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

Rhea-AI Summary

On February 10, 2022, Itaú Unibanco Holding S.A. announced that its Board of Directors approved the payment of interest on capital for the fiscal year ending December 31, 2021. Stockholders will receive R$0.013660 per share, subject to a 15% income tax withholding, resulting in a net payment of R$0.011611 per share. Payments are scheduled for March 11, 2022, based on stockholding positions recorded on February 21, 2022. The Board also approved the payment of previously declared interest of R$0.224868 per share on the same date.

Positive

• Approved payment of interest on capital totaling R$0.013660 per share, indicating steady returns to shareholders.
• Additional payment of previously declared interest of R$0.224868 per share reinforces commitment to shareholder value.

Negative

• None.

SÃO PAULO, Feb. 10, 2022 /PRNewswire/ -- ITAÚ UNIBANCO HOLDING S.A. informs its stockholders that its Board of Directors, after examining and approving the financial statements for the fiscal year ended December 31, 2021, has resolved, as of today, on the payment of interest on capital in the amount of R$0.013660 per share, with income tax withholding at a rate of 15%, resulting in net interest of R$0.011611 per share, with the exception of any corporate stockholders able to prove they are immune to or exempt from such withholding. Stockholders will be paid on March 11, 2022, with such amount to be calculated based on the final stockholding position recorded on February 21, 2022, with shares traded "ex-rights" as of February 22, 2022.

The Board of Directors has also approved the payment on March 11, 2022 of the interest on capital already declared on October, 14, 2021, in the net amount of R$ 0.224868 per share.

If you have any question, please access www.itau.com.br/relacoes-com-investidores as follows: services to investors > contact IR > IR services.

São Paulo (SP), February 10, 2022.

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.

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

View original content:https://www.prnewswire.com/news-releases/itau-unibanco-holding-sa-material-fact-payment-of-interest-on-capital-301480357.html

SOURCE Itaú Unibanco Holding S.A.

FAQ

What is the interest on capital payment amount for Itaú Unibanco (ITUB) announced on February 10, 2022?

The announced interest on capital payment is R$0.013660 per share, resulting in a net payment of R$0.011611 after tax.

When will Itaú Unibanco (ITUB) pay shareholders the interest on capital?

Itaú Unibanco will pay shareholders on March 11, 2022.

What are the ex-rights and record dates for Itaú Unibanco's (ITUB) interest on capital payment?

The ex-rights date is February 22, 2022, and the record date is February 21, 2022.

Is the interest on capital payment the same for common and preferred shares of Itaú Unibanco (ITUB)?

Yes, the interest on capital amounts are paid equally for both common (ITUB3) and preferred (ITUB4) shares.