Banco do Brasil Foundation

Acting in accordance with legislation, regulations, policies and best practices is a fundamental precept of BB Foundation.

BB Foundation's Ethics Committee aims to ensure ethics, discipline and monitoring of the implementation of measures, recommendations and guidelines deliberated by the Committee itself. As a reference for its performance, its Code of Ethics and Standards of Conduct Learn more about BB Foundation's Code of Ethics and Standards of Conduct: https://fbb.org.br/images/Sobre_nos/005_Governanca/C%C3%B3digo%20de%
20%C3%89tica%20e%20Normas%20de%20Conduta%20da%20FBB.pdfis used.

BB Foundation's Code of Ethics presents the institution's commitments and guidelines in relation to its stakeholders, providing specific guidelines on combating corruption and money laundering, listing illicit practices such as bribery, extortion and kickbacks. The Standards of Conduct present duties and behaviors expected in the work environment, facilitating the application of the commitments assumed in the Code of Ethics.

In order to provide transparency to actions and ensure compliance with the laws and regulations in force, BB Foundation is accountable to the Ministério Público do Distrito Federal e Territórios - MPDFT (Federal Prosecution Office of the Federal District and Territories), Ministry of Citizenship BB Foundation has, since 2010, the Social Assistance Charity Entity Certificate (CEBAS) which is granted by the Federal Government to non-profit entities recognized as social assistance charities that provide services in the areas of education, social assistance or health. The granting of the certificate allows the entity to enjoy the exemption from social security contributions and the signing of partnerships with the public authorities.
‍ and the Federal District Social Assistance Council. In addition, it prepares, annually, the Activities Report; Financial and Accounting Statements; and the Summary of Budget Execution, which are submitted to the appreciation of an Independent Audit and the Fiscal Council of BB Foundation, and approval by the Trustee Council. It is also periodically audited by Banco do Brasil's Internal Audit and an Independent Audit.

In line with the precepts of Law 13.709/2018 - LGPD, as well as the guidelines arising from our grantor Banco do Brasil, BB Foundation prepared its Privacy and Protection of Personal Data Policy in order to guide its performance in relation to privacy, commitment, secrecy and transparency in the treatment of information under its custody, their application being directed to partners, suppliers, collaborators or anyone who relates to BB Foundation, especially to the holders of personal data.

BB Foundation registered with the Union’s General Comptroller - CGU for the certification of the “2020-2021 Pro-Ethical Company” seal, an initiative that fosters and recognizes good practices in organizations committed to the implementation of integrity mechanisms.

Seeking the permanent involvement of the employees, BB Foundation is dedicated to the constant publication of content related to the topic of ethics and prevention and fight against corruption, newsletters, wallpapers, electronic messages and periodic information.

Integrity Program

BB Foundation states in the Integrity Program Discover the Integrity Program at: https://fbb.org.br/programa-integridade all mechanisms to promote good governance practices, as well as to avoid risks, fraud and corruption in its own performance and in projects carried out with partners, considering the legal requirements for preventing and combating corruption (Law 12.846/2013).

The document includes a series of rules and recommendations, including the ban on the practice of nepotism; the prohibition on granting financial resources to legal entities that hold management positions, members of the Trustee Council, of the Executive Board or of the Fiscal Council of BB Foundation, as well as spouses, companions or relatives up to the third degree. The impediment also applies to entities and institutions that have Banco do Brasil representatives in any management position.

The prohibition also applies to individuals or legal entities that violate human rights, such as the exploitation of child labor or similar to slavery, prostitution, sexual exploitation of children and adolescents or that generate environmental degradation; manufacturers of weapons, cigarettes or alcoholic beverages; active in political party or with electoral interests; those configured as churches or religious cults; or appearing in the Cadastro de Empresas Inidôneas e Suspensas - CEIS (Registry of Unlawful and Suspended Companies) and in the Cadastro Nacional de Empresas Punidas - CNEP (National Registry of Punished Companies).

The figure below briefly demonstrates the mechanisms that make up the BB Foundation's Integrity Program.

After the implementation and dissemination of its Integrity Program, BB Foundation started to be recognized as benchmarking by several organizations (public, business, class entities, educational institutions and third sector organizations).

The great result to be highlighted was the construction of an integrity culture that, throughout 2020, consolidated the commitment of BB Foundation and its employees with values and ethical principles of integrity and transparency.

Thus, in order to promote a culture of integrity, in 2020 a survey was carried out with the BB Foundation's employees to measure the level of knowledge and interest on the topic, enabling the planning of disclosures and training actions for 2021.

The Integrity Bulletin was created and its objective is to present the integrity actions carried out to the Fiscal and Trustee Councils, covering actions related to Governance, Risk Management and Compliance, consolidating them as Integrity Management.