| Capital Management |
The assessment of capital adequacy is
based on Agibank's strategic planning, supported by the economic-financial budget, which is based on the following assumptions: the projection
of asset growth, based on the estimated credit offering; estimated delinquency and collection; projection of liabilities necessary for
the sustainable maintenance of liquidity given the need for asset growth, including the number of employees, technology level, and also
the revenues and expenses, whether operational or administrative, expected to occur according to the anticipated evolution of the operations.
| Schedule of capital adequacy |
|
|
| |
As of December 31, |
| Capital Adequacy |
2025 |
2024 |
| Referential Equity (PR) |
3,876,865 |
2,443,053 |
| Referential Equity - Tier I |
3,549,410 |
2,077,838 |
| Referential Equity - Tier II |
327,455 |
365,215 |
| Risk-Weighted Assets (RWA) |
25,008,421 |
17,481,130 |
| Credit Risk (RWAcpad) |
22,483,368 |
15,192,006 |
| Market Risk (RWAmpad) |
227,428 |
9,290 |
| Operational Risk (RWAopad) |
2,297,625 |
2,279,834 |
| Banking Risk (RBAN) |
699,475 |
942,939 |
| Full Exposure |
48,936,525 |
30,034,082 |
| Capital Adequacy Ratio (PR/RWA) |
15.50% |
13.98% |
| Capital Adequacy Ratio (PR/RWA+RBAN) |
15.08% |
13.26% |
| Leverage Ratio |
7.25% |
6.92% |
The minimum level for the Capital Adequacy Ratio
required by the current regulation is 10.5%, according to CMN Resolution No. 4.958/21. As of December 31, 2025, Agibank has a capital
margin of 4.58% (2.76% as of December 31, 2024).
| Schedule of referential equity |
|
|
| |
As of December 31, |
| Composition of Referential Equity (PR) |
2025 |
2024 |
| Equity |
5,277,257 |
2,719,761 |
| Prudential Adjustments to Tier 1 Capital |
(1,956,689) |
(641,923) |
| Referential Equity |
3,320,568 |
2,077,838 |
|
Complementary Capital
|
228,842 |
- |
| Tier I |
3,549,410 |
2,077,838 |
| Instruments Eligible for Tier II |
327,455 |
365,215 |
| Tier II |
327,455 |
365,215 |
| Referential Equity |
3,876,865 |
2,443,053 |
Agibank's Tier II Capital is composed
of Subordinated Letters of Credits operations. As of December 31, 2025, the principal amounts to R$342,700, compared to R$372,700 on December
31, 2024. The balance of these operations stands at R$530,497 as of December 31, 2025, up from R$522,283 on December 31, 2024. There is
no forecast for early repurchase of these operations.
| Schedule of subordinated letters of credits |
|
|
|
|
|
|
| |
|
|
|
|
As of December 31, |
| Financial Instrument |
Principal |
Issuance |
Maturity |
Remuneration |
2025 |
2024 |
| Subordinated Letters of Credits |
30,000 |
May/19 |
Apr/25 |
11.7% |
- |
55,641 |
| Subordinated Letters of Credits |
20,000 |
Apr/20 |
Apr/26 |
10.5% |
35,200 |
31,865 |
| Subordinated Letters of Credits |
15,000 |
nov/21 |
nov/27 |
CDI + 4% |
28,680 |
24,127 |
| Subordinated Letters of Credits |
300 |
May/22 |
Jun/29 |
16.9% |
523 |
448 |
| Subordinated Letters of Credits |
2,900 |
May/22 |
May/29 |
CDI + 4% |
5,166 |
4,346 |
| Subordinated Letters of Credits |
39,300 |
May/22 |
May/29 |
16.4% a 16.7% |
67,971 |
58,401 |
| Subordinated Letters of Credits |
900 |
Jun/22 |
Jun/29 |
CDI + 4% |
1,587 |
1,335 |
| Subordinated Letters of Credits |
600 |
Jun/22 |
Jun/29 |
17.3% a 17.6% |
1,058 |
902 |
| Subordinated Letters of Credits |
10,200 |
Jun/22 |
Jun/29 |
17% a 17.4% |
17,800 |
15,211 |
| Subordinated Letters of Credits |
1,500 |
Jun/22 |
jul/29 |
17.3% a 17.6% |
2,627 |
2,239 |
| Subordinated Letters of Credits |
92,700 |
Jul/22 |
Jul/29 |
CDI + 4% |
161,666 |
136,010 |
| Subordinated Letters of Credits |
58,200 |
Jul/22 |
Jul/29 |
17.3% a 17.6% |
101,753 |
86,616 |
| Subordinated Letters of Credits |
1,200 |
Jul/22 |
Jul/29 |
17% a 17.4% |
2,095 |
1,786 |
| Subordinated Letters of Credits |
99,900 |
Mar/24 |
Mar/34 |
CDI + 2.9% |
104,372 |
103,356 |
| Total |
372,700 |
|
|
|
530,498 |
522,283 |
|