BANCO PINE S.A.

Public Held Company

Corporate Taxpayer ID (CNPJ/MF) 62.144.175/0001-20

MATERIAL FACT

São Paulo, February 10th, 2021 - Banco Pine (B3: PINE4) ("Company"), a Brazilian regional bank focused on corporate relationships, pursuant to Law 6,404/76, dated December 15th, 1976, Article 157, paragraph 4th, and according to CVM (Brazilian Securities and Exchange Commission) Regulation 358, dated January 3rd, 2002, hereby communicates to its shareholders and the market in general that on this date released its projections for the year 2021, as shown in the table below:

The growth projections are based on the current expectations of the Bank's management, being subject to the general conditions of the economy and to market conditions, therefore, they are not guarantees of future performance and involve risks and uncertainties that, because they are based on assumptions, may don't confirm

Additional information regarding the revision of the projections can be found in our 4Q20 Earnings Release, released today.

The Company´s Investors Relations Department is at shareholder's disposal do clarify any matters relating to the purpose of this Material Fact through the telephone number +55 (11) 3372-5391 or by the e-mailri@pine.com.

EDUARDO MAGALHÃES FONSECA

Investor Relations Officer

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Banco Pine SA published this content on 10 February 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2021 00:12:02 UTC.