Minute no. 558
1.Date, Time and Place: the ordinary meeting of the Board of Directors of Banco do Estado do
Rio Grande do Sul S/A (Corporate Tax Payer’s (CNPJ) No. 92.702.067/0001-96 - NIRE No.
43300001083) held on April 01, 2014, at 02:00 pm, at the Company’s head office at Rua
Capitão Montanha, 177, 4th floor, Porto Alegre - RS.
2.Verification of attendance: Túlio Luiz Zamin – Vice-Chairman; Aldo Pinto da Silva; Dilio Sérgio
Penedo, Erineu Clóvis Xavier; Francisco Carlos Bragança de Souza, Guilherme Cassel; Marcelo
Tuerlinckx and Olívio de Oliveira Dutra - Members; João Acir Verde – Audit Committee
Member; Luiz Carlos Morlin – Chief Risk Officer; Werner Kohler - Superintendent of the
Accounting Unit; José Luis Campani Lourenzi – Superintendent of the Corporate Risk
Managements Unit; Denise Eskeff Coelho – Superintendent of the Credit Unit and Alexandre
Pedro Ponzi – Superintendent of the Investor Relations, Capital Markets and Governance Unit ,
3.Deliberations: Tulio Zamin President informed the members of the Board of Directors that
the Controlling Shareholder, through letter No. 030/2014/CCC/RS, 1st -04-2014, decided to
dismiss the Member, Mr. Francisco Carlos de Souza Bragança, indicating to take your place,
Mrs. Juçara Maria Dutra Vieira. In view of this, the Board decided to record on the next agenda
of the shareholders' meeting, scheduled for 04.30.2014, the dismissal of Mr. Francisco Carlos
Bragança de Souza, and, concomitantly, the election of Mrs. Juçara Maria Dutra Vieira.
4.Conclusion: Nothing further to discuss, the meeting was closed, this minute was prepared,
read, approved and signed by the members present. Secretary to the meeting, Mr. Jorge Irani
da Silva – General-Secretary of the Banco do Estado do Rio Grande do Sul S/A
CERTIFICATE
I certify that this record is a true copy of which appears in the Minute no.556, dated March 11,
2014, drawn in the book of Minutes of Board of Directors of Banco do Estado do Rio Grande do
Sul SA, signed by Mr.; Túlio Luiz Zamin – Vice-Chairman; Aldo Pinto da Silva; Dilio Sérgio
Penedo; Erineu Clóvis Xavier; Francisco Carlos de Souza Bragança; Guilherme Cassel; Marcelo
Tuerlinck Danéris and Olívio de Oliveira Dutra - Members of the Board of Directors.
Porto Alegre, April 01, 2014.
Túlio Luiz Zamin
CEO