Resolution BCB No. 537 Constitutes the Subcommittee on Diversity, Equity and Inclusion (Codei) of the Central Bank of Brazil and Approves Its Regulations

Resolution No. 537

RESOLUTION BCB No. 537, OF DECEMBER 16, 2025

Constitutes the Subcommittee on Diversity, Equity and Inclusion – Codei of the Central Bank of Brazil and approves its regulations.

The Governance, Risks and Controls Committee – GRC of the Central Bank of Brazil, in a session held on December 16, 2025, in the exercise of the powers provided for in art. 139, paragraph 1, item III, of the Internal Regulations of the Central Bank of Brazil, attached to Resolution BCB No. 340, of September 21, 2023, considering the provisions of Law No. 13,709, of August 14, 2018, Decree No. 9,203, of November 22, 2017, Joint Normative Instruction MPO/CGU No. 1, of May 10, 2016, from the then Ministry of Planning, Budget and Management and the Office of the Comptroller General of the Union, Normative Ordinance CGU No. 234, of November 6, 2025, and Vote 173/2025–GRC, of December 16, 2025,

R E S O L V E :

Art. 1º The Subcommittee on Diversity, Equity and Inclusion – Codei is hereby constituted within the Central Bank of Brazil, linked to the Integrity Committee of the Central Bank of Brazil – CIBCB, with the purpose of monitoring the implementation of the Diversity, Equity and Inclusion Policy of the Central Bank of Brazil – PDIBC, in accordance with the attached regulations.

Art. 2º This Resolution enters into force on the date of its publication.

GABRIEL MURICCA GALÍPOLO

President of the Central Bank of Brazil

REGULATIONS OF THE SUBCOMMITTEE ON DIVERSITY, EQUITY AND INCLUSION – CODEI, ATTACHED TO RESOLUTION BCB No. 537, OF DECEMBER 16, 2025

CHAPTER I

ON NATURE AND PURPOSE

Art. 1º The Subcommittee on Diversity, Equity and Inclusion – Codei, linked to the Integrity Committee of the Central Bank of Brazil – CIBCB, of a propositional and advisory nature, has the purpose of monitoring the implementation of the Diversity, Equity and Inclusion Policy of the Central Bank of Brazil – PDIBC, as well as proposing actions and strategies that promote institutional environments that are inclusive, equitable, and diverse.

Sole paragraph. The Codei will maintain articulation with support and consultation bodies, such as affinity groups, thematic nuclei, and other institutional structures related to diversity, equity, and inclusion.

CHAPTER II

ON COMPOSITION AND OPERATION

Art. 2º The Codei shall be composed of one representative and respective alternate:

I

• from each of the areas of the Central Bank of Brazil;

II

• from the Executive Secretariat – Secre;

III

• from the General Legal Counsel of the Central Bank – PGBC;

IV

• from the Department of Human Resources Management, Education, Health and Organization – Depes; and

V

• from the Communications Department – Comun.

§ 1º The composition of the Codei shall observe, whenever possible, gender parity, prioritizing the representation of marginalized groups, except in cases of circumstantial impossibility duly justified.

§ 2º The term of office of the representatives shall last two years, with reappointment permitted.

§ 3º The members of the Codei shall be nominated by their respective areas and appointed by presidential ordinance.

§ 4º The Coordination of the Codei shall be defined by deliberation of the members and exercised for a period of two years, with extension permitted through new deliberation.

§ 5º The function of Secretariat shall be exercised on a rotating basis among the members, in accordance with the criteria defined by the Coordination.

§ 6º Participation in the Codei shall be considered relevant public service, unremunerated, respecting the working hours of the civil servants.

Art. 3º Representatives of affinity groups, thematic nuclei, specialists, and servants who may contribute to the topics under discussion may be invited to participate in Codei meetings, without voting rights, subject to approval by the Coordination.

Art. 4º The Codei may propose the establishment of technical working groups among the members to deepen topics related to diversity, equity, and inclusion.

§ 1º The technical groups shall be composed of servants or specialists in the topic, respecting criteria of diversity and representativeness.

§ 2º The maximum number of members of the technical groups shall be equivalent to half of the total number of Codei members.

§ 3º The maximum duration of the technical groups shall be two years.

§ 4º The maximum number of technical groups operating simultaneously shall be two.

Art. 5º The Codei shall meet ordinarily every two months and, extraordinarily, upon convocation by the Coordination.

§ 1º The convocations for meetings shall be made via email, with a minimum advance notice of five business days.

§ 2º The quorum for installation shall be an absolute majority of the members, and the quorum for deliberation shall be a simple majority.

§ 3º Meetings may be held in person, virtually, or hybrid, as per institutional need.

Art. 6º The convocation of extraordinary meetings shall be carried out by the Codei Coordination.

Art. 7º Internal deliberations of the Codei, which will result in recommendations and proposals to higher collegiate bodies, shall be taken by a simple majority of votes, observing the minimum installation quorum provided for in these regulations, with the Coordination holding the tie-breaking vote, when necessary.

§ 1º The decisions of the Codei shall be recorded in minutes and classified according to their nature:

I

• approved;

II

• approved with recommendations;

III

• pending, when there is a need for adjustments or additional clarifications;

IV

• not approved;

V

• suspended, when the deliberation is transferred to a later moment; or

VI

• withdrawn, when requested by the proposers and approved by the Coordination.

§ 2º Pending decisions shall be resubmitted to the Codei within the period defined by the Coordination, not exceeding six months.

§ 3º Deliberations may occur in an in-person, virtual, hybrid, or electronic meeting, as per institutional need and upon formal convocation.

§ 4º Statements by members in electronic meetings shall occur within the period stipulated in the convocation, which may be extended by the Coordination in justified cases.

§ 5º Decisions taken in electronic meetings shall have validity equivalent to those in person, provided that the quorums and periods defined in these regulations are respected.

CHAPTER III

ON COMPETENCIES AND ATTRIBUTES

Art. 8º It is the responsibility of the Codei to:

I

• receive and discuss issues related to diversity, equity, and inclusion, promoting qualified listening and articulation with affinity groups;

II

• propose recommendations and suggestions for actions on diversity, equity, and inclusion to the CIBCB and, when appropriate, to the Governance, Risks and Controls Committee – GRC;

III

• propose goals and indicators aligned with the guidelines of the PDIBC and the Integrity Plan;

IV

• propose the inclusion of diversity, equity, and inclusion actions in the Integrity Plan of the Central Bank of Brazil, observing the procedure and decision-making bodies established;

V

• monitor and discuss the progress of diversity, equity, and inclusion actions and goals, proposing recommendations to the CIBCB or higher committees, when appropriate;

VI

• support the articulation of diversity, equity, and inclusion initiatives among the different units of the Central Bank of Brazil;

VII

• collaborate in the internal and external dissemination of the objectives, actions, results, and learnings of the PDIBC; and

VIII

• exercise other support, articulation, and propositional attributes provided for in these regulations or assigned to it by the CIBCB or the GRC.

Art. 9º It is the responsibility of the Codei Secretariat to:

I

• organize the calendar of ordinary meetings and convene extraordinary meetings as per the Coordination's deliberation;

II

• prepare and send agendas and documents related to the topics to be discussed to the members in advance;

III

• draft and maintain records of meeting minutes, including the positions and recommendations issued;

IV

• disseminate normative documents, minutes, reports, and other materials produced by the Codei through institutional channels;

V

• keep the Codei page on the intranet updated, with information on composition, meetings, documents, and actions; and

VI

• perform other tasks assigned by the Codei Coordination.

Art. 10. It is the responsibility of the Codei Coordination to:

I

• represent the Codei at the CIBCB and other relevant bodies, whenever necessary;

II

• approve the agenda and convene ordinary and extraordinary meetings of the Codei;

III

• coordinate the discussions and follow-ups of meetings, promoting the alignment of the Codei's recommendations and suggestions;

IV

• transfer, when necessary, the review of topics to an in-person, virtual, or hybrid meeting;

V

• forward to the CIBCB or higher committees the consolidated recommendations, suggestions, and information produced by the Codei;

VI

• respond to inquiries formulated by the units of the Central Bank of Brazil regarding topics of diversity, equity, and inclusion, potentially designating a Codei member to prepare responses;

VII

• exercise the tie-breaking vote in internal Codei deliberations, when necessary;

VIII

• propose complementary regulations to the Codei regulations, subject to approval by the CIBCB, when necessary for the improvement of the subcommittee's performance;

IX

• define the criteria and designate, among the Codei members, the one who will exercise the secretariat of the subcommittee; and

X

• exercise other attributes provided for in these regulations or assigned to it by the CIBCB.

Art. 11. The Codei shall annually present to the CIBCB consolidated information on its performance, for integration into the Annual Integrity Management Report, and subsequent forwarding to the GRC.

§ 1º The consolidated information shall contain:

I

• summary of actions carried out during the period;

II

• results and learnings resulting from the execution of PDIBC actions included in the Integrity Plan;

III

• consolidated indicators and data on diversity, equity, and inclusion; and

IV

• strategic recommendations for improving institutional actions.

§ 2º The CIBCB and the GRC may request clarifications, propose adjustments, or recommend complementary measures based on the results presented.

CHAPTER IV

FINAL PROVISIONS

Art. 12. The dissemination of the Codei regulations and actions shall be carried out through institutional channels, with broad communication to servants, interns, third-party workers, and other collaborators.