Rule 12g3-2(b) Exemption # 82-35186
Free English Translation
MINUTES OF ORDINARY AND EXTRAORDINARY SHAREHOLDERS MEETING HELD ON
APRIL 28TH, 2015
On April 28th of two thousand and fifteen, at three p.m., Banco do Brasil Ordinary and
Extraordinary Shareholders Meeting (CNPJ: 00.000.000/0001-91; NIRE: 5330000063-8) – an open
capital company – was held, in a first call at the Company’s headquarters located at Setor de
Autarquias Norte, Quadra 5, Lote B, 14º andar, Asa Norte - Brasília (DF), attended by 466 (four
hundred and sixty six) shareholders, in person or by delegation, owners of 2,183,022,298 (two billion,
one hundred and eighty three million, twenty two thousand, two hundred and ninety eight) voting
shares, representing 76.20% of the total 2,865,417,020 (two billion, eight hundred and sixty-five
million, four hundred and seventeen thousand and twenty) voting shares, whom signed the “Guest
Book”, complying with legal requirements.
In view of the justified absence of the Chief Executive Officer, Alexandre Corrêa Abreu,
the shareholders unanimously elected Mr. Luiz Cláudio Ligabue, to chair the meeting, who invited to
compose the presiding board. When installing the Meetings, invited, to complete the table, Mrs. Kátia
Aparecida Zanetti de Lima, Federal Government representative, majority shareholder, and Mr. Aldo
César Martins Braido, Board of Auditors member. He also invited the shareholders Neila Maria
Barreto Leal and Célio Cota de Queiroz to serve as first and second secretary, respectively.
The matters presented to the Meeting were those recorded in the following Call Notice
published on March 27th , 30th and 31st , 2015 in the Diário Oficial da União (Official Daily Government
Newspaper - Section 1 - page 41 and Section 3 – pages 71 and 75, respectively) and on March 27th ,
31st , 2015 and April 1st , 2015 in the newspaper Valor Econômico Centro-Oeste (page E2), transcript
as follows:
BANCO DO BRASIL S.A.
CNPJ 00.00.000/0001-91
Ordinary and Extraordinary Shareholdes Meetings
The shareholders of Banco do Brasil S.A. — public company — are invited to take part, in a first summons, in the
Ordinary and Extraordinary Shareholders Meetings that will be held at Banco do Brasil’s Headquarter - SAUN, quadra
5, lote B - Ed. Banco do Brasil - 14º andar, Brasília (DF), at 3 p.m. on April 28th, 2015, in order to deal with the
following subjects:
Ordinary Shareholders Meeting
Ito be informed about the Management Report and for deliberation, accounts, financial statements, opinions of the
Board of Auditors and of the independent auditors and the report of the Audit Committee relating to fiscal year
2014;
IIdestination of the net income from the 2014 exercise and the dividends distribution;
IIIelection of the Board of Auditors members;
IVto fix the Board of Auditors remuneration;
- to be continued -
04.28.2015
VVI-
2
election of the Board of Directors members;
to fix the overall annual amount of the remuneration of the members of the management bodies.
Extraordinary Shareholders Meeting
IIIIII-
Banco do Brasil’s share capital increase through incorporation of part of the balance recorded as Statutory
Reserve for Operating Margin;
the raise of authorized capital;
amendments in Bylaws articles 7th and 8th due to the resolutions pursuant to items I and II.
The proxy instruments should be deposited at Banco do Brasil’s Executive Secretariat - SAUN, quadra 5, lote B - Ed.
Banco do Brasil - 13º andar, Brasília (DF), within 24 hours before the Meetings begin.
To participate in the shareholders meetings, due to the article 126 of Law 6404/76, the shareholder, or legal
representative, must show ID and, in case of book entry shares or shares in custody, its receipt issued by the depository
financial institution.
th
In accordance to CVM (Brazilian Securities and Exchange Commission) Regulations 165 on December 11 , 1994
and 282 on June 26th, 1998 the minimum percentage of voting capital will be 5% (five percent) to request the
adoption of cumulative voting in the election of the Board of Directors members. The application must be made to the
Banco do Brasil’s CEO up to 48 hours before the Meeting.
To appoint members of the Board of Directors, there will be observed the rules established by CVM Regulation 367
on May 29th , 2002.
Documents related to the proposals to be deliberated by the Meetings are available at Banco do Brasil’s Headquarter
Building, in the Executive Secretariat - SAUN, quadra 5, lote B - Ed. Banco do Brasil - 13º andar, Brasília (DF), in Banco do
Brasil’s Investor Relations website (www.bb.com.br/ir) and in CVM website (www.cvm.gov.br).
Brasília (DF), March 26th, 2015
Alexandre Corrêa Abreu
Board of Directors Member
The Ordinary Shareholders Meeting decided:
a) to approve, by the majority of votes, the financial statements joined to the Management Report
and the Advices from the Board of Directors, the Board of Auditors and from the independent
auditors and the Report of the Audit Committee, related to the fiscal year 2014, all published on
02/25/2015 in the Diário Oficial da União (Official Daily Government Newspaper) and in the
newspaper Valor Econômico (DF);
b) to approve, by the majority of votes, the allocation of net income for the year 2014, with the
recommendation by the Departamento de Coordenação e Governança das Empresas Estatais
(Department of Coordination and Governance of State owned Companies) in the sense that it will
be made, in the next balance, accounting adjustment in profit sharing, and other that may be
necessary arising from the ownership interest of the instrument eligible to core capital, as
proposed by the Administration, as follows:
R$
Net Income
Profit Acummulated
Adjustments to the Net Income
Legal Reserves
11,312,851,949.56
13,050,928.72
11,325,902,878.28
565,642,597.48
- to be continued -
04.28.2015
Remuneration to Shareholders
Interest on Own Capital
Dividends
Hybrid Capital and Debt Instruments
Utilization of Reserves to Dividends Equalization
Statutory Reserves
to Operational Margin
to Dividends Equalization
3
4,525,140,779.83
3,674,035,990.03
851,104,789.80
80,379,636.11
(383,427,838.97)
6,538,167,703.83
6,211,259,318.64
326,908,385.19
c) to elect, by the majority of votes, the Board of Auditors members, qualified as follows, to fulfill the
2015/2016 mandate, informed that the elected representatives meet the requirements of BB’s
Bylaws and legislation in force:
BOARD OF AUDITORS - 2015/2016 Mandate
Representatives of the National Treasury, appointed by the Minister of Finance:
Incumbent Board Member: PAULO JOSÉ DOS REIS SOUZA, Brazilian, married, administrator,
CPF #494.424.306-53, ID #3.227.774, issued on 01.17.2011 by Secretaria de Segurança Pública
do Distrito Federal. Address: Esplanada dos Ministérios, bloco P, anexo, sala 101, Brasília (DF);
Alternate Board Member: EDÉLCIO DE OLIVEIRA, Brazilian, single, economist, CPF
#546.874.466-04, ID #M-2.910.926, issued on 10.16.1981 by Secretaria de Segurança Pública do
Estado de Minas Gerais. Address: Esplanada dos Ministérios, bloco P, anexo, ala B, térreo,
Brasília (DF);
Federal Government representatives, appointed by the Minister of Finance:
Incumbent Board Member: MARCOS MACHADO GUIMARÃES, Brazilian, married, economist,
CPF #398.826.591-87, ID #885.769, issued on 09.12.1983 by Secretaria de Segurança Pública do
Distrito Federal. Address: Esplanada dos Ministérios, bloco P, 2º andar, sala 223, Brasília (DF);
Alternate Board Member: DANIELLE AYRES DELDUQUE, Brazilian, married, economist, CPF
#670.041.801-15, ID #1.546.082, issued on 09.10.1992 by Secretaria de Segurança Pública do
Distrito Federal. Address: Esplanada dos Ministérios, bloco P, 2º andar, sala 219 A, Brasília (DF);
Incumbent Board Member: ALDO CÉSAR MARTINS BRAIDO, Brazilian, legally separated, lawyer,
CPF #064.456.448-21, ID #18.023.404-3, issued on 02.09.1999 by Secretaria de Segurança
Pública do Estado de São Paulo. Address: Esplanada dos Ministérios, bloco P, 8º andar - Brasília
(DF);
Alternate Board Member: LUIZ FERNANDO JUCÁ FILHO, Brazilian, married, lawyer, CPF
#478.918.230-49, ID #1019858628, issued by Secretaria de Segurança Pública do Estado do Rio
Grande do Sul. Address: Esplanada dos Ministérios, bloco P, sala 814, Brasília (DF);
Members elected by the minority shareholders:
Incumbent Board Member: GIORGIO BAMPI, Brazilian, married, accounting, CPF #005.167.75987, ID #535.971-6, issued on 07.06.2012 by the Secretaria de Segurança Pública do Paraná.
Address: Rua João Américo de Oliveira, 903, apt. 101 A, Bairro Hugo Lange - Curitiba (PR);
- to be continued-
04.28.2015
4
Alternate Board Member: PAULO ROBERTO FRANCESCHI, Brazilian, married, accounting, CPF
#171.891.298-72, ID #669.976-6, issued on 02.22.2013 by the Secretaria de Segurança Pública do
Paraná. Address: Rua Marechal Deodoro, 630, conjunto 1303 - Curitiba (PR);
Incumbent Board Member: MAURICIO GRACCHO DE SEVERIANO CARDOSO, Brazilian,
married, economist, CPF #315.096.737-68, ID #8.644, issued on 11.04.2010 by the Conselho
Regional de Economia do Rio de Janeiro. Address: Rua Visconde de Pirajá, 589/802 - Rio de
Janeiro (RJ);
Alternate Board Member: MARCELO COSTA MARQUES D’OLIVEIRA, Brazilian, common-law
marriage, accounting, CPF #863.728.077-34, ID #060.892/O-0, issued on 07.26.2013 by the
Conselho Regional de Contabilidade do Rio de Janeiro. Address: Rua da Ajuda, 35, 20º andar Rio de Janeiro (RJ);
d) to elect, by the majority of votes, the Board of Directors member, qualified as follows, to fulfill the
2015/2017 mandate, informed that the elected representatives meet the requirements of BB’s
Bylaws and legislation in force:
Federal Government representatives, appointed by the Minister of Finance:
Chairman: TARCÍSIO JOSÉ MASSOTE DE GODOY, Brazilian, married, civil engineer, CPF
#316.688.601-04, ID #554.548, issued on 09.11.1984 by the Secretaria de Segurança Pública do
Distrito Federal. Address: Esplanada dos Ministérios, bloco P, 4º andar - Brasília (DF);
Vice-Chairman: ADRIANA QUEIROZ DE CARVALHO, Brazilian, married, lawyer, CPF
#565.181.296-20, ID #51.941, issued on 03.01.1990 by the Ordem dos Advogados do Brasil (MG).
Address: Esplanada dos Ministérios, bloco P, 8º andar - Brasília (DF);
ALEXANDRE CORRÊA ABREU, Brazilian, married, Bank employee, CPF #837.946.627-68, ID
#621.241, issued on 02.04.1985 by the Superintendência de Polícia Técnico Científica do Estado
do Espírito Santo. Address: Setor de Autarquias Norte, Quadra 5, Lote B, 15º andar, Asa Norte Brasília (DF);
JULIANA PUBLIO DONATO DE OLIVEIRA – BB’s employees representative, Brazilian, single,
Bank employee, CPF #031.071.529-60, ID #50.051.754-X, issued on 04.26.2012 by the Secretaria
de Segurança Pública do Estado de São Paulo. Address: Rua São Bento, 465, 7º andar - São
Paulo (SP);
PABLO FONSECA PEREIRA DOS SANTOS, Brazilian, married, economist, CPF #782.539.00163, ID #13015061999-0, issued on 12.23.1999 by the Secretaria de Segurança Pública do
Maranhão. Address: Esplanada dos Ministérios, bloco P, 3º andar - Brasília (DF).
Federal Government representative, appointed by the Minister of State for Planning, Budget and
Management:
MANOEL CARLOS DE CASTRO PIRES, Brazilian, common-law marriage, economist, CPF
#079.012.567-614, Driver License #176.404.598, issued by the Departamento de Trânsito do
Distrito Federal. Address: Esplanada dos Ministérios, bloco K, 6º andar - Brasília (DF);
- to be continued-
04.28.2015
5
Independent members, elected by the minority shareholders:
BENY PARNES, Brazilian, divorced, economist, CPF #729.641.627-00, Driver License
#04.116.256-1, issued by the Departamento de Trânsito do Rio de Janeiro. Address: Rua
Sambaiba 587, aptº. 1002, Leblon - Rio de Janeiro (RJ);
LUIZ SERAFIM SPINOLA SANTOS, Brazilian, married, civil engineer, CPF #093.068.627-68, ID
#2.081.890, issued on 12.20.1971 by the Secretaria de Segurança Pública do Rio de Janeiro.
Address: Rua Tabapuã, 1123, conjunto 158 - São Paulo (SP).
e) To establish, by the majority of votes, in up to R$ 73,309,063.90 (seventy-three million, three
hundred and nine thousand, sixty three reais and ninety cents) the global remuneration to be paid
to Banco do Brasil S.A. Directors, from April 2015 to March 2016;
f)
To approve, by the majority of votes, in accordance to the individual limits established by the
DEST, emphasized its power to set such limits for the twelve-month period, per heading and
position, according to the attached table, sticking to the overall limit defined in item “e”;
g) To approve, by the majority of votes, the delegation of responsibility to the Board of Directors to
authorize the actual monthly payment of remuneration, observed the global and individual laid
down in items “e” and “f;
h) To establish, by majority vote, the monthly remuneration of the Board of Directors and of the
Board of Auditors members in one tenth of the average monthly perceive members of the
Executive Board, excluding amounts relating to additional vacation and benefits;
i)
To prohibit, by the majority of votes, the transfer of any benefits that eventually were to be granted
to employees of the company, during the formalization of the Label Agreement (ACT) in their
respective base date.
j)
To link, by the majority of votes, the payment of "quarantine" to the approval of the Comissão de
Ética Pública da Presidência da República – CEP/PR (Public Ethics Commission of the
Presidency), according to current legislation;
k) To prohibit, by the majority of votes, the payment of any remuneration not discussed in this
shareholders meeting to the administrative body, including benefits of any nature and
representation fees, pursuan to Law 6404/76, art. 152.
EXTRAORDINARY SHAREHOLDERS MEETING
a)
To approve, by the majority of votes, Banco do Brasil stock capital increase of R$ 6 billion
throught incorporation of part of the balance recorded as Statutory Reserve of Operating Margin;
b)
To aprove, by the majority of votes, the raise of authorized capital to R$ 120 billion;
- to be continued-
04.28.2015
6
th
th
c) To approve, by the majotity of votes, the amendments in Bylaws articles 7 and 8 (attached) due
to resolutions pursuant to items “a” and “b”, aprovar, por maioria dos votos, as alterações dos
artigos 7º e 8º do Estatuto Social (anexo) em virtude das deliberações constantes nos itens “a” e
“b”, which will have the redaction as follows:
Article 7th The capital stock is R$ 60,000,000,000.00 (sixty billion reais), represented by
2,865,417,020 (two billion, eight hundred sixty-five million, four hundred and seventeen
thousand and twenty) book-entry voting shares without par value.
Article 8th The Bank may, regardless of any amendments to these bylaws, if approved by a
General Meeting, and in the conditions established therein, increase its capital up to the limit of
R$ 120,000,000,000.00 (one hundred and twenty billion reais) by issuing voting shares, granting
shareholders preference for subscribing the capital increase proportionally to the number of held
shares, while maintaining the rights of subscription bonus holders.
The voting instructions are stored in the IPE system Securities Commission (CVM)
and in the Company's Headquarters.
Nothing more to discuss, the Chairman thanked the Shareholders and closed the
proceedings of the Ordinary and Extraordinary Shareholders Meeting of the Banco do Brasil, of
which I (signed) Célio Cota de Queiroz, Second Secretary, had these minutes drawn up in
summary form, as determined by Paragraph 3rd of Article 9 of the Bylaws, which have read and
approved, is dully signed.
Checked:
_______________________
Eduardo Alvez Weimer
OAB RS 75055
CPF-MF 988.436.050-20
___________________________
Neila Maria Barreto Leal
First Secretary
___________________________
Luiz Cláudio Ligabue
Chairman
___________________________
Kátia Aparecida Zanetti de Lima
Federal Government Representative
6.470.100
100.000
6.370.100
2.167.906
8.855
47.107
120.914
JGP DTVM
Soloist Capital, LLC
ITCA Multimercado Crédito Privado - Fundo de Investimento
JGP Max Master Fundo de Investimento Multimercado
AGO
II IV
F F
F F
F F
F F
F F
F F
F F
VI
F
F
F
F
F
F
C
AGE
I II III
F F F
F F F
F F F
F F F
F F F
F F F
F F F
A A F F F F F
A A F F F F F
A A F F F F F
A A A A A A A
A A A A A A A
POSIÇÃO ACIONÁRIA I
1.453.487.115
F
304.279.714
F
150
F
100
F
100
F
51
F
3.075
C
Geração Futuro
Geração L.Par Fundo de Investimento em Ações
Geração Futuro CV S/A
Tesouro Nacional
Caixa de Previd. dos Func. Banco do Brasil
Luiz Cláudio Ligabue
Célio Cota de Queiroz
Neila Maria Barreto Leal
Lilia Aparecida Ramos de Lima
UNAMIBB
Legenda do voto: (votes legend)
F – a favor( in favour)
C – contra( against)
A – abstenção(abstention)
-ORDINARY AND EXTRAORDINARY SHAREHOLDERS MEETING - 04.28.2015
BANCO DO BRASIL S.A.
Fundos BB DTVM
BB Previdência Ações FI
BB CAP Ações Fundo de Investimento
BB Previdenciário Ações Governança FI
FFIE - FDO Fiscal de Invest e Estabilização FI MM Cred Priva
BB Top Multi Balanceado FI
CIN Clube de Inv Func Banco do Brasil
BB Terra do Sol FI MM
BB CAP Ibovespa Indexado FIA
BB Eco Gold Fdo de Inv em Ações
BB Top Ações Dividendos Ativo FI
BB ETF S&P Dividendos Brasil Fundo de Indice
BB Top Ações Total Return FI
BB Previdência ISE Ativo Fundo de Investimento em Ações
BB Orobo FI em Ações
BB Top Ações Dividendos FIA
Brasilprev Top Ações Dividendos Fundo de Investimento
Brasilprev Top A Fundo de Investimentos em Ações
BB Top Multi Institucional LP FI Multimercado
BB Top Ações Ibovespa Indexado FI
BB Top Ações IBRX Indexado FI
JGP Hedge Master Fundo de Investimento Multimercado
JGP Institucional - Fundo de Investimentos em Ações
JGP Master Fundo de Investimento em Ações
JGP Explorer Master Fundo de Investimentos em Ações
Hamburgo Fundo de Investimento Multimercado Crédito Privado
JGP Explorer Institucional Fundo de Investimento em Ações
Fim Santa Cristina IE Crédito Privado
JGP Equity Master Fundo de Investimento Multimercado
Northern Gate LLC
Ouro Branco Multimercado Crédito Privado - F de Investimento
São Fernando VII Fundo de Investimentos em Ações
123.420.353
127.513
31.200
246.683
110.650.000
16.300
1.787.984
15.000
5.900
96.900
27.900
20.400
14.100
15.000
18.500
470.000
730.000
899.200
1.500
122.180
117.532
9.473
420.329
187.973
246.650
92.834
182.809
136.916
551.986
50.113
58.017
53.930
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
A
A
A
A
A
A
A
A
A
A
A
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
F
F
F
F
F
F
F
F
F
F
F
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
F
BB Top Ações Setorial Bancos FI
BB Ações BB Fundo de Investimento
BB Ações 22 FI
242.401
7.750.360
13.800
F F A A F F F
F F A A F F F
F F A A F F F