depositors 325 528 67 564
Income from loans 100,152 254,687 100,908 304,825
Income from discounted bills – – – 119
Income from credit assignments – 990 – –
Income from financing 44,924 129,583 31,846 111.308
Income from financing – foreign currency 9,170 19,236 3,825 15,565
Total 154,571 405,024 136,646 432,381

Página 33

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION. Base date – September 30, 3013

(A free translation of the original in Portuguese)

06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

b) Results of securities transactions

TJ

EEE YTD’2013 302012 NETA
Income from (expense for) transactions with fixedxxincome securities (FIDC) 786 (253) 4,410 14,402
Income from transactions with fixed:income securities 85,478 271,442 84,598 362,050
Expense for transactions with fixed+income securities (19,497) (60,988) (996) (2,908)
Expense for transactions with variable-income securities – – (621) (1,527)
Total 66,767 190,201 87,391 372,017

Consolidated

ESPE NETO 302012 ETE
Income from transactions with fixed.income securities 90,196 280,628 85,555 367.259
Expense for transactions with fixed+income securities (19,387) (60,82) (1,085) (3,191)
Expense for transactions with variable-income securities – – (621) (1,527)
Total 70,809 199,746 83,849 362,541
c) Funds obtained in the market
TJ
302013 YTD’2013 302012 ETE
Expenses from interbank deposits 2,138 6,287 4,370 13,129
Expenses from time deposits 73,708 209,408 69,019 241,617
Expenses from purchase and sale commitments 23,656 76,573 18,700 111,668
Expense from (income from) securities issued abroad 18,679 75,241 11,916 66,996
Expenses from contribution to credit guarantee fund 3,873 11,946 4,339 13,625
Expenses from agribusiness letters of credit 4,938 16,129 7,360 22,023
Expenses from financial bills 17,833 44,653 8,796 18,780
Expenses from real estate letters of credit 1,889 2,383 324 926
Total 146,714 442,620 293,614 488,714

Consolidated

PE M2 EEE UDEAUE
Expenses from interbank deposits 2,028 5,938 4,132 12,084
Expenses from time deposits 69,738 200,601 66,465 283,957
Expenses from purchase and sale commitments 26,856 82,557 18,764 111,732
Expense from (income from) securities issued abroad 18,679 75,241 11,916 66,996
Expenses from contribution to credit guarantee fund 3,873 11,946 4,339 13,625
Expenses from agribusiness letters of credit 4,938 16,129 7,360 22,023
Expenses from financial bills 17,833 44,653 8,796 18,780
Expenses from real estate letters of credit 1,889 2,383 324 926
Total 145,894 439,448 293,614 480,073
d) Borrowings and onlendings
CJ
302013 YTD’2013 302012 ETE
Expenses from onlendings (BNDES) 8,668 26,468 9,041 28,312
Expenses from foreign onlendings – Resolution 3844 53 199 . .
Expenses from payables to foreign bankers 31,282 104,299 15,940 85,978
Expenses from (income from) foreign borrowings 491 1,467 1,055 2,950
Total 40,494 132,433 27,045 120,907
RITO
PE ME EEE URETE
Expenses from onlendings (BNDES) 8,668 26,468 9,041 28,312
Expenses from foreign onlendings – Resolution 3844 53 199 1,009 3,667
Expenses from payables to foreign bankers 31,282 104,299 15,940 85,978
Expenses from (income from) foreign borrowings 491 1,467 4,080 16,425
Expenses from local loans – FIDC 3,037 7,181 1,055 2,950
Total 43,531 139,614 31,125 137,392
e) Income from services rendered
TJ
ESPE NETO 302012 ETA
Credit facilty fee 8,592 23,647 2,632 9,458
Commission of guarantees 11,042 29,202 6,228 20,498
Commission of intermediary services 2,606 11,346 201 2,986
Other 6 27 158 683
Total 22,246 64,222 9,219 33,625
RIN
302013 YTD’2013 302012 ETE
Credit facilty fee 8,592 23,647 2,632 9,458
Commission of guarantees 11,042 29,202 6,228 20,498
Commission of intermediary services 11,995 37,228 18,114 54,157
Other 49 242 añ 2,834
Total 31,678 90,319 27,445 86,947
f) Personnel expenses
TJ
302013 YTD’2013 302012 ETE
Salaries 13,802 41,793 13,610 42,047
Benefits 2,040 6,211 1,898 5,611
Social charges 4,556 13,839 4919 14,583
Directors” fees 281 715 239 664
Training 58 195 51 365
Interns 76 270 147 387
Total 20,763 63,023 20,864 63,657
RITO
ESPE NETO 302012 ETE
Salaries 15,479 44,620 14,195 43.686
Benefits 2,180 6,521 1,940 5,734.
Social charges 4,828 14,491 5,173 15,203
Directors” fees 235 727 243 676
Training 58 199 51 366
Interns a 305 165 418
Total 22,871 66,863 21,768 66,083

Página 34

FEDERAL PUBLIC SERVICE ESE PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (ITR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

9) Other administrative expenses
CEET

AAA PAGE

Water, electricity and gas. 128 358 98 302
Rents 2,238 6,714 2,069 5,961
Leased assets 268 766 688 2,334
Communications. 845 2,601 912 2,717
Charitable contributions 24 42 5 35
Maintenance and repair of assets 521 1,475 725 1,607
Materials 42 117 47 127
Data processing 1,804 6.019 2,119 6,292
Promotions and public relations 239 716 254 1,105
Publicty and advertising 292 945 703 1,473
Publications 319 824 242 782
Insurance 219 286 211 329
Financial system services 4,085 11,498 5,679 12,042
“Third-pany services 944 2,610 1,835 4,658
Surveillance and security services 1,054. 3,369 1.011 2,181
Specialized technical services 4,510 10,413 3,045 9,965
Transportation 289 1,005 37 1,181
Travel 745 2,027 1,041 2,287
Other administrative expenses 3,733 11,502 4,262 10,383
Amortization and depreciation 1,250 4,298 1,103 3,001
Total 29,549 67,585 26,420 68,762

Consolidated

ESPE DEJA ETE
Water, electricity and gas 134 369 308
Rents 2,973 6,911 2,100 6,096
Leased assets 268 766 688 2,334
Communications 854 2,610 912 2,724
Charitable contributions 24 42 5 35
Maintenance and repair of assets 522 1,479 72 1,610
Materials 42 117 47 127
Data processing 1,899 6,132 2,131 6,330
Promotions and public relations 240 720 256 111
Publicity and advertising 407 1,060 703 1,473
Publications 348 908 256 857
Insurance 219 286 211 381
Financial system services 4,247 11,795 5,718 12,361
Third-party services 1,037 2,842 1,767 4,953
Surveillance and security services 1,054 3,369 1,011 2,181
Specialized technical services 4,732 10,820 3,128 10,194
Transportation 297 1,021 377 1,199
Travel 820 2,222 1,086 2,404
Other administrative expenses 3,753 11,606 4,272 10,436
Amortization and depreciation 1,298 4,346 1,125 3,073
Total 24,568 69,421 26,617 70,135
h) Tax expenses
TJ
EEE NETA 302012 NETA
Senvice tax (ISS) 1,194 3,232 505 1,841
Social contribution on revenues(COFINS) 925 2,555 404 1,473
Social integration program (PIS) 282 1,866 1,087 2,386
Other 215 657 870 2,138
Total 2,616 8,310 2,866 7,838
RIN
302013 DEJA 302012 ETE
Senvice tax (ISS) 1,679 4,557 1,414 4,508
Social contribution on revenues(COFINS) 1,281 3,493 992 3,260
Social integration program (PIS) 358 2,072 1,218 2,773
Other 249 857 874 2,150
Total 3,567 10,979 4,498 12,691
i) Other operating income
TJ
302013 DEJA 302012 ETE
Recovery of charges and expenses 789 1,544 641 822
Indexation 886 2,295 1,259 2,446
Exchange variation – liabilty operations – – (354) (342)
Reversal of provision for onlending assignment – – 477 939
Reversal of provision tor credit assignment with coobligation – 2 3,719 9,964
Reversal of provision for guarantees – – – 15,178
Adjustment of judicial deposits 2,288 6,101 1,481 6,887
Reversal of provision tor labor risks 375 2,503 1,468 1,468
Reversal of provision tor tax risks – 459 – –
Reversal of provision tor civil processes 1,628 6,302 – –
Reversal of provision for FIDC 3 1,605 – –
Other operating income 291 1,590 4,255 11,629
Income from securities and receivables – – 2,479 3,559
Recovery of proceedings – COFINS – – 315 1,071
Total 6,260 22,401 15,740 53,621
RIN
302013 DEJA 302012 ETE
Recovery of charges and expenses 789 1,548 641 817
Indexation 906 2,343 1271 2,484
Exchange variation – liabilty operations – – (354) (342)
Reversal of provision for onlending assignment – – 477 477
Reversal of provision tor credit assignment with coobligation – 2 3,719 3,719
Reversal of provision for guarantees – – – 15,178
Adjustment of judicial deposits 2,302 6,138 1,494 6,932
Reversal of provision tor labor risks 405 2,533 1,468 1,468
Reversal of provision tor tax risks – 459 – –
Reversal of provision tor civil processes 1,628 6,302 – –
Reversal of provision for FIDC – 1,602 – –
Other operating income 20 328 3,585 13,153
Recovery of proceedings – COFINS – – 319 1,084
Total 6,050 21,255 12,620 44,970

Página 35

FEDERAL PUBLIC SERVICE Ms
FA PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

j) Other operating expenses

TJ
302013 302012 ETE

Labor and civil proceedings – 1,326 3,676
Indexation expense 31 (107) 36
Charges on loans assigned 1 450 2,012
Reversal/provision for transfer of assignments – – – (528)
Expenses for assignment (1) – 6.811 7,179 68,641
Provision for FIDC – – 685 2,865
Interest on own capital 15,638 46,334 14,083 44,091
Exchange variation – investment abroad (549) (549) (354) (364)
Other operating expenses 995 3,859 1,053 2,074
Total 16,396 57,787 24,315 122,503
RIN

302013 DEJA 302012 ETE

Labor and civil proceedings – 128 1,326 3,676
Indexation expense 7 7 (99) 61
Charges on loans assigned 1 836 450 2,012
Reversal/provision for transfer of ass – – – (528)
Expenses for assignment (1) – 6.811 7,179 68,641
Provision for FIDC – 4,929 685 2,865
Interest on own capital 15,638 46,334 14,083 44,091
Exchange variation – investment abroad (616) (616) (354) (364)
Other operating expenses 1,380 4,372 2,584 3,706
Total 16,360 62,801 25,854 124,160

(1) AS6.805 (June 20, 2012 – ASS0,946) comprses loss on loan assignments wíou! coobligaon, as described in Note 74)

k) Non-operating income (expense)

For the nine-month period ended September 30, 2013, the amount of R$7,176 in the Individual and in the Consolidated (September 30, 2012 – R$4,640 in the Individual and R$ 4,632 in
the Consolidated) corresponds mainly to the sale of assets received as payment in kind for the settlement of loan operations.

22. INCOME TAX AND SOCIAL CONTRIBUTION

Reconciliation of expenses for income tax and social contribution on net income:

TJ
EEE NETA 302012 NETA
Income before income tax (IRP4) and social contribution (CSLL)
and less profit sharing. 48,259 139,942 58,817 172,246
Interest on own capital (15,638) (46,334) 14,083 44,091
Income before taxes on income. 32,621 93,608 44,734 128,155
Current rate 40% 40% 40% 40%
Expected expense for IRPJ and CSLL, based on current tax rate (13,048) (37,443) (17,894) (51,262)
Temporary differences 20,842 15,278 (1,318) 23,210
Effects of income tax and social contribution on temporary differences (20,294) (14,989) (1,040) (21,908)
Other adjustments 4,484 21,665 8,659 17,008
Income tax and social contribution (6,016) (15,483) (11,593) (82,952)
Of which:
Current taxes 12,278 (500) (10,559) (11,043)
Deferred taxes (20,294) (14,983) (1,040) (21,909)
Expense recorded (6,016) (15,483) (11,593) (82,952)

Consolidated

30’2013 302012

Income before income tax (IRP4) and social contribution (CSLL)

and less profit sharing. 51,249 146,674 160,877 180,053
Interest on own capital (15,638) (46,334) 14,083 44,091
Income before taxes on income. 35,611 100,340 74,960 224,144
Current rate 40% 40% 40% 40%
Expected expense for IRPJ and CSLL, based on current tax rate (14,244) (40,136) (18,718) (54,385)
Temporary differences 20,865 15,366 (1,399) 23,157
Effects of income tax and social contribution on temporary differences (20,318) (15,072) (977) (21,818)
Other adjustments 2,691 17,627 7,441 12,287
Income tax and social contribution (11,006) (22,215) (13,653) (40,759)
Of which:

Current taxes 9,312 (7,144) (12,676) (18,940)
Deferred taxes (20,318) (15,071) (977) (21,819)
Expense recorded (11,006) (22,215) (13,653) (40,759)

23. RELATED-PARTY TRANSACTIONS
a) Management compensation

In 2012, the Institution approved the new Compensation Plan which addresses the standards and guidelines for the payment of fixed and variable compensation applicable to the
members of the Board of Directors and statutory directors and, at the discretion of the specific committee, other executive officers with important positions and functions, in accordance
with the provisions of Resolution 3921/10, of the National Monetary Council.

The new Plan has the following main objectives: (¡) alignment of the Institution’s executive compensation practices with its risk management policy; (ii) prevention of conduct that increases
risk exposure to levels above those considered prudent in the short, medium and long-term strategies adopted by the Institution; (ii) creation of an instrument designed to attract and
retain talent for the Institution’s key positions; and (iv) adaptation of the compensation policy to meet the requirements of Resolution 3921/10.

The compensation defined in the Plan takes the following into consideration: (i) the Institutior’s current and potential risks; (i) the Institutior’s overall result, in particular, recurring realized
income (net book income for the period adjusted based on unrealized results and excluding the effects of controllable non-recurring events); (ii) capacity to generate cash flows; (iv) the
economic environment in which the Institution operates and its related trends; (v) long-term sustainable financial bases and adjustments to future payments, based on the risks assumed,
fluctuation in capital costs and liquidity projections; (vi) the individual performance of the Directors based on the target agreements entered into by each director as established in the PLA
and filed at the Institutior’s head office; (vii) the performance of the business unit; and (vii) the relation between the Directors’ individual performance, the business unit performance and
the Institutior’s overall performance.

Página 36

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Variable compensation is calculated as follows:
a) up to 50% of the amount established for variable compensation is paid in kind, at the same time as payment of Profit Sharing (PLR).
b) the amount corresponding to 10% of that established for variable compensation will be paid in preferred shares of the Institution at the same time as PLR payment.

c) the amount corresponding to the remaining 40% of variable compensation will be paid in preferred shares of the Institution and will be granted to the employee at the same time as the
payment of the amount in kind. The right to dispose of these shares will be on a “Deferred” basis, increasing as does the Director’s level of responsibility.

The delivery of the shares related to deferred variable compensation attributable to the Directors will only occur if none of the following are verified during the applicable deferral period: (1)
a significant decrease in realized recurring income;(ii) loss in the Institution or business unit, or (ii) verification of errors in accounting and/or administrative procedures which affect the
results determined during the vesting period of the right to variable compensation.

The Institution’s Compensation Committee, which was constituted at the general meeting held on January 16, 2012, will be responsible for (i) presenting proposals to the board of
directors regarding the various forms of fixed and variable compensation, as well as benefits and the special recruitment and termination programs; (ii) monitoring the implementation and
operation of the Institution’s management compensation policy; (ii) reviewing annually the Institutior’s directors’ compensation policy, recommending adjustments or improvements to the
board of directors; (iv) recommending to the board of directors the total amount of the directors’ compensation to be submitted to the general meeting, in accordance with Article 152 of
Brazilian Corporation Law; (v) evaluating future internal and external scenarios and their possible impact on the Institution’s directors’ compensation policy; (vi) analyzing the Institutior’s
directors’ compensation policy in relation to market practices, to identify significant differences as compared to peer companies, proposing necessary adjustments; (vii) ensuring that the
directors’ compensation policy is permanently in line with the risk management policy, the Institution’s current and expected financial position and the provisions of this resolution; and (viii)
preparing annually, within a period of ninety days as from December 31, of each year, a Compensation Committee Report, as required by CMN Resolution 3921/10.

For the period ended September 30, 2013, variable remuneration was determined in the amount of R$5,503, (On September 30, 2012 – R$ 5,872) in accordance with the criteria defined
in the new plan.

COTA

[Salaries and Fees of the Board of Directors and Executive Board NENE E DET
Fixed compensation 1,960 6,324 1,912 5,778
Variable compensation 5,526 12,120 6,532 17,582
Short-term benefits 597 2,116 367 1,185
Total 8,083 20,560 8,81 24,545

Short-term benefits paid to directors mainly comprise salaries and social security contributions, paid leave and sick pay, profit sharing and bonuses (when payable within twelve months
subsequent to the year-end closing) and non-monetary benefits (such as health care and free or subsidized goods or services).

Employment agreement termination
The employment agreements are valid for an indefinite period. Officers are not entitled to any financial compensation when the employment relationship is terminated either voluntarily or
due to the non-fulfillment of his/her obligations. If the employment agreement is terminated by the Institution, the officer may receive indemnification. During the nine-month periods ended
September 30, 2013, compensation in the amount of R$466 (September 30, 2012 – R$599) was paid to officers who left the Institution.

b) Related parties

The related-party transactions mainly with the companies listed in Note 2, are carried out at average amounts, terms and rates practiced in the market, effective on the corresponding
dates with commutative conditions and comprise the following:

Income (expenses)

30/2013 YID- 2013 302012
Marketable securities (695,611) 59,731 4,711 3,672 9,320 19,312
Pine Crédito Privado – FIDO (12,697) 59,791 (887) (1,926) 9,320 19,312
FIP Rio Corporate (100,003) – 3,925 3,925 –
Pine Crédito Privado – FIDC Agro (282,911) – 1,673 1,673 –
Demand deposits 1,527 144 . – –
Pine Investimentos 1,375 55 – – –
Pine Comercializadora de Energia Elétrica 8 – – – –
Pine Corretora 2 8 – –
Pine Assessoria 12 5 – –
Pine Assesoria em Comercializacáo de Energia 2 3 – –
Pine Planejamento Ltda 7 o – –
IRE Vil Desenvolvimento Imobilário Ltda 19 – – – –
Directors and immediate family(1) 102 64 – – – –
Interbank deposits 4,915 9,152 (110) (349) (238) (1,045)
Pine Investimentos 4,915 9,152 (110) (849) (238) (1,045)
Time deposits 185,277 161,590 (3,695) (10,238) (7,720)
Pine Investimentos 31,117 26,546 (650) (1,644) (426) (1,175)
Pine Comercializadora de Energia Elétrica 83,956 80,541 (1,863) (4,839) (1,663) (5,616)
Pine Corretora 283 220 (5) (13) (8) (41)
Pine Assessoria 37,845 35,421 (788) (2,046) (456) (827)
Pine Planejamento Ltda 17,988 4,782 (364) 7) (1) (1
Pine Assesoria em Comercializagáo de Energia 42 – (1) (2) –
IRE Vil Desenvolvimento Imobilário Ltda 82 – – – – –
Directors and immediate family(1) 14,014 14,080 (24) (983) (82) (60)
Open market funding 531,782 – (8,575) (6,504) – –
Pine Investimentos 217,643 – (3,268) (6,052) –
Pine Crédito Privado – FIDC Agro 291,170 – (69) (69) –
IRE Vil Desenvolvimento Imobilário S/A 22,969 – (238) (889) –

(1) These amounts are not consolidated.

Página 37

FEDERAL PUBLIC SERVICE EN PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

€) Capital ownership

The following table presents the direct investment in common and preferred shares, at September 30, 2013 and December 31, 2012, of stockholders with more than five percent of total
shares and of members of the Board of Directors and Executive Board.

09/
Common Common Preterred Preferred LJ LJ
shares ES shares(%) ES shares (%) EAS shares(2%)
Individuals 58,444,889 100.00 15,410,863 73,855,752
Board of Directors – 3,243,868 . 3,243,868
Executive Officers – – 3,172,843 . 3,172,843
Total 58,444,889 100.00 21,827,574 . 80,272,463
Common Common Preterred Preferred LJ LJ
shares ES shares(%) shares (%) shares (%)
Indviduals 58,444,889 100.00 15,595,863 74,040,752
Board of Directors – 3,281,010 . 3,281,010
Executive Officers – – 2,635,774 . 2,635,774
Total 58,444,889 100.00 21,512,647 42.87 79,957,536 73.57

24. COMMITMENTS, GUARANTEES AND OTHER INFORMATION

a
Sureties and guarantees 3,073,009 2,114,296
Credit assignment with coobligation – 334
Letter of credit 48,088 8,814
Total 3,121,097 2,123,444

25. EMPLOYEE BENEFITS

The Institution makes monthly contributions to a private pension company for VGBL and PGBL plans, at the option of the participant, in an amount equivalent to 1% of the employee’s
gross salary, provided that the employee also contributes at least 1% of his/her gross salary, to supplement their social security benefits, as part of a defined contribution plan, and this is
the sole responsibility of the Institution as sponsor.

For the nine-month period ended September 30, 2013, the amount of this contribution was R$271 (September 30, 2012 – R$248).

26. PROFIT SHARING PROGRAM
Banco Pine has a profit sharing program (PPLR) ratified by the Bank Employees’ Trade Union.

The general assumptions of this program are: (a) business unit performance; (b) establishment of a fund for distribution across the organization; and (c) assessment of the skills and the
meeting of targets in the supporting areas. The related expenses were recognized in the “Profit sharing” account”.

27. RISK AND CAPITAL MANAGEMENT
a) Introduction and overview
Banco Pine is exposed to risks resulting from the use of financial instruments which are continuously measured and monitored and has an analysis structure made up of a board of

directors, a council and a committee that assess the following risks:
Credit risk
Liquidity risk
Market risk
Operational risk

Risk management framework

The Board of Directors is responsible for identifying and controlling risks; however, there are other independent areas which are also responsible for managing and monitoring risks.

b) Credit risk
Definition

Credit risk is the exposure to loss in the case of total or partial default of customers or counterparties in fulfiling their financial obligations with the Institution. Credit risk management
seeks to support the definition of strategies, in addition to establishing limits, including an analysis of exposure and trends, as well as the effectiveness of the credit policy.

Credit risk management

Duties:

+ Formulate Credit Policies with all of the Institution’s units, including collateral requirements, credit assessment, risk rating and presentation of reports, legal and documentary procedures,
as well as compliance with regulatory and statutory requirements.

+ Establish the structure for approval and renewal of Credit lines. Limits are established and approved by the Credit Committee.

+ Review and assess credit risk. The Credit area evaluates all credit exposure which exceeds established limits, prior to the release of the credit lines to the customers by the related
business unit. Renewals and reviews of credit lines are subject to the same review process.

+ Limit concentration of exposure by counterparties, geographic regions and economic sectors, and by credit rating, market liquidity and country.
+ Develop and maintain the Institution’s risk classification to categorize exposure according to the degree of risk of financial loss and focus management on inherent risk… The risk

classification system is used to calculate credit exposure. The current risk classification structure includes degrees of credit risk and availability of guarantees or other tools to mitigate
credit risk.

+ Offer advice, guidance and specialized techniques to promote credit risk management best practices throughout the Institution.

Credit analysis and granting:
Assess the risks involved in transactions and the customers’ ability to settle their obligations according to the contracted terms.

Página 38

FEDERAL PUBLIC SERVICE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

(In thousands of reals, unless olhermise stated)

Credit risk controls and management:
+ Perform preventive monitoring of active customers designed to anticipate default in the portfolio of operations involving credit risk, support decisions and commercial strategies and
provide data that permit the Credit Committee and Executive Board to monitor compliance with Banco Pine’s Strategic Planning.

Special Asset Management (Credit recovery department):

+ The Institution has a specific credit recovery area which is designed to support the areas involved in the collections process, and to identify and resolve potential risks to the Institution,
seeking agile and effective solutions to minimize possible losses, to be a source of information regarding payments which are overdue or which for some reason are no longer certain, and
to promote control over the risks which, pursuant to the policy established by the Institution, are managed by the Special Assets Area.

e) Liquidity risk
Definition

Liquidity risk is associated with possible difficulties the Institution may face in meeting its obligations as they fall due, resulting from its financial liabilities.
Liquidity risk management

Liquidity risk management seeks to protect the Institution from possible market developments that generate liquidity issues. Accordingly, the Institution monitors its portfolios with regards
to maturities, volumes and the liquidity of its assets.

Daily control is carried out through reports in which the following items are monitored:

+ Maturity mismatches between payment and receipt flows Group wide.

xx Projection of liquidity stress scenarios defined by the Asset-Liability Committee (ALCO).

This information is checked against the Institution’s cash position each day and assessed each week by ALCO.

Liquidity is managed by the Market, Liquidity and P£L Risk Oversight Board, which reports to the Risk Control Oversight Board.

d) Market risk
i) Definition
Market risks are related to possible monetary losses due to fluctuations in variables that impact market prices and rates. Oscillations of financial variables such as the price of input

material and end products, inflation, interest rates and foreign exchange rates have the potential for causing loss in almost all companies and, therefore, represent financial risk factors.

The Market Risk to which an institution is exposed is mainly due to three factors: a) exposure – amount exposed to risk; b) sensitivity – the impact of price fluctuations; and c) variation –
the magnitude of price variations. We stress that, among these factors, exposure and sensitivity are controllable by the Institution as part of its appetite for risk, while variation is a market
characteristic, and as a result out of the Institution’s control.

Market risks can be classified under different types, such as interest rate risk, foreign exchange risk, commodities price risk and share price risk. Each type represents the risk of incurring
losses due to oscillations in the variation in the corresponding variable.

) Market risk management
Market risk is managed in a centralized manner by an area that is independent in relation to the trading desk and is chiefly responsible for monitoring and analyzing market risk originating

in positions assumed by the Institution vis-a-vis its appetite for risk as defined by ALCO and approved by the Board of Directors.

Market risk is managed daily by the Market Risk department, which calculates the Value at Risk (VaR) and generate the Duration Gap of Primitive Risk Factor mismatches of assets in
the Institution’s portfolio.
Amounts are compared daily to the VAR limits, exposure by Primitive Risk and Stop Loss Factors established by ALCO and approved by the Institution’s Board of Directors.

For stress tests, scenarios considering bear and bull markets on the Commodities and Futures Exchange, as well as changes to the interest rate curves, are used. Scenarios generated
by ALCO may also be used.

ili) Methodologies

Fair value:

The purpose of marking to market (Fair Value) is to ensure that the pricing of assets and liabilities in the Institution’s portfolio is as transparent as possible for shareholder protection.

Value at risk (VaR):
VaR measures the worst expected loss in a horizon given by normal market conditions in a given confidence level, that is, VAR provides a measure of market risk.

Market risk management uses VaR as a measure of the Group’s potential losses. For the calculations, the parameters used are the horizon of one day and a 99% confidence interval.
The calculation is based on closing market prices, taken from different sources (ANBIMA, BM8/FBovespa, and the Brazilian Central Bank, among others).

The VaR analysis is performed by market, vertex and risk factors associated with the interest curve, share prices, foreign exchange and commodities. If the VAR limit is surpassed, an
evaluation of the operations will be performed and those that present more risks will be readjusted by the Treasury in order to reduce risks and seek alignment with the maximum exposure
limit. Market liquidity will be evaluated as these operations are readjusted.

Página 39

FEDERAL PUBLIC SERVICE Ms
FH PINE

BRAZILIAN SECURITIES COMMISSION (CVM)
Quarterly Information (TR) Corporate Legislation
FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the original in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

Pursuant to CVM Instruction 475/08, we present below the sensitivity analysis for all transactions involving financial instruments, which expose the Institution to risks arising from
exchange and interest rate fluctuations or any other types of exposure at September 30, 2013:

Sensitivity analysis

EXITO
OA ETS EN LESA) LU)
Fixed interest rate (PRE) Fixed interest rate variations 20 (3.665) (7,330)
General Market Price index (IGPM) IGPM coupon variations 109 (607) (1,215)
Price index (IPCA) IPCA coupon variations (354) (7.963) (15,926)
Long:term interest rate (TJLP) TJLP variations (139) 1,486 2972
US dollar coupon rate Exchange coupon variation (8,837) (2,043) (4,085)
Other currency coupon rates Exchange coupon variation (6) (1) (22)
Offshore rates (LIBOR + other Offshore) Variation in Offshore rates 2,848 6.468 12,936
Currencies Change in exchange variation 233 (2,715) (5,430)
Total (uncorrelated sum)” (12,815) (24,959) (49,917)
Total (correlated sum)” (6,128) (9,050) (18,100)

“Uncorrelated sum: sur of The resul obtained in the worst stress scenarios for each risk facto.
*Correlated sum: the worst result of the sum of he stress test scenarios of all of the risk factors considering the correlation between them.

Scenarios

Scenario comprising the variation in market factors between September 30, 2013 and November 10, 2013 (variation in the fixed rate from 10.08% to 10.27% in a 1-year curve and from 11.54%
Probable to 11.34% in a 4-year curve, variation in the US dollar from 2.2300 to 2.1821 and in the exchange coupon from 1.97% to 1.81% in a 1 year curve).

¡Scenario comprising a 25% shock to the market interest rate curve amounts (disclosed by BM8F), and to the closing prices (US dollar and equity), as in the following example:

Scenario ll – Possible (*)
Market rate New market rate

Curve (1 year) Shock (1 year)

Fixed interest rate (PRE), 10.08% 25% 12.60%

General Market Price index (IGPM) 2.78% 25% 3.48%

Price index (IPCA) 3.73% 25% 4.66%

Long:term interest rate (TJLP) 4.71% 25% 5.89%

US dollar coupon rate 1.97% -25% 1.48%

Other currency coupon rate 1.36% 25% 1.80%

LIBOR – USD 63.00% -25% 0.47%

Currencies 2.2300 25% 2.7875

, ‘Scenario comprising a 50% shock to the market interest rate curve values (disclosed by BMEF), and in the closing prices (US dollar and equity), as in the following example:
Scenario Ill – Remote (*)

Market rate New market rate
Curve (1 year) Shock (1 year)
Fixed interest rate (PRE) 10.08% 50% 1512%
General Market Price index (IGPM) 2.78% 50% 4.18%
Price index (IPCA) 3.73% 50% 5.60%
Long:term interest rate (TJLP) 4.71% 50% 7.06%
US dollar coupon rate 1.97% -50% 0.99%
Other currency coupon rate 1.36% 50% 2.04%
LIBOR – USD 63.00% -50% 0.31%
Currencies 2.2300 50% 3.3450

* For Scenarios ll and lll, the result of the high or low stress scenario was considered to obtain the most significant portfolio losses.
e) Capital management

Capital management is an important process used by the Institution to optimize the use of capital and to achieve its strategic objectives. The on-going enhancement of credit, market,
liquidity and operational risk management and control is essential to providing stability in financial results and to improving capital allocation.

In accordance with BACEN Resolution 3988/11, capital management is defined as an on-going process for:

Capital monitoring and control carried out by the Institution
Assessing the need for capital to face the risks to which the Institution is subject
Planning targets and capital requirements, based on the Institution’s strategic objectives
Capital policies and strategies are based on a forward-looking approach, anticipating the need for capital as a result of possible changes in market conditions and are reviewed
periodically by the Executive Board and Board of Directors, to ensure that they are compatible with the Institution’s strategic planning.

Financial institutions are required to permanently maintain their Required Regulatory Capital (PRE) compatible with the risks of their activities. Compliance with the regulatory capital limits
is strictly followed by management and monitored daily by the Risk area.

Página 40

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

In March 2013, the Bank made public the rules relating to the definition of capital and regulatory capital requirements in order to implement the recommendations of the Brazil Committee
on Banking Supervision (Basel III). The main objectives are: (1) improve the ability of financial institutions to absorb shocks from the financial system or the other sectors of the economy,
(ii) reduce the risk of contagion in the financial sector on the real sector of the economy, (ii) assist the maintaining financial stability, and (iv) promoting sustainable economic growth. The
implementation of the new Basel III rules starts from 1st October 2013.

At September 30, 2013, the Institution’s Basel ratio was 15,85 % (December 30, 2012 – 16.19%), calculated based on the consolidated financial statements.

al
Reference equity (PR) 1,475,566 1,477,645
Tier 1,275,581 1,220,446
Equity 1,264,442 1,219,946
Markto-market adjustments 11,139 500
Tier 200,085 257,199
Subordinated debt 211,224 257,699
Markto-market adjustments (11,139) (500)
Required Regulatory Capital (PRE)(1) 1,024,028 1,004,123
Credit risk 922,476 899,670
Market risk 83,915 95,559
Operational risk 17,687 8,894
Surplus PR 451,638 479,522
Basel ratio – % 15.85% 16.19%

Banco Pine, pursuant to Circular 3477/09, reports information on a quarterly basis, related to the management of risk and required regulatory capital (PRE). The report containing further
details, structure and methodologies is available on the following website: www.pine.comíri.

1) Equity to fixed assets ratio

In accordance with BACEN Resolution 2286/96, the equity to fixed assets ratio is limited to 50.0%. At September 30, 2013, the equity to fixed assets ratio was 11,30% (December 31,
2012 – 10.21%).

28. OTHER INFORMATION
a) Provision for credit assignment with coobligation

At September 30, 2013, the Institution had no provision for losses. At September 30, 2012, the provision for losses was R$2 for loans assigned with coobligation in the total amount of
R$459. This provision is recorded in Other liabilities- sundry.

b) Insurance

The Institutior’s insurance strategy is based mainly on risk concentration and materiality, and policies are contracted at amounts established by Management, considering the nature of its
business and the advice of its insurance brokers. Insurance coverage at September 30, 2013 is as follows:

5 EN COTA)
Directors and Officers Liabiity (D8’O) Civil labilty for directors and officers 20,000
Vehicles Fire, robbery and colision for 11 vehicles 2770
Buldings, machines, fumiture and fixtures Any material damage to faciles, machinery and equipment 12,000
Bankers insurance Cash 300
Alreraft insurance Arcraft-part guarantees 624

e) Operating lease

Banco Pine has liabilities generated by operating leases. The amounts corresponding to the commitments for leased equipment are not presented in the balance sheet, since the related
lease agreements do not include a purchase option. The cost of the lease agreements is recognized in the statement of operations in the “Administrative expenses – leased assets”
account.

COTE

Expense for leased assets

Machinery and equipment leasing 4.03% 2 268 766 256 714
Aircraft lease (1) – – 432 1,620
Total 268 766 688 2,334

(1) In September 2012, this lease ended!

Página 41

FEDERAL PUBLIC SERVICE EEN] PINE
BRAZILIAN SECURITIES COMMISSION (CVM)

Quarterly Information (TR) Corporate Legislation

FINANCIAL INSTITUTION Base date – September 30, 3013

(A free translation of the ori in Portuguese)
06.01 – NOTES TO QUARTERLY INFORMATION

“ln thousands of reais, unless otherwise stated)

d) Fair value of financial instruments

In accordance with CVM Instruction 235, we present below a comparison between the carrying amounts of financial assets and liabilities measured at amounts other than fair value and
their corresponding fair values at the end of the first nine-month period.

Fair value AA
Assets
Shortterm interbank investments(i) 870,052 870,052
Loan operation: 4,952,112 4,979,004
Other receivables( 710,734 716,374
Total financial assets 6,532,898 6,565,430
Liabilities
Demand deposits (ii) 19,655 19,655
Interbank deposits (fi) 92,858 92.858
Time deposits (iv) 2,808,037 2,811,300
Funds from acceptance and issuance of securities (iv) 1,476,198 1,505,270
Borrowings and onlendings (iv) 2,915,387 2,932,876
Subordinated debt (v) 326,211 337,578
7,638,346 7,699,537

Total financial liabilities

We present below the methods and assumptions used to estimate fair value:

¡) The fair values of the short-term interbank investments substantially approximate their carrying amounts.

ii) The loan operations and other receivables are measured net of the allowance for loan losses. The fair value of these operations represents the discounted value of the expected future
cash flows. The expected cash flows are discounted at current market rates to determine their fair values.

iii) The estimated fair values of the demand and interbank deposits substantially approximate their carrying amounts.

iv) The estimated fair values of the time deposits and other loans which are not quoted in an active market are based on discounted cash flows, using the interest rates for new debts with
similar maturities.

e) Disclosure of other services rendered by the independent auditors

In compliance with CVM Instruction 381, of January 14, 2003, for the period from January to September 2013, no services were contracted from the independent auditor other than those
related to the external audit. Banco Pine’s policy is to limit the services provided by its independent auditor to safeguard the auditor’s independence and objectivity, in conformity with
Brazilian and international standards.

29. Subsequent Event

At the Annual General Meeting held on November 1, 2013, was approved: (i) increase the Instituiton’s capital in the amount of R $ 967,259, divided into 110,842,313 shares, of which
58,444,889 common shares and 52,397,424 preferred shares, without par value to R $ 1,112 .259, divided into 123,612,756 shares, of which 65,178,483 common shares and 58,434,273
preferred shares upon the incorporation of part of the reserve balances shown in the balance sheet at December 31, 2012, in the amount of R $ 17,429 legal Reserve and R $ 127,571 in
statutory reserve amounting to R $ 145,000, (ii) shall be issued 12,770,443 new shares, of which 6,733,594 common shares and 6,036,849 preferred shares, which will be distributed to
shareholders in the form of bonus, observed the proportion of 11.521270762367 new bonus shares for each lot of 100 shares held.

Página 42

Link al archivo en CMFChile: https://www.cmfchile.cl/sitio/aplic/serdoc/ver_sgd.php?s567=3db0e8e260ef7b3591f3db071528b0e6VFdwQmVFMTZSWGhOUkVWM1RYcFZNazlCUFQwPQ==&secuencia=-1&t=1682366909