Banco do Brasil Renews Commercial Establishment Services Contract with Cielo

Banco do Brasil SA has renewed its contract with Cielo S.A. for the provision of services related to commercial establishments seeking accreditation to the Cielo System. The contract, which is automatically extended annually, was approved in line with Banco do Brasil’s internal policy on related party transactions. The terms are deemed appropriate, and the process was conducted without third-party involvement due to the established relationship between the companies.