UBS Global Asset Management ("UBS Global AM") and BB Gestão de Recursos DTVM S.A ("BB DTVM"), the asset management arm of Banco do Brasil ("BB"), today announced a joint collaboration to provide Brazilian institutional investors the opportunity to invest in global sustainable equities.

Global investing is increasingly capturing the attention of institutional investors in Brazil. The local pension fund system, with close to R$ 674 billion1 in total assets, is currently allocated almost entirely to domestic investments but beginning to invest internationally. In addition, sustainable investing is becoming a key focus for investors, with 17 leading Brazilian pension funds now signatories to the United Nations' Principles for Responsible Investment ("PRI") (www.unpri.org).

To meet this growing demand, BB DTVM will launch a registered feeder fund (in compliance with CMN Resolution 3,792) giving investors access to the UBS Global Sustainable Equity portfolio ("GSE"). GSE seeks to maximize total return with a sustainable investment approach, using a unique positive screening process that combines material sustainability factors and fundamental valuation analysis. Managed by UBS Global AM's Sustainable Equities team, GSE has a track record that dates back to 1997 and ranks2 in the top quartile of Global All Cap Core Equity managers (eVestment Alliance) over 1, 3 and 5 years.

UBS Global AM has committed USD 20 million (approximately R$62 million) to launch the local fund.

“We are delighted to work with Banco do Brasil to provide Brazilian investors the opportunity to invest internationally. UBS Global Asset Management has a strong and long standing track record in sustainable investing, an area which will only continue to grow in importance," said Marilyn Foglia, Head of Latin America for UBS Global Asset Management. "We believe that UBS’s Global Sustainable Equity strategy is an interesting offering to meet this growing demand."

Carlos Takahashi, President of BB DTVM, noted: “In line with our commitment to promote the Principles Responsible Investments to our investor base, we are pleased to work with UBS to offer our clients access to global sustainable equity strategies. This initiative expands access for our clients to innovative offshore strategies carefully selected by BB DTVM, contributing to the growing diversification of Brazilian investments."

Notes to Editors

About UBS Global Asset Management

Global Asset Management is a large-scale asset manager with well diversified businesses across regions and client segments. It serves third-party institutional and wholesale clients, as well as clients of UBS’s wealth management businesses with a broad range of investment capabilities and styles across all major traditional and alternative asset classes. Complementing the investment offering, the fund services unit provides fund administration services for UBS and third-party funds.

For more information visit: https://www.ubs.com/global/en/asset_management.html

About UBS

UBS is committed to providing private, institutional and corporate clients worldwide, including Brazil, as well as retail clients in Switzerland, with superior financial advice and solutions while generating attractive and sustainable returns for shareholders. Its strategy centers on its Wealth Management and Wealth Management Americas businesses and its leading universal bank in Switzerland, complemented by its Global Asset Management business and its Investment Bank. These businesses share three key characteristics: they benefit from a strong competitive position in their targeted markets, are capital-efficient, and offer a superior structural growth and profitability outlook. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates. Capital strength is the foundation of its success.

About Banco do Brasil DTVM

A wholly-owned subsidiary of Banco do Brasil S.A., BB DTVM was created in 1986 and since 1994 has consistently occupied the leading position in Brazilian financial funds industry, with a market share of 21.7%. Managing more than USD 181 billion (BRL 555 bi) in assets, BB DTVM - Banco do Brasil Asset Management - is the largest asset manager in Brazil and Latin America. BB DTVM provides products and services that meet the investment needs of a variety of market segments: individuals, companies, the public sector and institutional investors through Banco do Brasil distribution network.

The safety and credibility of the Banco do Brasil brand name, associated with the expertise of its qualified personnel, high technology and transparency in management, endow BB DTVM with the conditions necessary for it to meet the consistently increasing sophisticated requirements of the Brazilian capital markets.

Since 2010 BB DTVM is signatory of Principles of Responsible Investment – PRI.

About Banco do Brasil

Banco do Brasil is the largest Brazilian and Latin America bank by assets. Established in 1808, Banco do Brasil is one of the oldest financial institutions in the world. As the largest financial franchise in Latin America, Banco do Brasil offers a broad range of financial services to individuals, institution and government agencies, totaling more than 61 million clients, served through the largest distribution network in Brazil, with more than 69 thousand points of distribution, and also with 45 points abroad in 25 countries.

Banco do Brasil employs over 110,000 people. Its shares are traded in the BM&F Bovespa Exchange and the New York Stock Exchange (NYSE), also figured on the Dow Jones Sustainability Index (DJSI) for the third consecutive year, and for the ninth consecutive year on the Corporate Sustainability Index (ISE) of the BM&F Bovespa, since it was created. Since 2014 Banco do Brasil is recognized as one of the most ethical companies in the world by Etisphere.

For more information visit: http://www.bb.com.br/portalbb/jsp/eng/index.jsp

1 As of January 2015, Abrapp (~$219bn USD using exchange rate as of 17 June 2015)

eVestment Alliance, December 2014

UBSNew YorkGregg Rosenberg, +1-212-713-8843gregg.rosenberg@ubs.comorSão Paulo:Renata Monguzzi, +55-11-2767-6642renata.monguzzi@ubs.comorSão PauloClaudia Ribeiro, +55-11-3709-2699claudia.ribeiro@teneostrategy.comorBanco do Brasil DTVMRio de JaneiroJordhanna Marques, +55-21-3808-7776jordhanna.marques@bb.com.br

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