Institutional Presentation June 2011 Agenda Page 3 Brazilian - PowerPoint PPT Presentation

Institutional Presentation June 2011

Agenda Page 3 Brazilian Credit Market Page 4 Overview and Market Capital Page 9 2Q11 Results Page 28 Peers Page 32 Appendix 2

Brazilian Credit Market Credit Evolution in Brazil (% of GDP) 47.2 41.3 45.0 46.4 36.6 34.8 32.0 28.1 30.7 28.8 27.9 26.8 26.4 24.9 24.7 24.5 22.0 24.0 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 1H11 Financial System Total Credit Operations vs. Banco Daycoval (% p.y.) Total credit operations of the financial system - R$Billion 112 1,834.0 1,705.8 1,414.3 67 1,227.3 53 51 935.9 40 732.6 28 31 607.0 498.7 22 21 21 19 15 14 15 8 -1 2004 2005 2006 2007 2008 2009 2010 1H11 2004 2005 2006 2007 2008 2009 2010 1H11 Daycoval Loan Portfolio Brazilian Credit Volume Source: Brazil Central Bank 3

Corporate Governance Board of Executive Officers Board of Directors Chairman Years on Name / Title Daycoval Representative of the Controlling Sasson Dayan, CEO 42 Shareholder Morris Dayan, Executive and Sasson Dayan 18 Investor Relations Officer Salim Dayan, Executive Officer 19 Carlos Moche Dayan, Executive Officer 17 Representative of the Independent Independent Regina Maciel Nogueira, Officer 20 Controlling Member Member Nilo Cavarzan, Officer 6 Shareholder Gustavo Henrique de l Peter M. Yu Rony Dayan Albert Rouben, Officer 11 Barroso Franco 100% Tag Along Policy on Securities Executive Committe Risk Management Exchange (PF Shares) Prevention of Manual of Conduct Money Laundering and Ethics (PML) 4

Financial System Ranking Private Ranking Daycoval National Banks National Banks Shareholders ’ Equity 16º 22º Net Income 18º 24º Total Deposits 20º 27º Total Assets 24º 28º Source: Brazil Central Bank – March 2011 Rating Global Scale Global Scale Global Scale Low Risk – Mid- Term Long Term Baa3 Long Term BB Long Term BB Short TermPrime-3 Short TermB Index 10.40 Short Term B National Scale National Scale National Scale Long Term Aa1 Long Term A+(bra) Long Term brAA- Short TermBR1 Short TermF1 (bra) Stable Short Term brA-1 Investment Grade Positive Stable June2011 December 2010 May 2011 April 2011 5

Daycoval’s Market Capital and Capital Structure Capital Structure – June 2011 Stock Performance – 2Q11 Daycoval Holding Financeira S/A DAYC4 (R$) 2Q11 1Q11 Chg. % Closing Quotation 9.80 12.20 -19.7% 25.3% Controlling Shareholders (Family) + Daycoval Expert High for the quater 12.40 12.95 -4.2% Average for the quarter 11.09 12.04 -7.9% 0.4% Treasury 65.8% 8.5% Low for the quarter 9.50 11.07 -14.2% Market Value (R$)Million 2,119.98 2,639.16 -19.7% Free-Float Total Shares: 216.3 million shares. Free Float: 54.7 million shares. First middle market bank to implement a ADR Level I Program. Coverage by research analysts from 18 local and international brokerage firms. 6

Daycoval Asset Management Assets Under Profitability Funds June 2011 Management R$ Daycoval Asset Management offers a variety of Million investment funds and differentiated products such as portfolio administration. At the present time we have Daycoval Renda Fixa 0.96% 148.74 % CDI 100.74% eight open funds and twelve closed funds. Daycoval Prev. F.I. Renda Fixa 0.93% 22.73 Asset ended June 2011 with a total of funds generated % CDI 97.68% and/or administered of R$ 1,128.2 million. Multifunds Daycoval Multifunds 0.773% 13.48 % CDI 81.21% Assets Under Management – R$ Million Parnamirim 0.926% 288.35 % CDI 97.35% 1,158 1,128 Oasis 1.055% 74.85 % CDI 110.84% 643 Daycoval Classic Fim Cred. Priv 1.011% 154.35 %CDI 106.28% 241 238 Apache Fim 0.975% 14.64 91 138 %CDI 102.47% 36 Stocks 2004 2005 2006 2007 2008 2009 2010 1H11 Daycoval Target -1.47% 26.08 Diferença Ibovespa 1.96% 7

Distribution: More than 100 points of Sale 31 Branches SÃO PAULO – SP HD Av. Paulista SP - ALPHAVILLE ES - VITÓRIA CE - FORTALEZA SP - BOM RETIRO MG - BELO HORIZONTE PE - BOA VIAGEM SP - BRÁS RJ - RIO DE JANEIRO PE - RECIFE SP - CAMPINAS PR - LONDRINA RN - NATAL SP - FARIA LIMA PR - CURITIBA SE- ARACAJU SP - GUARULHOS RS - CAXIAS DO SUL DF - BRASÍLIA SP - RIBEIRÃO PRETO RS - PORTO ALEGRE MS - CAMPO GRANDE SP - SÃO BERNARDO SC - FLORIANÓPOLIS MT - CUIABÁ SP - SOROCABA AL - MACEIÓ AM - MANAUS SP - UBERLÂNDIA BA - SALVADOR PA - BELÉM IFP Promotora de 11 exchange 10 Daypag Offices Serviços de bureaus in São in major cities of São Intermediação Paulo and one Paulo State: Osasco, Financeira Ltda, is a correspondent Barueri, Guarulhos, financial intermediation Americana, Atibaia, foreign exchange company created to Campinas, Ribeirão desks distributed promote operations for Preto, Mogi Guaçu e strategically in São individuals. It has 56 Detran São Paulo Paulo and Rio de stores in operation Janeiro throughout Brazil. 8

Key Figures 2Q11 Total Assets R$ 11,024.0 million Expanded Loan Credit Portfolio R$ 7,066.9 million Funding R$ 6,712.9 million Shareholders ’ Equity R$ 1,842.4 million Basel Index 18.4% 2Q11 1H11 Net Income R$ 75.2 million R$ 118.7 million ROAE 17.6% 13.6% ROAA 3.0% 2.4% NIM-AR (*) 12.3% 11.5% Efficiency Ratio 27.9% 32.0% (*) New methodology includes exchange-rate change on passive operations and excludes the result of property protection operations, DAYC4 swaps, portfolio transfers to other banks and matched operations — repurchase agreements-tri-party repos outstanding. 9

Loan Portfolio : growth higher than the market average Expanded Loan Portfolio – R$ Million Loan Portfolio by Segment (R$ mn) 2Q11 1Q11 Chg. % 2Q10 Chg. % 2.2% 2,591.5 40.5% Middle Market / Other 3,641.8 3,564.1 44.4% 281.7 92.6% Trade Finance 542.6 375.8 27.7% 124.1 154.9% Avals and Sureties Granted 316.3 247.7 284.8 214.7 32.7% 57.8 n.a Receivables purchase Total Portfolio Middle Market 4,785.5 4,402.3 8.7% 3,055.1 56.6% Payroll Loans 1,586.8 1,486.1 6.8% 1,196.1 32.7% -26.0% 42.0 130.2% Payroll Loans Portfolio Assignments 96.7 130.7 Total Payroll Loans 1,683.5 1,616.8 4.1% 1,238.1 36.0% 4.4% 486.1 10.4% Auto Loans 536.7 513.9 -26.7% 38.2 -65.4% Auto Loans Portfolio Assignments 13.2 18.0 Total Auto Loans 549.9 531.9 3.4% 524.3 4.9% Direct Credit to Consumers (DCC) 48.0 45.2 6.2% 27.1 77.1% Total 7,066.9 6,596.2 7.1% 4,844.6 45.9% 10

Expanded Credit Portfolio : growth of 7.1% during the quarter Loan Portfolio – R$ Million 45.9% 7.1% 7,067 6,596 110 6,222 149 5,546 191 61 4,845 6,957 6,031 80 6,447 5,485 4,765 2Q10 3Q10 4Q10 1Q11 2Q11 Loan Portfolio Credit Assignments Breakdown Loan Portfolio (*) 2Q11 Breakdown Loan Portfolio (*) 1Q11 0.7% 7.8% 8.1% 0.7% Middle Market Middle Market Payroll Loans Payroll Loans 23.8% 24.5% 67.7% Auto Loans 66.7% Auto Loans DCC DCC (*)Includes Credit Assignments, sureties and avals granted and the purchase of credit reghts 11

Middle Market : increase of 56.6% over the past 12 months, currently representing 67.7% of the total portfolio Middle Market Portfolio – R$ Million Breakdown Portfolio Middle Market 2Q11 (million) 4,786 Working Capital R$ 2,231.2 46.7% 4,402 4,177 Guaranteed Account R$ 1,117.0 23.3% Trade Finance R$ 542.6 11.3% 3,627 Avals and Sureties R$ 316.3 6.6% 3,055 BNDES R$ 293.6 6.1% Receivables Purchase R$ 284.8 6.0% TOTAL R$ 4,785.5 100.0% 2Q10 3Q10 4Q10 1Q11 2Q11 Guarantees Breakdown – 2Q11 Sectors Breakdown – 2Q11 Geographic Distribution – 2Q11 6.7% Receivables 9.4% 5.9% 5.1% Southeast 5.7% Vehicles / Real Estate Industry South 17.9% Agricultural Products 13.5% Services 13.3% 45.1% 53.7% 58.4% Northeast Financial Investments 4.6% Commerce 13.2% Mid-West 15.6% Equipments / Foreign 31.9% Other goods North Other 12

Daycred Payroll: INSS and Army continue to drive growth Total Loan Portfolio (*) – R$ Million Total Loan Portfolio (*) – R$ 1,684mn – 2Q11 - % 4.3%3.1% 0.4% INSS 1,684 1,617 1,476 Army 7.7% 1,383 1,238 State Government 38.2% 12.0% Law Courts and Legislative Bodies Municipalities 34.3% 2Q10 3Q10 4Q10 1Q11 2Q11 Other Private (*) Includes credit assignments in all of the quarters (R$ 96.7million in 2Q11) Total Origination – R$ 313 mn – 2Q11- % Total Origination – R$ Million INSS 4.9%0.8% 3.6% 416 419 386 Army 7.7% 313 301 34.8% State Government Law Courts and Legislative Bodies Municipalities 48.2% Private + Other 2Q10 3Q10 4Q10 1Q11 2Q11 13

Daycred Auto Loans: new origination strategy Total Loan Portfolio (*) – R$ Million Total Origination – R$ Million 80 76 72 550 59 532 527 524 501 37 2Q10 3Q10 4Q10 1Q11 2Q11 2Q10 3Q10 4Q10 1Q11 2Q11 (*) Includes credit assignments in all of the quarters (R$ 13.2million in 2Q11) Origination Last 12 months (*) Liquidity of Auto Loans Portfolio 2Q11 – R$ Million Ratio 13.6% Past due more Liquidity Receiving Paid Delinquency Small Vehicles than 90 days /Total Loan Loan 1,611 1,437 174 10.8% 86.4% Portfolio Heavy-duty Vehicles Old Loan 1,422 1,260 162 11.4% New Loan 156 149 6 4.1% 14 (*) We have not financed motorcycles since October 2009