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Results Presentation

1Q13

Disclaimer

This presentation may contain references and statements representing future

expectations, plans of growth and future strategies of BI&P. These references and

statements are based on the Bank’s assumptions and analysis and reflect the

management’s beliefs, according to their experience, to the economic environment

and to predictable market conditions.

As there may be various factors out of the Bank’s control, there may be significant

differences between the real results and the expectations and declarations herewith

eventually anticipated. Those risks and uncertainties include, but are not limited to

our ability to perceive the dimension of the Brazilian and global economic aspect,

banking development, financial market conditions, competitive, government and

technological aspects that may influence both the operations of BI&P as the market

and its products.

Therefore, we recommend the reading of the documents and financial statements

available at the CVM website (www.cvm.gov.br) and at our Investor Relations page in

the internet (www.bip.b.br/ir) and the making of your own appraisal.

2

Highlights

3

This quarter we completed a cycle that has begun in April 2011 with the entry of a new

management team and new shareholders, including the private equity fund Warburg

Pincus. Today, all the teams, processes and strategies are fully operational.

During this period, we recycled our loan portfolio by acquiring new clients and through

credit exit from poor quality loans.

To conclude this first cycle and to ensure that the future results of the Bank are not

contaminated, in 1Q13 we decided to strengthen the allowance for loan losses (ALL). Of

the total ALL expenses of R$133.4 million in the quarter, R$126.5 million pertain exclusively

to the loans granted before April 2011.

Reflecting the more conservative position of the current management, our allowance for

loan losses is enough to cover 96.4% of loans classified between D and H in March 2013

(47.3% in December 2012).

As a result of this allowance, we recorded a loss of R$91.4 million in the 1Q13.

We announced a capital increase of up to R$92 million, of which the private equity fund

Warburg Pincus and the controlling shareholders have already committed to subscribe to

R$82 million.

We also announced the closing of the acquisition process of Voga Empreendimentos e

Participações Ltda., which is already fully integrated to BI&P activities.

The cycle of changes started in April 2011 was

completed...

4

Broad change in the Management team and the sales force

Repositioning of our target market to focus on bigger companies with lower risk

Reconstruction of the credit portfolio

Multiple product offering and cross selling to customer base

Attraction of an IB and fixe income team

Funding Diversification & Cost Reduction

Complementary ALL and Capital Increase

Allowance for loan losses in 1Q13 of R$133 million

• R$126 million related to loans granted before April 2011

(R$110 million as additional allowance for loan losses)

• ALL enough to cover 96.4% of loans rated from D to H (47.3% in 4Q12)

Capital Increase up to R$92 million in Tier I

• R$82 million: Warburg Pincus and controlling shareholders

Reinforces the confidence of all the partners in BI&P project

Maintained the same equity level of December 2012

In case of the capital increase occurred in the end of March 2013:

5

1Q13 1Q13*

Index Basel 14.2% 16.8%

* In case of the capital increase occurred in the end of 1Q13.

2,759 2,807 2,991 3,068 3,048

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Loans and Financing in Real

Trade Finance

Guarantees Issued (L/G and L/C)

Agricultural Bonds (CPR, CDA/WA and CDCA)

Private Credit Bonds (PN and Debentures)

-0.7%

Expanded Credit Portfolio We achieved a better balance between Middle Market and Corporate

segments...

6

Client Segmentation ...Middle Market increases its share in the credit portfolio...

7

39%

47%

59%

51%

2%

1%

4Q12

1Q13

Middle Market Corporate Other

Average exposure per

client | R$ million 1Q13 4Q12

Corporate 5.0 5.2

Middle Market 3.0 2.4

1,396 1,422 1,253

1,200 1,445

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Middle Market

1,309 1,334

1,682 1,820 1,567

1Q12 2Q12 3Q12 4Q12 1Q13

R$

mill

ion

Corporate

Note: Other Credits includes Consumer Credit Vehicles, Acquired Loans and Non-Operating Asset Sales Financing.

Migration of clients from Middle to Corporate = ~R$200mn as of June 30, 2012 and ~R$260mn as of Sept. 30, 2012

Annual revenues from R$40mn to R$400mn Annual revenues of between R$400mn and R$2bn

Expanded Credit Portfolio Development ...maintaining the focus on higher quality assets...

8

646 517

687 728 589

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

New Transactions

3,068 3,048 589 (512)

(89) (8)

4Q12 AmortizedCredits

CreditExits

Write offs NewOperations

1Q13

R$ m

illion

99,1% of the new

transactions in the

last 12 months are

classified between

AA and B.

Loans 45.8%

Credit Assignments

10.9%

Confirming 0.8%

Discount Receivables

0.3%

NCE 0.3%

CCE 0.4%

CCBI 0.6%

Expanded Credit Portfolio ...and increasing the new products share in the porfolio...

9

Loans & Discounts in

Real 59%

Trade Finance

16%

BNDES Onlendings

9%

Guarantees Issued

6% Agricultural Bonds

8%

Private Credit Bonds

0.9%

Other 1%

1Q12

Loans & Discounts in

Real 56%

Trade Finance

14%

BNDES Onlendings

10%

Guarantees Issued

6% Agricultural Bonds 12%

Private Credit Bonds

1.3%

Other 1%

1Q13

Loans 32.7%

Credit Assignments

13.2%

Confirming 0.0%

Discount Receivables

0.2%

NCE 5.2%

CCE 2.8%

CCBI 1.6%

315 371

529 482

403

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Large Corporate Ecosystem*

Receivables drawn on Clients Receivables from Clients

230 267 307 327 371

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Agricultural Bonds

CPR Warrant (CDA/WA) CDCA

Developing Franchise Value ...in specific niches...

10

41 60

94 92 90

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Fixed Income Bonds

Debentures Real Estate Credit Bank Notes

* Acquisition and/or assignment of receivables originated by our customers and

Transactions with receivables of suppliers drawn on our clients (Confirming).

The expertise development in certain

niches and structures that create

competitive advantages allows

profitability increase through fees.

1.4% 1.6% 1.7% 1.7% 1.8%

2.5% 2.9% 3.0% 3.0% 3.0% 3.1% 3.3% 3.9% 4.2%

5.7% 8.0%

13.0% 13.4%

22.8%

Financial institutions

Power Gen. & Distr.

Machinery and Equipments

Electronics

Financial Services

Education

Advertising & Publishing

Commerce

Oil & Biofuel

Metal Industry

Textile, App. & Leather

Pulp & Paper

Chemical & Pharma

Transport. & Log.

Automotive

Other*

Construction

Food & Beverage

Agribusiness

1Q13

1.4% 1.5% 1.9% 2.1% 2.6% 2.9% 3.2% 3.3% 3.5% 3.8% 3.9% 4.2% 4.7%

5.5% 9.4%

13.9% 14.7%

17.6%

Individuals

Commerce

Advertising & Publishing

Financial Services

Oil & Biofuel

Education

Financial institutions

Power Gen. & Distr.

Metal Industry

Chemical & Pharma

Transport. & Log.

Textile, App. & Leather

Pulp & Paper

Automotive

Other*

Food & Beverage

Construction

Agribusiness

1Q12

Credit Portfolio ...with relevant exposure in agribusiness...

11 * Other industries with less than 1.4% of share.

Credit Portfolio ...and short term maturity profile maintained.

12

1Q12 1Q13

Top 10 16%

11 - 60 largest

33%

61 - 160 largest

26% Other 25%

Client Concentration

Top 10 16%

11 - 60 largest

32%

61 - 160 largest

27% Other 25%

Client Concentration

Up to 90 days 40%

91 to 180 days 18%

181 to 360 days 16%

+360 days 26%

Maturity

Up to 90 days 36%

91 to 180 days 19%

181 to 360 days 16%

+360 days 29%

Maturity

3.2% 2.8% 3.0%

1.5% 2.3%

2.7% 2.6% 1.8%

1.2%

2.2%

1Q12 2Q12 3Q12 4Q12 1Q13

NPL / Credit Portfolio

NPL 60 days NPL 90 days

Credit Portfolio Quality 97.8% of loans granted in the quarter were rated from AA to B

13

Credits rated between D and H totaled

R$228.3 million at the end of 1Q13:

− R$169.1 million (74% of Credit Portfolio

between D and H) in normal payment course;

− Only R$59.2 million overdue +60 days;

− 96.4% covered (46.7% in the 4Q12). 4%

2%

2%

39%

42%

40%

33%

35%

36%

17%

13%

13%

8%

8%

9%

1Q12

4Q12

1Q13

AA A B C D - H

78.2%

79.1%

75.2%

96.4% of credits

rated between D-H

covered

2,736 2,755 2,936 2,999

3,170

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

in Local Currency in Foreign Currency

Funding Product mix helps with cost reduction

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Time deposits (CDB) 30%

Insured Time

Deposits (DPGE)

29%

LCA 11%

LF and LCI 0%

Interbank & Demand Deposits

6%

Onlendings 9%

Foreign Borrowings

15%

1Q12

Time deposits (CDB) 26%

Insured Time

Deposits (DPGE)

29%

LCA 15%

LF and LCI 2%

Interbank & Demand Deposits

5%

Onlendings 10%

Foreign Borrowings

13%

1Q13

LCA: Agribusiness Letters of Credit; LF: Bank Notes; LCI: Real Estate Letters of Credit

Operating Performance and Profitability

15

67.6% 60.8% 69.7% 78.4%

155.3%

1Q12 2Q12 3Q12 4Q12 1Q13

Efficiency Ratio*

6.6%

7.7% 6.1% 5.9%

2.7%

6.7%

5.5% 5.8% 5.3%

5.4%

1Q12 2Q12 3Q12 4Q12 1Q13

Net Interest Margin (NIM)

NIM(a)

NIM(a) w/o effects of hedge accounting and discounts

5.0 2.4 3.1 3.6

1Q12 2Q12 3Q12 4Q12 1Q13

R$ m

illion

Net Profit

3.5 1.7 2.2 2.5

1Q12 2Q12 3Q12 4Q12 1Q13

Return on Average Equity (ROAE) %

-91,4

n.r.

n.r.= not representative * Details about the calculation are available in the 1Q13 Earnings Release at www.bip.b.br/ir .

590.5 582.4 587.6 587.2 498.4

590.4

1Q12 2Q12 3Q12 4Q12 1Q13 1Q13*

R$ m

illion

Shareholders’ Equity

17.5% 17.0% 15.8% 14.9% 14.2% 16.9%

1Q12 2Q12 3Q12 4Q12 1Q13 1Q13*

Basel Index (Tier I)

4.7x 4.8x 5.1x 5.2x 6.1x

5.2x

1Q12 2Q12 3Q12 4Q12 1Q13 1Q13*

Leverage Expanded Credit Portfolio/ Equity

Capital Structure and Ratings

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Agency Rating Last

Report

Standard & Poor’s

Global: BB/Negative/ B

National: brA+/Negative/brA-1 Mar/13

Moody’s Global: Ba3/Stable/Not Prime

National: A2.br/Stable/BR-2 Feb/13

Fitch Ratings National: BBB/Stable/F3 Nov/12

RiskBank Index: 10.38

Low Risk Short Term Apr/13

* In case of the capital increase occurred in the end of 1Q13.

17

Achieve economies of scale through Credit Portfolio growth

Promote IB activities – Fixed Income and M&A

Increase product and derivative desk performance

New Joint Ventures to improve assets generation

New distribution plataforms of our products

Continuous review of processes, systems and controls aiming reduction costs

Strategy for 2013

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