Itaú Unibanco Holding S.A. Resubmission of the Extraordinary General Meeting Manual
Itaú Unibanco Holding S.A. has resubmitted the Management's Proposal for its Extraordinary General Stockholders' Meeting, set for January 31, 2021. The proposal now includes a change in the number of members on Newco's Board of Directors from three to four. Demosthenes Madureira de Pinho Neto is nominated for the newly created position. Votes previously cast will be disregarded, requiring stockholders to submit new voting instructions by January 27, 2021. The updated Management's Proposal is accessible on the Company's investor relations website and other regulatory platforms.
- Increase in Board of Directors members from three to four for Newco.
- Appointment of Demosthenes Madureira de Pinho Neto as a qualified candidate.
- Disregarding previously cast votes may create confusion among stockholders.
SÃO PAULO, Jan. 21, 2021 /PRNewswire/ -- In accordance with Article 21-A, paragraph 3, item II and paragraph 6, of CVM Instruction No. 481/09, Itaú Unibanco Holding S.A. ("Company") informs its stockholders that on this date, January 20, 2021, it resubmitted the Management's Proposal in connection with the Extraordinary General Stockholders' Meeting to be held on January 31, 2021, to change the agenda related to the definition of the number of members to make up the Board of Directors of Newco (the company resulting from the proposed partial spin-off of the Company) to four (4) members rather than the previously informed three (3) members.
Demosthenes Madureira de Pinho Neto has been nominated to fulfill this fourth vacancy on Newco's Board of Directors, with his résumé being included in the Management's Proposal, as well as those of the other candidates to make up Newco's Board of Directors.
We clarify that the votes already cast for the resolution, now altered, will be disregarded. Therefore, to prevent the voting instruction to be deemed conflicting, we urge stockholders to forward any possible new voting instruction to the same service provider they have previously used. The Company will extend the deadline for receiving any new voting instructions to be forwarded by stockholders to January 27, 2021.
The resubmitted Management's Proposal is available on the Company's investor relations website (www.itau.com.br/relacoes-com-investidores), as well as on the websites of CVM (www.cvm.gov.br) and B3 – Brasil, Bolsa, Balcão (www.b3.com.br).
São Paulo (SP), January 21, 2021.
RENATO LULIA JACOB
Group Head of Investor Relations and Market Intelligence
Contact:
Itaú Unibanco – Comunicação Corporativa
(11) 5019-8880 / 8881 – imprensa@itau-unibanco.com.br
View original content:http://www.prnewswire.com/news-releases/itau-unibanco-holding-sa-resubmission-of-the-extraordinary-general-meeting-manual-301212876.html
SOURCE Itaú Unibanco Holding S.A.
FAQ
What change was made to the Board of Directors for Newco by Itaú Unibanco?
Who was nominated for the fourth member position on the Newco Board?
When is the Extraordinary General Stockholders' Meeting scheduled?
What is the deadline for stockholders to submit new voting instructions?
Where can I find the updated Management's Proposal from Itaú Unibanco?
