Financial Performance - The managerial financial margin reached R$104.1 billion in 2023, a 12.5% increase compared to R$92.6 billion in 2022[103] - Financial margin with clients increased by 8.5% from R$89.6 billion to R$100.8 billion year-over-year[103] - Commissions and fees totaled R$42.6 billion, representing a 3.6% increase compared to R$41.1 billion in the previous year[103] - Revenues from insurance operations grew by 11.6%, reaching R$10.1 billion compared to R$9.1 billion in the prior year[103] - The cost of credit was R$36.9 billion, a 14.4% increase from R$32.3 billion[103] - Non-interest expenses increased by 6.5%, from R$54.6 billion to R$58.1 billion[103] - The recurring managerial result was R$35.6 billion, a 15.7% increase compared to R$30.8 billion[103] Portfolio and Credit Quality - Total credit portfolio (ex-fx variation) increased by 5.3% year-over-year, reaching R$1,176.5 billion[23] - Individuals credit portfolio increased 4.1% to R$415.9 billion[23] - Corporate loans increased 8.7% to R$374.8 billion[35] - The sale of loans with low probability of recovery in 4Q23 included R$198 million of the individuals portfolio, R$22 million of the very small, small and middle market companies portfolio and R$125 million of the corporate portfolio[6] Capital and Distribution - The pro forma Tier I capital after dividends payment in 1Q24 is 13.1% + 0.51%[71] - Additional Dividends to be paid in 3/8/2024 is R$11.0 billion[71]

Financial Performance - Operating revenues for the nine-month period ended September 30, 2023, reached R$116,575 million, a 9.9% increase from R$106,043 million in 2022[24]. - Net interest income increased by 12.8% to R$73,669 million compared to R$65,295 million in the same period last year[24]. - Net income attributable to owners of the parent company was R$24,332 million, reflecting an 11.0% growth from R$21,915 million in 2022[24]. - Operating revenues increased by 9.9% to R$116,575 million for the nine-month period ended September 30, 2023, compared to R$106,043 million for the same period in 2022[34]. - Net income attributable to owners of the parent company rose by 11.0% to R$24,332 million for the nine-month period ended September 30, 2023, from R$21,915 million in the same period of 2022[36]. - Net income for Q3 2023 was R$8,469 million, compared to R$8,118 million in Q3 2022, reflecting a 4.3% year-over-year growth[186]. - Total comprehensive income for Q3 2023 was R$10,753 million, up from R$8,824 million in Q3 2022, representing a 21.7% increase[186]. - Adjusted net income for the period from January 1 to September 30, 2023, was R$67,533 million, a decrease of 22.3% compared to R$87,036 million in the same period of 2022[189]. Asset and Liability Management - Total assets as of September 30, 2023, amounted to R$2,509,117 million, an 8.1% increase from R$2,321,066 million at the end of 2022[27]. - Total liabilities as of September 30, 2023, amounted to R$2,316,443 million, an increase from R$2,143,959 million at the end of 2022[183]. - Total financial liabilities increased by R$138,752 million, or 7.6%, as of September 30, 2023, compared to December 31, 2022[91]. - Current liabilities amounted to R$1,244,279 million, while long-term liabilities totaled R$1,071,687 million as of September 30, 2023[126]. Capital and Equity - The Common Equity Tier I Ratio improved to 13.1%, up 120 basis points from 11.9% in December 2022[27]. - Total stockholders' equity attributed to the owners of the parent company increased by R$15,919 million, or 9.5%, as of September 30, 2023[91]. - The total stockholders' equity attributed to the owners of the parent company rose to R$183,636 million, up from R$167,717 million year-over-year[183]. - The total change in stockholders' equity for the period is R$15,567 million, reflecting the company's performance and transactions with owners[187]. Operational Efficiency - The total number of employees decreased by 2.9% to 97,486 from 100,361 in the previous year[27]. - The number of total branches and client service branches fell by 8.0% to 3,509 from 3,816[27]. - Other operating expenses increased by 10.1% to R$62,935 million, largely due to higher general and administrative expenses[49]. - Capital expenditures for the nine-month period ended September 30, 2023, totaled R$5,756 million, a decrease of 32.4% compared to R$8,495 million for the year ended December 31, 2022[123]. Risk Management - The provision for expected loss increased by 18.7% to R$24,023 million compared to R$20,235 million in 2022[24]. - The 90-day non-performing loan (NPL) ratio was 3.5% as of September 30, 2023, an increase of 40 basis points compared to the same date in 2022[44]. - The coverage ratio for 90-day NPLs was 209% as of September 30, 2023, down from 215% a year earlier[48]. - The expected loss from financial assets was R$7,994 million in Q3 2023, compared to R$7,000 million in Q3 2022, reflecting a 14.2% increase in expected losses[184]. Business Segments Performance - Net income from the Retail Business segment increased by 16.6% to R$9,493 million for the nine-month period ended September 30, 2023, compared to R$8,139 million for the same period in 2022[66]. - Operating revenues for the Retail Business segment rose by R$4,918 million, or 7.4%, driven by an 8.9% increase in interest margin due to higher average credit volume[66]. - Net income from the Wholesale Business segment increased by 12.8% to R$14,880 million for the nine-month period ended September 30, 2023, compared to R$13,188 million for the same period in 2022[72]. - Operating revenues for the Wholesale Business segment increased by R$4,624 million, or 12.9%, primarily due to a 19.0% increase in interest margin[72]. Regulatory Environment - The Central Bank's new regulations, effective from November 1, 2023, enhance rules related to fraud prevention and require financial institutions to share information about fraud incidents[146]. - The implementation of Basel III in Brazil, effective July 1, 2023, introduces changes in capital requirement calculations related to credit risk exposures[140]. - The Central Bank's Resolution No. 348, effective November 1, 2023, amends rules for foreign exchange transactions, particularly for foreign direct investments[139]. - Open Finance regulations, effective April 1, 2023, allow for the sharing of customer data upon authorization, enhancing market competitiveness[136]. Cash Flow and Investments - The company reported a net cash from operating activities of R$92,101 million, down 25.4% from R$123,829 million in the same period last year[189]. - Cash and cash equivalents at the end of the period stood at R$123,056 million, an increase from R$119,569 million year-over-year[189]. - The company paid R$9,901 million in dividends and interest on capital, an increase from R$6,260 million in the same period last year[189].

financial margin with clients 3Q23 BRL25.6bn commissions and insurance 11.1 3Q20 11.6 3Q21 12.3 3Q22 10.8 3Q19 (BRL billion ) ( BRL billion ) ( BRL billion ) cost of credit 8.0 3Q22 12.8 3Q19 7.2 3Q19 < Corporativo | Interno without overlooking risk management 8.1 p.p. 29.6 p.p. 118 124 121 123 1.0 % ( BRL billion ) ( % ) ( % ) ( % ) 1.4% 9.2% Sep-23 3.0% 847 Sep-20 0.2 p.p. Sep-23 vs. Jun-23 Sep-23 vs. Sep-22 Sep-23 14.6% 14.1 12.4 12.9 13.2 Sep-23 209% Sep-23 vs. Jun-23 NSFR 4 Sep-23 127.3% 2019 4Q22 -0- ...

20 Itaú Unibanco Holding S.A. General Extraordinary Stockholders' Meeting Manual November 30, 2023 Contents | 1. Message from Management about the ESM Manual | 03 | | --- | --- | | 2. Information on the Extraordinary Stockholders' Meeting | 04 | | 3. Call notice | 05 | | 4. Resolutions - Extraordinary General Stockholders' Meeting | 06 | | ATTACHMENT I TO CVM RESOLUTION NO. 81/22 | 08 | | ATTACHMENT II - ATTACHMENT L TO CVM RESOLUTION NO. 81/22 | 82 | | ATTACHMENT III - REPORT ON THE ORIGIN AND RATIONALE OF ...

All references in this Form 6-K to (i) "Itaú Unibanco Holding," "Itaú Unibanco Group," "we," "us" or "our" are references to Itaú Unibanco Holding S.A. and its consolidated subsidiaries, except where otherwise specified or required by the context; (ii) the "Brazilian government" are references to the federal government of the Federative Republic of Brazil, or Brazil; (iii) "preferred shares" are references to our authorized and outstanding preferred shares with no par value; and (iv) "common shares" are ref ...

Itaú Unibanco Holding S.A. earnings review 2Q23 quarter highlights consolidated margin with clients R$24.9 billion 3.7% 3.0% 0.1 p.p. R$1.1 billion 65.9% credit portfolio financial margin -2.8 -0.2 24.0 21.3 22.1 24.9 0.3 0.2 0.2 0.2 2.9 4 Itaú São Paulo, August 8ª 2023 2Q23 vs. 1Q23 change recurring recurring 20.9% 0.2 p.p. consolidated managerial managerial R$8.7 billion 3.6% Brazil 21.5% 0.4 p.p. result ROE efficiency ratio 2 (1) includes private securities.3 change in R$ billion 4 Corporativo | Interno ...

Financial Data and Key Metrics Changes - The company reported earnings of BRL 8.7 billion for Q2 2023, representing a growth of 3.6% with a strong ROE of 20.9% [65] - The efficiency ratio improved to 39.6% on a consolidated basis, with Brazil achieving the lowest ratio ever at 37.7% [66][79] - The margin with clients grew by 3.7% to reach BRL 24.9 billion, indicating strong core results [65][69] Business Line Data and Key Metrics Changes - The loan portfolio saw a growth of 0.6% in Q2, with individual loans growing by 8.9% year-on-year, while the SMEs portfolio remained virtually flat [49] - The credit card portfolio experienced a strategic reduction, leading to a healthier risk profile and a drop in delinquency rates [50][60] - Revenue from services and insurance grew significantly, with insurance operations increasing by 2.9% in the quarter and 17.5% year-on-year [57] Market Data and Key Metrics Changes - The company noted a stable delinquency ratio with a slight increase of 0.1 percentage points, consistent with expectations [48] - The NPL (Non-Performing Loans) ratio for individuals showed a positive trend, with a 20 basis point drop in delinquency rates [60][76] - The acquiring business reached a volume of BRL 208 billion, reflecting a 22% growth in revenue [56] Company Strategy and Development Direction - The company is focused on digital transformation and efficiency improvements, aiming to enhance client experience and reduce costs [81][82] - There is an emphasis on maintaining a strong balance sheet and managing risk effectively throughout the interest rate cycle [70][102] - The company aims to be the main bank for clients, enhancing engagement and cross-selling opportunities [18][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the future, expecting a more benign credit cycle and potential revenue growth of 10% to 15% in 2024 [94][96] - The company anticipates stability in delinquency ratios and a positive outlook for the next quarters, with more chances of positive surprises than negative [77] - Management acknowledged the challenges in the capital markets but remains committed to delivering sustainable earnings [90] Other Important Information - The company maintained its guidance for the year, with slight adjustments to the effective tax rate expected to be between 27% and 29% [86][87] - The company is actively monitoring the impact of potential tax reforms on its operations and cost structure [30][31] Q&A Session Summary Question: What happened with the operational event affecting system availability? - Management apologized for the impact on investors and clients, acknowledging the need for resilience and improvements in the bank's operations [91][92] Question: What are the expectations for revenue growth in 2024? - Management is optimistic about achieving 10% to 15% revenue growth, driven by improvements in core segments and a more favorable credit cycle [94][96] Question: How does the company plan to manage capital allocation and payout? - Management indicated a direction towards increasing payout while ensuring capital is retained only as necessary for growth opportunities [99]

TABLE OF CONTENTS | CERTAIN TERMS AND CONVENTIONS | 1 | | --- | --- | | CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS | 2 | | PRESENTATION OF FINANCIAL AND OTHER INFORMATION | 4 | | SELECTED FINANCIAL DATA | 5 | | OPERATING AND FINANCIAL REVIEW AND PROSPECTS | 7 | | REGULATORY RECENT DEVELOPMENTS | 24 | | SIGNATURES | 31 | | FINANCIAL STATEMENTS | 32 | Page CERTAIN TERMS AND CONVENTIONS All references in this Form 6-K to (i) "Itaú Unibanco Holding," "Itaú Unibanco Group," "we," "us" or "our" are ...

We understand that usually banks are based on the product view. Usually, you focus on the product, on the system, on the structure. What we're trying to do now has to do with two effects. First, we have more of a modern platform right now, which is very important. You're not a victim of the old systems anymore. And also we have the agile way of working where you have communities that are designed to understand the needs of our clients. It's easy to talk about it, but in practical terms, it is very challengi ...

Company Information - Itaú Unibanco Holding S.A. filed its report under Form 20-F for the month of April 2023[1] - The meeting of the Board of Directors took place on April 27, 2023[7] Management Team - Renato Lulia Jacob serves as the Group Head of Investor Relations and Market Intelligence[9] - Alexsandro Broedel is the Chief Financial Officer of Itaú Unibanco[9]