Itaú Unibanco Holding S.A. (NYSE:ITUB) Q2 2022 Earnings Conference Call August 9, 2022 9:00 AM ET Company Participants Renato Lulia-Jacob - Head-IR and Market Intelligence Milton Maluhy Filho - CEO Conference Call Participants Flavio Yoshida - Merrill Lynch Tito Labarta - Goldman Sachs Daniel Vaz - Credit Suisse Jason Mollin - Scotiabank Domingos Falavina - JPMorgan Henrique Navarro - Santander Marcelo Telles - Credit Suisse Renato Lulia-Jacob Good morning, everyone. I'm Renato Lulia, the IR Officer for Ita ...

Exhibit 99.1 2021 Reference From Itau Unibanco Holding S.A. Itaú Unibanco Holding S.A. REFERENCE FORM Base Date: 12.31.2021 | (in accordance with Attachment 24 to CVM Instruction No. 480 of December 7, 2009 "CVM Instruction No. 480", as amended) | | | --- | --- | | | Itau Unibanco Holding S.A., a corporation enrolled under the National | | | Register of Legal Entities/Ministry of Finance (CNPJ/MF) under No. | | | 60.872.504/0001-23, with its Articles of Incorporation registered with the | | Identification | ...

Itaú Unibanco Holding S.A. (NYSE:ITUB) Q1 2022 Earnings Conference Call May 9, 2022 9:00 AM ET Company Participants Renato Lulia-Jacob – Head-Investor Relations and Market Intelligence Milton Maluhy Filho – Chief Executive Officer Conference Call Participants Flavio Yoshida – Bank of America Merrill Lynch Tito Labarta – Goldman Sachs Henrique Navarro – Santander Geoff Elliott – Autonomous Marcelo Telles – Credit Suisse Renato Lulia-Jacob Hello. Good morning, everyone. IÂ'm Renato Lulia. IÂ'm the Investor Re ...

Exhibit 99.1 | ITALI UNIBIANCO HOLDING S.A. | 000 10 | A Publich Used Compa | ANNUAL SENERAL STOCKNOUDERS' MEETING | | | | | | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | Final Detailed Velling Musi | country of the Researctive the production the fitter of the consider of the consider of the consider of the consistence of the consistent of the controlled for the consisted | fivenues an Mana Ministra descrip ...

PART I [Key Information](index=10&type=section&id=ITEM%203.%20KEY%20INFORMATION) This section details the company's material risks, categorized into macroeconomic, legal, regulatory, business-specific, and ADS holder risks, covering economic conditions, COVID-19, and operational challenges [Risk Factors](index=10&type=section&id=3D.%20Risk%20Factors) The company identifies significant risks including macroeconomic volatility, geopolitical events, COVID-19 effects, regulatory changes, business-specific challenges, and ESG factors - Macroeconomic and geopolitical conditions, especially in Latin America, directly impact credit demand and client repayment ability, with the Russia-Ukraine conflict potentially increasing commodity prices, inflation, and market volatility[40](index=40&type=chunk)[41](index=41&type=chunk)[42](index=42&type=chunk) - The company's operations are highly dependent on the Brazilian economy, facing significant risks from changes in fiscal, monetary, and foreign exchange policies, political uncertainty, and structural issues[51](index=51&type=chunk)[52](index=52&type=chunk)[53](index=53&type=chunk) - The COVID-19 pandemic has caused and may continue to cause material adverse effects, including increased market volatility, reduced revenue, and higher customer defaults, with new variants and governmental responses remaining key uncertainties[59](index=59&type=chunk)[60](index=60&type=chunk)[64](index=64&type=chunk) - The company faces increasing competition from Brazilian and international banks, as well as less stringently regulated non-financial and technology-driven companies (fintechs)[191](index=191&type=chunk)[192](index=192&type=chunk)[193](index=193&type=chunk) - Climate change presents physical risks from extreme weather and transition risks from a low-carbon economy shift, potentially leading to higher non-performing loans and impairment charges[205](index=205&type=chunk)[206](index=206&type=chunk)[207](index=207&type=chunk) - Holders of ADSs have limited voting rights and may be unable to exercise preemptive rights during capital increases unless a specific U.S. registration statement is filed[212](index=212&type=chunk)[214](index=214&type=chunk) [Information on the Company](index=35&type=section&id=ITEM%204.%20INFORMATION%20ON%20THE%20COMPANY) This section provides a comprehensive overview of Itaú Unibanco Holding, detailing its history, strategic acquisitions, operational structure, product offerings, distribution network, brand strategy, sustainability, and regulatory frameworks [History and Development of the Company](index=35&type=section&id=4A.%20History%20and%20Development%20of%20the%20Company) The company's history spans from 1924, culminating in the 2008 merger, and includes recent strategic moves like joint ventures, acquisitions, and investment spin-offs - In 2008, the merger of Itaú and Unibanco created the largest private financial conglomerate in the Southern Hemisphere[227](index=227&type=chunk) - On April 12, 2022, the company agreed with TOTVS to form a **50/50 joint venture**, TOTVS TECHFIN, for financial services distribution, with Itaú Unibanco paying **R$610 million** for its stake and a potential earn-out of up to **R$450 million**[231](index=231&type=chunk)[232](index=232&type=chunk)[233](index=233&type=chunk) - On January 12, 2022, the company agreed to acquire a controlling interest in Ideal Holding Financeira S.A. in two phases, starting with a **50.1% stake** for approximately **R$650 million**[237](index=237&type=chunk)[238](index=238&type=chunk) - The investment in XP Inc. was partially spun-off into XPart S.A. in 2021 and subsequently merged into XP Inc., with Itaú Unibanco expecting to acquire an additional **11.36% stake** in Q2 2022[251](index=251&type=chunk)[258](index=258&type=chunk)[260](index=260&type=chunk) [Business Overview](index=40&type=section&id=4B.%20Business%20Overview) The company operates through Retail Banking, Wholesale Banking, and Activities with the Market & Corporation segments, detailing its competitive landscape, distribution channels, brand strategy, sustainability commitments, and comprehensive risk management Key Market Positions (as of Dec 2021) | Product/Service | Market Position | Market Share | | :--- | :--- | :--- | | Credit Cards (Purchase Volume) | Leader | 28.9% | | Merchant Acquirer (Transaction Volume) | 2nd Largest | 33.7% | | Real Estate Financing (New Loans) | 2nd Largest | 27.7% | | Asset Management | 2nd Largest | 11.4% | | Private Pension Plans | 3rd Largest | 19.6% | - The company is implementing **iVarejo 2030**, a new retail strategy focusing on a "Phygital" model integrating digital banking with its physical network to enhance customer experience[285](index=285&type=chunk) - Digital channels are a primary focus, with **3.1 million** accounts opened digitally in 2021 (**58% YoY increase**), representing **55.5%** of all new accounts, and the mobile app achieved an NPS of **71**[399](index=399&type=chunk)[403](index=403&type=chunk) - Under its ESG strategy, the company committed to allocating **R$400 billion** by 2025 to promote a sustainable economy, covering credit for positive impact sectors, ESG-linked transactions, and ESG retail products[412](index=412&type=chunk)[439](index=439&type=chunk) - The company is subject to the Basel III framework in Brazil, including minimum capital ratios, capital conservation and countercyclical buffers, and an additional requirement for being a domestic systemically important bank (D-SIB)[509](index=509&type=chunk)[514](index=514&type=chunk) [Organizational Structure](index=130&type=section&id=4C.%20Organizational%20Structure) Itaú Unibanco Holding S.A. is a financial holding company controlled by IUPAR, jointly controlled by Itaúsa and Cia. E. Johnston - The company is controlled by IUPAR (Itaú Unibanco Participações S.A.), jointly controlled by Itaúsa S.A. and Cia. E. Johnston[841](index=841&type=chunk) [Property, Plant and Equipment](index=131&type=section&id=4D.%20Property,%20Plant%20and%20Equipment) As of December 31, 2021, the company owned and leased its principal administrative offices totaling 348,730 square meters, with 33% of branches owned and 67% leased - As of December 31, 2021, the company owned approximately **33%** of its branches and leased the remaining **67%**[843](index=843&type=chunk) [Operating and Financial Review and Prospects](index=132&type=section&id=ITEM%205.%20OPERATING%20AND%20FINANCIAL%20REVIEW%20AND%20PROSPECTS) This section analyzes the company's financial performance, covering macroeconomic factors, operating results, segment performance, balance sheet, liquidity, capital adequacy, capital expenditures, and LIBOR transition [Operating Results](index=132&type=section&id=5A.%20Operating%20Results) Net income attributable to owners increased by **41.6%** to **R$26.8 billion** in 2021, driven by higher net interest income and a significant decrease in expected loss from financial assets and claims Summarized Consolidated Statement of Income (2021 vs 2020) | | 2021 | 2020 | | :--- | :--- | :--- | | **Operating revenues** | R$ 126,374 million | R$ 100,199 million | | **Expected loss from financial assets and claims** | R$ (14,379) million | R$ (25,980) million | | **Net income before income tax** | R$ 42,231 million | R$ 5,230 million | | **Net income** | R$ 28,384 million | R$ 15,064 million | | **Net income attributable to owners of the parent company** | R$ 26,760 million | R$ 18,896 million | - Net interest income increased by **50.3%** in 2021, primarily due to higher income from loan operations and decreased interbank market fund interest expenses[904](index=904&type=chunk) - Expected Loss from Financial Assets and Claims decreased by **44.7%** in 2021, mainly due to lower loan loss provisions compared to 2020, which was significantly impacted by COVID-19 macroeconomic effects[912](index=912&type=chunk) - The 90-day non-performing loan (NPL) ratio slightly increased to **2.8%** as of December 31, 2021, from **2.7%**, while the 15-90 day NPL ratio decreased by **10 basis points** to **1.7%**[913](index=913&type=chunk) [Liquidity and Capital Resources](index=154&type=section&id=5B.%20Liquidity%20and%20Capital%20Resources) The company maintains a robust capital and liquidity position, with Total Capital Ratio at **14.7%** and operational liquidity reserve at **R$229.0 billion**, driven by increased capital expenditures in intangible assets Capital Ratios (as of Dec 31) | Ratio | 2021 | 2020 | | :--- | :--- | :--- | | **Common Equity Tier 1 Ratio** | 11.3% | 11.5% | | **Tier 1 Ratio** | 13.0% | 13.2% | | **Total Capital Ratio** | 14.7% | 14.5% | Liquidity Ratios | Ratio | As of Dec 31, 2021 | | :--- | :--- | | **Liquidity Coverage Ratio (LCR)** | 159.1% | | **Net Stable Funding Ratio (NSFR)** | 121.1% | - Total capital expenditures increased by **71.1%** to **R$9.1 billion** in 2021, largely due to a **113.5%** increase in spending on intangible assets, including software and other rights[1019](index=1019&type=chunk) - The company has a working group actively managing the transition from IBOR rates to new reference rates, focusing on amending contracts, assessing impacts, and communicating with clients and regulators[1037](index=1037&type=chunk)[1038](index=1038&type=chunk) [Directors, Senior Management and Employees](index=170&type=section&id=ITEM%206.%20DIRECTORS,%20SENIOR%20MANAGEMENT%20AND%20EMPLOYEES) This section details the company's management and human capital framework, including biographical information for directors and senior management, compensation structure, committee roles, employee base, labor relations, and share ownership [Directors and Senior Management](index=170&type=section&id=6A.%20Directors%20and%20Senior%20Management) The company's management is led by a Board of Directors and an Executive Committee, with detailed biographies highlighting their extensive experience and strategic responsibilities - The Board of Directors is co-chaired by Pedro Moreira Salles and Roberto Egydio Setubal[1061](index=1061&type=chunk)[1064](index=1064&type=chunk) - Milton Maluhy Filho has served as Chief Executive Officer (CEO) since **2021**[1105](index=1105&type=chunk) - As of April 26, 2022, the Board of Directors has **12 members**, with **5** deemed independent (**41.67%**)[1055](index=1055&type=chunk) [Compensation](index=185&type=section&id=6B.%20Compensation) The company's compensation policy, overseen by the Compensation Committee, aims to attract and retain talent while aligning with risk management and stockholder interests through a mix of fixed and variable pay, including deferred share-based compensation Compensation of Management Members (2021) | Body | Highest Individual Compensation | Lowest Individual Compensation | Average Individual Compensation | | :--- | :--- | :--- | :--- | | **Board of Directors** | R$ 14,198,000 | R$ 2,392,000 | R$ 4,679,738 | | **Executive Board** | R$ 52,966,000 | R$ 3,150,000 | R$ 16,687,921 | - For the Board of Officers, **70%** of annual variable compensation is paid in preferred shares, deferred for payment over three years, to align with long-term performance[1234](index=1234&type=chunk)[1235](index=1235&type=chunk) - Members of the Executive Committee are subject to a stock ownership requirement, with the CEO required to hold a minimum equivalent of **10 times** their annual salary in company stock[1241](index=1241&type=chunk) [Board Practices](index=195&type=section&id=6C.%20Board%20Practices) The Board of Directors is supported by eight committees, including statutory Audit and Compensation Committees, which oversee financial reporting, internal controls, and compensation policies - The Board of Directors has eight supporting committees, including statutory Audit and Compensation committees[1247](index=1247&type=chunk)[1252](index=1252&type=chunk) - The Audit Committee oversees the quality and integrity of financial statements, compliance with legal requirements, and the performance of internal and external auditors[1252](index=1252&type=chunk) [Employees](index=198&type=section&id=6D.%20Employees) As of December 31, 2021, the company had **99,598** employees, a **3.2%** increase, with the majority in Brazil, and maintains continuous dialogue with labor unions under collective agreements Employee Headcount by Region | Region | Dec 31, 2021 | Dec 31, 2020 | | :--- | :--- | :--- | | **In Brazil** | 87,341 | 83,919 | | **Abroad** | 12,257 | 12,621 | | **Total** | 99,598 | 96,540 | [Share Ownership](index=200&type=section&id=6E.%20Share%20Ownership) As of December 31, 2021, the Board of Directors and Officers collectively owned **0.6084%** of common shares and **0.6949%** of preferred shares, with individual and group beneficial ownership less than **1%** - As of December 31, 2021, the Board of Directors and Board of Officers directly owned an aggregate of **0.6084%** of common shares and **0.6949%** of preferred shares[1271](index=1271&type=chunk) [Major Stockholders and Related Party Transactions](index=201&type=section&id=ITEM%207.%20MAJOR%20STOCKHOLDERS%20AND%20RELATED%20PARTY%20TRANSACTIONS) This section identifies the company's major stockholders, including IUPAR as the controlling entity, and outlines policies for related party transactions, requiring arm's-length terms and committee review for significant amounts [Major Stockholders](index=201&type=section&id=7A.%20Major%20Stockholders) The company is controlled by IUPAR, holding **51.71%** of common shares, jointly controlled by Itaúsa and Cia. E. Johnston, with BlackRock and Dodge & Cox as major preferred share holders Major Stockholders as of Dec 31, 2021 | Stockholder | Common Shares % | Preferred Shares % | Total Shares % | | :--- | :--- | :--- | :--- | | **IUPAR** | 51.71% | 0.00% | 26.15% | | **Itaúsa S.A.** | 39.21% | 0.00% | 19.83% | | **BlackRock, Inc** | 0.00% | 7.22% | 3.57% | | **Dodge & Cox** | 0.00% | 5.01% | 2.48% | [Related Party Transactions](index=203&type=section&id=7B.%20Related%20Party%20Transactions) The company's policy mandates all related party transactions be conducted on arm's-length terms, with significant transactions exceeding **R$1 million** reviewed by the Related Parties Committee and subject to Brazilian legal restrictions - All related party transactions must be conducted at arm's length and comply with the company's formal policy[1282](index=1282&type=chunk)[1283](index=1283&type=chunk) - Transactions with related parties exceeding **R$1 million** in a one-year period are reviewed by the Related Parties Committee[1285](index=1285&type=chunk) [Financial Information](index=206&type=section&id=ITEM%208.%20FINANCIAL%20INFORMATION) This section covers legal proceedings, including cases related to monetary stabilization plans and tax assessments, and the company's dividend policy, mandating a minimum **25%** payout of adjusted net income [Consolidated Statements and Other Financial Information](index=206&type=section&id=8A.%20Consolidated%20Statements%20and%20Other%20Financial%20Information) The company is involved in various legal proceedings, including inflation adjustment lawsuits and a tax assessment, with **R$19.6 billion** in provisions for contingencies in 2021, and a dividend policy requiring a **25%** payout of adjusted net income Provisions for Contingencies (in millions of R$) | Type | 2021 | 2020 | 2019 | | :--- | :--- | :--- | :--- | | **Civil** | 3,317 | 3,511 | 3,633 | | **Labor** | 8,219 | 8,015 | 8,579 | | **Tax proceedings and legal obligations** | 6,498 | 6,810 | 8,266 | | **Other** | 1,558 | 1,483 | 976 | | **Total** | 19,592 | 19,819 | 21,454 | - The company is a defendant in lawsuits related to understated inflation adjustments for savings accounts from 1980s and 1990s economic plans, with an agreement ratified by the Brazilian Supreme Court[1293](index=1293&type=chunk)[173](index=173&type=chunk)[175](index=175&type=chunk) - A significant 2013 tax assessment related to the 2008 Itaú-Unibanco merger was decided favorably by CARF, but the Brazilian federal government has appealed[1301](index=1301&type=chunk) - The company's bylaws establish a mandatory minimum dividend of **25%** of adjusted net income for each fiscal year[1306](index=1306&type=chunk) [The Offer and Listing](index=209&type=section&id=ITEM%209.%20THE%20OFFER%20AND%20LISTING) This section details the company's securities listings on B3 (ITUB3, ITUB4) and NYSE (ITUB ADSs), highlighting adherence to B3's Level 1 Corporate Governance Practices [Offer, Listing Details, and Markets](index=209&type=section&id=9A.%20Offer%20and%20Listing%20Details%20%26%209C.%20Markets) The company's common (ITUB3) and preferred (ITUB4) shares are traded on B3, and preferred shares are traded on NYSE as ADSs (ITUB), with each ADS representing one preferred share Listing Details | Market | Exchange | Ticker | Security Type | | :--- | :--- | :--- | :--- | | Brazil | B3 | ITUB3 | Common Shares | | Brazil | B3 | ITUB4 | Preferred Shares | | United States | NYSE | ITUB | American Depositary Shares (ADSs) | - The company adheres to B3's Level 1 of Differentiated Corporate Governance Practices, requiring enhanced disclosure and governance standards beyond basic legal requirements[1325](index=1325&type=chunk)[1330](index=1330&type=chunk) [Additional Information](index=212&type=section&id=ITEM%2010.%20ADDITIONAL%20INFORMATION) This section provides further details on the company's corporate structure and legal framework, including Bylaws provisions, Brazilian exchange controls, and Brazilian and U.S. federal income tax considerations for shareholders and ADS holders [Memorandum and Articles of Association](index=213&type=section&id=10B.%20Memorandum%20and%20Articles%20of%20Association) The company's corporate purpose is banking activities, with Bylaws and Brazilian Corporate Law outlining voting rights, preemptive rights, withdrawal rights, and a governance structure based on family control, Board of Directors, and Executive Committee - Shareholders have preemptive rights to subscribe to shares in any capital increase, in proportion to their equity interest, with certain exceptions[1340](index=1340&type=chunk) - The company's governance structure is based on three pillars: Family Control (long-term vision), the Board of Directors (strategy definition), and the Executive Committee (implementation and daily management)[1360](index=1360&type=chunk)[1361](index=1361&type=chunk)[1362](index=1362&type=chunk) [Exchange Controls](index=223&type=section&id=10D.%20Exchange%20controls) Foreign investors can own company stock via ADSs or direct investment, with currency conversion and remittance abroad subject to Brazilian foreign investment legislation and Central Bank/CVM registration - The right to convert and remit funds abroad from dividends or share sales is subject to the investment being properly registered with the Central Bank and/or CVM[1375](index=1375&type=chunk) - ADS holders benefit from an electronic certificate of foreign capital registration obtained by the custodian, facilitating currency conversion and remittance of distributions abroad[1376](index=1376&type=chunk) [Taxation](index=223&type=section&id=10E.%20Taxation) This section details Brazilian and U.S. federal income tax considerations for non-resident holders of preferred shares or ADSs, covering dividend tax exemption, interest on net equity withholding tax, capital gains, and foreign tax credit eligibility - In Brazil, dividends from profits generated after January 1, 1996, are currently not subject to withholding tax, while interest on net equity is subject to a **15%** withholding tax (**25%** for tax haven residents)[1391](index=1391&type=chunk)[1393](index=1393&type=chunk) - Gains realized outside Brazil by a non-resident holder from the sale of ADSs to another non-resident are generally not subject to Brazilian taxation[1394](index=1394&type=chunk) - For U.S. Holders, distributions are generally treated as dividends subject to U.S. federal income tax, with Brazilian withholding taxes potentially creditable against U.S. tax liability, subject to limitations[1412](index=1412&type=chunk)[1418](index=1418&type=chunk) [Quantitative and Qualitative Disclosures About Market Risk](index=232&type=section&id=ITEM%2011.%20QUANTITATIVE%20AND%20QUALITATIVE%20DISCLOSURES%20ABOUT%20MARKET%20RISK) This section details the company's comprehensive risk management framework, covering credit, operational, liquidity, and market risks, utilizing VaR and stress testing, alongside discussions on business, regulatory, cybersecurity, and environmental and social risks Consolidated VaR (Historical Simulation) as of Dec 31, 2021 | Risk Factor | Average | Minimum | Maximum | Dec 31, 2021 | | :--- | :--- | :--- | :--- | :--- | | **Interest rate** | R$ 937M | R$ 425M | R$ 1,411M | R$ 1,257M | | **Currencies** | R$ 18M | R$ 10M | R$ 37M | R$ 13M | | **Equities** | R$ 42M | R$ 17M | R$ 98M | R$ 24M | | **Total** | R$ 441M | R$ 198M | R$ 707M | R$ 696M | - Credit risk management aims to maintain loan portfolio quality compatible with the bank's risk appetite, using statistical models for individuals and small companies, and case-by-case analysis for large companies[1445](index=1445&type=chunk)[1446](index=1446&type=chunk)[1449](index=1449&type=chunk) - Operational risk management includes a Business Continuity Program with a Disaster Recovery Plan and Workplace Contingency Plan to ensure the continuity of critical functions[1467](index=1467&type=chunk)[1468](index=1468&type=chunk) - The company has a comprehensive cybersecurity strategy based on strict control processes to prevent, detect, and respond to attacks, protecting data integrity, availability, and confidentiality[1508](index=1508&type=chunk) - Environmental and Social Risk management is integrated across the business, with a specific focus on climate risk, aligning with TCFD recommendations[1516](index=1516&type=chunk)[1519](index=1519&type=chunk) [Description of Securities Other than Equity Securities](index=247&type=section&id=ITEM%2012.%20DESCRIPTION%20OF%20SECURITIES%20OTHER%20THAN%20EQUITY%20SECURITIES) This section focuses on the company's American Depositary Shares (ADSs), traded on NYSE since 2002, detailing their representation of preferred shares, governing deposit agreement, and associated fees and expenses ADS Holder Fees Payable to Depositary | Event | Fees | | :--- | :--- | | **Issuance or cancellation of ADSs** | US$5.00 (or less) per 100 ADSs | | **Any cash distribution** | US$0.05 (or less) per ADS | | **Depositary services (annual)** | US$0.05 (or less) per ADS | - Each American Depositary Share (ADS) represents one preferred share of the company[1538](index=1538&type=chunk) - In 2021, the company received **US$15.00 million** from the depositary (BNY Mellon) as reimbursement for expenses related to the maintenance and promotion of the ADS program[1550](index=1550&type=chunk) PART II [Controls and Procedures](index=251&type=section&id=ITEM%2015.%20CONTROLS%20AND%20PROCEDURES) This section affirms the effectiveness of the company's internal controls and disclosure procedures as of December 31, 2021, based on management's assessment and an independent audit by PricewaterhouseCoopers - Management, including the CEO and CFO, concluded that the company's disclosure controls and procedures were effective as of December 31, 2021[1557](index=1557&type=chunk) - Management assessed the effectiveness of internal control over financial reporting as effective as of December 31, 2021, based on the COSO framework[1558](index=1558&type=chunk) - The effectiveness of internal control over financial reporting was audited by PricewaterhouseCoopers Auditores Independentes Ltda., an independent registered public accounting firm[1559](index=1559&type=chunk) [Corporate Governance and Other Matters](index=252&type=section&id=ITEM%2016.%20%5BRESERVED%5D) This section covers corporate governance topics, including the audit committee financial expert, Code of Ethics adherence, fees paid to PwC, reliance on NYSE listing standard exemptions for foreign private issuers, and differences in governance practices - The Board of Directors has designated Mr. Ricardo Baldin as the audit committee financial expert[1564](index=1564&type=chunk) Principal Accountant Fees (in thousands of R$) | Fees | 2021 | 2020 | | :--- | :--- | :--- | | **Audit Fees** | 75,536 | 66,631 | | **Audit-Related Fees** | 4,472 | 4,896 | | **Tax Fees** | 688 | 541 | | **All Other Fees** | 962 | 88 | | **Total** | 81,658 | 72,156 | - As a foreign private issuer, the company complies with certain Brazilian corporate governance requirements in lieu of some NYSE listing rules, particularly regarding board independence and committee composition[1578](index=1578&type=chunk)[1580](index=1580&type=chunk)[1581](index=1581&type=chunk) - As of the report date, the company did not have an active share repurchase program[1576](index=1576&type=chunk) PART III [Financial Statements](index=258&type=section&id=ITEM%2018.%20FINANCIAL%20STATEMENTS) This section contains the company's audited consolidated financial statements for the fiscal year ended December 31, 2021, prepared under IFRS, including the auditor's report and all primary financial statements - The consolidated financial statements were prepared in conformity with International Financial Reporting Standards (IFRS) as issued by the IASB[1608](index=1608&type=chunk) - PricewaterhouseCoopers Auditores Independentes Ltda. issued an unqualified opinion on the financial statements and internal control effectiveness as of December 31, 2021[1608](index=1608&type=chunk) - Critical Audit Matters identified by the auditor include the measurement of expected credit loss provision, valuation of non-actively traded financial assets, and provision for litigations[1616](index=1616&type=chunk)

Exhibit 99.1 20 22 General Stockholders' Annual General Stockholders' Meeting and Extraordinary General Stockholders' Meeting Contents | 1. Message from the Co-chairmen of the Board of Directors | 03 | | --- | --- | | 2. Introduction | 04 | | 3. Executive Officers' Comments | 05 | | 4. Information about the Annual and Extraordinary General Stockholders' Meetings | 07 | | 5. Call notice | 08 | | 6. Annual and Extraordinary General Stockholders' Meeting | 09 | | ATTACHMENT I - Attachment 9-1-11 of CVM Instruc ...

Itaú Unibanco Holding S.A. (NYSE:ITUB) Q4 2021 Earnings Conference Call February 11, 2022 8:00 AM ET Company Participants Milton Filho – Chief Executive Officer Alexsandro Broedel – Chief Financial Officer Renato Jacob – Group Head of Investor Relations and Marketing Intelligence Matias Granata – Group Chief Risk Officer Andre Sapoznik – Executive Vice President Ricardo Guerra – Chief Information Officer Carlos Constantini – Executive Director of Wealth Management Services Andre Rodrigues – Payments, Operat ...

Itaú Unibanco Holding S.A. 1 Corporativo | Interno earnings review 4Q21 São Paulo, February 11th, 2022 quarter highlights 4Q21 vs. 3Q21 change 15.5% 8.3% 9.6% credit portfolio credit cards R$1,027 bn 6.7% margin with clients R$19.9 bn 13.2% # of cards issued #4.8 mm 3.0% commissions and insurance R$11.9 bn 2.9% 43.0% 1.0 p.p. Brazil 40.7% 1.4 p.p. 日 + 8.8 million clients digitally acquired in 4Q21 54% vs. 3Q21 Itau iti za (s mortgage for individuals personal loans efficiency ratio recurring managerial resul ...

Itau Unibanco Holding SA Brands, Inc. (NYSE:ITUB) Q3 2021 Earnings Conference Call November 4, 2021 10:15 AM ET Company Participants Milton Filho - CEO Conference Call Participants Mario Pierry - Bank of America Merrill Lynch Jorge Kuri - Morgan Stanley Daer Labarta - Goldman Sachs Group Yuri Fernandes - JPMorgan Chase & Co. Carlos Gomez - HSBC Operator Good morning, ladies and gentlemen. Welcome to the Itaú Unibanco Holding conference call to discuss 2021 third quarter results. [Operator Instructions]. As ...

Exhibit 99.1 3Q 21 Management discussion & analysis and complete financial statements Third quarter of 2021 Contents Management discussion & analysis Page 03 | Executive Summary | 03 | | --- | --- | | Income Statement and Balance Sheet Analysis | 11 | | Managerial Financial Margin | 12 | | Cost of Credit | 13 | | Credit Quality | 15 | | Commissions and Fees & Result from Insurance | 17 | | Result from Insurance, Pension Plan and Premium Bonds | 19 | | Non-interest Expenses | 20 | | Balance Sheet | 22 | | Cr ...