B3 Grants Banco do Brasil Exception for Audit Committee Independence Compliance
Banco do Brasil S.A. received approval from B3 to maintain its current Audit Committee composition until April 30, 2026, despite Novo Mercado Regulations requiring an independent board member. Temporary restrictions prevent current independent members from serving. Compliance is expected by April 2026.
Banco do Brasil S.A. has received exceptional approval from B3 S.A. - Brasil, Bolsa, Balcão to maintain its current Audit Committee composition until April 30, 2026. The approval was granted after Banco do Brasil requested an exception to the Novo Mercado Regulations, which require the participation of an independent board member in the Audit Committee. Due to temporary regulatory restrictions, the current independent board members are not eligible to serve on the committee. The company is expected to comply with the regulation by adjusting the committee’s composition once the restrictions expire in April 2026. This approval applies solely to Banco do Brasil S.A. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Banco do Brasil SA published the original content used to generate this news brief on December 05, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT) Original Document: here
