People: Banco Bradesco SA (BBD)

Mr. Jose Alcides Munhoz serves as Executive Vice President and Member of the Executive Board of Banco Bradesco SA. Previously, he acted as Managing Director of the Bank since March 1999 until 2011. He is Member of the Bank's Risk Management Committee. He joined Bradesco in October 1970. He held all positions of the hierarchical scale in a bank. He was elected Regional Director in March 1989, Department Director in January 1995, Associate Executive Officer in March 1998 and Managing Director in March 1999. He is Member of the Managing Body of Fundacao Bradesco and Member of the Board of Directors of the Foundation Institute for Digestive System and Nutrition (FIMADEN). He was Director of Bradesco Consorcios Ltda, current Bradesco Administradora de Consorcios Ltda.