Banco Mercantil do Brasil S.A. announced the final results of its offer to purchase for cash up to USD 50,000,000 of its outstanding 9.625% Subordinated Notes due 2020 (CUSIP: 05961G AA8 and P1400A AA2; ISIN: US05961GAA85 and USP1400AAA27), from holders thereof at the price set forth below, upon the terms and subject to the conditions set forth in the Offer to Purchase dated October 11, 2018, which constitutes the Offer, announced to the market on October 11, 2018. On October 24, 2018, at 5:00 p.m. EST the Bank had received valid tenders from Holders of USD 18,043,000 in principal amount of Notes. The Bank will accept for purchase on the Final Settlement Date all Notes validly tendered (and not validly withdrawn or rejected) prior to the Early Tender Deadline. On October 25, 2018, the Bank announced that it had decided to postpone the settlement of Early Accepted Notes until the Final Settlement Date, and also to amend the payment terms of the Offer so that Holders who validly tender their Notes after the Early Tender Deadline but on or prior to the Expiration Deadline (as defined below) would be eligible to receive, on the Final Settlement Date, USD 975.00 per USD 1,000 principal amount of Notes tendered and accepted for purchase, plus accrued and unpaid interest from, and including, the last interest payment date to, but not including, the Final Settlement Date. The Bank announced that on November 7, 2018, at 11:59 p.m. EST, it had received valid tenders from Holders of USD 20,843,000 in aggregate principal amount of Notes (including the Early Accepted Notes). The Bank will accept for purchase on November 9, 2018 (the "Final Settlement Date") all Notes validly tendered (and not validly withdrawn or rejected) prior to the Expiration Deadline (including the Early Accepted Notes, the "Accepted Notes"). After cancelation of the Accepted Notes, the aggregate principal amount of Notes outstanding will be USD 134,540,000.