Itaú Unibanco Holding S.A.: Payment of Interest on Capital

Rhea-AI Summary

ITAÚ UNIBANCO HOLDING S.A. has announced a Board of Directors' decision regarding the payment of interest on capital to shareholders. This payment, set for up to December 31, 2021, will be based on the final stockholding position as of April 27, 2021, with shares trading 'ex-rights' from April 28, 2021. The interest on capital is R$0.05648 per share, leading to a net payment of R$0.048008 per share after a 15% withholding tax. This payment is part of the total dividends and interest on capital for fiscal year 2021.

Positive

• Announcement of interest on capital payment enhances shareholder returns.
• Interest on capital payment reflects strong financial results for 2021.

Negative

• None.

SÃO PAULO, April 16, 2021 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors, as of today, approved the payment, to be made up to December 31, 2021, of the following earnings to stockholders, the calculation of which is based on the final stockholding position of April 27, 2021, with shares traded "ex-rights" as from April 28, 2021:

Interest on capital in the amount of R$0.05648 per share, with 15% withholding income tax, resulting in net interest of R$0.048008 per share, with the exception of any corporate stockholders provenly immune or exempt from such withholding.

The interest on capital declared as of today refers to a partial advance payment of total dividends and interest on capital related to the company's results for fiscal year 2021 and therefore will supplement the dividends and interest on capital ultimately declared when annual results are disclosed.

If you have any question, please access www.itau.com.br/relacoes-com-investidores as follows: Contact IR > Service.

RENATO LULIA JACOB

Group Head of Investor Relations and Market Intelligence

Note: Interest on capital amounts are paid equally for common (ITUB3) and preferred (ITUB4) shares.

Contact:

Itaú Unibanco – Corporate Communications
(11) 5019-8880 / 8881 – imprensa@itau-unibanco.com.br

CNPJ 60.872.504/0001-23
NIRE 35300010230

View original content:http://www.prnewswire.com/news-releases/itau-unibanco-holding-sa-payment-of-interest-on-capital-301270868.html

SOURCE Itaú Unibanco Holding S.A.

FAQ

What is the interest on capital declared by Itaú Unibanco?

Itaú Unibanco has declared an interest on capital of R$0.05648 per share.

When will the interest on capital be paid by Itaú Unibanco?

The interest on capital will be paid up to December 31, 2021.

What is the net interest on capital for Itaú Unibanco shares after tax?

The net interest on capital after a 15% withholding tax is R$0.048008 per share.

When is the ex-rights date for Itaú Unibanco shares?

The ex-rights date for Itaú Unibanco shares is April 28, 2021.

Who is eligible for the interest on capital payment by Itaú Unibanco?

All shareholders holding shares up to April 27, 2021, are eligible, except for those exempt from withholding tax.