<SEC-DOCUMENT>0001292814-23-003686.txt : 20230823
<SEC-HEADER>0001292814-23-003686.hdr.sgml : 20230823
<ACCEPTANCE-DATETIME>20230823145055
ACCESSION NUMBER:		0001292814-23-003686
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		11
CONFORMED PERIOD OF REPORT:	20230630
FILED AS OF DATE:		20230823
DATE AS OF CHANGE:		20230823

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Itau Unibanco Holding S.A.
		CENTRAL INDEX KEY:			0001132597
		STANDARD INDUSTRIAL CLASSIFICATION:	STATE COMMERCIAL BANKS [6022]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-15276
		FILM NUMBER:		231197057

	BUSINESS ADDRESS:	
		STREET 1:		PC. ALFREDO EGYDIO DE SOUZA ARANHA, 100
		STREET 2:		TORRE AE, 3 ANDAR, CEP 04344-902
		CITY:			SAO PAULO
		STATE:			D5
		ZIP:			00000
		BUSINESS PHONE:		55-11-5019-1723

	MAIL ADDRESS:	
		STREET 1:		PC. ALFREDO EGYDIO DE SOUZA ARANHA, 100
		STREET 2:		TORRE AE, 3 ANDAR, CEP 04344-902
		CITY:			SAO PAULO
		STATE:			D5
		ZIP:			00000

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	Itau Unibanco Banco Multiplo S.A.
		DATE OF NAME CHANGE:	20090226

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANCO ITAU HOLDING FINANCEIRA S A
		DATE OF NAME CHANGE:	20030319

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	BANCO ITAU SA
		DATE OF NAME CHANGE:	20010117
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>itubmtn2q23_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center"><B>UNITED STATES SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>REPORT OF FOREIGN PRIVATE ISSUER</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>PURSUANT TO RULE 13a-16 OR 15d-16 UNDER</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center"><B>THE SECURITIES EXCHANGE ACT OF 1934</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center"><B>For the month of August 2023</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin-top: 0; margin-bottom: 0; text-align: center"><B>Commission File Number: 001-15276</B></P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 1pt 4cm"><DIV STYLE="font-size: 1pt; border-top: #999999 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>Ita&uacute; Unibanco Holding S.A.</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">(Exact name of registrant as specified in its charter)</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>Ita&uacute; Unibanco Holding S.A.</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>(Translation of Registrant&rsquo;s Name into English)</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>Pra&ccedil;a Alfredo Egydio de Souza Aranha, 100-Torre
Concei&ccedil;&atilde;o</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center"><B>CEP 04344-902 S&atilde;o Paulo, SP, Brazil</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">(Address of Principal Executive Office)</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<!-- Field: Rule-Page --><DIV STYLE="margin: 1pt 113.75pt"><DIV STYLE="font-size: 1pt; border-top: #999999 1.5pt solid">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark whether the registrant files
or will file annual reports under cover of Form&nbsp;20-F or Form 40-F.</P>

<P STYLE="font: 11pt Arial,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 11pt">Form
20-F &#9746;&#9;Form 40-F &#9744;</FONT></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):</P>

<P STYLE="font: 11pt Arial,sans-serif; margin: 0; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 11pt">Yes
&#9744;&#9;&#9;No&nbsp;&#9746;</FONT></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 6pt; text-align: justify">Indicate by check mark if the registrant is submitting
the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):</P>

<P STYLE="font: 11pt Arial,sans-serif; margin: 0 28.85pt 0 35.45pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif">Yes
&#9744;&#9;No&nbsp;&#9746;</FONT></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 28.85pt 0 35.45pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial,sans-serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: center"><B>EXHIBIT INDEX </B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="width: 6%">&nbsp;</TD>
    <TD STYLE="width: 94%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: top; padding-left: 7.2pt; font: 11pt Arial,sans-serif"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>99.1</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; font: 11pt Arial,sans-serif"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;<A HREF="ex99-1.htm">Form 6-K &ndash; 2Q2023 MTN Program</A></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 18pt Itau Display,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">SIGNATURES</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0pt 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities Exchange
Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt">Date: August 23, 2023.</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-indent: 252pt"><B>Ita&uacute; Unibanco Holding S.A.</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt 252pt"><U>By<I>: /s/ Milton Maluhy Filho</I><BR>
</U>Name: Milton Maluhy Filho<BR>
Title: Chief Executive Officer</P>

<P STYLE="font: 11pt Arial,sans-serif; margin: 0 0 12pt; text-indent: 252pt">&nbsp;</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0 0 12pt 252pt"><U>By: <I>/s/ Alexsandro Broedel</I><BR>
</U>Name: Alexandro Broedel<BR>
Title: Chief Financial Officer</P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.1
<SEQUENCE>2
<FILENAME>ex99-1.htm
<DESCRIPTION>EX-99.1
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;</P>

<P STYLE="font: bold 10pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">TABLE OF CONTENTS</P>

<P STYLE="font: bold 10pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: right">Page</P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%">
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="width: 90%; text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">CERTAIN TERMS AND CONVENTIONS</TD>
    <TD STYLE="width: 10%; text-align: right; padding-top: 0in; padding-bottom: 12pt">1</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">2</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">PRESENTATION OF FINANCIAL AND OTHER INFORMATION</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">4</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">SELECTED FINANCIAL DATA</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">5</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">7</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">REGULATORY RECENT DEVELOPMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">23</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">SIGNATURES</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">32</TD></TR>
  <TR STYLE="text-align: left; vertical-align: bottom; font: 10pt Itau Display">
    <TD STYLE="text-align: left; text-indent: -0.5in; padding-top: 0in; padding-bottom: 12pt; padding-left: 0.5in">FINANCIAL STATEMENTS</TD>
    <TD STYLE="text-align: right; padding-top: 0in; padding-bottom: 12pt">33</TD></TR>
</TABLE>
<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0">&nbsp;</P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">CERTAIN TERMS AND CONVENTIONS</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">All references in this Form 6-K
to (i) &ldquo;<B>Ita&uacute; Unibanco Holding</B>,&rdquo; &ldquo;<B>Ita&uacute; Unibanco Group</B>,&rdquo; &ldquo;<B>we</B>,&rdquo; &ldquo;<B>us</B>&rdquo;
or &ldquo;<B>our</B>&rdquo; are references to Ita&uacute; Unibanco Holding S.A. and its consolidated subsidiaries, except where otherwise
specified or required by the context; (ii)&nbsp;the &ldquo;<B>Brazilian government</B>&rdquo; are references to the federal government
of the Federative Republic of Brazil, or Brazil; (iii) &ldquo;<B>preferred shares</B>&rdquo; are references to our authorized and outstanding
preferred shares with no par value; and (iv) &ldquo;<B>common shares</B>&rdquo; are references to our authorized and outstanding common
shares with no par value. All references to &ldquo;<B>ADSs</B>&rdquo; are to American Depositary Shares, each representing one preferred
share, without par value. The ADSs are evidenced by American Depositary Receipts, or &ldquo;<B>ADRs</B>,&rdquo; issued by The Bank of
New York Mellon, or BNY Mellon. All references herein to the &ldquo;<B><I>real</I></B>,&rdquo; &ldquo;<B><I>reais</I></B>&rdquo; or &ldquo;<B>R$</B>&rdquo;
are to the Brazilian <I>real</I>, the official currency of Brazil. All references to &ldquo;<B>US$</B>,&rdquo; &ldquo;<B>dollars</B>&rdquo;
or &ldquo;<B>U.S. dollars</B>&rdquo; are to United States dollars.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 0.5in">Additionally, unless specified
or the context indicates otherwise, the following definitions apply throughout this Form 6-K:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&ldquo;<B>Ita&uacute; Unibanco</B>&rdquo;
means Ita&uacute; Unibanco S.A., together with its consolidated subsidiaries;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&ldquo;Ita&uacute; BBA&rdquo;</B>
means Banco Ita&uacute; BBA S.A., together with its consolidated subsidiaries;</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&ldquo;<B>Ita&uacute; Corpbanca</B>&rdquo;
means Ita&uacute; Corpbanca, together with its consolidated subsidiaries; and</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 10pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0"></TD><TD STYLE="width: 0.5in"><FONT STYLE="font-family: Symbol; font-size: 10pt">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&ldquo;<B>Central Bank</B>&rdquo;
means the Central Bank of Brazil.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="letter-spacing: -0.1pt">Additionally,
acronyms used repeatedly, defined and technical terms, specific market expressions and the full names of our main subsidiaries and other
entities referenced in this </FONT>report on Form 6-K <FONT STYLE="letter-spacing: -0.1pt">are explained or detailed in the glossary of
terms beginning on page </FONT>200 to our annual report on Form 20-F for the year ended December 31, 2022 filed with the SEC on April
28, 2023, or our 2022 Form 20-F.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 0.5in"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 2; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING
STATEMENTS</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 0.5in">This report on Form 6-K
contains statements that are or may constitute forward-looking statements within the meaning of the U.S. Private Securities Litigation
Reform Act of 1995, Section 27A of the United States Securities Act of 1933, as amended, or the Securities Act, and Section 21E of the
U.S. Securities Exchange Act of 1934, as amended, or the Exchange Act. We have based these forward-looking statements largely on our current
expectations and projections about future events and financial trends affecting our business. These forward-looking statements are subject
to risks, uncertainties and assumptions including, among other risks:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Political instability in Brazil, including developments
and the perception of risks in connection with the recently elected government in Brazil, as well as ongoing corruption and other investigations
and increasing fractious relations and infighting within the administration of the Brazilian government, as well as policies and potential
changes to address these matters or otherwise, including economic and fiscal reforms, any of which may negatively affect growth prospects
in the Brazilian economy as a whole;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">General economic, political, and business conditions
in Brazil and variations in inflation indices, interest rates, foreign exchange rates, and the performance of financial markets in Brazil
and the other markets in which we operate;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Global economic and political conditions, as well as
geopolitical instability, in particular in the countries where we operate, including in relation to the United States or the Russian invasion
of Ukraine;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Changes in laws or regulations, including in respect
of tax matters, compulsory deposits and reserve requirements, that adversely affect our business;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Any changes in tax law, tax reforms or review of the
tax treatment of our activities may adversely affect our operations and profitability;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Disruptions and volatility in the global financial
markets;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Costs and availability of funding;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Failure or hacking of our security and operational
infrastructure or systems;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Our ability to protect personal data;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Our level of capitalization;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Increases in defaults by borrowers and other loan delinquencies,
which result in increases in loan loss allowances;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Competition in our industry;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Changes in our loan portfolio and changes in the value
of our securities and derivatives;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Customer losses or losses of other sources of revenues;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Our ability to execute our strategies and capital expenditure
plans and to maintain and improve our operating performance;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Our exposure to Brazilian public debt;</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 12pt; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Incorrect pricing methodologies for insurance, pension
plan and premium bond products and inadequate reserves;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">The effectiveness of our risk management policies;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Our ability to successfully integrate acquired or merged
businesses;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Adverse legal or regulatory disputes or proceedings;</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Environmental damage and climate change and effects
from socio-environmental issues, including new and/or more stringent regulations relating to these issues; and</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 0 0.5in">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/107% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 8pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.25in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif">Other risk factors as set forth in our 2022 Form 20-F.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 35.45pt">The words &ldquo;believe&rdquo;,
&ldquo;may&rdquo;, &ldquo;will&rdquo;, &ldquo;estimate&rdquo;, &ldquo;continue&rdquo;, &ldquo;anticipate&rdquo;, &ldquo;intend&rdquo;,
&ldquo;expect&rdquo; and similar words are intended to identify forward-looking statements but are not the exclusive means of identifying
such statements. We undertake no obligation to update publicly or revise any forward-looking statements because of new information, future
events or otherwise. In light of these risks and uncertainties, the forward-looking information, events and circumstances discussed in
this report on Form 6-K might not occur. Our actual results and performance could differ substantially from those anticipated in such
forward-looking statements.</P>


<!-- Field: Page; Sequence: 4 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">PRESENTATION OF FINANCIAL AND OTHER INFORMATION</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">The information found
in this Form 6-K is accurate only as of the date of such information or as of the date of this Form 6-K, as applicable. Our activities,
our financial position and assets, the results of operations and our prospects may have changed since that date.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Information contained
in or accessible through our website or any other websites referenced herein does not form part of this Form 6-K unless we specifically
state that it is incorporated by reference and forms part of this Form 6-K. All references in this Form 6-K to websites are inactive textual
references and are for information only.</P>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify"><I>Effect of Rounding</I></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Certain amounts and percentages
included in this Form 6-K, including in the section of this Form 6-K entitled &ldquo;Operating and Financial Review and Prospects&rdquo;
have been rounded for ease of presentation. Percentage figures included in this Form 6-K have not been calculated in all cases on the
basis of the rounded figures but on the basis of the original amounts prior to rounding. For this reason, certain percentage amounts in
this Form 6-K may vary from those obtained by performing the same calculations using the figures in our audited interim consolidated financial
statements. Certain other amounts that appear in this Form 6-K may vary slightly and figures shown as totals in certain tables may not
be an arithmetical aggregation of the figures preceding them.</P>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify"><I>About our Financial Information</I></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">The reference date for
the quantitative information derived from our consolidated balance sheet included in this Form 6-K is as of June 30, 2023 and December
31, 2022 and the reference dates for information derived from our consolidated statement of income are the six-month periods ended June
30, 2023 and 2022, except where otherwise indicated.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Our audited interim consolidated
financial statements as of June 30, 2023 and December 31, 2022 and for the six-month periods ended June 31, 2023 and 2022, included at
the end of this Form 6-K, are prepared in accordance with International Financial Reporting Standards, or IFRS, issued by the International
Accounting Standards Board, or IASB.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Our audited interim consolidated
financial statements as of June 30, 2023 and December 31, 2022 and for the six-month periods ended June 30, 2023 and 2022 were audited
in accordance with International Standards on Auditing by PricewaterhouseCoopers Auditores Independentes Ltda., or PwC, our independent
auditors. Such financial statements are referred to herein as our audited interim consolidated financial statements.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
30 &ndash; Segment Information&rdquo; to our audited interim consolidated financial statements for further details about the main differences
between our management reporting systems and our audited interim consolidated financial statements prepared in accordance with IFRS issued
by the IASB.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">&nbsp;</P>


<!-- Field: Page; Sequence: 5 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: bold 11pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">SELECTED FINANCIAL DATA</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">We present below our selected
financial data derived from our audited interim consolidated financial statements included in this Form 6-K. Our audited interim consolidated
financial statements are presented as of June 30, 2023 and December 31, 2022 and for the six-month periods ended June 30, 2023 and 2022
and have been prepared in accordance with IFRS issued by the IASB. Considering the adoption of IFRS 17 for insurance and reinsurance contracts
held as from January 1, 2023, we adopted the modified retrospective approach with a transition date of January 1, 2022 for comparative
purposes. For further details, please see &ldquo;Note 2 &ndash; Significant accounting policies&rdquo; to our audited interim consolidated
financial statements.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">Additionally, we present
a summarized version of our Consolidated Statement of Income, Consolidated Balance Sheet and Consolidated Statement of Cash Flows in the
section &ldquo;Operating and Financial Review and Prospects.&rdquo;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt">The following selected
financial data should be read together with &ldquo;Presentation of Financial and Other Information&rdquo; and &ldquo;Operating and Financial
Review and Prospects.&rdquo;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0in">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0in">&nbsp;</P>


<!-- Field: Page; Sequence: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-size: 11pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Income Information</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: white; border-left-width: 1.5pt">For the six-month period ended <BR>
June 30,</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2022</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="padding-right: 12px; font: italic 8pt Itau Display Light; vertical-align: bottom; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; text-align: right">(In millions&nbsp;&nbsp;of&nbsp;&nbsp;R$, except percentages and basis&nbsp;&nbsp;points)</TD>
    <TD STYLE="font-style: italic; vertical-align: middle; text-align: center; border-top-color: Black; border-top-width: 0.5pt; border-left-color: Black; border-left-width: 0.5pt">%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: left; width: 57%">Operating Revenues</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 18%">76,173&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 18%">&nbsp;70,011&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right; width: 7%">8.8&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Net interest income<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">47,732&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;43,332&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;10.2&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Non-interest income<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">28,441&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;26,679&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">6.6&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: left">Expected Loss from Financial Assets</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(16,029)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(13,235)</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;21.1&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Other operating income (expenses)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(41,000)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(37,722)</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">8.7&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Net income attributable to owners of the parent company</TD>
    <TD STYLE="vertical-align: middle; text-align: right">15,974&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;13,966&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;14.4&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Recurring Return on Average Equity - Annualized - Consolidated <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">18.6%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">18.6%</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;-&nbsp;&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Return on Average Equity &ndash; Annualized - Consolidated<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">18.5%</TD>
    <TD STYLE="vertical-align: middle; border-right: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">18.1%</TD>
    <TD STYLE="vertical-align: middle; text-align: right; border-left-color: Black; border-left-width: 0.5pt">&nbsp;40 bps&nbsp;</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) Includes: (i) interest and similar income; (ii) interest and similar expenses; (iii) income of financial assets and liabilities at fair value through profit or loss; and (iv) foreign exchange results and exchange variations in foreign transactions.<BR>
(2) Includes commissions and banking fees, income from insurance contracts and private pension and other income.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">(3) The Recurring Return on Average Equity is obtained by dividing the Recurring Result (R$16,081 million and R$14,348 million in the six-month periods ended June 30, 2023 and 2022, respectively) by the Average Stockholders&rsquo; Equity adjusted by the dividends proposed (R$172,707 million and R$154,342 million in the six-month periods ended June 30, 2023 and 2022, respectively). The resulting amount is multiplied by the number of periods in the year to derive the annualized rate. The calculation bases of returns were adjusted by the dividends proposed after the balance sheet closing dates, which have not yet been approved at annual Stockholders' or Board meetings.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">(4) The Return on Average Equity is calculated by dividing the Net Income (R$15,974 million and R$13,966 million in the six-month periods ended June 30, 2023 and 2022, respectively) by the Average Stockholders&rsquo; Equity adjusted by the dividends proposed (R$172,707 million and R$154,342 million in the six-month periods ended June 30, 2023 and 2022, respectively). This average considers the Stockholders&rsquo; Equity from the four previous quarters. The quotient of this division was multiplied by the number of periods in the year to arrive at the annual ratio. The calculation bases of returns were adjusted by the proposed dividend amounts after the balance sheet dates not yet approved at the annual shareholders 'meeting or at the Board of Directors' meetings.<BR></TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-size: 11pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Balance Sheet Information</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: white; border-left-width: 1.5pt">As of June 30,</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: center">As of December 31,</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2022</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-style: italic; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 8pt Itau Display Light; vertical-align: bottom; border-top: Black 0.5pt solid; border-right: gray 0.5pt solid; text-align: center">(In millions of R$, except percentages and basis points)</TD>
    <TD STYLE="font-style: italic; vertical-align: middle; border-left: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Total assets</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;2,434,208&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;2,321,066&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">4.9&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Total loans and finance lease operations</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;901,185&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;909,422&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(0.9)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">(-) Provision for expected loss<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 11pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT><FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;(54,046)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(52,324)</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">3.3&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Common Equity Tier I Ratio - in %</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">12.2%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">11.9%</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;30 bps&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Tier I Ratio - in %&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">13.6%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">13.5%</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;10 bps&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Total Capital Ratio - in %&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">15.1%</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">15.0%</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;10 bps&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) Comprises Expected Credit Loss for Financial Guarantees Pledged R$ (778) at 06/30/2023 (R$ (810) at 12/31/2022) and Loan Commitments R$ (3,094) at 06/30/2023 (R$ (2,874) at 12/31/2022). Please see &ldquo;Note 10 &mdash; Loan and Lease operations&rdquo; to our audited interim consolidated financial statements for further details.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-size: 11pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Other Information</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: white; border-left-width: 1.5pt">For the six-month period ended <BR>
June 30,</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2022</TD>
    <TD STYLE="font-style: italic; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: left; border-top-color: Black; border-top-width: 0.5pt">Net income per share &ndash; R$ <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;1.63&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;1.43&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;14.0&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Weighted average number of outstanding shares&nbsp;&nbsp;- basic</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;9,795,857,635&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;9,797,123,736&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(0.0)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; text-align: left">Total Number of Employees</TD>
    <TD STYLE="vertical-align: middle; text-align: right">99,864&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;99,913&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(0.0)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Brazil</TD>
    <TD STYLE="vertical-align: middle; text-align: right">88,078&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;87,703&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">0.4&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; text-align: left">Abroad</TD>
    <TD STYLE="vertical-align: middle; text-align: right">11,786&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;12,210&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(3.5)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">Total Branches and CSBs &ndash; Client Service Branches</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;&nbsp;4,081&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4,192&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(2.6)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">ATM &ndash; Automated Teller Machines <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right">42,400&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;43,747&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;(3.1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) Calculated based on the weighted average number of outstanding shares for the period.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">(2) Includes ESBs (electronic service branches) and service points at third-party locations and Banco24Horas ATMs.</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 0in">&nbsp;&nbsp;</P>


<!-- Field: Page; Sequence: 7 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">OPERATING AND FINANCIAL REVIEW AND PROSPECTS</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><I>The following discussion should be read in conjunction
with our audited interim consolidated financial statements and accompanying notes and other financial information included elsewhere in
this Form 6-K and the description of our business in &ldquo;Item 4. Information on the Company&rdquo; in our 2022 Form 20-F. The following
discussion contains forward-looking statements that involve risks and uncertainties. Our actual results may differ materially from those
discussed in forward-looking statements as a result of various factors, including those set forth in &ldquo;Forward-Looking Statements&rdquo;
herein and in our 2022 Form 20-F.</I></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><I>&nbsp;</I></P>

<P STYLE="font: 11pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><U>Results of Operations</U></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 28.35pt">The table below presents
our summarized consolidated statement of income for the six-month periods ended June 30, 2023 and 2022. The interest rates presented are
expressed in Brazilian <I>reais</I> and include the effect of the variation of the <I>real</I> against foreign currencies. For more information
on the products and services we offer, see &ldquo;Item 4. Information on the Company&rdquo; in our 2022 Form 20-F.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 28.35pt">Please see our audited
interim consolidated financial statements for the six-month period ended June 30, 2023 and 2022 for further details about our Consolidated
Statement of Income.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Summarized Consolidated Statement of Income</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">For the six month period ended <BR>
June 30,&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">R$ million</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 9pt Itau Display Light; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; border-left: Black 0.5pt solid; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; border-top: Black 0.5pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: left; width: 55%">Operating revenues</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 11%">&nbsp;76,173&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 13%">70,011&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: Black 0.5pt solid; text-align: right; width: 9%">&nbsp;6,162&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right; width: 12%">8.8&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Net interest income(1)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;47,732&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">43,332&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;4,400&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">10.2&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Non-interest income(2)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;28,441&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">26,679&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;1,762&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">6.6&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: left">Expected loss from financial assets</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;&nbsp;(16,029)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;&nbsp;(13,235)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(2,794)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">21.1&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">Other operating income (expenses)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;&nbsp;(41,000)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;&nbsp;(37,722)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(3,278)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">8.7&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">Net income before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;19,144&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">19,054&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;90&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">0.5&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 36px; vertical-align: bottom; text-align: left">Current and deferred income and social contribution taxes</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(2,681)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;(4,492)</TD>
    <TD STYLE="vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;1,811&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(40.3)</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom">Net income</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">&nbsp;16,463&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">14,562&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: Black 0.5pt solid; text-align: right">&nbsp;1,901&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">13.1&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-bottom: Black 0.5pt solid">Net income attributable to owners of the parent company</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;15,974&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">13,966&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: right">&nbsp;2,008&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: right">14.4&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-size: 8pt; text-align: left">(1) Includes:&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-left: 12px; font-size: 8pt; text-align: left">(i) interest and similar income (R$111,549 million and R$84,127 million in the six-month periods ended June 30, 2023 and 2022, respectively); <BR>
(ii) interest and similar expenses (R$(81,576) million and R$(46,025) million in the six-month periods ended June 30, 2023 and 2022, respectively); <BR>
(iii) income of financial assets and liabilities at fair value through profit or loss (R$11,917 million and R$4,879) million in the six-month periods ended June 30, 2023 and 2022, respectively); and<BR>
(iv) foreign exchange results and exchange variations in foreign transactions (R$5,842 million and R$351 million in the six-month periods ended June 30, 2023 and 2022, respectively).</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-size: 8pt">(2) Includes commissions and banking fees, Income from insurance contracts and private pension and other income.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0"><U>Six-month period ended June 30, 2023, compared to six-month period
ended June 30, 2022.</U></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Net income attributable
to owners of the parent company</B> increased by 14.4% to R$15,974 million for the six-month period ended June 30, 2023, from R$13,966
million for the same period of 2022. This is mainly due to an 8.8%, or R$6,162 million, increase in operating revenues, and 40.3%, or
R$1,811 million, decrease in current and deferred income and social contribution taxes, offset by an 8.7%, or R$3,278 million, increase
in other operating income (expenses), and 21.1%, or R$2,794 million, increase in expected loss from financial assets. These line items
are further described below:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Net interest income
</B>increased by R$4,400 million, or 10.2%, for the six-month period ended June 30, 2023, compared to the same period of 2022, mainly
due to increases in the following line items (i) R$27,422 million in interest and similar income, mainly due to increases of R$10,803
million in income from securities purchased under agreements to resell, R$10,323 million in loan operations income, and R$3,524 million
in financial assets at fair value through other comprehensive income; (ii) R$7,038 million in income of financial assets and liabilities
at fair value through profit or loss; and (iii) R$5,491 million in foreign exchange results and exchange variations in foreign transactions.
These increases were offset by an increase of R$35,551
million in interest and similar expenses.</P>


<!-- Field: Page; Sequence: 8 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif"><B>Interest and similar income</B> increased by 32.6%
for the six-month period ended June 30, 2023, compared to the same period of 2022, due to higher income from securities purchased under
agreements to resell and the positive effect of the growth of our loan portfolio, associated with the gradual change in the composition
of credit risk assets between periods, or the Mix of Credit Products, in addition to the positive impact of the increase in the Brazilian
base interest rate, or SELIC Rate. As of June 30, 2023, the SELIC Rate was 13.75% per annum compared to 13.25% per annum as of June 30,
2022.</FONT></TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Courier New, Courier, Monospace">o</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif"><B>Interest and similar expenses</B> increased by 77.2%
for the six-month period ended June 30, 2023 compared to the same period of 2022, due to increases in the following line items: (i) R$15,510
million in expenses from deposits, especially in time deposits; and (ii) R$11,781 million in expenses from securities sold under repurchase
agreements. The increases mentioned above are a result of the increase in the volume of our operations and the slight increase in interest
rates.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 0.75in; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 0.75in; text-align: justify">Please see &ldquo;Note 21 &ndash; Interest
and similar income and expenses and income of financial assets and liabilities at fair value through profit or loss&rdquo; to our audited
interim consolidated financial statements for further details on interest and similar expenses.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt"><B>Non-interest income </B>increased
by 6.6%, or R$1,762 million for the six-month period ended June 30, 2023 compared to the same period of 2022. This increase was mainly
due to (i) a 39.6%, or R$973 million, increase in income from insurance contracts and private pension, due to higher insurance sales mainly
related to group life products, credit life and mortgage insurance products, and the increase in our financial result of the period; and
(ii) a 1.2%, or R$271 million, increase in commissions and banking fees, due to the higher transaction volume from credit and debit cards,
both in the issuance and acquiring businesses.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">The following chart shows the
main components of our banking service fees for the six-month period ended June 30, 2023, and 2022:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 28.35pt">
</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 11pt Arial, Helvetica, Sans-Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 8%">&nbsp;</TD>
  <TD STYLE="text-align: right; width: 42%">&nbsp;<IMG SRC="itubmtn2q236k_001.jpg" ALT=""></TD>
  <TD STYLE="text-align: left; width: 42%"><P STYLE="margin-top: 0; margin-bottom: 0"></P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;&nbsp;<IMG SRC="itubmtn2q236k_002.jpg" ALT="" STYLE="vertical-align: baseline; position: absolute; bottom: auto; left: auto; right: auto; top: auto; z-index: auto"></P>
                                           <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD>
  <TD STYLE="width: 8%">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 28.35pt"></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 8pt 0 12pt; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
22 &ndash; Commissions and Banking Fees&rdquo; to our audited interim consolidated financial statements for further details on banking
service fees.</P>


<!-- Field: Page; Sequence: 9 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 8pt 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Expected Loss from
Financial Assets</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">Our expected loss from
financial assets increased by R$2,794 million, or 21.1%, for the six-month period ended June 30, 2023, compared to the same period of
2022, mainly due to an increase in expected loss with loan and lease operations of R$2,570 million for the six-month period ended June
30, 2023, compared to the same period of 2022. This increase was mainly due to an increase in our credit portfolio and higher provisions
in the Retail Business in Brazil, a result of the increase in origination of unsecured consumer credit products.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
10 &mdash; Loan and Lease operations&rdquo; to our audited interim consolidated financial statements for further details on our loan and
lease operations portfolio.</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 6pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 21.3pt"><FONT STYLE="font-family: Courier New, Courier, Monospace; font-size: 10pt">o</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Non-performing loans:</B> We calculate
our 90-day non-performing loan, or NPL ratio, as the value of our 90-days non-performing loans to our loan portfolio. </FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify">As of June 30, 2023, our 90-day NPL ratio
was 3.4%, an increase of 30 basis points compared to June 30, 2022. This increase was due to the increase of 60 basis points in the 90-day
NPL ratio in respect of our individuals loan portfolio, which experienced higher delinquency rates. This was partially offset by a decrease
of 10 basis points in the NPL ratio of our companies loan portfolio. In the second quarter of 2023, we recorded sales of active portfolios
with no risk retention to unaffiliated companies. From these sales, R$185 million refer to active loans that were more than 90 days overdue,
of which R$139 million would still be an active loan portfolio at the end of the period if not sold. Additionally, we sold R$99 million
which refer to active portfolios non-overdue or with short delinquency from our Latin American operations. These sales did not have a
material impact on delinquency ratios.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify">We calculate our 15 to 90 days non-performing
loan ratio as the value of our 15 to 90 days NPL to our loan portfolio. The 15 to 90 days NPL ratio is an indicator of early delinquency.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify">As of June 30, 2023, our 15 to 90 days
NPL ratio was 2.5%, an increase of 40 basis points when compared to June 30, 2022. During this period our 15 to 90-day NPL ratio increased
by 40 basis points in the 15 to 90-day NPL ratio of our individuals loan portfolio, which is returning to its pre-pandemic levels, mainly
due to higher delinquency rates, and increased by 20 basis points in respect of our companies loan portfolio, as of June 30, 2023 compared
to June 30, 2022.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify">The chart below shows a comparison of
both NPL ratios for each quarter as of June 30, 2022, through June 30, 2023:</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 6pt 0 0 49.65pt; text-align: center"><IMG SRC="itubmtn2q236k_003.jpg" ALT=""></P>


<!-- Field: Page; Sequence: 10 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 6pt; margin-bottom: 0; text-align: center"><IMG SRC="itubmtn2q236k_004.jpg" ALT=""></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify"><B>Coverage ratio (90 days):</B> We calculate
our coverage ratio as provisions for expected losses to 90-day non-performing loans. As of June 30, 2023, our coverage ratio in accordance
with accounting practices adopted in Brazil applicable to institutions authorized to operate by the Central Bank, or BRGAAP, was 212%
compared to a ratio of 218% as of June 30, 2022. This decrease was mainly due to an increase in 90-day NPL, concentrated in the individuals
segment in Brazil and driven by the growth of our loan portfolio, especially in the Retail Business segment.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0 49.65pt; text-align: justify">The chart below shows a comparison in
the coverage ratios for each quarter as of June 30, 2022, through June 30, 2023:</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 12pt; text-align: center"><IMG SRC="itubmtn2q236k_005.jpg" ALT=""><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt; line-height: 115%"></FONT></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Other Operating Income
(Expenses)</B> increased by 8.7% to an expense of R$41,000 million for the six-month period ended June 30, 2023, from an expense of R$37,722
million for the same period of 2022. This increase was mainly due to the R$3,069 million, or 9.2%, increase in our general and administrative
expenses for the six-month period ended June 30, 2023. This increase was due to: (i) the effects of our annual collective wage agreement;
(ii) the increase in profit sharing expenses; (iii) higher expenses with data processing and telecommunications; and (iv) higher expenses
with depreciation and amortization.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
23 &ndash; General and Administrative Expenses&rdquo; to our audited interim consolidated financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Current and deferred
income and social contribution taxes </B>amounted to an expense of R$2,681 million for the six-month period ended June 30, 2023, from
an expense of R$4,492 million in the six-month period ended June 30, 2022, mainly driven by the increase in the average annualized long-term
interest rate, or TJLP, from 6.45% in the six-month period ended June 30, 2022 to 7.325% in the same period of 2023.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note 24 &ndash;
Taxes&rdquo; to our audited interim consolidated financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Basis for Presentation of Segment Information
</I></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>


<!-- Field: Page; Sequence: 11 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">We maintain segment information
based on reports used by senior management to assess the financial performance of our businesses and to make decisions regarding the allocation
of funds for investment and other purposes.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">Segment information is
not prepared in accordance with IFRS issued by the IASB but based on BRGAAP. It also includes the following adjustments: (i) the recognition
of the impact of capital allocation using a proprietary model; (ii) the use of funding and cost of capital at market prices, using certain
managerial criteria; (iii) the exclusion or inclusion of extraordinary items from our results; and (iv) managerial adjustments and reclassifications
applied to allow us to review our business analyses from the management point of view.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">Extraordinary items correspond
to relevant events (with a positive or negative accounting effect) identified in our results of operations for each relevant period. We
apply a historically consistent methodology (approved by our governance procedures) pursuant to which relevant events are either not related
to our core operations or are related to previous fiscal years. The provisions for restructuring are extraordinary items and, as such,
do not impact the results and analysis regarding our segment information below.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">For more information on
our segments, see &ldquo;Item 4. Information on the Company&rdquo; in our 2022 Form 20-F and &ldquo;Note 30 &ndash; Segment Information&rdquo;
to our audited interim consolidated financial statements.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt">The table below sets forth
the summarized results from our operating segments for the six-month period ended June 30, 2023:</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 11pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: left; width: 40%">Summarized Consolidated Statement of Income<BR>
from January 1, 2023 to June 30, 2023<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10.8pt; font-style: normal; font-weight: 700"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 10%">Retail<BR>
Business<BR>
(a)</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 8%">Wholesale Business<BR>
(b)</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 12%">Activities with the Market + Corporation<BR>
(c)&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 9%">Total<BR>
(a)+(b)+(c)&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 10%">Adjustments</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; width: 11%">IFRS consolidated<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 11pt; font-style: normal; font-weight: 700"><SUP>(2)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font: italic 10pt Itau Display Light; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Operating revenues</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;47,644&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">26,466&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">2,167&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;76,277&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;(104)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;76,173&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Cost of Credit&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;(16,462)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(2,067)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">-&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(18,529)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">2,500&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(16,029)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Claims</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">(761)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;(7)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">-&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(768)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">768&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;-&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other operating income (expenses)</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;(22,102)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(9,983)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;(779)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(32,864)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;(8,136)</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(41,000)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Income tax and social contribution</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">(2,004)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">(4,247)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(306)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(6,557)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">3,876&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(2,681)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Non-controlling interest in subsidiaries</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(19)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">(370)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;7&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(382)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(107)</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(489)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net income&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;6,296&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;9,792&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">1,089&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;17,177&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;(1,203)</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;15,974&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-size: 8pt; border-top: Black 1pt solid; text-align: left">(1) The first three columns are our business segments. Additional information about each of our business segments can be found below under the headings &quot;(a) Retail Business&quot;, &quot;(b) Wholesale Business&quot; and &quot;(c) Activities with the Market + Corporation&quot;.<BR>
The adjustments column includes the following pro forma adjustments: (i) the recognition of the impact of capital allocation using a proprietary model; (ii) the use of funding and cost of capital at market prices, using certain managerial criteria; (iii) the exclusion of non-recurring events from our results; and (iv) the reclassification of the tax effects from hedging transactions we enter into for our investments abroad.<BR>
The IFRS consolidated column is the total result of our three segments plus adjustments. <BR>
(2) The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">The following discussion should
be read in conjunction with our audited interim consolidated financial statements, especially &ldquo;Note 30 &ndash; Segment Information.&rdquo;
The adjustments column shown in this note shows the effects of the differences between the segmented results (substantially in accordance
with BRGAAP) and those calculated according to the principles adopted in our audited interim consolidated financial statements in IFRS
as issued by the IASB.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify"><U>Six-month period ended June 30, 2023, compared
to the six-month period ended June 30, 2022:</U></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 12pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 28.35pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Itau Display,sans-serif"><B>(a)</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif"><B>Retail Business</B></FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt">This segment consists
of business with retail customers, account holders and non-account holders, individuals and legal entities, high income clients (Ita&uacute;
Uniclass and Personnalit&eacute;) and the companies&rsquo; segment (microenterprises and small companies). It includes financing and credit
assignments made outside the branch network, in addition to credit cards and payroll loans.</P>


<!-- Field: Page; Sequence: 12 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">The following table sets forth
our summarized consolidated statement of income with respect to our Retail Business segment for the six-month periods ended June 30, 2023,
and 2022:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Summarized Consolidated Statement of Income - Retail Business</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">For
    the six-month period ended June 30,&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-left-color: Black; border-left-width: 0.5pt">Variation<BR></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">R$ million</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">%</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 8pt Itau Display Light; vertical-align: middle; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left; width: 43%">Operating revenues</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; width: 18%">&nbsp;&nbsp;47,644&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white; width: 16%">&nbsp;&nbsp;43,550&nbsp;</TD>
    <TD STYLE="text-align: right; width: 13%">4,094&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">&nbsp;&nbsp;9.4&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Interest margin</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;29,315&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;26,184&nbsp;</TD>
    <TD STYLE="text-align: right">3,131&nbsp;</TD>
    <TD STYLE="text-align: right">12.0&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Non-interest income <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;18,329&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;17,366&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;963&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;5.5&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Cost of credit and claims</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;(17,223)&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;(14,644)</TD>
    <TD STYLE="text-align: right">&nbsp;(2,579)</TD>
    <TD STYLE="text-align: right">17.6&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other operating income (expenses)</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;(22,102)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;(21,060)</TD>
    <TD STYLE="text-align: right">&nbsp;(1,042)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;4.9&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Income tax and social contribution</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">(2,004)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(2,416)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;412&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(17.0)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Non-controlling interest in subsidiaries</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;(19)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;(31)</TD>
    <TD STYLE="text-align: right">&nbsp;12&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(38.7)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">&nbsp;6,296&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">&nbsp;5,399&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; border-left: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;897&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">16.6&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 8pt; border-top: Black 1pt solid; text-align: left">(1) Non-interest income include: commissions and banking fees; income from insurance and private pension operations before claim and selling expenses and other revenues.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt"><B><U>Net income</U></B> from
our Retail Business segment increased by 16.6%, to R$6,296 million for the six-month period ended June 30, 2023, from R$5,399 million
for the same period of 2022. These results are explained as follows:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Operating revenues</B>: increased by R$4,094 million
for the six-month period ended June 30, 2023, compared to the same period of 2022, due to an increase of 12.0% in interest margin, as
a result of the increase in the Mix of Credit Products. Moreover, non-interest income increased by 5.5% in the six-month period ended
June 30, 2023, compared to the same period of 2022, driven by the increase in commissions and fees, as a result of the increase in acquiring
revenues, due to the higher transaction volume from credit cards and higher gains from &ldquo;flex&rdquo; products offered as part of
our merchant services (advance payment of card receivables by the acquirer), and of the increase in card-issuing activities due to higher
gains from interchange fees, driven by the increase in the transaction volume related to credit cards. Revenues from insurance also increased,
driven by the increase in earned premiums.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Cost of credit and claims</B> increased by R$2,579
million for the six-month period ended June 30, 2023, compared to the same period of 2022, due to an increase in provisions for loan losses,
driven by the increased origination in consumer credit and unsecured credit products, the portfolio growth, and the increased in volume
of renegotiations.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Other operating income (expenses)</B> increased
by R$1,042 million for the six-month period ended June 30, 2023, compared to the same period of 2022, mainly due to (i) higher personnel
expenses, as a result of our annual collective wage agreement and the higher profit sharing expenses; and (ii) higher administrative expenses,
due to the increase in expenses with data processing and telecommunications, and depreciation and amortization.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Income tax and social contribution </B>for the Retail
Business segment, as well as for the Wholesale Business segment and Activities with the Market + Corporation segment, is calculated by
adopting the full income tax rate, net of the tax effect of any payment of interest on capital. The difference between the income tax
amount determined for each business segment and the effective income tax amount, as stated in our audited interim consolidated financial statements, is recorded under the Activities with
the Market + Corporation segment. As discussed above under &ldquo;Net income attributable to owners of the parent company - Current and deferred income and social contribution taxes,&rdquo; our current and
deferred income and social contribution taxes decreased mainly as a result of a decrease in income before tax and social contribution.
</P>


<!-- Field: Page; Sequence: 13 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0.25in 0 0; text-align: justify; text-indent: 24.5pt"><B>(b) Wholesale Business</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0.25in 0 0; text-align: justify; text-indent: 24.5pt"><B></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 24.5pt">This business segment
consists of products and services offered to middle-market companies, high net worth clients (Private Banking), and the operation of Latin
American units and Ita&uacute; BBA, which is the unit responsible for business with large companies and investment banking operations.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 24.5pt">The following table sets forth
our summarized consolidated statement of income with respect to our Wholesale Business segment for the six-month periods ended June 30,
2023, and 2022:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Summarized Consolidated Statement of Income - Wholesale Business</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">For the six-month period ended<BR>
June 30,&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: Black; border-left-width: 0.5pt">Variation<BR></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2022</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center">R$ million</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">%</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 8pt Itau Display Light; vertical-align: middle; border-right: black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left; width: 48%">Operating revenues</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white; width: 14%">&nbsp;26,466&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white; width: 18%">&nbsp;23,072&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">&nbsp;&nbsp;3,394&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">&nbsp;14.7&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Interest margin</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;19,418&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;15,756&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;3,662&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;23.2&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Non-interest income <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;7,048&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">7,316&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;(268)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3.7)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Cost of credit and claims</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;(2,074)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;(584)</TD>
    <TD STYLE="text-align: right">&nbsp;(1,489)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;254.8&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other operating income (expenses)</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;(9,983)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;(9,192)</TD>
    <TD STYLE="text-align: right">&nbsp;(791)</TD>
    <TD STYLE="text-align: right">8.6&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Income tax and social contribution</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;(4,247)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(4,398)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;152&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(3.5)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Non-controlling interest in subsidiaries</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;(370)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;(502)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;133&nbsp;</TD>
    <TD STYLE="text-align: right">(26.5)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">&nbsp;&nbsp;9,792&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: Black 0.5pt solid; border-bottom: Black 1pt solid; text-align: right">8,396&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">&nbsp;&nbsp;1,396&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right">&nbsp;16.6&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 8pt; border-top: Black 1pt solid; text-align: left">(1) Non-interest income include: commissions and banking fees; income from insurance and private pension operations before claim and selling expenses and other revenues.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 28.35pt"><B><U>Net income</U></B>
from the Wholesale Business segment increased by 16.6%, to R$9,792 million for the six-month period ended June 30, 2023 from R$8,396 million
for the same period of 2022. These results are explained as follows:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Operating revenues</B>: increased by R$3,394 million,
or 14.7%, for the six-month period ended June 30, 2023 compared to the same period of 2022, due to an increase of 23.2% in the interest
margin, driven by the higher margin of liabilities recorded during the period and the higher result from structured operations. The 3.7%
decrease in non-interest income was driven by lower volumes of economic advisory and brokerage services. As of June 30, 2023, we participated
in 89 local operations, which included debentures and promissory notes issuance, as well as securitization transactions, totaling R$22.1
billion, ranking first in volume and in number of operations pursuant to a ranking published by the Brazilian Financial and Capital Markets
Association (<I>Associa&ccedil;&atilde;o Brasileira das Entidades dos Mercados Financeiro e de Capitais</I>, or ANBIMA). In the equity
markets, we ranked first in number of operations, participating in seventeen operations (including Block Trades), and second in volume
with R$4.7 billion, both in Dealogic&acute;s ranking, as of June 30, 2023. We also provided financial advisory services for fifteen M&amp;A
transactions in Brazil, totaling R$14.8 billion. As of June 30, 2023, we were ranked second place in number of M&amp;A deals and fourth
place in volume in Dealogic&rsquo;s ranking.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Cost of credit and claims </B>increased by R$1,489
million for the six-month period ended June 30, 2023 compared to the same period of 2022, due to the normalization
in the provision for loan losses in the Wholesale Business segment in Brazil.</P>


<!-- Field: Page; Sequence: 14 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Other operating income (expenses)</B> decreased
by R$791 million for the six-month period ended June 30, 2023, compared to the same period of 2022, mainly due to the higher personnel
expenses as a result of the effects of the annual collective wage agreement, and the increase in administrative expenses due to higher
expenses with data processing and telecommunications, and depreciation and amortization.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify"><B>Income tax and social contribution</B> for
this business segment, as well as for the Retail Business and Activities with the Market + Corporation segments, is calculated by adopting
the full income tax rate, net of the tax effect of any payment of interest on capital. The difference between the income tax amount determined
for each segment and the effective income tax amount, as stated in our audited interim consolidated financial statements, is recorded
under the Activities with the Market + Corporation segment. As discussed above, our current and deferred income and social contribution
taxes increased mainly due to an increase in income before tax and social contribution.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0.25in 0 0; text-align: justify; text-indent: 24.5pt"><B>(c) Activities
with the Market + Corporation</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0.25in 0 0; text-align: justify; text-indent: 24.5pt"><B></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 24.5pt">This segment consists
of results from capital surplus, subordinated debt surplus and the net balance of tax credits and debits. It also includes the financial
margin on market trading, treasury operating costs, and equity in earnings of companies not included in either of the other segments.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 24.5pt">The following table sets forth
our summarized consolidated statement of income with respect to our Activities with the Market + Corporation segment for the six-month
periods ended June 30, 2023, and 2022:</P>

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Summarized Consolidated Statement of Income - Activities with the Market + Corporation</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">For
    the six-month period ended June 30,&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: center; border-left-color: Black; border-left-width: 0.5pt">Variation<BR></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">R$ million</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 8pt Itau Display Light; border-top: Black 0.5pt solid; border-right: black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-size: 8pt; font-style: italic; border-left: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; font-style: italic">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left; width: 47%">Operating revenues</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white; width: 17%">&nbsp;&nbsp;2,167&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white; width: 16%">1,662&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">505&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">&nbsp;&nbsp;30.4&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Interest margin</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;1,957&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">1,745&nbsp;</TD>
    <TD STYLE="text-align: right">213&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;12.2&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px; text-align: left">Non-interest income <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;210&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;(83)</TD>
    <TD STYLE="text-align: right">294&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(353.1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other operating income (expenses)</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">(779)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;(103)</TD>
    <TD STYLE="text-align: right">&nbsp;(676)</TD>
    <TD STYLE="text-align: right">655.6&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Income tax and social contribution</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right; background-color: white">(306)</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;(175)</TD>
    <TD STYLE="text-align: right">&nbsp;(131)</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;74.8&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Non-controlling interest in subsidiaries</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;7&nbsp;</TD>
    <TD STYLE="border-right: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;(140)</TD>
    <TD STYLE="text-align: right">147&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;&nbsp;(105.1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;&nbsp;1,089&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; border-left: white 1.5pt solid; text-align: right; background-color: white">1,244&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-bottom: Black 1pt solid; border-left: Black 0.5pt solid; text-align: right">&nbsp;(155)</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 1pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">(12.5)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 8pt; border-top: Black 1pt solid; text-align: left">(1) Non-interest income include: commissions and banking fees; income from insurance and private pension operations before claim and selling expenses and other revenues.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 21.3pt"><B><U>Net income</U></B>
from the Activities with the Market + Corporation segment decreased by R$155 million, or 12.5%, for the six-month period ended June 30,
2023, compared to the same period of 2022. We recorded an increase of R$676 million in other operating income (expenses), due to the tax
benefit received in the six-month period ended June 30, 2022. This effect offsets the increase of R$505 million in operating revenues.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify"><B>Income tax and social contribution</B> for
this segment, as well as for the Retail Business and Wholesale Business segments, is calculated by adopting the full income tax rate,
net of the tax effect of any payment of interest on capital. The difference between the income tax amount determined for each segment
and the effective income tax amount, as stated in our audited interim consolidated financial statements, is recorded under the Activities
with the Market + Corporation segment. As discussed above,
our current and deferred income and social contribution taxes decreased mainly due to a decrease in income before tax and social contribution.</P>


<!-- Field: Page; Sequence: 15 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 12pt 0 0; text-align: justify"></P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Balance Sheet </I></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">The table below sets forth
our summarized balance sheet as of June 30, 2023 and December 31, 2022. Please see our audited interim consolidated financial statements
for further details about our Consolidated Balance Sheet.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 24.5pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" ROWSPAN="3" STYLE="font-size: 11pt; font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Summarized Balance Sheet - Assets</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: gray 0.5pt solid; text-align: center">As of&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: gray; border-left-width: 0.5pt">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-left: gray 0.5pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">June 30, 2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">December 31, 2022</TD>
    <TD STYLE="font-weight: bold; border-left: gray 0.5pt solid; text-align: center">R$ million</TD>
    <TD STYLE="font-weight: bold; text-align: center">%</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 9pt Itau Display Light; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; vertical-align: bottom; border-top: Black 0.5pt solid; border-left: gray 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; vertical-align: bottom; border-top: Black 0.5pt solid">&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom">Cash</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">30,636&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">35,381&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">(4,745)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(13.4)</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom">Financial assets at amortized cost&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;1,606,250&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;1,578,789&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">27,461&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1.7&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; width: 54%">Compulsory deposits in the Central Bank of Brazil</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; width: 13%">&nbsp;136,749&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; width: 13%">&nbsp;115,748&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right; width: 9%">21,001&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right; width: 9%">18.1&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: left">Interbank deposits, securities purchased under agreements to resell and securities at amortized cost</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;506,296&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;494,397&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">11,899&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.4&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">Loan and lease operations portfolio</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;901,185&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;909,422&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">(8,237)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(0.9)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">Other financial assets</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;113,957&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right; background-color: white">&nbsp;109,909&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;4,048&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3.7&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">(-) Provision for Expected Loss&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(51,937)</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;(50,687)</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">(1,250)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2.5&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom">Financial assets at fair value through other comprehensive income</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;134,347&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;126,748&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;7,599&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">6.0&nbsp;</TD></TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;541,074&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: white 1.5pt solid; text-align: right">&nbsp;464,682&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">76,392&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">16.4&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="text-align: left">Insurance contracts, Investments in associates and join ventures, Fixed assets, Goodwill and Intangible assets and other assets</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">59,544&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">55,821&nbsp;</TD>
    <TD STYLE="border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;3,723&nbsp;</TD>
    <TD STYLE="text-align: right">6.7&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3">Tax assets</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">62,357&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">59,645&nbsp;</TD>
    <TD STYLE="border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;2,712&nbsp;</TD>
    <TD STYLE="text-align: right">4.5&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="border-top: black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid">Total assets</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;2,434,208&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;2,321,066&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: gray 0.5pt solid; text-align: right">&nbsp;113,142&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">4.9</TD></TR>
  </TABLE>


<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify"><U>June 30, 2023, compared to December 31,
2022.</U></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0; text-align: justify; text-indent: 28.35pt"><B><U>Total assets</U></B>
increased by R$113,142 million, as of June 30, 2023, compared to December 31, 2022, mainly due to an increase in financial assets at fair
value through profit or loss and in financial assets at amortized cost. This result is further described below:&#9;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Financial assets at
amortized cost</B> increased by R$27,461 million, or 1.7%, as of June 30, 2023, compared to December 31, 2022, mainly due to an increase
in compulsory deposits in the Central Bank of Brazil, interbank deposits, securities purchased under agreements to resell and securities
at amortized cost, and other financial assets.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt"><B>Interbank deposits,
securities purchased under agreements to resell, securities at amortized cost </B>increased by R$11,899 million, or 2.4%, as of June 30,
2023 compared to December 31, 2022, mainly due to an increase of R$22,985 million in securities, mainly in corporate securities, especially
in rural product notes <I>(C&eacute;dula do Produtor Rural)</I> and debentures, partially offset by decreases of: (i) R$8,237 in loan
and lease operations, mainly in foreign loans due to the exchange variation; and (ii) R$4,820 in securities purchased under agreements
to resell.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 4.5pt 0 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
4 - Interbank Deposits and Securities Purchased Under Agreements to Resell&rdquo;, &ldquo;Note 9 - Financial assets at amortized cost
&ndash; Securities&rdquo;, and &ldquo;Note 10 &ndash; Loan and lease operations&rdquo; to our audited interim consolidated financial statements
for further details.&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 12pt; text-align: justify; text-indent: 28.35pt"><B>Loan and lease operations
portfolio</B> decreased by R$8,237 million, or 0.9%, as of June 30, 2023, compared to December 31, 2022, mainly due to the decreases of
R$6,467 million in foreign loans &ndash; Latin America, due to the impact of exchange variation; and R$5,251 million in our corporate
portfolio. The increase of R$6,845 million in our individuals loan portfolio, was due to increases of R$5,657 million in mortgage loans;
and R$5,236 million in personal loans; which were partially offset by the seasonal decrease of R$6,452 million in credit cards as holders
tend to use their cards less in the first quarter.</P>


<!-- Field: Page; Sequence: 16 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan and Lease Operations, by asset type</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: gray 0.5pt solid; text-align: center">As of&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: gray; border-left-width: 0.5pt">Variation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-left: gray 0.5pt solid; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">June 30, 2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">December 31, 2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: gray 0.5pt solid; text-align: center">R$ million</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font: italic 8pt Itau Display Light; border-top: Black 0.5pt solid; text-align: center">(In millions&nbsp;&nbsp;of R$)</TD>
    <TD STYLE="font-style: italic; border-left: gray 0.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-style: italic; border-top: Black 0.5pt solid; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid; width: 42%">Individuals</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 17%">&nbsp;&nbsp;406,948</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 17%">&nbsp;&nbsp;400,103</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right; width: 12%">&nbsp;6,845</TD>
    <TD STYLE="vertical-align: bottom; text-align: right; width: 12%">&nbsp;1.7</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-right: white 1.5pt solid; text-align: left">Credit card</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;129,403</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;135,855</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;(6,452)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(4.7)</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-right: white 1.5pt solid; text-align: left">Personal loan</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;59,181</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;53,945</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;5,236</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;9.7</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-right: white 1.5pt solid; text-align: left">Payroll loans</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;75,203</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;73,633</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;1,570</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;2.1</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-right: white 1.5pt solid; text-align: left">Vehicles</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;32,440</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;31,606</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">834</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;2.6</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: bottom; border-right: white 1.5pt solid; text-align: left">Mortgage loans</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;110,721</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;105,064</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;5,657</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;5.4</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Corporate</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;134,017</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;139,268</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;(5,251)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(3.8)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Micro/Small and Medium Businesses</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;161,532</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;164,896</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;(3,364)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(2.0)</TD></TR>
  <TR>
    <TD STYLE="vertical-align: bottom; border-right: white 1.5pt solid">Foreign Loans Latin America</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;198,688</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">&nbsp;&nbsp;205,155</TD>
    <TD STYLE="vertical-align: middle; border-left: gray 0.5pt solid; text-align: right">&nbsp;&nbsp;(6,467)</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">(3.2)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid">Total Loan operations and lease operations portfolio</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;901,185</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: gray 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;909,422</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">&nbsp;&nbsp;(8,237)</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">(0.9)</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0pt 0 12pt; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
10 &ndash; Loan and Lease Operations&rdquo; to our audited interim consolidated financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">The table below sets forth
our summarized balance sheet &ndash; liabilities and stockholders&rsquo; equity as of June 30, 2023 and December 31, 2022. Please see
our audited interim consolidated financial statements for further details about our Consolidated Balance Sheet.</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD COLSPAN="3" ROWSPAN="3" STYLE="border-top: Black 1pt solid; border-bottom: black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif"><B>Summarized Balance Sheet - Liabilities and Stockholders' Equity</B></FONT></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="white-space: nowrap; border-top: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>As of </B></FONT></TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="white-space: nowrap; border-top: Black 1pt solid; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Variation</B></FONT></TD>
    </TR>
  <TR>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>June 30, 2023</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>December 31, 2022</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>R$ million</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>%</B></FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt; text-align: center"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 9pt"><I>(In millions of R$)</I></FONT></TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Financial Liabilities</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,912,522 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,836,690 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75,832 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.1 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">At Amortized Cost </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,840,419 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1,755,498 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;84,921 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.8 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 1%; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 44%; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Deposits</FONT></TD>
    <TD STYLE="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;923,281 </FONT></TD>
    <TD STYLE="width: 17%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;871,438 </FONT></TD>
    <TD STYLE="white-space: nowrap; width: 10%; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;51,843 </FONT></TD>
    <TD STYLE="width: 9%; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.9 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Securities sold under repurchase agreements</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;319,099 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;293,440 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25,659 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.7 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Interbank market funds, Institutional market funds and other financial liabilities</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;598,039 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590,620 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,419 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.3 </FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">At Fair Value Through Profit or Loss</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;68,231 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;77,508 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(9,277)</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(12.0)</FONT></TD>
    </TR>
  <TR>
    <TD STYLE="white-space: nowrap; vertical-align: bottom; padding-right: 5.4pt; padding-left: 5.4pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Provision for Expected Loss </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,872 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3,684 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5.1 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Insurance contracts and private pension </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;249,769 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;233,126 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;16,643 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.1 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Provisions</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20,140 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;19,475 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3.4 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Tax liabilities</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,360 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6,773 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;587 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8.7 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Other liabilities</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55,476 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;47,895 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7,581 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15.8 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Total liabilities</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,245,267 </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,143,959 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;101,308 </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.7 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Total stockholders&rsquo; equity attributed to the owners of the parent company</B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;178,853 </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;167,717 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11,136 </B></FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.6 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">Non-controlling interests</FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10,088 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9,390 </FONT></TD>
    <TD STYLE="white-space: nowrap; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;698 </FONT></TD>
    <TD STYLE="padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;7.4 </FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: justify"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Total stockholders&rsquo; equity</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;188,941 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;177,107 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;11,834 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6.7 </B></FONT></TD>
    </TR>
  <TR>
    <TD COLSPAN="3" STYLE="white-space: nowrap; vertical-align: bottom; border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>Total liabilities and stockholders' equity</B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,434,208 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2,321,066 </B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: Black 1pt solid; border-left: #A6A6A6 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;113,142 </B></FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.4pt; padding-left: 5.4pt; text-align: right"><FONT STYLE="font-family: Itau Display,sans-serif; font-size: 10pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4.9 </B></FONT></TD>
    </TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 28.35pt"><B><U>Total liabilities
and stockholders&rsquo; equity</U></B> increased by R$113,142 million, as of June 30, 2023, compared to December 31, 2022, mainly due
to an increase in financial liabilities at amortized cost. These results are detailed as follows:</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt"><B>Deposits </B>increased
by R$51,843 million, or 5.9%, as of June 30, 2023, compared to December 31, 2022, mainly due to an increase of R$56,008 million in time
deposits, due to the commercial strategy to focus on this product in the Retail Business segment and higher demand
for fixed income products.</P>


<!-- Field: Page; Sequence: 17 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt/115% Arial, Helvetica, Sans-Serif; margin: 6pt 0 0; text-align: justify"></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
15 &ndash; Deposits&rdquo; to our audited interim consolidated financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt"><B>Securities sold under
repurchase agreements </B>increased by R$25,659 million, or 8.7%, as of June 30, 2023 compared to December 31, 2022, mainly due to an
increase of R$49,063 million in government securities, partially offset by a decrease of R$22,622 million in assets received as collateral.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
17 &ndash; Securities Sold Under Repurchase Agreements and Interbank and Institutional Market Funds&rdquo; to our audited interim consolidated
financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt"><B>Interbank market funds,
institutional market funds and other financial liabilities </B>increased by R$7,419 million, or 1.3%, as of June 30, 2023 compared to
December 31, 2022, mainly due to an increase of R$23,795 million in interbank market funds, offset by decreases of R$10,693 million in
institutional market funds and R$5,683 million in other financial liabilities.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt">Please see &ldquo;Note
17 &ndash; Securities Sold Under Repurchase Agreements and Interbank and Institutional Market Funds&rdquo; and &ldquo;Note 18 &ndash;
Other assets and liabilities&rdquo; to our audited interim consolidated financial statements for further details.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 6pt 0 0; text-align: justify; text-indent: 28.35pt"><B>Insurance contracts
and private pension </B>increased by R$16,643 million, or 7.1%, as of June 30, 2023 compared to December 31, 2022, mainly due to the update
of standard private pension contracts known as PGBL and VGBL.</P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Capital Management</B></P>

<P STYLE="font: 11pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Capital Adequacy</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">Through our Internal Capital
Adequacy Assessment Process, or ICAAP, we assess the adequacy of our capital to face the risks to which we are subject. For ICAAP, capital
is composed of regulatory capital for credit, market and operational risks, and by the necessary capital to cover other risks.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">In order to ensure our capital
soundness and availability to support business growth, we maintain capital levels above the minimum requirements, according to the Common
Equity Tier I, Additional Tier I Capital, and Tier II minimum ratios.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">Our Total Capital, Tier I Capital
and Common Equity Tier I Capital ratios are calculated on a consolidated basis, applied to institutions included in our Prudential Conglomerate
which comprises not only financial institutions but also consortium administrators (<I>administradoras de cons&oacute;rcio</I>), payment
institutions, factoring companies or companies that directly or indirectly assume credit risk, and investment funds in which our Ita&uacute;
Unibanco Group retains substantially all risks and rewards.</P>


<!-- Field: Page; Sequence: 18 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center; width: 67%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 15%">As of June 30,</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 18%">As of December 31,</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">2023</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; font-weight: bold; text-align: center">2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-style: italic; border-top: Black 0.5pt solid; text-align: center">(In R$ million, except percentages)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Available capital (amounts)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Common Equity Tier I (CET I)</TD>
    <TD STYLE="text-align: center">155,372</TD>
    <TD STYLE="text-align: center">147,781</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tier I</TD>
    <TD STYLE="text-align: center">173,670</TD>
    <TD STYLE="text-align: center">166,868</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Total capital</TD>
    <TD STYLE="text-align: center">192,828</TD>
    <TD STYLE="text-align: center">185,415</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Risk-weighted assets (amounts)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Total risk-weighted assets (RWA)</TD>
    <TD STYLE="text-align: center">1,274,840</TD>
    <TD STYLE="text-align: center">1,238,582</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Risk-based capital ratios as a percentage of RWA</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Common Equity Tier I ratio (%)</TD>
    <TD STYLE="text-align: center">12.20%</TD>
    <TD STYLE="text-align: center">11.90%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tier I ratio (%)</TD>
    <TD STYLE="text-align: center">13.60%</TD>
    <TD STYLE="text-align: center">13.50%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Total capital ratio (%)</TD>
    <TD STYLE="text-align: center">15.10%</TD>
    <TD STYLE="text-align: center">15.00%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Additional CET I buffer requirements as a percentage of RWA</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: top; text-align: left">Capital conservation buffer requirement (%)&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: center">2.50%</TD>
    <TD STYLE="vertical-align: middle; text-align: center">2.50%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Countercyclical buffer requirement (%) <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: center">0.00%</TD>
    <TD STYLE="text-align: center">0.00%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Bank G-SIB and/or D-SIB additional requirements (%)</TD>
    <TD STYLE="text-align: center">1.00%</TD>
    <TD STYLE="text-align: center">1.00%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: Black 0.5pt solid; text-align: left">Total of bank CET I specific buffer requirements (%)</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center">3.50%</TD>
    <TD STYLE="border-bottom: Black 0.5pt solid; text-align: center">3.50%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) The countercyclical capital buffer is fixed by the Financial Stability Committee and currently is set to zero.<BR></TD></TR>
  </TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">As of June 30, 2023, our Total Capital
reached R$192,828 million, an increase of R$7,413 million compared to December 31, 2022. Our Basel Ratio (calculated as the ratio between
our Total Capital and the total amount of Risk Weighted Assets, or RWA) reached 15.1%, an increase of 10 basis points due to the result
of the period and prudential and equity adjustments, partially offset by the increase of Risk-Weighted Assets.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, the Fixed Asset Ratio
(<I>&Iacute;ndice de Imobiliza&ccedil;&atilde;o</I>) indicates the level of total capital committed to adjusted permanent assets. Ita&uacute;
Unibanco Holding is within the maximum limit of 50% of total adjusted capital, as established by the Central Bank. On June 30, 2023, our
Fixed Asset Ratio reached 20%, which represents a buffer of R$57,779 million.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Three-month period ended,</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: left; width: 46%">Liquidity Coverage Ratio</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; width: 27%">June 30, 2023</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; width: 27%">December 31,2022</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Total Weighted Value (average)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; font-style: italic; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle; text-align: left">Total High Liquidity Assets (HQLA)<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>1</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">355,222</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">325,269</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Cash Outflows<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>2</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">368,049</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">361,902</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Cash Inflows<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>3</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">170,357</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">164,104</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Total Net Cash Outflows</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">197,692</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">197,798</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">LCR%</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">179.7%</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">164.4%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) High Quality Liquidity Assets correspond to inventories, in some cases weighted by a discount factor, of assets that remain liquid in the market even in periods of stress, that can easily be converted into cash and that are classified as low risk.</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: left">(2) Outflows &mdash; total potential cash outflows for a 30-day horizon, calculated for a standard stress scenario as defined by BACEN Circular 3,749.</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: left">(3) Inflows &mdash; total potential cash inflows for a 30-day horizon, calculated for a standard stress scenario as defined by BACEN Circular 3,749.</TD></TR>
  </TABLE>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Our Tier I ratio reached 13.6%, as
of June 30, 2023, an increase of 10 basis points compared to March 31, 2023, due to the result of the period, partially offset by the
increase in Risk-Weighted Assets. Considering the regulatory changes, the Tier I Capital ratio Pro Forma would have reached 14.7%.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 0.75in">Please see &ldquo;Note 32 &ndash; Risk
and Capital Management&rdquo; of our audited interim consolidated financial statements for further details about regulatory capital.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify">Liquidity Ratios</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">The Basel III Framework introduced
global liquidity standards, providing for minimum liquidity requirements and aims to ensure that banks can rely on their own sources of
liquidity, leaving central banks as a lender of last resort. Basel III provides for two liquidity ratios to ensure that financial institutions
have sufficient liquidity to meet their short-term and long-term obligations: (i) the liquidity coverage ratio, or LCR, and (ii) the net
stable funding ratio, or NSFR.</P>


<!-- Field: Page; Sequence: 19 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">We believe that the LCR and
NSFR provide more relevant information than an analysis of summarized cash flows.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">We present below a discussion
of our LCR for the average of the three-month period ended on June 30, 2023, and NSFR as of June 30, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B>Liquidity Coverage Ratio</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The LCR measures the short-term resistance
of a bank&rsquo;s liquidity risk profile. It is the ratio of the stock of high-quality liquid assets to expected net cash outflows over
the next 30 days, assuming a scenario of idiosyncratic or systemic liquidity stress.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We calculate our LCR according to
the methodology established in Central Bank Circular No. 3,749/2015. We measure our total high liquidity assets for the end of each period
to cash outflows and inflows as the daily average value for each period. Pursuant to Central Bank regulations, effective as of January
1, 2019, the minimum LCR is 100%.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center">Three-month period ended,</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: left; width: 46%">Liquidity Coverage Ratio</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; width: 27%">June 30, 2023</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; width: 27%">December 31,2022</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center">Total Weighted Value (average)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; font-style: italic; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle; text-align: left">Total High Liquidity Assets (HQLA)<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>1</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">355,222</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">325,269</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Cash Outflows<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>2</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">368,049</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">361,902</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Cash Inflows<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>3</SUP></FONT></TD>
    <TD STYLE="vertical-align: bottom; text-align: right">170,357</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">164,104</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="vertical-align: middle">Total Net Cash Outflows</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">197,692</TD>
    <TD STYLE="vertical-align: bottom; text-align: right">197,798</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">LCR%</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">179.7%</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">164.4%</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) High Quality Liquidity Assets correspond to inventories, in some cases weighted by a discount factor, of assets that remain liquid in the market even in periods of stress, that can easily be converted into cash and that are classified as low risk.</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: left">(2) Outflows &mdash; total potential cash outflows for a 30-day horizon, calculated for a standard stress scenario as defined by BACEN Circular 3,749.</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: left">(3) Inflows &mdash; total potential cash inflows for a 30-day horizon, calculated for a standard stress scenario as defined by BACEN Circular 3,749.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">Our average LCR as of June 30,
2023 was 179.7% and, accordingly, above Central Bank requirements.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt"><B><I>Net Stable Funding Ratio</I></B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 28.35pt"><I>&nbsp;</I></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The NSFR measures long-term liquidity
risk. It is the ratio of available stable funding to required stable funding over a one-year time period, assuming a stressed scenario.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We calculate our NSFR according to
the methodology established in Central Bank Circular No. 3,869/2017. The NSFR corresponds to the ratio of our available stable funds for
the end of each period (<I>recursos est&aacute;veis dispon&iacute;veis</I>, or ASF) to our required stable funds for the end of each period
(<I>recursos est&aacute;veis requeridos</I>, or RSF).</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-indent: 35.45pt">Pursuant to Central Bank regulations, effective as of October
1, 2018, the minimum NSFR is 100%.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-indent: 35.45pt">&nbsp;</P>


<!-- Field: Page; Sequence: 20 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR>
    <TD STYLE="vertical-align: bottom; width: 48%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 26%">As of June 30,</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: Black 0.5pt solid; text-align: center; width: 26%">As of December 31,</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Net Stable Funding Ratio</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2023</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">Total Ajusted Value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-style: italic; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Total Available Stable Funding (ASF)&sup1;</TD>
    <TD STYLE="text-align: right">1,216,666</TD>
    <TD STYLE="text-align: right">1,151,750</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Total Required Stable Funding (RSF)&sup2;</TD>
    <TD STYLE="text-align: right">951,168</TD>
    <TD STYLE="text-align: right">922,395</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid">NSFR (%)</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">127.9%</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right">124.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: left">(1) ASF &ndash; Available Stable Funding &ndash; refers to liabilities and equity weighted by a discount factor according to their stability, pursuant to Central Bank Circular 3,869/2017.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: left">(2) RSF &ndash; Required Stable Funding &ndash; refers to assets and off-balance exposures weighted by a discount factor to their necessity, pursuant to Central Bank Circular 3,869/2017.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: center; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">As of June 30, 2023, our ASF
totaled R$1,216.7 billion, mainly due to capital and Retail Business and Wholesale Business funding, and our RSF totaled R$951.2 billion,
particularly due to loans and financings with Wholesale Business and Retail Business customers, central governments and transactions with
central banks.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">As of June 30, 2023, our NSFR
was 127.9% and, accordingly, above Central Bank requirements.</P>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify">Liquidity and Capital Resources</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We define our consolidated group
operational liquidity reserve as the total amount of assets that can be rapidly turned into cash, based on local market practices and
legal restrictions. The operational liquidity reserve generally includes: (i) cash and deposits on demand, (ii) funded positions of securities
purchased under agreements to resell and (iii) unencumbered government securities.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The following table presents
our operational liquidity reserve as of June 30, 2023 and 2022:</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Operational Liquidity Reserve</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: center; border-left-color: white; border-left-width: 1.5pt">As of June 30,</TD>
    <TD ROWSPAN="2" STYLE="font-size: 9pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; border-left: white 1.5pt solid; text-align: center">2023 Average Balance<FONT STYLE="font-family: Itau Display, sans-serif; font-size: 9pt; font-style: normal; font-weight: 700"><SUP>(1)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">2022</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-style: italic; vertical-align: bottom; border-top: Black 0.5pt solid; text-align: center">(In millions of R$)</TD>
    <TD STYLE="font-style: italic; vertical-align: bottom; border-right: white 1.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify; width: 62%">Cash</TD>
    <TD STYLE="text-align: right; width: 13%">30,636</TD>
    <TD STYLE="text-align: right; width: 13%">33,839</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right; width: 12%">33,653</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Securities purchased under agreements to resell &ndash; Funded position <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">58,798</TD>
    <TD STYLE="text-align: right">57,892</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: right">55,148</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Unencumbered government securities <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">199,180</TD>
    <TD STYLE="text-align: right">157,054</TD>
    <TD STYLE="text-align: right">182,816</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: justify">Operational reserve</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">288,614</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">248,785</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right">271,617</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 8pt; border-top-color: Black; border-top-width: 0.5pt">(1) Average calculated based on audited interim financial statements.</TD>
    <TD STYLE="font-size: 8pt; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD>
    <TD STYLE="font-size: 8pt; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">(2) Net of R$ 7.915 (R$ 4.768 at 06/30/2022), which securities are restricted to guarantee transactions at B3 S.A.&mdash;Brasil, Bolsa Balc&atilde;o (B3) and the Central Bank.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-size: 8pt; text-align: left">(3) Present values are included as a result of the change in the reporting of future flows of assets that are now reported as future value as of September 2016.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">Our main sources of funding
are interest-bearing deposits, deposits received under repurchase agreements, on lending from government financial institutions, lines
of credit with foreign banks and the issuance of securities abroad.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">Please see &ldquo;Note
15 &ndash; Deposits&rdquo; to our audited interim consolidated financial statements for further details about funding.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>Capital Expenditures</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In accordance with our practice in
the last few years, our capital expenditures in the six-month period ended June 30, 2023, were funded with internal resources. We cannot
provide assurance that we will make capital expenditures in the future and, if made, that the amounts
will correspond to the current estimates. The table below presents our capital expenditures for the six-month period ended June 30, 2023,
and for the year ended December 31, 2022:</P>


<!-- Field: Page; Sequence: 21 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; font-size: 11pt; font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; width: 60%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left-color: white; border-left-width: 1.5pt; width: 22%">Six-month period ended</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: center; width: 18%">For the year ended</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; text-align: left">Capital Expenditures</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">June 30, 2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">December 31, 2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-size: 9pt; font-style: italic; border-top: Black 0.5pt solid; text-align: center">(In millions of R$, except percentages)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Fixed Assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">973</TD>
    <TD STYLE="font-weight: bold; text-align: center">2,727</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Fixed assets under construction</TD>
    <TD STYLE="text-align: center">457</TD>
    <TD STYLE="text-align: center">905</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Land and buildings</TD>
    <TD STYLE="text-align: center">0</TD>
    <TD STYLE="text-align: center">8</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Improvements</TD>
    <TD STYLE="text-align: center">39</TD>
    <TD STYLE="text-align: center">56</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Installations, furniture and data processing equipment</TD>
    <TD STYLE="text-align: center">454</TD>
    <TD STYLE="text-align: center">1,710</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other</TD>
    <TD STYLE="text-align: center">23</TD>
    <TD STYLE="text-align: center">48</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Intangible Assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">2,999</TD>
    <TD STYLE="font-weight: bold; text-align: center">5,768</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Goodwill</TD>
    <TD STYLE="text-align: center">603</TD>
    <TD STYLE="font-size: 11pt; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: center">0</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Software acquired or internally developed</TD>
    <TD STYLE="text-align: center">2,124</TD>
    <TD STYLE="text-align: center">4,727</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other intangibles</TD>
    <TD STYLE="text-align: center">272</TD>
    <TD STYLE="text-align: center">1,041</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">3,972</TD>
    <TD STYLE="border-top: Black 0.5pt solid; font-weight: bold; border-bottom: Black 0.5pt solid; text-align: center">8,495</TD></TR>
  </TABLE>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">Please see &ldquo;Note
13 &ndash; Fixed Assets&rdquo; and &ldquo;Note 14 &ndash; Goodwill and Intangible Assets&rdquo; to our audited interim consolidated financial
statements for details about our capital expenditures.</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 28.35pt"><B>Capitalization</B></P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">The table below presents
our capitalization as of June 30, 2023. The information described is derived from our audited interim consolidated financial statements
as of and for the six-month period ended June 30, 2023. As of the date of this Form 6-K, there has been no material change in our capitalization
since June 30, 2023.</P>


<!-- Field: Page; Sequence: 22 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Itau Display">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: black 0.5pt solid; border-left: white 1.5pt solid; text-align: left">Capitalization</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: center">For the six-month period ended June 30, 2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: center; border-top-color: Black; border-top-width: 0.5pt">&nbsp;R$</TD>
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; text-align: center">US$ <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700"><SUP>(1)</SUP></FONT></TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-left: white 1.5pt solid; text-align: left">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-size: 8pt; font-style: italic; vertical-align: bottom; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: center">(In millions, except percentages)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid; width: 68%">Current liabilities</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white; width: 16%">&nbsp;</TD>
    <TD STYLE="border-right: white 1.5pt solid; text-align: right; width: 16%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Deposits</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;430,808</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">89,398</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Securities sold under repurchase agreements</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;268,430</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">55,702</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Structured notes</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;-</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Derivatives</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">34,728</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;7,206</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Interbank market funds</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;155,437</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">32,255</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Institutional market funds</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;9,829</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;2,040</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Other financial liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;157,367</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">32,656</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">lnsurance contracts and private pension&nbsp;</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;462</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;96</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Provisions</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;6,531</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;1,355</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Tax liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;2,826</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;586</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Other Non-financial liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">50,843</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">10,550</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;1,117,261</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;231,845</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid">Long-term liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Deposits</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;492,473</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;102,194</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Securities sold under repurchase agreements</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">50,669</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">10,514</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Structured notes</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;86</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;18</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Derivatives</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">32,598</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;6,764</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Interbank market funds</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;162,945</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">33,813</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Institutional market funds</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;108,860</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">22,590</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Other financial liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;4,420</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;917</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">lnsurance contracts and private pension&nbsp;</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;249,307</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">51,734</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Provision for Expected Loss</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;3,872</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;803</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Provisions</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">13,609</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;2,824</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Tax liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;4,040</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;838</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-right: white 1.5pt solid; border-left: white 1.5pt solid; text-align: left">Other Non-financial liabilities</TD>
    <TD STYLE="text-align: right; border-left-color: white; border-left-width: 1.5pt; background-color: white">&nbsp;&nbsp;4,634</TD>
    <TD STYLE="border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;962</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">&nbsp;&nbsp;1,127,512</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">&nbsp;233,972</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid">Income tax and social contribution - deferred</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-left-color: white; border-left-width: 1.5pt">494</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;103</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid">Non-controlling interests</TD>
    <TD STYLE="font-weight: bold; text-align: right; border-left-color: white; border-left-width: 1.5pt">10,088</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: right">&nbsp;&nbsp;2,093</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-left: white 1.5pt solid">Stockholders&rsquo; equity attributed to the owners of the parent company <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700"><SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; border-left-color: white; border-left-width: 1.5pt">178,853</TD>
    <TD STYLE="font-weight: bold; border-left: white 1.5pt solid; text-align: right">37,114</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid">Total capitalization <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700"><SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; text-align: right; border-left-color: white; border-left-width: 1.5pt">2,434,208</TD>
    <TD STYLE="font-weight: bold; border-top: Black 0.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; text-align: right">505,127</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-left: white 1.5pt solid; border-top-color: Black; border-top-width: 0.5pt">BIS ratio <FONT STYLE="font-family: Itau Display, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700"><SUP>(4)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: Black 0.5pt solid; text-align: right; border-top-color: Black; border-top-width: 0.5pt; border-left-color: white; border-left-width: 1.5pt">15.1%</TD>
    <TD STYLE="border-right: white 1.5pt solid; border-bottom: Black 0.5pt solid; border-top-color: Black; border-top-width: 0.5pt">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 8pt; border-top: Black 0.5pt solid">(1) Convenience translation at&nbsp;&nbsp;4.819 reais per U.S. dollar, the exchange rate in effect on June 30, 2023.</TD>
    <TD STYLE="font-size: 8pt; border-top: Black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="color: white; font-size: 8pt; border-top: Black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: justify">(2) Ita&uacute; Unibanco Holding&rsquo;s authorized and outstanding share capital consists of 4,958,290,359 common shares and 4,841,653,914 preferred shares, all of which are fully paid. For more information regarding our share capital see Note&nbsp;19 to our audited consolidated financial statements as of and for the period ended June 30, 2023.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: justify">(3) Total capitalization corresponds to the sum of total current liabilities, long-term liabilities, deferred income, minority interest in subsidiaries and stockholders&rsquo; equity.&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 8pt; text-align: justify">(4) Calculated by dividing total regulatory capital by risk weight assets.</TD></TR>
  </TABLE>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify">&nbsp;</P>

<P STYLE="font: bold 10pt/115% Itau Display,sans-serif; margin: 0 0 12pt; text-align: justify">Off-Balance Sheet Arrangements</P>

<P STYLE="font: 10pt/115% Itau Display,sans-serif; margin: 0 0 10pt; text-align: justify; text-indent: 35.45pt">We do not have any off-balance
sheet arrangements, other than the guarantees, financial guarantees, commitments to be released, letters of credit to be released and
contractual commitments that are described in &ldquo;Note 13 &ndash; Fixed assets,&rdquo; &ldquo;Note 14 &ndash; Goodwill and Intangible
assets,&rdquo; &ldquo;Note 32 &ndash; Risk and Capital Management, I.I &ndash; Collateral and policies for mitigating credit risk&rdquo;
and &ldquo;Note 32 &ndash; Risk and Capital Management &ndash; I.IV &ndash; Maximum Exposure of Financial Assets to Credit Risk&rdquo;
to our audited interim consolidated financial statements.</P>




<!-- Field: Page; Sequence: 23 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: bold 10pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">REGULATORY RECENT DEVELOPMENTS</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We are subject to the regulation and
supervision of various regulatory entities in the segments we operate. The supervision of these entities is essential to the structure
of our business and directly impacts our growth strategies. Our 2022 Form 20-F contains disclosure of the regulations and supervision
of various regulatory entities to which we are subject in &ldquo;Item 4B. Business Overview - Supervision and Regulation.&rdquo;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">We describe below the material regulatory
developments applicable to us that took place during the six-month period ended June 30, 2023 and through the date of this Form 6-K.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"></P>
<!-- Field: Page; Sequence: 24 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank regulates partnerships and outsourcing
services established within PIX</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On February 17, 2023, the Central
Bank published Resolution No. 293, which establishes additional rules for partnerships and outsourcing arrangements established within
PIX (Central Bank&rsquo;s instant payments system) by market participants, which were previously defined in Central Bank Resolution No.
269, issued on December 1, 2022. Both rules amended Central Bank Resolution No. 1, which establishes the regulations for the PIX payment
scheme.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Central Bank Resolution No. 269, among
other amendments, introduced the definition of &ldquo;partnerships&rdquo; within the PIX scheme as a commercial relationship between two
or more institutions directly participating in the PIX scheme and &ldquo;outsourcing&rdquo; as a relationship between a participating
institution and a non-participating private agent. Central Bank Resolution No. 269 also explicitly prohibits PIX related outsourcing arrangements
in two cases: (i) when the third party offers transactional accounts (i.e., current or payment accounts, among other types as defined
by Central Bank Resolution No. 1, of 2020, which establishes the PIX regulations); and (ii) when the third party does not hold a transactional
account but initiates payment transactions through an account provided by a participating institution.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The first type of outsourcing is expressly
forbidden because the agent that holds a transactional account and wishes to offer PIX to its customers must necessarily be a PIX participant,
going through the adhesion process, which includes the performance of software homologation tests and the evaluation of the requirements
for user experience, rather than relying on another direct PIX participant to offer PIX transactions to its client-base.</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Through Resolution No. 293, the Central
Bank defined a transition regime for institutions that implemented the first type of restricted outsourcing arrangement, applicable to
institutions with agreements in effect as of December 1, 2022, provided they submit a request to join the PIX scheme as a direct participant
by May 31, 2023. With the transition regime, such agents may, exceptionally, maintain the PIX offering to their clients through an outsourcing
arrangement executed with a PIX participant for the duration of the adhesion process.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Regarding the second type, the rule
simply reiterates the regulatory impediment that payment initiation service providers, or PISPs, carry out their activities without the
required authorization to operate from the Central Bank and mandatory participation in Open Finance.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The changes introduced by Central
Bank Resolution No. 269 mentioned herein, as well as the entirety of Central Bank Resolution No. 293, entered into effect on March 1,
2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank improves implementation requirements
to the Open Finance process</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On February 27, 2023, the Central
Bank published Resolution No. 294, which amended Central Bank Resolution No. 32, of October 29, 2020, and established technical requirements
and operational procedures for the Open Finance implementation in Brazil. The main change introduced by the new rule is related to the
scope of the monitoring function assigned to the governance structure responsible for implementing Open Finance.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The rule also improves definitions
regarding the directory of Open Finance participants and the responsibility for managing their information, formally establishing the
need for prior consent from the Central Bank in case of exclusion of a participating institution from the ecosystem or exclusion of a
participation modality.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On the same date, the Central Bank
also published Resolution No. 295, which exempts from mandatory participation in the Open Finance ecosystem institutions that (i) do not
hold accounts that can be freely used by their clients through electronic channels; (ii) do not have individuals, microentrepreneurs and
small companies as clients, as defined in Supplementary Law No. 123, of December 13, 2006; (iii) offer unblocked accounts (<I>contas de
livre movimenta&ccedil;&atilde;o</I>) only to a specific and limited set of individual clients, such as their own employees, and other
cases in which their participation is not able to bring customers significant benefits in the light of the objectives and principles of
Open Finance; or (iv) provide their clients with access to electronic channels to operate their accounts only in contingency situations.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>


<!-- Field: Page; Sequence: 25 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Unlike the previous criteria of exemption,
which was automatic, the Open Finance participation waivers introduced by Resolution No. 295 will require prior approval by the Central
Bank.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolutions Nos. 294 and 295 entered
into effect on April 1, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank establishes guidelines for acceptance
of Bank Credit Certificates as collateral for the issuance of Financial Liquidity Lines</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 3, 2023, the Central Bank
defined basic guidelines, through Central Bank Vote No. 40/2023, for the acceptance of Bank Credit Certificates (<I>C&eacute;dulas de
Cr&eacute;dito Banc&aacute;rio</I>, or CCBs) as eligible collateral in the context of the issuance of Financial Liquidity Lines (<I>Linhas
Financeiras de Liquidez,</I> or LFL) by the Central Bank.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The LFL were established by the Central
Bank in 2021, as a structural measure to improve its operational framework for the purposes of supplying liquidity to the National Financial
System, whether in response to market-wide dysfunctions or specific problems in some institutions. Currently, the only assets eligible
to be offered as collateral are debentures and commercial certificates.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The definition of guidelines, approved
by Central Bank Vote No. 40/2023, aims to direct and coordinate the market for the developments necessary for effective operation as of
the first quarter of 2024. In summary, book-entry and notarial CCBs deposited in Central Depositaries of financial assets will be eligible
as collateral for LFLs. The admissibility rules will be similar to those of the Special Temporary Liquidity Line for the Acquisition of
Financial Bills Guaranteed by Financial Assets (<I>Linha Tempor&aacute;ria Especial de Liquidez para Aquisi&ccedil;&atilde;o de Letra
Financeira com Garantia em Ativos Financeiros</I>, or LTEL-LFG), whose criteria will be determined based on the information provided by
the Credit Information System (<I>Sistema de Informa&ccedil;&otilde;es de Cr&eacute;dito,</I> or SCR). The Central Bank will also define
the eligible modalities of credit and the phasing in of the production of these modalities.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The incorporation of CCBs as eligible
collateral assets in the LFL is a structural measure in the LFL evolution agenda. With the evolution, the Central Bank will seek to deepen
the use of the LFL to allow the structural reduction of compulsory deposits. These changes are expected to be implemented in the first
quarter of 2024.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank announces guidelines for the pilot project
of its digital currency, the &ldquo;Real Digital,&rdquo; or DREX</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 6, 2023, the Central Bank
reviewed the guidelines applicable to its proposed digital currency, the Real Digital, through Vote No. 31/2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">Some relevant guidelines applicable
to the project include (i) that tokenized assets will follow their respective regulatory regimes, so as not to generate asymmetry between
the current and tokenized forms of these assets; (ii) the emphasis on the design of a distributed ledger technology, or DLT, that enables
the registration of assets of various natures and the incorporation of technologies with smart contracts and programmable currency; and
(iii) total adherence to the regulations concerning secrecy, data protection, and anti-money laundering.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 12pt 0 0; text-align: justify; text-indent: 35.45pt">In line with the updated guidelines,
the pilot project began in March 2023, with the first tests of a platform for operations with the &ldquo;Real Digital&rdquo;, a collaborative
environment for testing and developing of the solution.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, on April 27, 2023, the
Central Bank issued Resolution No. 315, which establishes formal rules applicable to the pilot project of the &ldquo;Real Digital&rdquo;
and institutes the Executive Management Committee of the &ldquo;Real Digital&rdquo; platform.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Pursuant to Resolution No. 315, the
number of participants in the pilot project is limited to up to 10 institutions subject to Central Bank supervision, such as us, selected
according to criteria and procedures set forth in the regulation. The Executive Committee received proposals from entities interested
in participating in the pilot project. The rule also provides that the Executive Committee of the pilot project could expand the list
of selected participants to up to 20 candidates, if necessary. Institutions authorized to operate by the Central Bank that necessarily
have the capacity to test, based on their corresponding business model, transactions involving the issuance, redemption or transfer of
financial assets, as well as executing the simulation of financial flows resulting from trading events, when applicable to financial assets subject to the test, were allowed
to participate in the pilot project. On May 24, 2023, the regulator disclosed a list of 14 selected participants, which included us. Adhesion
will be formalized through the execution of a Term of Participation and the submission of a proposal to the Central Bank. The Central
Bank will begin incorporating participants into the Real Digital Pilot platform by mid-June 2023.</P>


<!-- Field: Page; Sequence: 26 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 315 also establishes
that, during the conduction of the pilot project, a forum will be created for the exchange of information and adequate orientation of
the expectations in relation to the development of the &ldquo;Real Digital&rdquo; platform and the proposed tests.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Central Bank Resolution No. 315 entered
into effect on April 28, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, on August 7, 2023, the
Central Bank announced &ldquo;DREX&rdquo; as the official name of its digital currency.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank approves changes in the local rules applicable
internal ratings-based approach for credit risks established in Basel III</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 16, 2023, the Central Bank
issued Resolution No. 303, which provides for changes in the calculation of the capital requirement related to credit risk exposures calculated
through the internal ratings-based, or IRB, approach (RWACIRB). This new rule is in accordance with the best practice recommendations
of the Basel Committee on Banking Supervision, or BCBS, inserted in the set of recommendations known as &quot;Basel III&quot; and will
replace Central Bank Circular No. 3,648, issued on March 4, 2013.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Central Bank expects that the
new framework of IRB approaches will be more robust and limit the variability of the capital requirement among the institutions that eventually
adopt them. To this end, Resolution No. 303 introduces limits for some parameters, reduces the set of portfolios eligible to the IRB approaches
and introduces several improvements to the applicable prudential regulation, including flexibility in the application process for the
use of the IRB approaches, which now allows partial adoption by the institution, for specific portfolios.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The rule is applicable to financial
institutions classified in segments S1, such as us, and S2, according to classifications issued by the Central Bank for the purposes of
the proportional application of prudential regulation according to systemic risk. Currently, none of the institutions included in these
segments, including us, uses IRB approaches, whose adoption is optional and subject to prior approval by the Central Bank.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 303 entered into effect
on July 1, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank introduces changes to the Pillar 3 Report</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 23, 2023, the Central Bank
issued Resolution No. 306, in order to alter several prudential rules to include in their scope of application regulatory conglomerates
(<I>conglomerados prudenciais</I>) led by payment institutions.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Among such adjustments, this rule
also updated Central Bank Resolution No. 54, issued on December 16, 2020, which establishes the disclosure of Pillar 3 report and is applicable
to regulatory conglomerates led by financial institutions, such as ours.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Among other changes, two new topic
sections were included in the Pillar 3 report. The first deals with the comparison between the RWA, amounts calculated through the standard
approach and through the IRB approaches, and the second with the disclosure of information related to assets subject to any impediment
or restriction of negotiation due to a legal, regulatory, statutory or contractual aspect.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 306 entered into effect
on July 1, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank issues regulations on the registration
and centralized deposit of real estate receivables</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 28, 2023, the Central Bank
issued Resolution No. 308, which regulates the activities of registration and centralized deposit of real estate receivables
associated with real estate projects.</P>


<!-- Field: Page; Sequence: 27 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The intention is to enable, at the
discretion of the market participants, the use of the services provided by the registering entities and central depositaries and the structure
of the systems managed by these institutions improve the management process of real estate receivables and the broader and more transparent
access to the receivables agendas by potential financiers, which could contribute to the access to better credit conditions for developers
and subdivision owners.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The rule also details the procedures
applicable to registration entities and central depositaries so they may obtain a specific authorization from the Central Bank to operate
with real estate receivables.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 308 came into effect
on May 2, 2023, although provisions regarding interoperability between different registration entities and central depositaries have a
specific implementation schedule.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Central Bank issues new rule on accounting standards</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On March 28, 2023, the Central Bank
issued Resolution No. 309, in accordance with the recent efforts from the regulator to adjust the accounting standard for institutions
regulated by the Central Bank in line with international pronouncement &ldquo;IFRS 9 &ndash; Financial Instruments&rdquo; issued by the
IASB, applying to the individual statements of financial institutions operating in Brazil. These concepts have already been applied to
consolidated financial statements.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">This new rule establishes accounting
procedures to (i) define the components of financial instruments which constitute payments of principal and interest on the principal
value for the purposes of classification of financial assets; (ii) define the methodology for determining the effective interest rate
of financial instruments; (iii) establish parameters to measure the expected loss associated with credit risk, including for setting minimum
levels of allowance for expected losses associated with credit risk; and (iv) detail the information on financial instruments to be disclosed
in explanatory notes.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Accordingly, the changes provided
aim to introduce a methodology for determining the effective interest rate of financial instruments that reflect the actual rate of return
on these instruments in the financial statements, as well as provide new parameters for constituting an allowance for expected losses
associated with the credit risk of financial instruments, which, for the purposes of Resolution No. 309, has the loss incurred as one
of its components.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 309 will enter into
effect on January 1, 2025.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>CMN overhauls the regulatory regime applicable to
credit derivatives</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On April 20, 2023, the National Monetary
Council, or CMN, issued Resolution No. 5,070, which overhauled the rules governing the performance of credit derivative operations by
financial institutions and other institutions authorized to operate by the Central Bank. Through the new resolution, the CMN seeks to
adapt Brazilian regulations to the innumerous changes the market has undergone internationally since the publication of the previous rule
applicable to such operations, CMN Resolution No. 2,933, in 2002.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The new rules have been studied by
the Central Bank since 2015 and incorporate several suggestions from interested market participants, which contributed to the final format
of the regulation through Public Consultation No. 84 in 2021.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The regulation considers two types
of credit derivative: the credit default swap, or CDS, and the total return swap, or TRS. In both types, the counterparty defined in the
rule as the receiver of the risk sells protection against the credit risk of one or more reference entities to the counterparty defined
as transferring the risk.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Additionally, the main changes provided
in the new regulation include: (i) the updating of the list of institutions able to act as a counterparty receiving credit risk in transactions
carried out with financial institutions, which now incorporates non-financial entities (such as insurance companies, pension entities
and investment funds, among others), provided that they meet the requirements established by the Brazilian Securities Commission (<I>Comiss&atilde;o
de Valores Mobili&aacute;rios, or CVM)</I>to be classified
as a professional investor; (ii) the possibility of specifying credit indices, asset indices, baskets or reference portfolios as reference
entities and obligations of the credit derivatives; (iii) the permission for the performance of credit derivatives with financial flows
denominated or referenced in currency or price indices other than those denominating or indexing the reference obligation; (iv) the permission
for credit derivatives to have reference obligations of lower liquidity, as long as their pricing methodology complies with the rules
contained in the regulatory framework applicable to derivatives; (v) the expansion of the list of institutions able to act as suppliers
of quoted values for the reference obligations, including regulatory or self-regulatory entities and international trading platforms;
and (vi) flexibilization of the requirement for maintaining ownership of the reference obligation by the counterparty transferring the
risk, which will now be mandatory only in cases where the reference obligation is one or more credit or leasing transactions.</P>


<!-- Field: Page; Sequence: 28 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The new rule also established several
formal adjustments, updating defined terms, designations, informational requirements of the contracts and types of credit events that
may be contracted, in line with the standards proposed by the International Swaps and Derivatives Association, or ISDA.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The Central Bank&acute;s expectation
is that the new rule, which incorporates international practices, standards and concepts, will serve as an inductive element for the development
of the credit derivatives market in Brazil, offering more appropriate conditions for the pricing and management of credit risk and contributing
to the expansion of long-term credit in Brazil, in all its forms.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Resolution No. 5,070 entered into
effect on June 1, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>Changes to tax rules for Brazilian individuals who
hold foreign investments</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On April 30, 2023, the Brazilian Federal
Government issued the Provisional Measure No. 1,171, which changed the rules applicable to the taxation of Brazilian individuals that
hold investments in foreign jurisdictions, also establishing a specific tax regime to trusts.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">According to Provisional Measure No.
1,171, from January 2024 onwards, the earnings from capital invested abroad, derived from financial investments, profits and dividends
from controlled entities and assets and rights held in trusts will be subject to the assessment of the Income Tax at the rates varying
from zero to 22.5%, as follows: (i) zero, over the earnings up to BRL 6,000; (ii) 15%, over the earnings that exceed BRL 6,000 and do
not surpass BRL 50,000; and (iii) 22.5% over the earnings above BRL 50,000.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Specifically in the case of financial
investments held abroad, the earnings registered abroad will be offered to taxation in the Annual Income Tax Returns of the individual
at the rates provided above (separately from the other earnings), considering the period in which the earnings were actually made available
to that individual (i.e., upon redemption, amortization, liquidation, end of the term or sale of the investment).</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In turn, Provisional Measure No. 1,171
sets forth the automatic taxation, on December 31 of each year of profits generated from January 1, 2024 onwards by controlled foreign
entities. Provisional Measure No. 1,171 defined controlled foreign entities as all foreign entities, with or without legal personality,
including investment funds and foundations, in which the individual (together with other related persons) (i) holds, directly or indirectly
(including due to specific vote arrangements, such as a shareholders agreement), powers that grant him/her preponderance in corporate
decisions or the power to elect or dismiss the majority of its managers; or (ii) holds, directly or indirectly, more than 50% of the entity&rsquo;s
share capital (or equivalent) or the right to receiving 50% or more of its profits or of its assets (the latter, in case of liquidation).</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Moreover, Provisional Measure No.
1,171 established that only the controlled foreign entities that (i) are located in tax haven jurisdictions or privileged tax regimes,
as defined under Brazilian tax law; or (ii) have less than 80% of active income (defined as the income derived from the entity&rsquo;s
own business, except the one derived from royalties, interest, dividends, equity participation, lease, capital gains &ndash; not considering
the one deriving from equity participation held for more than 2 years &ndash;, financial investments and financial intermediation), in
comparison with their total income. The losses registered from the coming into effect of Provisional Measure No. 1,171 will be allowed
to be offset, without any time limitation, with future profits of the same entity. Profits generated until 31 December 2023 or of any
legal entities that are not framed by the concept of &ldquo;controlled
foreign entities&rdquo; will only be subject to taxation when made available to the Brazilian individual.</P>


<!-- Field: Page; Sequence: 29 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The currency exchange rate variation
of the principal invested in controlled foreign entities, whether or not they are located in a tax haven and/or privileged tax regime
or have passive income, will comprise the capital gain perceived by the individual at the time of disposal, write-off, or liquidation
of the investment, including by means of a devolution of capital.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Provisional Measure No. 1,171 also
provided for a specific tax treatment for trusts of Brazilian individuals abroad, basically determining that the assets and rights that
compose the trust will be considered as owned by (i) remaining under the ownership of the settlor after the establishment of the trust;
and (ii) passing to the ownership of the beneficiary at the time of distribution, by the trust, to the beneficiary or upon the death of
the settlor, whichever comes first. Trusts may still be framed by the concept of controlled foreign entities, as defined above. From January
1st, 2024, onwards, the distribution by the trust to the beneficiary shall have the legal nature of a gratuitous transfer from the settlor
to the beneficiary &ndash; thus being a donation if it occurs during the settlor's lifetime, or an inheritance if resulting from the Settlor's
death.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Irrespective of all of the above,
Brazilian individual may opt to update their tax basis on investments held abroad to the market value of the assets on December 31, 2022,
by collecting the Income Tax over the positive difference between its current tax basis on the assets and the market value of those assets
until November 30, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In the case of controlled foreign
entities whose tax basis has been updated to December 31, 2022, Provisional Measure No. 1,171 also authorized the update of the tax basis
from December 31, 2022, to December 31, 2023, by means of the collection of the Income Tax at a 10% rate until May 31, 2024.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Finally, Provisional Measure No. 1,171
(i) prohibited the calculation of capital gains in foreign currency in the case of assets also acquired in foreign currency by Brazilian
individuals; (ii) revoked the non-taxation of assets acquired abroad when the individual as not tax-resident in Brazil; and (iii) increased
the exempt amounts of the individuals&rsquo; income tax.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Provisional Measure No. 1,171 came
into force on May 1, 2023 and, on June 27, 2023, the President of the Brazilian National Congress extended its validity for a period of
60 days.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>CMN and Central Bank issue new rule on data sharing
to prevent frauds within the National Financial and Payment Systems</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On May 23, 2023, the CMN and the Central
Bank issued the Joint Resolution No. 6, which establishes the obligation for financial institutions and other entities authorized by the
Central Bank to share among each other information about frauds occurred within the National Financial System (<I>Sistema Financeiro Nacional</I>,
or SFN), and Brazilian Payment System (<I>Sistema de Pagamentos Brasileiro,</I> or SPB). The rule aims to reduce the asymmetry of data
and information faced by these institutions to support procedures and controls in their fraud prevention processes, as well as improve
their practices.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Joint Resolution No. 6 establishes
the registry of minimum information that must be shared, which includes: (i) the identification of the person who would have committed
or tried to commit fraud; (ii) the description of the indications of the occurrence or the attempt of fraud; (iii) identification of the
institution responsible for the data and information registry; and (iv) identification of the recipient account and its holder, in case
of transfers or payments. During the implementation of the electronic system provided in the Joint Resolution No. 6, the institutions
must comply with some requirements, such as (i) allowing unrestricted access to the system&rsquo;s functionalities, provided the identification
of the person who accessed it; (ii) adoption of a single common standard communication that allows the execution of its functionalities;
and (iii) establishment of procedures and controls to guarantee compliance with applicable regulations, confidentiality, among others.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">According to the Joint Resolution
No. 6, institutions are responsible for the use of data and information obtained through the electronic system, as well as for observing
bank secrecy requirements. They must also obtain their clients&rsquo; prior contractual consent in order to process and share the fraud
data.</P>


<!-- Field: Page; Sequence: 30 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Joint Resolution No. 6 will enter
into effect on November 1, 2023.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>The Brazilian Federal Government empowers the Central
Bank to regulate virtual assets market</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 13, 2023, the Brazilian government
issued the Decree No. 11,563, regulating the virtual assets market law (Law No. 14,478 of December 21, 2022, or Law No. 14,478), and designating
the Central Bank as the authority in charge of regulating and overseeing this market within the scope of this law.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Law No. 14,478 sets out the guidelines
and standards for the provision of virtual asset services, also addressing how virtual asset service providers are to be regulated. The
decree grants the Central Bank authority to (i) regulate the provision of virtual asset services, pursuant to the guidelines of Law No.
14,478, (ii) regulate, authorize and supervise virtual assets service providers; and (iii) deliberate on the other matters provided in
the law, excluding the matters relating to the national register of politically exposed persons introduced by Law No. 14,478.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Pursuant to provisions of Law No.
14,478, the decree provides that the powers and authority of the CVM remain intact. The CVM is tasked with regulating the issuance and
offering of those virtual assets classified as securities under Law No. 6,385 of 1976.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Decree No. 11,563 came into effect
on June 20, 2023, along with Law No. 14,478.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>New Brazilian transfer pricing legislation is published</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 14, 2023, Law No. 14,596 was
issued and changed the transfer pricing legislation by regulating the convergence of the Brazilian model to standards applied by the Organization
for Economic Co-operation and Development, or OECD.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Under the new law, the allocation
of taxable profits in cross-border transactions between related parties will start in accordance with international guidelines and the
arm's length principle, departing from the fixed-margin methodologies previously applied in Brazil.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Several provisions of Law No. 14,596
still pend supplementary regulation, including as regards: (i) selection of the most suitable method for transfer pricing control; (ii)
control of commodities transactions; (iii) use of statistical measures other than those prescribed by law for the range of comparable;
(iv) compensating adjustments, among other topics.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">These topics will be included in a
normative ruling to be issued in the next months by the Brazilian tax authorities, after the conclusion of a public consultation.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Law No. 14,596 will enter into effect
on January 1, 2024. Taxpayers may opt to anticipate the effects of Law No. 14,596, pursuant to its section 45, a specific provision which
entered into effect on its publication date (June 15, 2023).</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>The National Monetary Council, or CMN, introduces
changes to risk management requirements applicable to financial institutions</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 29, 2023, the CMN issued Resolution
No. 5,089, which amends CMN Resolution No. 4,557, of February 23, 2017, to add a specific section about country and transfer risks, defining
such risks and amending their current treatment. Previously, country and transfer risks were included in the definition of credit risk.
Pursuant to the new rule, they will now be considered autonomous risks.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Under the new rule, country risk is
defined as the possibility of losses associated or incurred due to events related to foreign jurisdictions, which includes sovereign risk,
in the case of exposure to the central government of a foreign jurisdiction; and indirect country risk, in case of an event related to
a foreign jurisdiction other than the one where the counterparty or the issuer of the risk mitigating instrument is located, associated
with the exposure assumed by the applicable financial conglomerate, when the
counterparty or the issuer may be significantly impacted by the respective event.</P>


<!-- Field: Page; Sequence: 31 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify"></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Transfer risk is now defined as the
possibility of occurrence of obstacles in the currency conversion of the funds required for the settlement of obligations towards the
financial conglomerate, if these funds are held in a jurisdiction other than that where the respective settlement will take place.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">The amendments to Resolution No. 4,557
introduced by Resolution No. 5,089 will enter into effect on January 1, 2024.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>House of Representatives approves Brazilian consumption
tax reform</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 6, 2023, the Brazilian House
of Representatives approved the substitute opinion for Constitutional Amendment Proposal No. 45, or PEC 45, which deals with the consumption
tax reform.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In general terms, the substitutive
opinion amends the Brazilian Constitution to provide for the replacement of 5 taxes by two new value-added taxes, the Tax on Goods and
Services (<I>Imposto sobre Bens e Servi&ccedil;os</I>, or IBS) and the Contribution on Goods and Services (<I>Contribui&ccedil;&atilde;o
sobre Bens e Servi&ccedil;os</I>, or CBS). The current taxes on consumption that will be repealed by PEC 45 and replaced by the IBS and
CBS include (i) tax on distribution of goods and services (<I>Imposto sobre Circula&ccedil;&atilde;o de Mercadorias e Servi&ccedil;os</I>,
or ICMS); (ii) tax on services (<I>Imposto sobre Servi&ccedil;os</I>, or ISS); (iii) tax on manufactured products (<I>Imposto sobre Circula&ccedil;&atilde;o
de Mercadorias e Servi&ccedil;os</I>, or ICMS); (iv) the Profit Participation Program Contribution (<I>Programa de Integra&ccedil;&atilde;o
Social,</I> or PIS), and Social Security Financing Contribution (<I>Contribui&ccedil;&atilde;o para o Financiamento da Seguridade Social</I>,
or COFINS).</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">PEC 45 also provides authorization
for the Brazilian government to introduce a selective tax on goods and services that are harmful to health and/or the environment.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">In addition, articles 1, 8 and 9 of
PEC 45 delegate to the Complementary Law that institutes the IBS and CBS the competence to provide for differentiated taxation regimes
for certain sectors, goods and services, exhaustively listed in these provisions.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">PEC 45 also provides for a 7-year
transition period into the new model, whereby the ICMS and ISS will be slowly phased out and replaced by the new value-added taxes.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">PEC 45 is now under review by the
Brazilian Senate for approval or new amendments, upon which it will return to the House of Representatives (depending on the relevance
of the changes) or be sent for presidential sanctioning.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify"><B><I>The Brazilian Federal Government launches the Emergency
Program for Renegotiation of Debts of Individuals in Default &ndash; Desenrola Brasil</I></B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">On June 5, 2023, the Brazilian government
issued the Provisional Measure No. 11,563, which establishes the National Program for Renegotiation of Debts of Individuals in Default
(<I>Programa Nacional de Renegocia&ccedil;&atilde;o de D&iacute;vidas de Pessoas F&iacute;sicas Inadimplentes</I>), or Desenrola Brasil,
to encourage the renegotiation of private debts of individuals, especially those with low-income and difficulties in obtaining credit.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Desenrola Brasil is divided into two
tiers, characterized by its target audience and the debts allowed to be renegotiated under the respective tier. The target audience of
Tier 1 (<I>Faixa 1</I>) are debtors with monthly gross income of up to two times the current minimum wage (current minimum wage is R$1,320.00)
or who are enrolled in the Single Registry for Social Programs of the Federal Government (<I>Cad&Uacute;nico</I>); whereas Tier 2 (<I>Faixa
2</I>) has a target audience of debtors with negative financial debts incurred up to December 31, 2022, and who earn a monthly gross income
of up to R$20,000.00, among other criteria.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">For Tier 1, financial institutions,
such as us, will be able to carry out renegotiations with individuals registered in defaulter registers through credit operations with
guaranteed coverage default risk, in which the guarantees will be offered by the Operations Guarantee Fund (<I>Fundo de Garantia de Opera&ccedil;&otilde;es
&ndash; FGO</I>) limited to the amount of R$5,000.00 <I>per</I> debtor.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">For debts classified under Tier 2,
on the other hand, financial institutions will be able to, from calendar year 2024 to calendar year 2028, register them as tax sparing
credits arising from temporary differences.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">Provisional Measure 11,563/2023 entered
into force on June 7, 2023, and may lose effect if not converted into Law in 120 days.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<!-- Field: Page; Sequence: 32 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0; text-align: justify; text-indent: 35.45pt">&nbsp;</P>

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt; text-align: center">SIGNATURES</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0pt 0 12pt; text-indent: 0.5in">Pursuant to the requirements of the Securities Exchange
Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt">Date: August 23, 2023</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt; text-indent: 3.5in"><B>Ita&uacute; Unibanco Holding S.A.</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt 3.5in">By: <U>/s/ Milton Maluhy Filho<BR>
</U>Name: Milton Maluhy Filho<BR>
Title: Chief Executive Officer</P>

<P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0 0 12pt; text-indent: 3.5in">&nbsp;</P>

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0 0 12pt 3.5in">By<U>: /s/ Alexsandro Broedel<BR>
</U>Name: Alexsandro Broedel<BR>
Title: Chief Financial Officer</P>


<!-- Field: Page; Sequence: 33 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Itau Display,sans-serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 11pt Itau Display,sans-serif; margin: 0 0 12pt">&#9;FINANCIAL STATEMENTS&#9;</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0 0 12pt; text-indent: 1in">&nbsp;</P>

<!-- Field: Page; Sequence: 34 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0 0 12pt"></P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 3.45pt 0 0 42.15pt; color: #ED1834"><FONT STYLE="letter-spacing: -0.1pt">www.pwc.com.br</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: italic bold 27pt Georgia, Times, Serif; margin: 0.1pt 140.8pt 0 53.8pt; color: #ED1834">Ita&uacute; Unibanco Holding S.A.</P>

<P STYLE="font: 15pt/100% Georgia, Times, Serif; margin: 0 140.8pt 0 53.8pt; color: #ED1834"><B><I>Consolidated financial statements at
June 30, 2023</I></B></P>

<P STYLE="font: 15pt/16.8pt Georgia, Times, Serif; margin: 0 0 0 53.8pt; color: #ED1834"><B><I>and independent auditor's <FONT STYLE="letter-spacing: -0.1pt">report</FONT></I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.2pt 0 0"><IMG SRC="itubmtn2q236k_006.jpg" ALT=""></P>


<!-- Field: Page; Sequence: 35; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="itubmtn2q236k_006.jpg" ALT="">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 40pt">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 14.5pt Georgia, Times, Serif; margin: 0.1pt 0 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 15pt Georgia, Times, Serif; margin: 5.05pt 0 0 49.25pt; color: #ED1834"><B><I>Independent auditor's <FONT STYLE="letter-spacing: -0.1pt">report</FONT></I></B></P>

<P STYLE="font: 19.5pt Georgia, Times, Serif; margin: 0.5pt 0 0"><B><I>&nbsp;</I></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 255.35pt 0 49.25pt">To the Board of Directors and Stockholders Ita&uacute;
Unibanco Holding S.A.</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 7.95pt 0 0 49.25pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0; color: #ED1834"><FONT STYLE="letter-spacing: -0.1pt">Opinion</FONT></P>

<P STYLE="margin: 0; color: #ED1834"><FONT STYLE="letter-spacing: -0.1pt"></FONT></P>

<HR COLOR="Red" NOSHADE SIZE="1" STYLE="width: 100%; margin-top: 3pt; margin-bottom: 3pt">


<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 13.4pt 0 49.25pt">We have audited the accompanying consolidated financial statements
of Ita&uacute; Unibanco Holding S.A. (&quot;Bank&quot;) and its subsidiaries, which comprise the consolidated balance sheet as at June
30, 2023 and the consolidated statements of income and comprehensive income for the quarter and six-month period then ended and changes
in stockholders' equity and cash flows for the six-month period then ended, and notes to the financial statements, including significant
accounting policies and other explanatory information.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0 49.25pt">In our opinion, the consolidated financial statements referred
to above present fairly, in all material respects, the consolidated financial position of the Bank and its subsidiaries as at June 30,
2023, the consolidated financial performance for the quarter and six-month period then ended and the consolidated cash flows for the six-month
period then ended, in accordance with International Accounting Standard (IAS) 34 - &quot;Interim Financial Reporting&quot; issued by the
International Accounting Standards Board (IASB).</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 49.25pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0; color: #ED1834">Basis for <FONT STYLE="letter-spacing: -0.1pt">opinion</FONT></P>

<P STYLE="font: 5.5pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B>&nbsp;</B></P>

<HR COLOR="Red" NOSHADE SIZE="1" STYLE="width: 100%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 5.5pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 4.05pt 0 49.25pt">We conducted our audit in accordance with Brazilian and International
Standards on Auditing. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit
of the Consolidated Financial Statements&quot; section of our report. We are independent of the Bank and its subsidiaries in accordance
with the ethical requirements established in the Code of Professional Ethics and Professional Standards issued by the Brazilian Federal
Accounting Council, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the
audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 0 0 0 49.25pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0; color: #ED1834">Key Audit <FONT STYLE="letter-spacing: -0.1pt">Matters</FONT></P>

<P STYLE="font: 5.5pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B>&nbsp;</B></P>

<HR COLOR="Red" NOSHADE SIZE="1" STYLE="width: 100%; margin-top: 3pt; margin-bottom: 3pt">
<P STYLE="font: 5.5pt Georgia, Times, Serif; margin: 0.25pt 0 0"><B></B></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 125.6pt 0 49.25pt"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Georgia, Times, Serif; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="width: 89%">&nbsp;<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 125.6pt 0 49.25pt">Key Audit Matters are those matters that, in our
                               professional judgment, were of most significance in our 2023 half-year audit. These matters were addressed in the context of our
                               audit of the consolidated financial statements as a whole, and in forming our opinion thereon, and we do not provide a separate
                               opinion on these <FONT STYLE="letter-spacing: -0.1pt">matters.</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

</TD>
  <TD STYLE="width: 1%">&nbsp;</TD>
  <TD STYLE="width: 10%"><IMG SRC="itubmtn2q236k_007.jpg" ALT="">&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 125.6pt 0 49.25pt">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10.5pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 11pt/96% Georgia, Times, Serif; margin: 0 4.05pt 0 49.25pt">Independentes Ltda., Avenida Brigadeiro Faria Lima, 3732,
Edif&iacute;cio B32, 16<FONT STYLE="font-size: 6pt; line-height: 96%">o</FONT> <FONT STYLE="font-size: 9pt; line-height: 96%"></FONT></P>

<P STYLE="font: 11pt/96% Georgia, Times, Serif; margin: 0 4.05pt 0 49.25pt"><FONT STYLE="font-size: 9pt; line-height: 96%">S&atilde;o
Paulo, SP, Brasil, 04538-132</FONT></P>

<P STYLE="font: 9pt/10.2pt Georgia, Times, Serif; margin: 0 0 0 49.25pt">T: +55 (11) 4004-8000, <FONT STYLE="letter-spacing: -0.1pt">www.pwc.com.br</FONT></P>


<!-- Field: Page; Sequence: 36; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="itubmtn2q236k_006.jpg" ALT="">&nbsp;</TD></TR><TR><TD STYLE="text-align: left">&nbsp;</TD></TR><TR><TD STYLE="text-align: left"><P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.95pt 0 0 1pt">Ita&uacute; Unibanco Holding <FONT STYLE="letter-spacing: -0.2pt">S.A.</FONT></P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.95pt 0 0 1pt"></P>

<P STYLE="font: 10pt/1pt Georgia, Times, Serif; margin: 0 0 0 49.25pt">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 1.1pt 0 0 52.1pt">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; color: #ED1834">&nbsp;</P>

<P STYLE="margin: 0; font-size: 10pt; color: #ED1834"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font-size: 10pt; width: 100%">
<TR STYLE="vertical-align: top; text-align: left">
  <TD STYLE="border-bottom: Black 1pt solid; width: 49%">&nbsp;<P STYLE="margin: 0; font-size: 10pt; color: #ED1834"></P>

<P STYLE="font: 10pt/10.9pt Georgia, Times, Serif; margin: 0 0 0 52.1pt; color: #ED1834"><B>Why it is a Key Audit <FONT STYLE="letter-spacing: -0.1pt">Matter</FONT></B></P>

</TD>
  <TD STYLE="border-bottom: Black 1pt solid; width: 2%">&nbsp;</TD>
  <TD STYLE="border-bottom: Black 1pt solid; font: 10pt/10.9pt Georgia, Times, Serif; margin: 0 0 0 52.1pt; padding-left: 60pt; text-align: left; color: #ED1834; width: 49%; vertical-align: bottom"><B>How
  the matter was addressed in the <FONT STYLE="letter-spacing: -0.1pt">audit</FONT></B></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 5.35pt 2.9pt 0 52.1pt; color: #ED1834"><B>Measurement of financial assets
            and liabilities and provision for expected loss in accordance with IFRS 9 - Financial Instruments (Notes 2 (c) II, 2 (c) VI, 2 (d)
            IV, 4 to 10 and <FONT STYLE="letter-spacing: -0.25pt">28)</FONT></B></P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 9.7pt 0 0 52.1pt">The provision for expected loss continued to be an area of focus
in our audit, as it involves Management's judgment in determining the necessary provision through the application of methodology and processes
which use a variety of assumptions, including, among others, prospective information, and criteria for determining a significant increase
or decrease in credit risk.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 2.9pt 0 52.1pt">Furthermore, management regularly reviews the judgments and
estimates used in determining the Provision for Loan Losses.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 2.9pt 0 52.1pt">The financial instruments measured at fair value include operations
with low liquidity and/or no active market, which are substantially comprised of securities issued by companies and by derivative contracts.
The fair value measurement of these financial instruments involves subjectivity, since it depends on valuation techniques performed based
on internal models that include Management assumptions in their fair valuation.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 2.9pt 0 52.1pt">Furthermore, market risk management is complex, especially in
times of high volatility, as well as in situations where observable prices or market parameters are not available.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 2.9pt 0 52.1pt">These matters also continued to be a focus of our 2023 half-year
audit due to the relevance and subjectivity mentioned above.</P>

</TD>
  <TD>&nbsp;</TD>
  <TD><P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 7.1pt 15.4pt 0 60pt">&nbsp;</P>
      <P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 7.1pt 15.4pt 0 60pt">&nbsp;</P>
      <P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 7.1pt 15.4pt 0 60pt">&nbsp;</P>
      <P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 7.1pt 15.4pt 0 60pt">We confirmed our understanding of the process of measurement
the provision for expected loss and of financial assets and liabilities in accordance with IFRS 9.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.1pt 0 60pt">Regarding the provision for expected loss methodology, we performed
a number of audit procedures substantially related to the: (i) analysis of management's accounting policies in comparison with IFRS 9
requirements; (ii) testing of controls related to the measurement of the provision for expected loss, which considers data, models and
assumptions adopted by Management; (iii) tests on the models, including their approval and validation of assumptions adopted to determine
the estimated losses and recoveries. In addition, we tested management's documentation of the guarantees, the projected cash flows, the
credit renegotiations, the counterparty's risk assessment, the payment delays, and other aspects that could result in a significant increase
of the credit risk, as well as the classification of operations in their proper stages, pursuant to IFRS 9; (iv) testing of data inputs
to the models and, where available, comparing certain data and assumptions with market information; and (v) analysis over Management's
disclosures in the financial statements in order to comply with IFRS 7 - Financial Instruments: Disclosures and IFRS 9.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 15.4pt 0 60pt">We consider that the criteria and assumptions adopted by management
in determining and recording the provision for expected loss are appropriate and consistent, in all material respects, in the context
of the consolidated financial statements.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0.05pt 9.85pt 0 60pt">Regarding the measurement of financial assets and financial
liabilities, we applied the following main audit procedures: i) analysis of Management's accounting policies in comparison with IFRS 9
requirements; ii) update our understanding of the valuation methodology used for these financial instruments and the main assumptions
used by Management, as well as comparing them with independent methodologies and assumptions. We performed, on a sample basis, the recalculation
of the valuation of certain</P>
&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0; font-size: 10pt; color: #ED1834">&nbsp;&#9;</P>

<P STYLE="font: 3.5pt Georgia, Times, Serif; margin: 0.45pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 5.35pt 2.9pt 0 52.1pt; color: #ED1834"></P>


<!-- Field: Page; Sequence: 37; Options: NewSection; Value: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="itubmtn2q236k_006.jpg" ALT="">&nbsp;</TD></TR><TR><TD STYLE="text-align: left">&nbsp;</TD></TR><TR><TD STYLE="text-align: left"><P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.95pt 0 0 1pt">Ita&uacute; Unibanco Holding <FONT STYLE="letter-spacing: -0.2pt">S.A.</FONT></P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/1pt Georgia, Times, Serif; margin: 0 0 0 49.25pt"><FONT STYLE="font-size: 1pt"></FONT></P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 1.1pt 0 0 52.1pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="border-bottom: Black 1pt solid; vertical-align: top; text-align: left">
  <TD STYLE="font: bold 10pt Georgia, Times, Serif; margin: 4.95pt 0 0 52.1pt; padding-left: 50pt; color: #ED1834; width: 49%">Why it is a Key Audit Matter</TD>
  <TD STYLE="width: 2%">&nbsp;</TD>
  <TD STYLE="font: bold 10pt Georgia, Times, Serif; margin: 4.95pt 0 0 52.1pt; padding-left: 60pt; color: #ED1834; width: 49%">How the matter was addressed in the audit</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 5.35pt 13.4pt 0 60pt">operations and analyzed the consistency of such methodologies
with those applied in prior <FONT STYLE="letter-spacing: -0.1pt">periods.</FONT></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.7pt 0 60pt">We believe that the criteria and assumptions adopted by Management
to measure the fair value of these financial instruments are appropriate and consistent with the disclosures in the accompanying notes
to the Financial Statements.</P>

</TD></TR>
</TABLE>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0; color: #ED1834">&#9;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; font: 10pt Georgia, Times, Serif; width: 100%">
<TR STYLE="border-bottom: Black 1pt solid; vertical-align: top; text-align: left">
  <TD STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834; width: 49%">Information technology environment</TD>
  <TD STYLE="width: 2%">&nbsp;</TD>
  <TD STYLE="width: 49%">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0"><B></B></P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 0 0 52.1pt">The Bank and its subsidiaries rely on their technology structure
to process their operations and prepare their financial statements.</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 0 0 52.1pt">Technology represents a fundamental aspect on the evolution of the
Bank and its subsidiaries' business, and over the last years, significant short and long-term investments have been made in the information
technology systems and processes.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 0 0 52.1pt">The technology structure is comprised of more than one environment
with different processes and segregated controls. Additionally, a substantial part of the Bank and its subsidiaries' teams are performing
their activities remotely (home office), which caused the need to adapt technology processes and infrastructure to maintain the continuity
of operations.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 0 0 52.1pt">The lack of adequacy of the general controls of the technology environment
and of the controls that depend on technology systems may result in the incorrect processing of critical information used to prepare the
financial statements, as well as risks related to information security and cybersecurity. Accordingly, this continued as an area of focus
in our audit.</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>
<P STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; color: #ED1834">Provisions and contingent liabilities
(Notes 2 (c) X, 2 (d) XIV and 29)</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.2pt 0 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0 0 52.1pt">The Bank and its subsidiaries have provisions and contingent liabilities
mainly arising from judicial and administrative proceedings, inherent to the normal course of their business, filed by third parties,
former employees, and public agencies, involving civil, labor, tax, and social security <FONT STYLE="letter-spacing: -0.1pt">matters.</FONT></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.2pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0 0 52.1pt">In general, the settlement of these proceedings takes a long time
and involve not only discussions</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>


</TD>
  <TD>&nbsp;</TD>
  <TD><P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 8.25pt 0 60pt">As part of our audit procedures, with the support of our specialists,
we assessed the information technology environment, including the automated controls of the application systems that are significant for
the preparation of the financial <FONT STYLE="letter-spacing: -0.1pt">statements.</FONT></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 9.85pt 0 60pt">The procedures performed comprised the combination of relevant
tests of design and effectiveness of controls as well as the performance of tests related to the information security, including the access
management control, change management and monitoring the operating capacity of technology infrastructure.</P>

<P STYLE="font: 9pt Georgia, Times, Serif; margin: 0.55pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">The audit procedures applied resulted in appropriate evidence
that was considered in determining the nature, timing, and extent of other audit procedures.</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/95% Georgia, Times, Serif; margin: 0 11.35pt 0 60pt">&nbsp;</P>
<P STYLE="font: 11.5pt Georgia, Times, Serif; margin: 0.1pt 0 0"></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 10.3pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 10.3pt 0 60pt">&nbsp;</P>
<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 10.3pt 0 60pt">We confirmed our understanding and tested the design and the
effectiveness of the main controls used to identify, assess, monitor, measure, record, and disclose the provision and contingent liabilities,
including the totality and the integrity of the database.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0.05pt 10.3pt 0 60pt">We tested the models used to quantify judicial proceedings
of civil and labor natures considered on a group basis. We were supported by our </P>

&nbsp;</TD></TR>
</TABLE>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 4.95pt 0 0 52.1pt; color: #ED1834"></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.05pt 0 0"><B>&nbsp;&nbsp;</B></P>


<!-- Field: Page; Sequence: 38 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="itubmtn2q236k_006.jpg" ALT="">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR><TR><TD STYLE="text-align: left"><P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.95pt 0 0 1pt">Ita&uacute; Unibanco Holding <FONT STYLE="letter-spacing: -0.2pt">S.A.</FONT></P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/1pt Georgia, Times, Serif; margin: 0 0 0 49.25pt">&nbsp;</P>

<P STYLE="font: bold 10pt Georgia, Times, Serif; margin: 1.1pt 0 0 52.1pt">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="margin: 0; color: #ED1834"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%">
<TR STYLE="border-bottom: Black 1pt solid; vertical-align: top; text-align: left">
  <TD STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834; width: 49%">Why it is a Key Audit <FONT STYLE="letter-spacing: -0.1pt">Matter</FONT></TD>
  <TD STYLE="padding-left: 10pt; width: 2%">&nbsp;</TD>
  <TD STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 60pt; color: #ED1834; width: 49%">&#9;How the matter was addressed in the audit</TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD>&nbsp;<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 5.15pt 34.85pt 0 52.1pt">on the matter itself, but also complex process-related
aspects, depending on the applicable legislation.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0.05pt 0 52.1pt">Besides the subjective aspects in determining the possibility
of loss attributed to each case, the evolution of case law on certain causes is not always uniform. Considering the materiality of the
amounts and the uncertainties and judgments involved, as described above, in determining, recording, and disclosing the provision and
contingent liabilities required items, we continue to consider this an area of audit focus.</P>

</TD>
  <TD>&nbsp;</TD>
  <TD><P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 5.15pt 34.85pt 0 52.1pt"></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 5.15pt 5.85pt 0 60pt">specialists in the labor, legal, and fiscal areas, according
to the nature of each proceeding.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 5.85pt 0 60pt">Also, in a sample basis, we performed external confirmation
procedures with both internal and external lawyers responsible for the <FONT STYLE="letter-spacing: -0.1pt">proceedings.</FONT></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 5.85pt 0 60pt">We considered that the criteria and assumptions adopted by Management
for determining the provision, as well as the information disclosed in the explanatory notes are appropriate.</P>
&nbsp;</TD></TR>
<TR STYLE="border-bottom: Black 1pt solid; vertical-align: top; text-align: left">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD></TR>
<TR STYLE="border-bottom: Red 1pt solid; vertical-align: top; text-align: left">
  <TD COLSPAN="3" STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834"><P STYLE="margin-top: 0; margin-bottom: 0">Responsibilities of management and those charged with governance for the consolidated financial statements</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD COLSPAN="3" STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834">&nbsp;<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0.05pt 0 0pt"><FONT STYLE="color: Black">Management
                                            is responsible for the preparation and fair presentation of the consolidated financial statements
                                            in accordance with the International Financial Reporting Standards (IFRS), issued by the
                                            International Accounting Standards Board (IASB), and for such internal control as management
                                            determines is necessary to enable the preparation of financial statements that are free from
                                            material misstatement, whether due to fraud or error.</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0.05pt 0 0pt"><FONT STYLE="color: Black">In preparing the consolidated financial
statements, management is responsible for assessing the Bank's ability to continue as a going concern, disclosing, as applicable, matters
related to going concern and using the going concern basis of accounting unless management either intends to liquidate the Bank or to
cease operations, or has no realistic alternative but to do so.</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.05pt 0 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 0.05pt 0 0pt"><FONT STYLE="color: Black">Those charged with governance are
responsible for overseeing the Bank's and its subsidiaries financial reporting process.</FONT></P>

</TD></TR>
<TR STYLE="border-bottom: Black 1pt solid; vertical-align: top; text-align: left">
  <TD COLSPAN="3" STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
<TR STYLE="border-bottom: Red 1pt solid; vertical-align: top; text-align: left">
  <TD COLSPAN="3" STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834"><P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">Auditor's responsibilities for the audit of the consolidated financial <FONT STYLE="letter-spacing: -0.1pt">statements</FONT></P>
                                                                                <P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P></TD></TR>
<TR STYLE="vertical-align: top; text-align: left">
  <TD COLSPAN="3" STYLE="font: bold 10pt/95% Georgia, Times, Serif; margin: 5.35pt 3.15pt 0 52.1pt; padding-left: 50pt; color: #ED1834"><P STYLE="font: 10pt Georgia, Times, Serif; margin: 4.95pt 9.5pt 0 0pt"><FONT STYLE="color: Black">Our
                                            objectives are to obtain reasonable assurance about whether the consolidated financial statements
                                            as a whole are free from material misstatement, whether due to fraud or error, and to issue
                                            an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance
                                            but is not a guarantee that an audit conducted in accordance with Brazilian and International
                                            Standards on Auditing will always detect a material misstatement when it exists. Misstatements
                                            can arise from fraud or error and are considered material if, individually or in the aggregate,
                                            they could reasonably be expected to influence the economic decisions of users taken on the
                                            basis of these financial statements.</FONT></P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.5pt 0 0"><FONT STYLE="color: Black">&nbsp;</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 0 0 0pt"><FONT STYLE="color: Black">As part of an audit in accordance with
Brazilian and International Standards on Auditing, we exercise professional judgment and maintain professional skepticism throughout
the audit. We also:</FONT></P>
&nbsp;</TD></TR>
</TABLE>

<P STYLE="margin: 0; color: #ED1834"></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 14.25pt"><FONT STYLE="font-size: 10pt">Identify and assess the risks of material misstatement of the consolidated
financial statements, whether due to fraud or error, design and perform audit procedures responsive to those risks, and obtain audit evidence
that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from
fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations,
or the override of internal control.</FONT></TD></TR></TABLE>


<!-- Field: Page; Sequence: 39 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%"><IMG SRC="itubmtn2q236k_006.jpg" ALT="">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR><TR><TD STYLE="text-align: left"><P STYLE="font: 10pt Georgia, Times, Serif; margin: 0.95pt 0 0 1pt">Ita&uacute; Unibanco Holding <FONT STYLE="letter-spacing: -0.2pt">S.A.</FONT></P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.45pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 32.6pt"><FONT STYLE="font-size: 10pt">Obtain an understanding of internal control relevant to the audit in order
to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness
of the internal control of the Bank and its subsidiaries.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 30.1pt"><FONT STYLE="font-size: 10pt">Evaluate the appropriateness of accounting policies used and the reasonableness
of accounting estimates and related disclosures made by management.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.4pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 8.25pt"><FONT STYLE="font-size: 10pt">Conclude on the appropriateness of management's use of the going concern
basis of accounting and, based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that
may cast significant doubt on the Bank's ability to continue as a going concern. If we conclude that a material uncertainty exists, we
are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures
are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report.
However, future events or conditions may cause the Bank to cease to continue as a going concern.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 17.65pt"><FONT STYLE="font-size: 10pt">Evaluate the overall presentation, structure, and content of the consolidated
financial statements, including the disclosures, and whether these financial statements represent the underlying transactions and events
in a manner that achieves fair presentation.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 11pt/97% Georgia, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 49.2pt"></TD><TD STYLE="width: 14.2pt"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt; color: #ED1834">&#8226;</FONT></TD><TD STYLE="padding-right: 9.7pt"><FONT STYLE="font-size: 10pt">Obtain sufficient appropriate audit evidence regarding the financial information
of the entities or business activities within the Group to express an opinion on the consolidated financial statements. We are responsible
for the direction, supervision, and performance of the group audit. We remain solely responsible for our audit opinion.</FONT></TD></TR></TABLE>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.25pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 22.4pt 0 49.25pt; text-align: justify">We communicate with those charged with
governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including any significant
deficiencies in internal control that we identify during our audit.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.3pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 4.05pt 0 49.25pt">We also provide those charged with governance with a statement
that we have complied with relevant ethical requirements regarding independence, and to communicate with them all relationships and other
matters that may reasonably be thought to bear on our independence, and where applicable, related safeguards.</P>

<P STYLE="font: 9.5pt Georgia, Times, Serif; margin: 0.35pt 0 0">&nbsp;</P>

<P STYLE="font: 10pt/97% Georgia, Times, Serif; margin: 0 10.45pt 0 49.25pt">From the matters communicated with those charged with governance,
we determine those matters that were of most significance in the audit of the financial statements of the half-year ended June 30, 2023
and are therefore the key audit matters. We describe these matters in our auditor's report unless law or regulation precludes public disclosure
about the matter or when, in extremely rare circumstances, we determine that a matter should not be communicated in our report because
the adverse consequences of doing so would reasonably be expected to outweigh the public interest benefits of such communication.</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 9.85pt 0 0 49.25pt">S&atilde;o
Paulo, August 7, <FONT STYLE="letter-spacing: -0.2pt">2023</FONT></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 9.85pt 0 0 40pt"><FONT STYLE="letter-spacing: -0.2pt"><IMG SRC="itubmtn2q236k_008.jpg" ALT=""></FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0 0 40pt">&nbsp;<FONT STYLE="letter-spacing: -0.1pt">PricewaterhouseCoopers</FONT></P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0 0 40pt"><FONT STYLE="letter-spacing: -0.1pt"></FONT>Auditores
Independentes Ltda.</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0 0 0 40pt">CRC 2SP000160/O-5</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 11pt Georgia, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 13pt Georgia, Times, Serif; margin: 0.35pt 0 0 40pt">&nbsp;<IMG SRC="itubmtn2q236k_009.jpg" ALT=""></P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 4.35in 0 49.25pt">Emerson Laerte da Silva</P>

<P STYLE="font: 10pt Georgia, Times, Serif; margin: 0 4.35in 0 49.25pt">Contador CRC 1SP171089/O-3</P>



<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0"></P>

<!-- Field: Page; Sequence: 40; Options: NewSection; Value: 6 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%"><!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence -->&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; width: 62%"><FONT STYLE="font-family: Arial; font-size: 9pt">Ita&uacute; Unibanco Holding
    S.A.</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 9pt">Consolidated Balance Sheet</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="color: #003399; font-size: 9pt; font-style: italic; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 9pt">(In
    millions of reais)</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Cash</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">30,636</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">35,381</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial
    assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,281,671</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,170,219</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">At
    Amortized Cost</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,606,250</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,578,789</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Compulsory
    deposits in the Central Bank of Brazil</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">136,749</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">115,748</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interbank
    deposits</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">53,326</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">59,592</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities
    purchased under agreements to resell</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">216,959</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">221,779</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">236,011</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">213,026</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Loan
    and lease operations</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">10</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">901,185</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">909,422</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">113,957</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">109,909</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(-)
    Provision for expected loss</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">4, 9, 10</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(51,937)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(50,687)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">At
    Fair Value through Other Comprehensive Income</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">134,347</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">126,748</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">134,347</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">126,748</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">At
    Fair Value through Profit or Loss</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">541,074</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">464,682</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">5</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">466,567</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">385,099</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Derivatives</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">6, 7</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">72,845</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">78,208</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,662</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,375</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 9pt">Insurance
    contracts</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">86</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Tax
    assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">62,357</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">59,645</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    tax and social contribution - current</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,242</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,647</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    tax and social contribution - deferred</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">24b I</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">54,044</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">51,634</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,071</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">6,364</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">19,719</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">17,474</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Investments
    in associates and joint ventures</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">11</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,880</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,443</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Fixed
    assets, net</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">13</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,938</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,767</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Goodwill and Intangible
    assets, net</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">14</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23,921</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23,114</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Total
    assets</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,434,208</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,321,066</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 41; Options: NewSection -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->1<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; width: 62%"><FONT STYLE="font-family: Arial; font-size: 9pt">Ita&uacute; Unibanco Holding
    S.A.</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 9pt">Consolidated Balance Sheet</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="color: #003399; font-size: 9pt; font-style: italic; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 9pt">(In
    millions of reais)</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Liabilities
    and stockholders' equity</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial Liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,912,522</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,836,690</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">At
    Amortized Cost</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,840,419</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">1,755,498</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Deposits</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">15</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">923,281</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">871,438</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities
    sold under repurchase agreements</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">17a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">319,099</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">293,440</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interbank
    market funds</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">17b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">318,382</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">294,587</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Institutional
    market funds</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">17c</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">118,689</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">129,382</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">160,968</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">166,651</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">At
    Fair Value through Profit or Loss</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">68,231</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">77,508</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Derivatives</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">6, 7</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">67,326</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">76,861</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Structured
    notes</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">16</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">86</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">64</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">819</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">583</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Provision
    for Expected Loss</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">10</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">3,872</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">3,684</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Loan
    commitments</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">3,094</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,874</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial
    guarantees</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">778</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">810</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 9pt">Insurance
    contracts and private pension</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">249,769</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">233,126</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Provisions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">29</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">20,140</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">19,475</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Tax
    liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">24c</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">7,360</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">6,773</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    tax and social contribution - current</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,826</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,950</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    tax and social contribution - deferred</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">24b II</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">494</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">345</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">4,040</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">3,478</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">18b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">55,476</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">47,895</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Total
    liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,245,267</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,143,959</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Total
    stockholders&rsquo; equity attributed to the owners of the parent company</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">178,853</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">167,717</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Capital</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">19a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">90,729</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">90,729</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Treasury
    shares</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">19a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(109)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(71)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Capital
    reserves</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">19c</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,273</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,480</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Revenue
    reserves</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">19c</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">96,273</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">86,209</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    comprehensive income</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(10,313)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(11,630)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Non-controlling
    interests</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">19d</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">10,088</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">9,390</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Total
    stockholders&rsquo; equity</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">188,941</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">177,107</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Total
    liabilities and stockholders' equity</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,434,208</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">2,321,066</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>


<!-- Field: Page; Sequence: 42 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->2<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; width: 59%"><FONT STYLE="font-family: Arial; font-size: 8pt">Ita&uacute; Unibanco Holding
    S.A.</FONT></TD>
    <TD STYLE="text-align: center; width: 6%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 8pt">Consolidated Statement of Income</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="color: #003399; font-size: 9pt; font-style: italic; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 8pt">(In
    millions of reais, except for number of shares and earnings per share information)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">04/01
    to 06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">04/01
    to 06/30/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">01/01
    to 06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">01/01
    to 06/30/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt">Operating Revenues</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">40,122</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">35,446</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">76,173</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">70,011</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Interest
    and similar income</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">21a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">54,303</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">47,248</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">111,549</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">84,127</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Interest
    and similar expenses</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">21b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(41,923)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(21,543)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(81,576)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(46,025)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Income
    of Financial Assets and Liabilities at Fair Value through Profit or Loss</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">21c</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,805</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,477</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">11,917</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,879</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Foreign
    exchange results and exchange variations in foreign transactions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,567</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(12,084)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">5,842</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">351</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Commissions
    and Banking Fees</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">22</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">11,174</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">11,282</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">22,229</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">21,958</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Income
    from Insurance Contracts and Private Pension</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,698</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,213</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">3,431</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">2,458</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Operating
    Income from Insurance Contracts and Private Pension, net of Reinsurance</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,620</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,335</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">3,154</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">2,730</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Financial
    Income from Insurance Contracts and Private Pension, net of Reinsurance</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(8,234)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(3,622)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(13,990)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(9,509)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Income
    from Financial Assets related to Insurance Contracts and Private Pension</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,312</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">3,500</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">14,267</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">9,237</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Other
    income</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,498</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">853</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">2,781</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">2,263</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Expected
    Loss from Financial Assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(7,857)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(7,019)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(16,029)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(13,235)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Expected
    Loss with Loan and Lease Operations</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">10c</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(8,204)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(7,023)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(16,286)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(13,716)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Expected
    Loss with Other Financial Asset, net</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">347</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">257</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">481</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Operating
    Revenues Net of Expected Losses from Financial Assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">32,265</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">28,427</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">60,144</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">56,776</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Other
    operating income / (expenses)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(21,358)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(18,535)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(41,000)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(37,722)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">General
    and administrative expenses</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">23</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(18,968)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(16,409)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(36,298)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(33,229)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    expenses</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,635)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,257)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(5,094)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(4,789)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Share
    of profit or (loss) in associates and joint ventures</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">11</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">245</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">131</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">392</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">296</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Income
    / (loss) before income tax and social contribution</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">10,907</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">9,892</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">19,144</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">19,054</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Current
    income tax and social contribution</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">24a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(3,587)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,634)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(5,832)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(4,769)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Deferred
    income tax and social contribution</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">24a</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,609</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">352</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">3,151</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">277</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Net
    income / (loss)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">8,929</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">7,610</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">16,463</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">14,562</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Net
    income attributable to owners of the parent company</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">25</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,619</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">7,298</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">15,974</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">13,966</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Net
    income / (loss) attributable to non-controlling interests</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">19d</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">310</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">312</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">489</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">596</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: #B7B7B7 0.5pt solid; border-bottom: #B7B7B7 0.5pt solid; width: 59%"><FONT STYLE="font-family: Arial; font-size: 8pt">Earnings
    per share - basic</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 6%"><FONT STYLE="font-family: Arial; font-size: 8pt">25</FONT></TD>
    <TD STYLE="text-align: left; width: 8%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left; width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="color: white; text-align: left; width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="color: white; text-align: left; width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.88</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.74</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.63</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.43</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Preferred</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.88</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.74</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.63</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.43</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Earnings
    per share - diluted</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">25</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.87</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.74</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.62</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.42</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Preferred</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.87</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">0.74</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.62</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1.42</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Weighted
    average number of outstanding shares - basic</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">25</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Preferred</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,841,653,914</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,842,752,798</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,837,567,276</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,838,833,377</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Weighted
    average number of outstanding shares - diluted</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">25</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Common</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,958,290,359</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Preferred</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,912,392,609</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,899,092,078</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,891,767,691</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4,875,507,563</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 43 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->3<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; width: 55%"><FONT STYLE="font-family: Arial; font-size: 8pt">Ita&uacute; Unibanco Holding
    S.A.</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 9%"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 8pt">Consolidated Statement of Comprehensive
    Income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="color: #003399; font-size: 9pt; font-style: italic; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 8pt">(In
    millions of reais)</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">04/01
    to 06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">04/01
    to 06/30/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">01/01
    to 06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">01/01
    to 06/30/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt">Net income / (loss)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,929</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">7,610</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">16,463</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">14,562</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Financial
    assets at fair value through other comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3,689</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(2,867)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3,607</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(2,702)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Change
    in fair value</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">6,100</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(7,008)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">5,590</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(4,435)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(1,372)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">2,249</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(1,413)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,187</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">(Gains)
    / losses transferred to income statement</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(1,890)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">3,439</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(1,037)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">992</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">851</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(1,547)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">467</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(446)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Hedge</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">271</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(163)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">321</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(224)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Cash
    flow hedge</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">7</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">70</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">60</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">147</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(278)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Change
    in fair value</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">122</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">117</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">277</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(468)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(52)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(57)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(130)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">190</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Hedge
    of net investment in foreign operation</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">7</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">201</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(223)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">174</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">54</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Change
    in fair value</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">383</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(416)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">336</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">128</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(182)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">193</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(162)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(74)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Insurance
    contracts and private pension</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(440)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">419</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(486)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">713</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Change
    in discount rate</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(734)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">711</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(833)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,209</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">294</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(292)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">347</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(496)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">Remeasurements
    of liabilities for post-employment benefits <SUP>(1)</SUP></FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(2)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(13)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(6)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Remeasurements</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt">26</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(14)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Tax
    effect</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">11</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">5</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Foreign
    exchange variation in foreign investments</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,009)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">1,507</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,112)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">(2,792)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Total
    other comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,503</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(1,106)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,317</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(5,011)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Total
    comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">10,432</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">6,504</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">17,780</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">9,551</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Comprehensive
    income attributable to the owners of the parent company</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">10,122</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">6,192</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">17,291</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">8,955</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: black 1pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 8pt">Comprehensive
    income attributable to non-controlling interests</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">310</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">312</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">489</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt">596</FONT></TD></TR>
  <TR>
    <TD COLSPAN="6" STYLE="font-size: 9pt; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 8pt">1) Amounts that will
    not be subsequently reclassified to income.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 8pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 44 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->4<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 7pt">
  <TR STYLE="vertical-align: middle">
    <TD width="28%" STYLE="color: #EC7000; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 7pt">Ita&uacute; Unibanco
    Holding S.A.</FONT></TD>
    <TD width="2%" STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
  </TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="16" STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 7pt">Consolidated Statement
    of Changes in Stockholders&rsquo; Equity</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="16" STYLE="color: #003399; font-size: 9pt; font-style: italic"><FONT STYLE="font-family: Arial; font-size: 7pt">(In
    millions of reais)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Note</FONT></TD>
    <TD COLSPAN="10" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Attributed
    to owners of the parent company</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    stockholders&rsquo; equity &ndash; owners of the parent company</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    stockholders&rsquo; equity &ndash; non-controlling interests</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Capital</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Treasury
    shares</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Capital
    reserves</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Revenue
    reserves</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Retained
    earnings</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Other
    comprehensive income</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Financial
    assets at fair value through other comprehensive income <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-family: Arial; font-size: 7pt">Insurance
    contracts and private pension</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Remeasurements
    of liabilities of post-employment benefits</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">Conversion
    adjustments of foreign investments</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Gains
    and losses &ndash;&nbsp;&nbsp;hedge <SUP>(2)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="font-weight: bold; border-bottom: #CCCCCC 0.5pt solid; width: 1%"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    -&nbsp;01/01/2022</FONT></TD>
    <TD STYLE="width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">90,729</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">(528)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">2,250</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">65,985</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">(2,542)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">(1,486)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">6,531</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">(8,393)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">152,546</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt">11,612</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 5%"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">164,158</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Transactions
    with owners</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">457</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(162)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">295</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(1,281)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(986)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: top; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Result
    of delivery of treasury shares</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">19, 20</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">457</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">64</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">521</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">521</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: bottom; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Recognition
    of share-based payment plans</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(226)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>

    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(226)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(226)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: bottom; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">(Increase)
    / Decrease to the owners of the parent company</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">2d I, 3</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(1,281)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(1,281)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Dividends</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(301)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(301)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Interest
    on capital</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(4,041)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(4,041)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(4,041)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Unclaimed
    dividends and Interest on capital</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">79</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">79</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">79</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Corporate
    reorganization</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(775)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(775)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(775)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">Other
    <SUP>(3)</SUP></FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">356</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">356</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">356</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">13,898</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,702)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">713</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(6)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,792)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(224)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">8,887</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">596</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">9,483</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Net
    income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">13,966</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">13,966</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">596</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">14,562</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Other
    comprehensive income for the period</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(68)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(2,702)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">713</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(2,792)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(224)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(5,079)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(5,079)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Appropriations:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Legal
    reserve</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">723</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(723)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Statutory
    reserve</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">9,213</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(9,213)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="font-weight: bold; border-top-color: #CCCCCC; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    -&nbsp;06/30/2022</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">90,729</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(71)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">2,088</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">75,502</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(5,244)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">713</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(1,492)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">3,739</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(8,617)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">157,347</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">10,626</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">167,973</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Change
    in the period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">457</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(162)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">9,517</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,702)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">713</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(6)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,792)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(224)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">4,801</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(986)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">3,815</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="font-weight: bold; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    -&nbsp;01/01/2023</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">90,729</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(71)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">2,480</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">86,209</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(5,984)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">796</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(1,520)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">3,505</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(8,427)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">167,717</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">9,390</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">177,107</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Transactions
    with owners</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(38)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(207)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(245)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">596</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">351</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: top; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Acquisition
    of treasury shares</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">19, 20</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(689)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(689)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(689)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: top; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Result
    of delivery of treasury shares</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">19, 20</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">651</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(7)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">644</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">644</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: bottom; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Recognition
    of share-based payment plans</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(200)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(200)</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(200)</FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: bottom; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">(Increase)
    / Decrease to the owners of the parent company</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">2d I, 3</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">596</FONT></TD>
    <TD STYLE="vertical-align: middle; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">596</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Dividends</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(387)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(387)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Interest
    on capital</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(6,214)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(6,214)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(6,214)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Unclaimed
    dividends and Interest on capital</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">47</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Corporate
    reorganization</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">2d I, 3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(193)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(193)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">(193)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">Other
    <SUP>(3)</SUP></FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">450</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">450</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">450</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">15,974</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">3,607</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(486)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(13)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,112)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">321</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">17,291</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">489</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">17,780</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Net
    income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">15,974</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">15,974</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">489</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">16,463</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Other
    comprehensive income for the period</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">3,607</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(486)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(2,112)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">321</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">1,317</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">1,317</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Appropriations:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Legal
    reserve</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">818</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(818)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-top: #CCCCCC 0.5pt solid; border-bottom: #CCCCCC 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Statutory
    reserve</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">8,989</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">(8,989)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="font-weight: bold; border-top-color: #CCCCCC; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 7pt">Total
    -&nbsp;06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">90,729</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(109)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">2,273</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">96,273</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,377)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">310</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(1,533)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">1,393</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(8,106)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">178,853</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">10,088</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">188,941</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">Change
    in the period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(38)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(207)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">10,064</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">3,607</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(486)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(13)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">(2,112)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">321</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">11,136</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">698</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">11,834</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="16" STYLE="font-size: 9pt"><FONT STYLE="font-family: Arial; font-size: 7pt">1) Includes the share in other comprehensive
    income of investments in associates and joint ventures related to financial assets at fair value through other comprehensive income.<BR>
    2) Includes cash flow hedge and hedge of net investment in foreign operation.<BR>
    3) Includes Argentina&acute;s hyperinflation adjustment.</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="16" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 7pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 45 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->5<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; width: 62%"><FONT STYLE="font-family: Arial; font-size: 9pt">Ita&uacute; Unibanco Holding
    S.A.</FONT></TD>
    <TD STYLE="width: 10%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #003399; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 9pt">Consolidated Statement of Cash Flows</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="color: #003399; font-size: 9pt; font-style: italic; vertical-align: top"><FONT STYLE="font-family: Arial; font-size: 9pt">(In
    millions of reais)</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="vertical-align: middle"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">01/01
    to 06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">01/01
    to 06/30/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">Adjusted net income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">50,770</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">66,439</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Net
    income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">16,463</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">14,562</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Adjustments
    to net income:</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">34,307</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">51,877</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Share-based
    payment</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(142)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(158)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Effects
    of changes in exchange rates on cash and cash equivalents</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">9,116</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">30,615</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Expected
    loss from financial assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">16,029</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">13,961</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    from interest and foreign exchange variation from operations with subordinated debt</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,252</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(549)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial
    income from insurance contracts and private pension</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">13,990</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">9,509</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Depreciation
    and amortization</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,899</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,356</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; text-align: justify; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Expense
    from update / charges on the provision for civil, labor, tax and legal obligations</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">541</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">769</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Provision
    for civil, labor, tax and legal obligations</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,141</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,849</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Revenue
    from update / charges on deposits in guarantee</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(460)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(534)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Deferred
    taxes (excluding hedge tax effects)</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">24b</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(852)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">305</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; text-align: justify; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    from share in the net income of associates and joint ventures and other investments</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(392)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(296)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    from financial assets - at fair value through other comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(1,037)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">992</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; text-align: justify; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    from interest and foreign exchange variation of financial assets at fair value through other comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(7,687)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(6,643)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Income
    from interest and foreign exchange variation of financial assets at amortized cost</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(1,721)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(1,500)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Gain)
    / loss on sale of investments and fixed assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(6)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">23</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">631</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,207</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Change
    in assets and liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">6,908</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">15,040</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Increase)
    / decrease in assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interbank
    deposits</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">756</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">11,614</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities
    purchased under agreements to resell</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23,242</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,244</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Compulsory
    deposits with the Central Bank of Brazil</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(21,001)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(7,759)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Loan
    operations</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(6,327)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(50,459)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Derivatives
    (assets / liabilities)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(3,851)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,526</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial
    assets designated at fair value through profit or loss</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(81,468)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(10,054)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(3,875)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(837)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    tax assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(302)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">161</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(3,217)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(6,530)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Decrease)
    / increase in liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Deposits</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">51,843</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(21,679)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Deposits
    received under securities repurchase agreements</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">25,659</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(7,529)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Funds
    from interbank markets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23,795</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">82,238</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Funds
    from institutional markets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(337)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">3,000</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    financial liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(5,447)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">11,843</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Financial
    liabilities at fair value throught profit or loss</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">23</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(26)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-family: Arial; font-size: 9pt">Insurance
    contracts and private pension</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">2,167</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(4,808)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Provisions</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,760</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,225</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Tax
    liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,328</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">456</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Other
    liabilities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,158</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">15,143</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Payment
    of income tax and social contribution</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(4,998)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(3,729)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Net
    cash from / (used in) operating activities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">57,678</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">81,479</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; text-align: justify; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Dividends
    / Interest on capital received from investments in associates and joint ventures</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">250</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">39</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Cash
    upon sale of fixed assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">61</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">22</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Mutual
    rescission of intangible assets agreements</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">53</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Purchase)
    / Cash from the sale of financial assets at fair value through other comprehensive income</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">1,170</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">647</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Purchase)
    / redemptions of financial assets at amortized cost</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(21,303)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(46,647)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Purchase)
    of investments in associates and joint ventures</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(171)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(528)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Purchase)
    of fixed assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(973)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(853)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">(Purchase)
    of intangible assets</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">14</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(2,999)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(2,963)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Net
    cash from / (used in) investment activities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">(23,912)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">(50,282)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Subordinated
    debt obligations redemptions</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(11,608)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(8,705)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Change
    in non-controlling interests stockholders</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">596</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(1,281)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Acquisition
    of treasury shares</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(689)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Result
    of delivery of treasury shares</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">586</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">453</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Dividends
    and interest on capital paid to non-controlling interests</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(387)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(301)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Dividends
    and interest on capital paid</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(4,993)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(3,229)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Net
    cash from / (used in) financing activities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">(16,495)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">(13,063)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Net
    increase / (decrease) in cash and cash equivalents</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-family: Arial; font-size: 9pt">2d III</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">17,271</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">18,134</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Cash
    and cash equivalents at the beginning of the period</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">104,257</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">103,887</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Effects
    of changes in exchange rates on cash and cash equivalents</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(9,116)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">(30,615)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Cash
    and cash equivalents at the end of the period</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">112,412</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt; font-style: normal; font-weight: 700">91,406</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Cash</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">30,636</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">33,839</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interbank
    deposits</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">7,074</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">6,358</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Securities
    purchased under agreements to resell - Collateral held</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">74,702</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">51,209</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; text-align: justify; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Additional
    information on cash flow (Mainly operating activities)</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interest
    received</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">108,131</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">107,756</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Interest
    paid</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">59,376</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">44,193</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Non-cash
    transactions</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Loans
    transferred to assets held for sale</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Increase
    of Equity Interest in ITA&Uacute; CHILE</FONT></TD>
    <TD><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">961</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial; font-size: 9pt">Dividends
    and interest on capital declared and not yet paid</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 9pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">4,865</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 9pt">3,376</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="font-size: 9pt; text-align: left"><FONT STYLE="font-family: Arial; font-size: 9pt">The accompanying notes
    are an integral part of these consolidated financial statements.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 46 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->6<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 11pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>Ita&uacute; Unibanco Holding S.A.</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Notes to the Consolidated Financial Statements</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="color: #003399"><B>At&nbsp;06/30/2023 and&nbsp;12/31/2022&nbsp;for
balance sheet accounts and from 01/01 to&nbsp;06/30 of&nbsp;2023 and&nbsp;2022&nbsp;for income statement&nbsp;</B></FONT>&nbsp;&nbsp;<FONT STYLE="color: #003399">&nbsp;</FONT></P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><I>(In millions of reais, except when indicated)</I></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 1 - Operations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Ita&uacute; Unibanco Holding S.A.&nbsp;(ITA&Uacute; UNIBANCO
HOLDING) is a publicly held company, organized and existing under the laws of Brazil. The head office is located at Pra&ccedil;a Alfredo
Egydio de Souza Aranha, n&deg; 100, in the city of S&atilde;o Paulo, state of S&atilde;o Paulo, Brazil.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;has a presence in&nbsp;18&nbsp;countries
and territories and offers a wide variety of financial products and services to personal and corporate customers in Brazil and abroad,
not necessarily related to Brazil, through its branches, subsidiaries and international affiliates. It offers a full range of banking
services, through its different portfolios: commercial banking; investment banking; real estate lending; loans, financing and investment;
leasing and foreign exchange business. Its operations are divided into three segments: Retail Business, Wholesale Business and Activities
with the Market + Corporation. Further detailed segment information is presented in Note 30.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;is a financial holding
company controlled by Ita&uacute; Unibanco Participa&ccedil;&otilde;es S.A. (&#8220;IUPAR&#8221;), a holding company which owns 51.71%
of ITAU UNIBANCO HOLDING's&nbsp;common shares, and which is jointly controlled by (i) Ita&uacute;sa S.A. (&#8220;ITA&Uacute;SA&#8221;),
a holding company controlled by members of the Egydio de Souza Aranha family, and (ii) Companhia E. Johnston de Participa&ccedil;&otilde;es
(&#8220;E. JOHNSTON&#8221;), a holding company controlled by the Moreira Salles family. Ita&uacute;sa also directly holds&nbsp;39.21%
of ITA&Uacute; UNIBANCO HOLDING&#8217;s common shares.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These consolidated financial statements were approved by
the Board of Directors on&nbsp;August 07, 2023.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 2 - Significant accounting policies</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Basis of preparation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Consolidated Financial Statements of&nbsp;ITA&Uacute;
UNIBANCO HOLDING were prepared in accordance with the requirements and guidelines of the National Monetary Council (CMN), which require
that as from December 31, 2010 annual Consolidated Financial Statements are prepared in accordance with the International Financial Reporting
Standards (IFRS), as issued by the International Accounting Standards Board (IASB).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These Consolidated Financial Statements were prepared in
accordance with IAS 34 &#8211; Interim Financial Reporting, with the option of presenting the Complete Consolidated Financial Statements
in lieu of the Condensed Consolidated Financial Statements.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the preparation of these Consolidated Financial Statements,&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;adopted the criteria for recognition, measurement and disclosure established in the IFRS and in the interpretations
of the International Financial Reporting Interpretation Committee (IFRIC).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The information in the financial statements and accompanying
notes evidences all relevant information inherent in the financial statements, and only them, which is consistent with information used
by management in its administration.</P>


<!-- Field: Page; Sequence: 47 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->7<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) New accounting standards changes and
interpretations of existing standards</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Accounting standards applicable for
period ended June 30, 2023</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IFRS
17 &#8211; Insurance Contracts: The pronouncement replaces IFRS 4 &#8211; Insurance Contracts. IFRS 17 is applicable to all insurance
and reinsurance contracts held as from January 1, 2023, with a transition date of January 1, 2022 for comparative purposes. The modified
retrospective approach was adopted.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Transition to IFRS 17</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The main changes identified by&nbsp;ITA&Uacute; UNIBANCO
HOLDING due to the adoption of IFRS 17 are related to the aggregation and measurement of insurance contracts and private pension. Further
details on the material accounting policies adopted are included in Note 2d.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify; color: #EC7000"><B>(i) Aggregation and Measurement
of Insurance Contracts and Private Pension </B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">IFRS 17 requires that insurance contracts be grouped
in portfolios considering similar risks, their management, the contract issue period and the expected profitability at the time of initial
recognition. The groups of insurance contracts and private pension are made up of contracts issued in the quarter, which corresponds to
the publication period.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;grouped insurance
and health products in the Insurance portfolio and supplementary pension plans in the Private Pension portfolio.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">The Insurance portfolio is made up mainly of products
which cover life and property, divided into groups of contracts with the coverage period of each contract is one year or less and contracts
of the coverage period longer.&nbsp;The Private Pension portfolio is made up of products with coverage for survival and risk of death
and disability, comprising three groups: risk coverage plans and survival plans with and without direct participation features.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">For measurement of the groups of insurance contracts
and private pension,&nbsp;ITA&Uacute; UNIBANCO HOLDING adopts the three measurement approaches: BBA, VFA and PAA, considering the characteristics
of the existing insurance contracts and private pension:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Building
Block Approach (BBA): applicable to all insurance contracts without direct participation features, corresponds to the standard model.&nbsp;ITA&Uacute;
UNIBANCO HOLDING applied this approach to insurance&nbsp;contracts and private pension with coverage over 1 year or which are onerous.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Variable
Fee Approach (VFA): applicable to insurance contracts with direct participation features that are substantially investment-related service
contracts with which an entity promises a return on investment based on the underlying items.&nbsp;ITA&Uacute; UNIBANCO HOLDING applied
this approach to the Free Benefit Generating Plan (PGBL) and Free Benefit Generating Life Plan (VGBL) private pension plans, since the
contributions made by insured parties have a return based on the profitability of the investment fund specially organized in which funds
are invested.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Premium
Allocation Approach (PAA): applicable to insurance contracts lasting up to 12 months or when they produce results similar to those that
would be obtained if the standard model were used.&nbsp;ITA&Uacute; UNIBANCO HOLDING applied this approach to insurance contracts whose
coverage periods are equal to or less than one year.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">The initial recognition of groups of insurance contracts
and private pension is performed by the total of:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Contractual
service margin, which represents the unearned profit that will be recognized as it provides insurance contract service in the future.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Fulfillment
cash flows, composed of the present value of estimated cash inflows and outflows of funds over the period covered by the portfolio, risk
adjusted for non-financial risk. The risk adjustment for non-financial risk is the compensation that the entity requires for bearing the
uncertainty about the amount and timing of the cash flows that arises from non-financial risk.</P>


<!-- Field: Page; Sequence: 48 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->8<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">The Assets and Liabilities of insurance contracts and
private pension are subsequently segregated between:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Asset
or Liability for Remaining Coverage: represented by the fulfillment cash flows related to future services and the contractual service
margin. The appropriation of the contractual service margin and losses (or reversals) in onerous contracts are recognized in the Operating
Income from Insurance Contracts and Private Pension, net of Reinsurance. In the Private Pension PGBL and VGBL portfolios, the contractual
service margin is recognized according to the provision of the management service and insurance risks, and in the other portfolios, recognition
is on a straight-line basis over the term of the contract.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Asset
or Liability for Incurred Claims: represented by the fulfillment cash flows referring to services already provided, that are, amounts
pending financial settlement related to claims and other expenses incurred. Changes in the fulfillment cash flows, including those arising
from an increase in the amount recognized due to claims and expenses incurred in the period, are recognized in the Operating Income from
Insurance Contracts and Private Pension, net of Reinsurance.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;opted for the modified
retrospective approach, using reasonable and supportable information to measure the insurance contracts and private pension in effect
on the transition date.&nbsp;ITA&Uacute; UNIBANCO HOLDING used the permitted modification and opted for a single grouping of contracts
in accordance with its products and portfolios. In addition,&nbsp;ITA&Uacute; UNIBANCO HOLDING estimated future cash flows on the transition
date, adjusting them with historical information prior to that date. Regarding discount rates, their averages for the period between 2015
and 2021 were considered. The insurance contractual margin was established after applying the risk adjustment for non-financial risk to
the future cash flows determined.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">For portfolios of insurance contracts and private pension,
measured under the Building Block Approach - BBA,&nbsp;ITA&Uacute; UNIBANCO HOLDING opted for recognizing changes in discount rates in
Other Comprehensive Income, that is, the Financial Income from Insurance Contracts and Private Pension will be segregated between Other
Comprehensive Income and income for the period, with no effect on the transition date. In the other approaches, VFA and PPA, the financial
income is fully recognized in income for the period.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify; color: #EC7000"><B>(ii) Redesignation of Financial
Assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">As IFRS 17 changed the measurement of insurance contracts,
which are now recognized at the present value of the obligation,&nbsp;ITA&Uacute; UNIBANCO HOLDING partially redesignated, on the transition
date and as permitted by the standard, the business model of financial instruments that were classified at Amortized Cost to Fair Value
through Other Comprehensive Income. This business model aims at maximizing the results of financial assets through sales in windows of
opportunity, in addition to the receipt of principal and interest, thus allowing for better symmetry between assets and liabilities.</P>

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">01/01/2022</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">01/01/2022
    after redesignations</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 26%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Classification</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Amortized
    Cost</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 18%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Classification</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 15%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Fair
    value adjustments (in stockholders&rsquo; equity)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Fair
    Value</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Securities</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">Brazilian
    government securities</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">At amortized cost</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">5,371</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">At
    fair value through other comprehensive income</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">5,371</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">(260)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 8pt">5,111</FONT></TD></TR>
  </TABLE>

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold; font-family: Arial, sans-serif; width: 64%"><FONT STYLE="font-size: 8pt">Reconciliation
    of stockholders&rsquo; equity between IFRS 4 and IFRS 17</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 9%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 9%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 9%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 9%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">06/30/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">01/01/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Stockholders'
    equity</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Net
    income</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Stockholders'
    equity</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Stockholders'
    equity</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Opening balance in accordance with IFRS
    4</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">167,848</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">14,703</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">177,343</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">164,476</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Measurement of fulfillment cash flows
    with insurance contracts and private pension portfolios <FONT STYLE="font-family: Arial, sans-serif; font-style: normal; font-weight: 400"><SUP>(1)</SUP></FONT></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">668</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(222)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">236</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(319)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Redesignation of financial assets related
    to insurance contracts <FONT STYLE="font-family: Arial, sans-serif; font-style: normal; font-weight: 400"><SUP>(2)</SUP></FONT></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(431)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(593)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(260)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Deferred taxes on adjustments</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">(112)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">81</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">121</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">261</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total
    adjustments</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">125</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">(141)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">(318)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Balance according to IFRS
    17</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">167,973</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">14,562</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">177,107</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">164,158</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font: 9pt Arial, sans-serif; text-align: justify"><FONT STYLE="font-size: 8pt">1) Calculation of fulfillment
    cash flows with contracts and contractual service margin according to the modified retrospective approach.<BR>
    2) Change in the financial asset measurement model due to its redesignation with the adoption of IFRS 17.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 49 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->9<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="text-align: center; font: 9pt Sans-Serif; margin-top: 0; margin-bottom: 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 9pt; color: #EC7000; font-weight: bold; font-family: Arial, sans-serif; width: 26%"><FONT STYLE="font-size: 8pt">Ita&uacute;
    Unibanco Holding S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 11%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 12%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 11%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 12%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 9pt; color: #003399; font-weight: bold; font-family: Arial, sans-serif; background-color: white"><FONT STYLE="font-size: 8pt">Consolidated
    Balance Sheet</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-bottom: 9pt; color: #003399; font: italic 9pt Arial, sans-serif; vertical-align: top"><FONT STYLE="font-size: 8pt">(In
    millions of reais)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">Assets</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">IFRS
    4</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Reclassifications
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Remeasurements
    <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">IFRS
    17</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">IFRS
    4</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Reclassifications
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Remeasurements
    <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">IFRS
    17</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">01/01/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">01/01/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Balance</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-size: 8pt">Cash</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">35,381</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">35,381</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">44,512</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">44,512</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Financial
    assets</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,172,726</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.914)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(593)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,170,219</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1,915,573</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.579)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(260)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1,913,734</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">At
    Amortized Cost</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,586,992</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(8.203)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,578,789</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,375,782</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(6.950)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,368,832</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">At
    Fair Value through Other Comprehensive Income</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">121,052</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">6,289</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(593)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">126,748</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">105,622</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">5,371</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(260)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">110,733</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">At
    Fair Value through Profit or Loss</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">464,682</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">464,682</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">434,169</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">434,169</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt; background-color: white"><FONT STYLE="font-size: 8pt">Insurance
    contracts</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">23</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">23</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">68</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">68</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Tax
    assets</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">59,480</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">165</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">59,645</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">58,433</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">261</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">58,694</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Income
    tax and social contribution - current</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,647</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,647</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,636</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,636</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Income
    tax and social contribution - deferred</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">51,469</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">165</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">51,634</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50,831</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">261</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">51,092</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Other</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">6,364</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">6,364</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">5,966</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">5,966</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Other
    assets</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">17,529</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(55)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">17,474</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">16,494</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(53)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">16,441</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Investments,
    Fixed asseis, Goodwill and lntangible assets</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">38,324</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">38,324</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">34,194</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">34,194</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total
    assets</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,323,440</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.946)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(428)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,321,066</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,069,206</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.564)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,067,643</FONT></TD></TR>
  <TR>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 9pt Arial, sans-serif; vertical-align: top; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; vertical-align: middle"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: bottom; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">Liabilities
    and stockholders' equity</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">IFRS
    4</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Reclassifications
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Remeasurements
    <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">IFRS
    17</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">IFRS
    4</FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Reclassifications
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Remeasurements
    <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; vertical-align: middle; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">IFRS
    17</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">01/01/2022</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">01/01/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Balance</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Balance</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Financial Liabilities</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,836,690</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,836,690</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,621,786</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">1,621,786</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: #B7B7B7 0.5pt solid; border-bottom: #B7B7B7 0.5pt solid"><FONT STYLE="font-size: 8pt">Insurance
    contracts and private pension</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">235,150</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.788)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">233,126</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">214,976</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.439)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">319</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">213,856</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Provisions
    and Other liabilities</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">67,519</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(149)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">67,370</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">61,722</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(125)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">61,597</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Tax
    liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">6,738</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">44</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">6,773</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">6,246</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">6,246</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Incarne
    tax and social contribution - current</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">2,950</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">2,950</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">2,450</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">2,450</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Incarne
    tax and social contribution - deferred</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">345</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">345</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">280</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">280</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Other</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">3,443</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(9)</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">44</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">3,478</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,516</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 400">3,516</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Total
    liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,146,097</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.946)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(192)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,143,959</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1,904,730</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.564)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">319</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1,903,485</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Total
    stockholders' equity attributed to the owners of the parent company <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">167,953</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">167,717</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">152,864</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(318)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">152,546</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Non-controlling
    interests</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">9,390</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">9,390</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">11,612</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">11,612</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: #B7B7B7 0.5pt solid; border-top-color: #B7B7B7; border-top-width: 0.5pt"><FONT STYLE="font-size: 8pt">Total
    stockholders' equity</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">177,343</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(236)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">177,107</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">164,476</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(318)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">164,158</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total
    liabilities and stockholders' equity</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,323,440</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.946)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(428)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,321,066</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,069,206</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(1.564)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">1</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">2,067,643</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="9" STYLE="font: 9pt Arial, sans-serif; text-align: justify"><FONT STYLE="font-size: 8pt">1) Refer to the redesignation
    of assets and liabilities related to the insurance and private pension contracts, as well as the redesignation of related financial
    assets.<BR>
    2) Refer to the calculation of cash flows from compliance with the portfolios of insurance and private pension contracts and adjustment
    to the fair value of redesignated financial assets.<BR>
    3) The effects arising from the adoption of IFRS 17 and Redesignation of Financial Assets, net of taxes, were recognized under Revenue
    Reserves (R$ (815) at 12/31/2022 and R$ (319) at 01/01/2022) and Other Comprehensive Income (R$ 578 at 12/31/2022 and R$ 1 at 01/01/2022).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Amendments
to IAS 1 &#8211; Presentation of Financial Statements:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify"><B>Information on accounting policies</B> - requires
that only information about material accounting policies is&nbsp;disclosed, eliminating disclosures of information that duplicate or summarize
IFRS requirements. These amendments are effective for the years beginning January 1<SUP>st</SUP>, 2023 and they have no financial impacts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Amendments
to IAS 8 - Accounting Policies, Changes in Accounting Estimates and Errors &#8211; Include the definition of accounting estimates: monetary
amounts subject to uncertainties in their measurement. Expected credit loss and the fair value of an asset or liability are examples of
accounting estimates. This change is effective for the years beginning January 1<SUP>st</SUP>, 2023 and there are no impacts for the Consolidated
Financial Statements of ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Amendments
to IAS 12 &#8211; Income Taxes:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">Deferred taxes on leasing operations - Require that
the lessee recognizes deferred taxes arising from temporary differences generated in the initial recognition of right-of-use assets&nbsp;and
lease liabilities, in compliance with the tax legislation.</P>


<!-- Field: Page; Sequence: 50 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->10<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">Pillar Two Model Rules - Introduces a temporary exception
to the recognition and disclosure of effects of the Pillar Two Model Rules issued by the Organization for Economic Cooperations and Development
(OECD), of which Brazil is not an effective member.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">These amendments are effective for years beginning
January&nbsp;1<SUP>st</SUP>, 2023 and there are no impacts on the Consolidated Financial Statements of ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Accounting standards recently issued
and applicable in future periods</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Amendments
to IAS 1 &#8211; Presentation of Financial Statements:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify"><B>Segregation between Current and Non-current Liabilities</B>
- clarifies when to consider contractual conditions (covenants) that may affect the unconditional right to defer the settlement of the
liabilities for at least 12 months after the reporting period and includes disclosure requirements for liabilities with covenants classified
as non-current. These changes are effective for fiscal years starting January 1<SUP>st</SUP>, 2024, with retrospective application. Analyses
regarding possible changes in disclosure will be completed by the date the standard becomes effective.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Critical accounting estimates and judgments</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The preparation of Consolidated Financial Statements in accordance
with the IFRS requires Management to make estimates and assumptions that affect the reported amounts of assets, liabilities, and contingent&nbsp;liabilities
at the date of the Financial Statements, due to uncertainties and the high level of subjectivity involved in the recognition and measurement
of certain items. Estimates and judgments that present a significant risk and may have a material impact on the values &#8203;&#8203;of
assets and liabilities are disclosed below. Actual results may differ from those established by these estimates and judgments.</P>

<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="2" STYLE="color: #EC7000; font-weight: bold; border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Topic</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="border-top: black 0.5pt solid; width: 63%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Consolidation</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 37%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c I and 3</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fair value of financial instruments</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c II and 28</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Effective interest rate</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c III, 5, 8, 9 and 10</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Change to financial assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c IV, 5, 8, 9 and 10</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer and write-off of financial assets</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c V, 5, 8, 9 and 10</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected credit loss</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c VI, 8, 9, 10 and 32</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Goodwill impairment</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c VII and 14</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Deferred income tax and social contribution</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c VIII and 24</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Defined benefit pension plan</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c IX and 26</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Provisions, contingencies and legal obligations</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c X and 29</FONT></TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Insurance and private pension contracts</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2c XI and 27</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Consolidation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Subsidiaries are all those in which&nbsp;ITA&Uacute; UNIBANCO
HOLDING&#8217;s&nbsp;involvement exposes it or entitles it to variable returns and where&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;can affect
these returns through its influence on the entity. The existence of control is assessed continuously. Subsidiaries are consolidated from
the date control is established to the date on which it ceases to exist.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The consolidated financial statements are prepared using
consistent accounting policies. Intercompany asset and liability account balances, income accounts and transaction values have been eliminated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Fair value of financial instruments
not traded in active markets, including derivatives</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The fair value of financial instruments, including derivatives
that are not traded in active markets, is calculated by using valuation techniques based on assumptions that consider market information
and conditions. The main assumptions are: historical data and information on similar transactions. For more complex or illiquid instruments,
significant judgment is necessary to determine the model used with the selection of specific inputs and, in certain cases, evaluation
adjustments are applied to the model amount or price quoted for financial instruments that are not actively traded.</P>


<!-- Field: Page; Sequence: 51 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->11<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Effective interest rate</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For the&nbsp;calculation of the effective interest rate,
ITA&Uacute; UNIBANCO HOLDING estimates cash flows considering all contractual terms of the financial instrument, but without considering
future credit losses. The calculation includes all commissions paid or received between parties to the contract, transaction costs, and
all other premiums or discounts.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Interest revenue is calculated by applying the effective
interest rate to the gross carrying amount of a financial asset. In the case of purchased or originated credit impaired financial assets,
the adjusted effective interest rate is applied, taking into account the expected credit loss, to the amortized cost of the financial
asset.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Modification of financial assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The factors used to determine whether there has been substantial
modification of a contract are: evaluation if there is a renegotiation that is not part of the original contractual terms, significant&nbsp;change
to contractual cash flows and significant extensions of the term of the transaction due to the debtor's financial constraints, significant
changes to the interest rate and change to the currency in which the transaction is denominated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>V - Transfer and write-off of financial
assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When there are no reasonable expectations of recovery of
a financial asset, considering historical curves, its total or partial write-off is carried out concurrently with the use of the related
allowance for expected credit loss, with no material effects on the Consolidated Statement of Income of ITA&Uacute; UNIBANCO HOLDING.
Subsequent recoveries of amounts previously written off are accounted for as income in the Consolidated Statement of Income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Thus, financial assets are written off, either totally or
partially, when there is no reasonable expectation of recovering a financial asset or when&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;substantially
transfers all risks and benefits of ownership and said transfer is qualified to be written off.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VI - Expected credit loss</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The measurement of expected credit loss requires the application
of significant assumptions and use of quantitative models. Management exercises its judgment in the assessment of the adequacy of the
expected loss amounts resulting from models and, according to its experience, makes adjustments that may result from certain client&#8217;
credit condition or temporary adjustments resulting from situations or new circumstances that have not been reflected in the modeling
yet.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The main assumptions are:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Term
to maturity</B>: ITA&Uacute; UNIBANCO HOLDING considers the maximum contractual period during which it will be exposed to a financial
instrument&#8217;s credit risk. However, the estimated useful life of assets that do not have fixed maturity date is based on the period
of exposure to credit risk. Additionally, all contractual terms are taken into account when determining the expected life, including prepayment
and rollover options.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Prospective
information: </B>IFRS 9 requires a balanced and impartial estimate of credit loss that includes forecasts of future economic conditions.
ITA&Uacute; UNIBANCO HOLDING uses macroeconomic forecasts and public information with projections prepared internally to determine the
impact of these estimates on the calculation of expected credit loss. The main prospective information used to determine the expected
loss is related to Selic Rate, Credit Default Swap (CDS), unemployment rate, Gross Domestic Product (GDP), wages, industrial production
and retail sales.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Macroeconomic
scenarios:&nbsp;</B>This information involves inherent risks, market uncertainties and other factors that may give rise to results different
from those expected.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Probability-weighted
loss scenarios:</B>&nbsp;ITA&Uacute; UNIBANCO HOLDING uses weighted scenarios to determine credit loss expected over a suitable observation
horizon adequate to classification in stages, considering the projection based on economic variables.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Determining
criteria for significant increase or decrease in credit risk</B>: ITA&Uacute; UNIBANCO HOLDING determines triggers (indicators) of significant
increase&nbsp;in the credit risk of a financial asset&nbsp;since its initial recognition. The migration of the financial asset to an earlier
stage occurs with a consistent reduction in credit risk, mainly characterized by the non-activation of credit deterioration triggers for
at least 6 months. Triggers are determined&nbsp;on</P>


<!-- Field: Page; Sequence: 52 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->12<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">an individual or collective basis. For collective assessment
purposes, financial assets are grouped based on characteristics of shared credit risk, considering the type of instrument, credit risk
classifications, initial recognition date, remaining term, industry,&nbsp;among other significant factors.&nbsp;&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VII - Goodwill impairment</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The review of goodwill due to impairment reflects the Management's
best estimate for future cash flows of Cash Generating Units (CGU), with the identification of the CGU and estimate of their fair value
less costs to sell and/or value in use.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To determine this estimate,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;adopts
the discounted cash flow methodology for a period of 5 years, macroeconomic assumptions, growth rate and discount rate.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The discount rate generally reflects financial and economic
variables, such as the risk-free interest rate and a risk premium.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Cash-Generating Units or CGU groups are identified at the
lowest level at which goodwill is monitored for internal management purposes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VIII - Deferred income tax and social
contribution</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Deferred tax assets are recognized only in relation to deductible
temporary differences, tax losses and social contribution loss carryforwards for offset only to the extent that it is probable that&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;will generate future taxable profit for its use. The expected realization of deferred tax assets is based on the
projection of future taxable profits and technical studies.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IX - Defined benefit pension plans</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The current amount of pension plans is obtained from actuarial
calculations, which use assumptions such as discount rate, which is appropriated at the end of each year and used to determine the present
value of estimated future cash outflows. To determine the appropriate discount rate,&nbsp;ITA&Uacute; UNIBANCO HOLDING considers the interest
rates of National Treasury Notes that have maturity terms similar to the terms of the respective liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The main assumptions for Pension plan obligations are partly
based on current market conditions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>X - Provisions and contingencies</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;periodically reviews its
provisions and contingencies which are evaluated based on management&acute;s best estimates, taking into account the opinion of legal
counsel when there is a likelihood that financial resources will be required to settle the obligations and the amounts may be reasonably
estimated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Contingencies classified as probable losses are recognized
in the Balance Sheet under Provisions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Contingent amounts are measured using appropriate models
and criteria that permit their measurement, despite the uncertainty&nbsp;inherent in timing and amounts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XI - Insurance contracts and private pension</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To estimate fulfillment cash flows and expected profitability
(contractual service margin),&nbsp;ITA&Uacute; UNIBANCO HOLDING uses actuarial models and assumptions, exercising judgment mainly to establish:
(i) the aggregation of contracts; (ii) the period of service provided; (iii) discount rate; (iv) actuarial calculation models; (v) risk
adjustment for&nbsp;non-financial risk&nbsp;models and confidence levels; (vi) the group's level of profitability; and (vii) contract
coverage unit. The main assumptions used are: (i) inflow assumptions: contributions, grants, and premiums; (ii) outflow assumptions: conversion
rates into income, redemptions, cancellation rate and loss ratio; (iii) discount rate; (iv) biometric tables; and (v) risk adjustment
for non-financial risk.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Regarding the assessment components separation of an insurance
contract, the investment component that exists in ITA&Uacute; UNIBANCO HOLDING&#8217;s private pension contracts of is highly interrelated
with the insurance component, that is, the investment component (accumulation phase) is necessary to measure the payments to be made to
the insured party (benefit granting phase).</P>


<!-- Field: Page; Sequence: 53 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->13<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The assumptions used in the measurement of insurance contracts
and private pension are reviewed periodically and are based on best practices and analysis of the experience of ITA&Uacute; UNIBANCO HOLDING.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The discount rate used by&nbsp;ITA&Uacute; UNIBANCO HOLDING
to bring the projected cash flows from insurance contracts and private pension to present value is obtained by building a Term Structure
of Free Interest Rates with internal modeling, which represents a set of vertices that contain the expectation of an interest rate associated
with a term (or maturity). In addition to considering the characteristics of the indexing units of each portfolio (IGPM, IPCA and TR),
the discount rate has a component that aims at reflecting the differences between the liquidity characteristics of the financial instruments
that substantiate the rates observed in the market and the liquidity characteristics of insurance contracts (a &#8220;bottom-up&#8221;
approach).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Specifically for insurance products, cash flows are projected
using the method known as the run-off triangle on a quarterly basis. For private pension plans, cash flows are projected based on assumptions
applicable to the product.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Risk adjustment for non-financial risk is obtained by resampling
based on claims data by grouping, using the Monte Carlo statistical method. Resampling is brought to present value using the discount
rate applied to future cash flows. Based on this, percentiles proportional to the confidence level are calculated, determined in an interval
between 60% and 70%, depending on the group.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Biometric tables represent the probability of death, survival
or disability of an insured party. For&nbsp;death and survival estimates, the latest Brazilian Market Insurer Experience tables (BR-EMS)
are used, adjusted by the criterion of development of longevity expectations of the G Scale, and for the estimates of entry into disability,
the &Aacute;lvaro Vindas table is used.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The conversion rate into income reflects the historical expectation
of converting the balances accumulated by insured parties into retirement benefits, and the decision is influenced by behavioral, economic
and tax factors.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Summary of main accounting practices</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Consolidation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.I - Subsidiaries</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In accordance with IFRS 10 - Consolidated Financial Statements,
subsidiaries are all entities in which&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;holds control.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the 3rd quarter of 2018,&nbsp;ITA&Uacute; UNIBANCO HOLDING
started&nbsp;adjusting the financial statements of its subsidiaries in Argentina to reflect the effects of hyperinflation, pursuant to
IAS 29 - Financial Reporting in Hyperinflationary Economies.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>


<!-- Field: Page; Sequence: 54 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->14<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">The following table shows
    the main consolidated companies, which together represent over 95% of total consolidated assets, as well as the interests of ITA&Uacute;
    UNIBANCO HOLDONG in their voting capital:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Functional
    Currency <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Incorporation
    Country</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Activity</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Interest
    in voting capital %</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Interest
    in total capital %</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 31%"><FONT STYLE="font-size: 8pt">In Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 10%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 18%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 9%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 6%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; BBA S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; Consignado S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Itaucard S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Cia. Ita&uacute; de Capitaliza&ccedil;&atilde;o</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Premium Bonds</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Dibens Leasing S.A. - Arrendamento Mercantil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Leasing</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Financeira Ita&uacute; CBD S.A. Cr&eacute;dito, Financiamento
    e Investimento</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Consumer finance credit</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Hipercard Banco M&uacute;ltiplo S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Ita&uacute; Corretora de Valores S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Securities Broker</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Ita&uacute; Seguros S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Insurance</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Ita&uacute; Unibanco S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Ita&uacute; Vida e Previd&ecirc;ncia S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Pension plan</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Luizacred S.A. Sociedade de Cr&eacute;dito, Financiamento
    e Investimento</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Consumer finance credit</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">50.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Redecard Institui&ccedil;&atilde;o de Pagamento S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Brazil</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Acquirer</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Foreign</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Ita&uacute; Colombia S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Colombian peso</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Colombia</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">65.27%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">65.27%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">65.27%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">65.27%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; (Suisse) S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Swiss franc</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Switzerland</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; Argentina S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Argentine peso</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; Paraguay S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Guarani</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Paraguay</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; Uruguay S.A.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Uruguayan peso</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Uruguay</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Itau Bank, Ltd.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Real</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Cayman Islands</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Itau BBA International plc</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">US Dollar</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">United Kingdom</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Financial institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Itau BBA USA Securities Inc.</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">US Dollar</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">United States</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-size: 8pt">Securities Broker</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">100.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Banco Ita&uacute; Chile</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Chilean
    peso</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Chile</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Financial
    institution</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">65.62%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">65.62%</FONT></TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">65.62%</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">65.62%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="font: 9pt Arial, sans-serif; text-align: justify"><FONT STYLE="font-size: 8pt">1) All overseas offices of
    ITA&Uacute; UNIBANCO HOLDING have the same functional currency as the parent company, except for Ita&uacute; Chile New York Branch
    and Ita&uacute; Unibanco S.A. Miami Branch, which use the US dollar.</FONT></TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 55 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->15<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.II - Business combinations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In general, a business consists of an integrated set of activities
and assets that may be conducted and managed so as to provide a return, in the form of dividends, lower costs or other economic benefits,
to investors or other stockholders, members or participants. If there is goodwill in a set of activities and assets transferred, it is
presumed to be a business.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The acquisition method is used to account for business combinations,
except for those classified as under common control.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Acquisition cost is measured at the fair value of the assets
transferred, equity instruments issued and liabilities incurred or assumed at the acquisition date. Acquired assets and assumed liabilities
and contingent liabilities identifiable in a business combination are initially measured at fair value at the date of acquisition, regardless
of the existence of non-controlling interests. When the amount paid, plus non-controlling interests, is higher than the fair value of
identifiable net assets acquired, the difference will be accounted for as goodwill. On the other hand, if the difference is negative,
it will be treated as negative goodwill and the amount will be recognized directly in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.III - Goodwill</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Goodwill is not amortized, but its recoverable value is assessed
semiannually or when there is an indication of impairment loss using an approach that involves the identification of Cash Generating Units
(CGU) and the estimate of its fair value less the cost to sell and/or its value in use.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The breakdown of Goodwill and Intangible assets is described
in Note 14.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.IV - Capital Transactions with non-controlling stockholders</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Changes in an ownership interest in a subsidiary, which do
not result in a loss of control, are accounted for as capital transactions and any difference between the amount paid and the carrying
amount of non-controlling stockholders is recognized directly in stockholders' equity.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Foreign currency translation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>II.I - Functional and presentation currency</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Consolidated Financial Statements of&nbsp;ITA&Uacute;
UNIBANCO HOLDING are presented in Brazilian Reais, its functional and presentation currency. For each subsidiary, joint venture or investment
in associates,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;defines the functional currency as the currency of the primary economic environment
in which the entity operates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II.II - Foreign currency operations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Foreign currency operations are translated into the functional
currency using the exchange rates prevailing on the dates of the transactions. Foreign exchange gains and losses are recognized in the
consolidated statement of income, unless they are related to cash flow hedges and hedges of net investment in foreign operations, which
are recognized in stockholders&#8217; equity.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Cash and cash equivalents</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Defined as cash and current accounts with banks, shown in
the Balance Sheet under the headings Cash, Interbank Deposits and Securities purchased under agreements to resell (Collateral Held) with
original maturities not exceeding 90 days.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Financial assets and liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets and liabilities are offset against each
other and the net amount is reported in the Balance Sheet only when there is a legally enforceable right to offset them and the intention
to settle them on a net basis, or to simultaneously realize the asset and settle the liability.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.I - Initial recognition and derecognition</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets and liabilities are initially recognized
at fair value and subsequently measured at amortized cost or fair value.</P>


<!-- Field: Page; Sequence: 56 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->16<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Regular purchases and sales of financial assets are recognized
and derecognized, respectively, on the trading date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets are partially or fully derecognized when:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>the
contractual rights to the cash flows of the financial asset expire, or</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>ITA&Uacute;
UNIBANCO HOLDING&nbsp;transfers the financial asset and this transfer qualifies for derecognition.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The financial liabilities are derecognized&nbsp;when they
are extinguished, i.e., when the obligation specified in the contract is discharged, cancelled or expires.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>Derecognition of financial assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets are derecognized when ITA&Uacute; UNIBANCO
HOLDING&nbsp;substantially transfers all risks and benefits of its property. In the event it is not possible to identify the transfer
of all risks and benefits, the control should be assessed to determine the continuous involvement related to the transaction.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">If there is a retention of risks and benefits, the financial
asset continues to be recorded and a liability is recognized for the consideration received.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.II Classification and subsequent measurement
of financial assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets are classified in the following categories:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Amortized
cost: used when financial assets are managed to obtain contractual cash flows, consisting solely of payments of principal and interest.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Fair
value through other comprehensive income: used when financial assets are held both for obtaining contractual cash flows, consisting solely
of payments of principal and interest, and for sale.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Fair
value through profit or loss: used for financial assets that do not meet the aforementioned criteria.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The classification and subsequent measurement of financial
assets depend on:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
business model under which they are managed.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
characteristics of their cash flows (Solely Payment of Principal and Interest Test &#8211; SPPI Test).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Business model: </B>represents how financial assets are
managed to generate cash flows and does not depend on the Management&#8217;s intention regarding an individual instrument. Financial assets
may be managed with the purpose of: i) obtaining contractual cash flows; ii) obtaining contractual cash flows and sale; or iii) others.
To assess business models,&nbsp;ITA&Uacute; UNIBANCO HOLDING considers risks that affect the performance of the business model; how the
managers of the business are compensated; and how the performance of the business model is assessed and reported to Management.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When a financial asset is subject to business models i) or
ii) the application of the SPPI Test is required.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>SPPI Test:</B> assessment of cash flows generated by a
financial instrument for the purpose of checking whether they represent solely payments of principal and interest. To fit into this concept,
cash flows should include only consideration for the time value of money and credit risk. If contractual terms introduce risk exposure
or cash flow volatilities, such as exposure to changes in prices of equity instruments or prices of commodities, the financial asset is
classified at fair value through profit or loss. Hybrid contracts must be assessed as a whole, including all embedded characteristics.
The accounting of a hybrid contract that contains an embedded derivative is performed on a joint basis, i.e. the whole instrument is measured
at fair value through profit or loss.</P>


<!-- Field: Page; Sequence: 57 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->17<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Amortized cost</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Amortized cost is the amount at which the financial asset
or liability is measured at initial recognition, plus adjustments made under the effective interest method, less repayments&nbsp;of principal
and interest, and any provision for expected credit loss.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Fair value</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Fair value is the price that would be received for the sale
of an asset or that would be paid for the transfer of a liability in an orderly transaction between market participants on the measurement
date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;classifies the fair value
hierarchy according to the relevance of data observed in the measurement process.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Details of the fair value of financial instruments, including
Derivatives, and of the hierarchy of fair value are given in Note 28.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The adjustment to fair value of financial assets and liabilities
is recognized:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>In
stockholders' equity for financial assets and liabilities measured at fair value through other comprehensive income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>In
the Consolidated Statement of Income, under the heading Income of Financial Assets and Liabilities at Fair Value through Profit or Loss,
for the other financial assets and liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Average cost is used to determine the gains and losses realized
on disposal of financial assets at fair value, which are recorded in the Consolidated Statement of Income as Interest and similar income
and Income of Financial Assets and Liabilities at Fair Value through Profit or Loss. Dividends on assets at fair value through other comprehensive
income are recognized in the Consolidated Statement of Income as Interest and similar income when it is probable that ITA&Uacute; UNIBANCO
HOLDING&nbsp;'s&nbsp;right to receive such dividends is assured.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Equity instruments</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">An equity instrument is any contract that evidences a residual
interest in an entity&#8217;s assets, after the deduction of all its liabilities, such as Shares and Units.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;subsequently measures all
its equity instruments at fair value through profit or loss, except when Management opts, on initial recognition, to irrevocably designate
an equity instrument at fair value through other comprehensive income when it is held for a purpose other than only generating returns.
When this option is selected, gains and losses on the fair value of the instrument are recognized in the Consolidated Statement of Comprehensive
Income and are not subsequently reclassified to the Consolidated Statement of Income, even on sale. Dividends continue to be recognized
in the Consolidated Statement of Income as Interest and similar income, when ITA&Uacute; UNIBANCO HOLDING&#8217;s right to receive them
is assured.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Gains and losses on equity instruments measured at fair value
through profit or loss are recorded in the Consolidated Statement of Income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Expected credit loss&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;makes a forward-looking
assessment of the expected credit loss on financial assets measured at amortized cost or through other comprehensive income, loan commitments
and financial guarantee contracts:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Financial
assets:</B> loss is measured at present value of the difference between contractual cash flows and the cash flows that&nbsp;ITA&Uacute;
UNIBANCO HOLDING expects to receive.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Loan
commitments:</B> expected loss is measured at present value of the difference between contractual cash flows that would be due if the
commitment was drawn down and the cash flows that ITA&Uacute; UNIBANCO HOLDING expects to receive.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; text-indent: 0.25in"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Financial
guarantees: </B>the loss is measured at the difference between the payments expected for refunding the counterparty and the amounts that
ITA&Uacute; UNIBANCO HOLDING expects to recover.&nbsp;</P>


<!-- Field: Page; Sequence: 58 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->18<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;applies a three-stage approach
to measuring the expected credit loss, in which financial assets migrate from one stage to the other in accordance with changes in credit
risk.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Stage
1 &#8211; 12-month expected credit loss: represents default events possible within 12 months. Applicable to financial assets which are
not credit impaired when purchased or originated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Stage
2 &#8211; Lifetime expected credit loss of financial instrument: considers all possible default events. Applicable to financial assets
originated which are not credit impaired when originated or purchased but for which credit risk has increased significantly.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Stage
3 &#8211; Credit loss expected for credit-impaired assets: considers all possible default events. Applicable to financial assets which
are credit impaired when purchased or originated. The measurement of assets classified in this stage is different from Stage 2 due to
the recognition of interest income by applying the effective interest rate to amortized cost (net of provision) rather than to the gross
carrying amount.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">An asset will migrate between stages as its credit risk increases
or decreases. Therefore, a financial asset that migrated to stages 2 and 3 may return to stage 1, unless it was purchased or originated
as a credit impaired financial asset.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Macroeconomic scenarios</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Forward-looking information is based on macroeconomic scenarios
that are reassessed annually or when market conditions so require.&nbsp;Additional information is described in Note&nbsp;32.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Modification of contractual cash flows</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When contractual cash flows of a financial asset are renegotiated
or otherwise modified and this does not substantially change its terms and conditions,&nbsp;ITA&Uacute; UNIBANCO HOLDING does not derecognize
it. However, the gross carrying amount of this financial asset is recalculated as the present value of the renegotiated or changed contractual
cash flows, discounted at the original effective interest rate and a modification gain or loss is recognized in profit or loss. Any costs
or fees incurred adjust the modified carrying amount and are amortized over the remaining term of the financial asset.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">If, on the other hand, the renegotiation or change substantially
modifies the terms and conditions of the financial asset,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;derecognizes the original asset and recognizes
a new one. Accordingly, the renegotiation date is taken as the initial recognition date of the new asset for expected credit loss calculation
purposes, and to determine significant increases in credit risk.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;also assesses if the new
financial asset may be considered as a purchased or originated credit impaired financial asset, particularly when the renegotiation was
motivated by the debtor&#8217;s financial constraints. Differences between the carrying amount of the original asset and fair value of
the new asset are immediately recognized in the Consolidated Statement of Income.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effects of changes in cash flows of financial assets
and other details about methodologies and assumptions adopted by Management to measure the allowance for expected credit loss, including
the use of prospective information, are detailed in Note&nbsp;32.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.III - Classification and subsequent
measurement of financial liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial liabilities are subsequently measured at amortized
cost, except for:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Financial
liabilities at fair value through profit or loss:</B> this classification applied to derivatives and other financial liabilities designated
at fair value through profit or loss to reduce &#8220;accounting mismatches&#8221;.&nbsp;ITA&Uacute; UNIBANCO HOLDING irrevocably designates
financial liabilities at fair value&nbsp;through profit or loss in the initial recognition (fair value option), when the option eliminates
or significantly reduces measurement or recognition inconsistencies.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Loan
commitments and financial guarantees:</B> see details in Note 2d IV.VlIl.&nbsp;</P>


<!-- Field: Page; Sequence: 59 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->19<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Modification of financial liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">A debt instrument change or substantial terms modification
of a financial liability is accounted as a derecognition of the original financial liability and a new one is recognized.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">A substantial change to contractual terms occurs when the
discounted present value of cash flows under the new terms, including any fees paid/received and discounted using the original effective
interest rate, is at least 10% different from discounted present value of the remaining cash flow of the original financial liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.IV - Securities purchased under agreements
to resell</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;purchases financial assets
with a resale commitment (resale agreements) and sells securities with a repurchase commitment (repurchase agreement) of financial assets.
Resale and repurchase agreements are accounted for under Securities purchased under agreements to resell and Securities sold under repurchase
agreements, respectively.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The difference between the sale and repurchase prices is
treated as interest and recognized over the life of the agreements using the effective interest rate method.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The financial assets taken as collateral in resale agreements
can be used as collateral for repurchase agreements if provided for in the agreements or can be sold.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.V -&nbsp;Derivatives</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">All derivatives are accounted for as financial assets when
the fair value is positive and as financial liabilities when the fair value is negative.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The valuation of active hybrid contracts that are subject
to IFRS 9 is carried out as a whole, including all embedded characteristics, whereas the accounting is carried out on a joint basis, i.e.
each instrument is measured at fair value through profit or loss.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When a contract has a main component outside the scope of
IFRS 9, such as a lease agreement receivable or an insurance contract, or even a financial liability, embedded derivatives are treated
as separate financial instruments if:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Their
characteristics and economic risks are not closely related to those of the main component.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
separate instrument meets the definition of a derivative.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
underlying instrument is not booked at fair value through profit or loss.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These embedded derivatives are accounted for separately at
fair value, with variations recognized in the Consolidated Statement of Income as Adjustments to Fair Value of Financial Assets and Liabilities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING will continue applying all the
hedge accounting requirements of IAS 39; however, it may adopt the provisions of IFRS 9, if Management so decides.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">According to this standard, derivatives may be designated
and qualified as hedging instruments for accounting purposes and, the method for recognizing gains or losses of fair value will depending
on the nature of the hedged item.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">At the beginning of a hedging transaction,&nbsp;ITA&Uacute;
UNIBANCO HOLDING documents the relationship between the hedging instrument and the hedged items, as well as its risk management objective
and&nbsp;strategy. The hedge is assessed on an ongoing basis to determine if it has been highly effective throughout all periods of the
Financial Statements for which it was designated.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">IAS 39 describes three hedging strategies: fair value hedge,
cash flow hedge, and hedge of net investments in a foreign operation.&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;uses derivatives as hedging
instruments under all three hedge strategies, as detailed in Note 7.</P>


<!-- Field: Page; Sequence: 60 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->20<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Fair value hedge</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The following practices are adopted for these operations:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
gain or loss arising from the remeasurement of the hedging instrument at fair value is recognized in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
gain or loss arising from the hedged item, attributable to the effective portion of the hedged risk, is applied to the book value of the
hedged item and is also recognized in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When a derivative expires or is sold or a hedge no longer
meets the hedge accounting criteria or in the event the designation is revoked, the hedge accounting must be prospectively discontinued.
In addition, any adjustment to the book value of the hedged item must be amortized in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Cash flow hedge</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For derivatives that are designated and qualify as hedging
instruments in a cash flow hedge, the practices are:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
effective portion of gains or losses on derivatives is recognized directly in Other comprehensive income &#8211; Cash flow hedge.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
portion of gain or loss on derivatives that represents the ineffective portion or on hedge components excluded from the assessment of
effectiveness is recognized in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Amounts originally recorded in Other comprehensive income
and subsequently reclassified to Income are recognized in the caption Income of financial assets and Liabilities at fair value through
profit or loss at the same time that the corresponding income or expense item of the financial hedge item affects income. For non-financial
hedge items, the amounts originally recognized in Other comprehensive income are included in the initial cost of the corresponding asset
or liability.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">When a derivative expires or is sold, when hedge accounting
criteria are no longer met or when the entity revokes the hedge accounting designation, any cumulative gain or loss existing in Other
comprehensive income will be reclassified to income at the time the expected transaction occurs or is no longer expected to occur.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Hedge of net investments in foreign operations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The hedge of a net investment in a foreign operation, including
the hedge of a monetary item that is booked as part of the net investment, is accounted for in a manner similar to a cash flow hedge:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
portion of gain or loss on the hedging instrument determined as effective is recognized in Other comprehensive income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
ineffective portion is recognized in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Gains or losses on the hedging instrument related to the
effective portion of the hedge which are recognized in Other comprehensive income are reclassified to income for the period when the foreign
operation is partially or totally sold.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.VI - Loan operations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;classifies a loan as non-performing
if the payment of the principal or interest has been overdue for 60 days or more. In this case, accrual of interest is no longer recognized.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.VII - Premium bonds plans</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In Brazil, Premium bonds plans are regulated by the insurance
regulator. These plans do not meet the definition of an insurance contract under IFRS 17, and therefore they are classified as a financial
liability at amortized cost under IFRS 9.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Revenue from premium bonds plans is recognized during the
period of the contract and measured as the difference between the amount deposited by the customer and the amount that ITA&Uacute; UNIBANCO
HOLDING&nbsp;has to reimburse.&nbsp;</P>


<!-- Field: Page; Sequence: 61 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->21<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV.VIII - Loan commitments and financial
guarantees</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;recognizes as an obligation
in the Balance Sheet, on the issue date, the fair value of commitments for loans and financial guarantees. The fair value is generally
represented by the fee charged to the customer. This amount is amortized over the term of the instrument and is recognized in the&nbsp;Statement
of Income under the heading Commissions and Banking Fees.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">After issue, if&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;concludes
based on the best estimate, that the expected credit loss in relation to the guarantee issued is higher than the fair value less accumulated
amortization, this amount is replaced by a provision for loss.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>V - Investments in associates and joint
ventures</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>V.I - Associates</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Associates are companies in which the investor has a significant
influence but does not hold control. Investments in these companies are initially recognized at cost of acquisition and subsequently accounted
for using the equity method. Investments in associates and joint ventures include the goodwill identified upon acquisition, net of any
cumulative impairment loss.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>V.II - Joint ventures</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;has joint ventures whereby
the parties that have joint control of the arrangement have rights to the net assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&#8217;s share in profits or
losses of its associates and joint ventures after acquisition is recognized in the Consolidated statement of income. Its share of the
changes in the share in other comprehensive income of corresponding stockholders&#8217; equity of its associates and joint ventures is
recognized in its own capital reserves. The cumulative changes after acquisition are adjusted against the carrying amount of the investment.
When the ITA&Uacute; UNIBANCO HOLDING&#8217;s share of losses in associates and joint ventures is equal to or more than the value of its
interest, including any other receivables, ITA&Uacute; UNIBANCO HOLDING&nbsp;does not recognize additional losses, unless it has incurred
any obligations or made payments on behalf of the associates and joint ventures.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Unrealized profits on transactions between ITA&Uacute; UNIBANCO
HOLDING&nbsp;and its associates and joint ventures are eliminated to the extent of the interest of&nbsp;ITA&Uacute; UNIBANCO HOLDING.
Unrealized losses are also eliminated, unless the transaction provides evidence of impairment of the transferred asset. The accounting
policies on associates and joint ventures entities are changed, as necessary, to ensure consistency with the policies adopted by ITA&Uacute;
UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">If its interest in the associates and joint ventures decreases,
but&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;retains significant influence or joint control, only the proportional amount of the previously
recognized amounts in Other comprehensive income is reclassified in Income, when appropriate.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VI - Lease operations (Lessee)</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;leases mainly real estate
properties (underlying assets) to carry out its business activities. The initial recognition occurs when the agreement is signed, in the
heading Other Liabilities, which corresponds to the total future payments at present value as a counterparty to the right-of-use assets,
depreciated under the straight-line method for the lease term and tested semiannually to identify possible impairment losses.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The financial expense corresponding to interest on lease
liabilities is recognized in the heading Interest and Similar Expense in the Consolidated Statement of Income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VII - Fixed assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Fixed assets are booked at their acquisition cost less accumulated
depreciation, and adjusted for impairment, if applicable. Depreciation is calculated on the straight-line method using rates based on
the estimated useful lives of these assets. Such rates and other details are presented in Note 13.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The residual values and useful lives of assets are reviewed
and adjusted, if appropriate, at the end of each period.</P>


<!-- Field: Page; Sequence: 62 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->22<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;reviews its assets in order
to identify indications of impairment in their recoverable amounts. The recoverable amount of an asset is defined as the higher of its
fair value less the cost to sell and its value in use. For the purposes of assessing impairment, assets are grouped at the lowest level
for which independent cash flows can be identified (cash-generating units). The assessment may be made at an individual asset level when
the fair value less the cost to sell can be reliably determined.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Gains and losses on disposals of fixed assets are recognized
in the Consolidated statement of income under Other income or General and administrative expenses.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>VIII - Intangible assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Intangible assets are non-physical assets, including software
and other assets, and are initially recognized at cost. Intangible assets are recognized when they arise from legal or contractual rights,
their costs can be reliably measured, and in the case of intangible assets not arising from separate acquisitions or business combinations,
it is probable that future economic benefits may arise from their use. The balance of intangible assets refers to acquired assets or those
internally generated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Intangible assets may have definite or indefinite useful
lives. Intangible assets with definite useful lives are amortized using the straight-line method over their estimated useful lives. Intangible
assets with indefinite useful lives are not amortized, but periodically tested in order to identify any impairment.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;semiannually assesses its
intangible assets in order to identify whether any indications of impairment exist, as well as possible reversal of previous impairment
losses. If such indications are found, intangible assets are tested for impairment. The recoverable amount of an asset is defined as the
higher of its fair value less the cost to sell and its value in use. For the purposes of assessing impairment, assets are grouped at the
lowest level for which independent cash flows can be identified (cash-generating units). The assessment may be made at an individual asset
level when the fair value less the cost to sell can be reliably determined.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;uses the cost model to
measure its intangible assets after its initial recognition.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The breakdown of Goodwill and Intangible assets is described
in Note&nbsp;14.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IX - Assets held for sale</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Assets held for sale are recognized in the&nbsp;balance sheet
under the heading&nbsp;Other assets when they are actually repossessed or there is intention to sell. These assets are initially recorded
at the lower of: (i) the fair value of the asset less the estimated selling expenses, or (ii) the carrying amount of the related asset
held for sale.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>X - Income tax and social contribution</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">There are two components of the provision for income tax
and social contribution: current and deferred.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The current component is approximately the total of taxes
to be paid or recovered during the reporting period.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Deferred income tax and social contribution, represented
by deferred tax assets and liabilities, is obtained based on the differences between the tax bases of assets and liabilities and the amounts
reported at the end of each period.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The income tax and social contribution expense is recognized
in the Consolidated statement of income under Income tax and social contribution, except when it refers to items directly recognized in
Other comprehensive income, such as: tax on fair value of financial assets measured at fair value through Other comprehensive income,
post-employment benefits and tax on cash flow hedges and hedges of net investment in foreign operations. Subsequently, these items are
recognized in income upon realization of the gain/loss on the instruments.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Changes in tax legislation and rates are recognized in the
Consolidated statement of income in the period in which they are enacted. Interest and fines are recognized in the Consolidated statement
of income under General and administrative expenses.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To determine the proper level of provisions for taxes to
be maintained for uncertain tax positions, the approach applied, is that a tax benefit is recognized if it is more likely than not that
a position can be sustained, under the assumptions for recognition, detailed in item 2d XIV.&nbsp;</P>


<!-- Field: Page; Sequence: 63 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->23<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XI - Insurance contracts and private pension</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To measure the groups of insurance contracts and private
pension,&nbsp;ITA&Uacute; UNIBANCO HOLDING will use the three measurement approaches below, considering the characteristics of the contracts:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Standard
Model (Building Block Approach - BBA):</B> insurance contracts without direct participation feature with coverage longer than 1 year or
that are onerous. The Insurance portfolio basically includes Life, Health, Credit Life and Housing, the first two of which are onerous.
The Private Pension portfolio includes Traditional Plans and Death and Disability Risk Coverage Plans, the former being onerous. Insurance
contracts and private pension classified as onerous are not actively sold, and the contractual conditions of the life insurance contracts
in force are different and classified as profitable.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Variable
Fee Approach (VFA):</B> PGBL and VGBL private pension plans, whose contributions are remunerated at the fair value of the investment fund
specially organized in which the funds are invested.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Simplified
Model (Premium Allocation Approach - PAA):</B> insurance contracts and reinsurance contracts held, whose coverage periods are equal to
or less than one year, comprising mainly: Personal Accidents and Protected Card. As these are short-term contracts, Liability for Remaining
Coverage are not discounted at present value. However, the cash flows of Liability for Incurred Claims are discounted at present value
and adjusted to reflect non-financial risks, since they have payments that are made one year after a claim occurs.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XII - Post-employment benefits</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING sponsors Defined Benefit Plans
and Defined Contribution Plans, which are accounted for in accordance with IAS 19 &#8211; Benefits to Employees.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;is required to make contributions
to government social security and labor indemnity plans, in Brazil and in other countries where it operates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Pension plans - Defined benefit plans</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The liability or asset, as the case may be, recognized in
the Balance Sheet with respect to a defined benefit plan, corresponds to the present value of defined benefit obligations at the balance
sheet date less the fair value of plan assets. The defined benefit obligations are calculated annually using the projected unit credit
method.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Pension plans - Defined contribution</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For defined contribution plans, contributions to plans made
by ITA&Uacute; UNIBANCO HOLDING, through pension plan funds, are recognized as liabilities, with a counterparty to expenses, when due.
If contributions made exceed the liability for a service provided, it will be accounted for as an asset recognized at fair value, and
any adjustments are recognized in Stockholders&#8217; equity, under Other comprehensive income, in the period when they occur.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Other post-employment obligations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Like defined benefit pension plans, these obligations are
assessed annually by actuarial specialists, and costs expected from these benefits are accrued over the period of employment. Gains and
losses arising from changes in practices and variations in actuarial assumptions are recognized in Stockholders&#8217; equity, under Other
comprehensive income, in the period in which they occur.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XIII - Share-based payments</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Share-based payments are booked for the value of equity instruments
granted based on their fair value at the grant date. This cost is recognized during the vesting period of the instruments right.</P>


<!-- Field: Page; Sequence: 64 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->24<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The total amount to be expensed is determined by reference
to the fair value of the equity instruments excluding the impact of any service commissions and fees and non-market performance vesting
conditions (in particular when an employee remains with the company for specific period of time).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XIV - Provisions, contingent assets and
contingent liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These are possible rights and potential obligations arising
from past events for which realization depends on uncertain future events.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Contingent assets are not recognized in the Financial Statements,
except when the Management of ITA&Uacute; UNIBANCO HOLDING&nbsp;considers that realization is practically certain. In general&nbsp;they
correspond to lawsuits with favorable outcomes in final and unappealable judgments and to the withdrawal of lawsuits as a result of a
settlement payment received or an agreement for set-off against an existing liability.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These contingencies are evaluated based on Management&#8217;s
best estimates, and are classified as:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Probable:
</B>in which liabilities are recognized in the balance sheet under Provisions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Possible:
</B>which are disclosed in the Financial Statements, but no provision is recorded.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Remote:
</B>which require neither a provision nor disclosure.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The amount of deposits in guarantee is adjusted in accordance
with current legislation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XV - Capital</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Common and preferred shares, which for accounting purposes
are equivalent to common shares but without voting rights are classified in Stockholders&#8217; equity. The additional costs directly
attributable to the issue of new shares are included in Stockholders&#8217; equity as a deduction from the proceeds, net of taxes.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XVI - Treasury shares</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Common and preferred shares repurchased are recorded in Stockholders&#8217;
equity under Treasury shares at their average purchase price.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Shares that are subsequently sold, such as those sold to
grantees under&nbsp;ITA&Uacute; UNIBANCO HOLDING's&nbsp;share-based payment scheme, are recorded as a reduction in treasury shares, measured
at the average price of treasury stock held at that date.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The difference between the sale price and the average price
of the treasury shares is recorded as a reduction or increase in Capital Reserves. The cancellation of treasury shares is recorded as
a reduction in Treasury shares against Capital Reserves, at the average price of treasury shares at the cancellation date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XVII - Dividends and interest on capital</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Minimum dividend amounts established in the bylaws are recorded
as liabilities at the end of each year. Any other amount above the mandatory minimum dividend is accounted for as a liability when approved
by of the Board of Directors.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Interest on capital is treated for accounting purposes as
a dividend, and it is presented as a reduction of stockholders' equity in the consolidated financial statements.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Dividends have been and continue to be calculated and paid
on the basis of the financial statements prepared under Brazilian accounting standards and regulations for financial institutions, not
these Consolidated financial statements prepared according to the IFRS.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Dividends and interest on capital are presented in Note&nbsp;19.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XVIII - Earnings per share</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;grants stock options whose
dilutive effect is reflected in diluted earnings per share, with the application of the &#8220;treasury stock method&quot;,&nbsp;whereby
earnings per share are calculated as if all the stock options had been exercised and the proceeds used to purchase shares of&nbsp;ITA&Uacute;
UNIBANCO HOLDING.&nbsp;</P>


<!-- Field: Page; Sequence: 65 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->25<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">Earnings per share are presented in Note&nbsp;25.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XIX - Segment information</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Segment information disclosed is consistent with the internal
reports prepared for the Executive Committee which makes the operational decisions ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING has three reportable segments:
(i) Retail Business, (ii) Wholesale Business&nbsp;and (iii) Market + Corporation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Segment information is presented in Note&nbsp;30.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>XX - Commissions and Banking Fees</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Commissions and Banking Fees are recognized when&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;provides or offers services to customers, in an amount that reflects the consideration&nbsp;ITA&Uacute; UNIBANCO
HOLDING&nbsp;expects to collect in exchange for those services. A five-step model is applied to account for revenues: i) identification
of the contract with a customer; ii) identification of the performance obligations in the contract; iii) determination of the transaction
price; iv) allocation of the transaction price to the performance obligations in the contract; and&nbsp;v) revenue recognition, when performance
obligations agreed upon in agreements with clients are met. Incremental costs and costs to fulfill agreements with clients are recognized
as an expense as incurred.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The main services provided by&nbsp;ITA&Uacute; UNIBANCO HOLDING
are:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Credit
and debit cards: </B>refer mainly to fees charged by card issuers and acquirers for processing card transactions, annuities charged for
the availability and management of credit card; and the rental of Rede machines.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Current
account services:</B> substantially composed of current account maintenance fees, according to each service package granted to the customer;
transfers carried through PIX (Central Bank of Brazil's instant payments system) in corporate packages, withdrawals from demand deposit
account and money order.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Economic,
Financial and Brokerage Advisory:</B> refer mainly to financial transaction structuring services, placement of securities and intermediation
of operations on stock exchanges.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Service revenues related to credit, debit, current account
and economic, financial and brokerage advisory cards are recognized when said services are provided.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Funds
management:</B> refers to fees charged for the management and performance of investment funds and consortia administration.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Credit
operations and financial guarantees provided:</B> refer mainly to advance depositor fees, asset appraisal service and commission on guarantees
provided.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Collection
services:</B> refer to collection and charging services.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Revenue from certain services, such as fees from funds management,
collection and custody, are recognized over the life of the respective agreements, as services are provided.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 3 - Business development</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Banco Ita&uacute; Chile</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; CHILE is controlled as of April 1<SUP>st</SUP>,
2016 by ITA&Uacute; UNIBANCO HOLDING. On the same date, ITA&Uacute; UNIBANCO HOLDING entered into a shareholders&#8217; agreement with
Corp Group, which set forth, among others, the right of ITA&Uacute; UNIBANCO HOLDING and Corp Group to appoint members for the Board of
Directors of ITA&Uacute; CHILE in accordance with their interests in capital stock, and this group of shareholders had the right to appoint
the majority of members of the Board of Directors of ITA&Uacute; CHILE and ITA&Uacute; UNIBANCO HOLDING&nbsp;had the right to appoint
the majority of members elected by this block.</P>


<!-- Field: Page; Sequence: 66 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->26<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">At the Extraordinary Stockholders' Meeting of ITA&Uacute;
CHILE held on July 13, 2021, the capital increase of ITA&Uacute; CHILE in the total amount of CLP 830 billion was approved, through the
issuance of 461,111,111,111 shares, which were fully subscribed, paid in and settled in October and November 2021, after regulatory approvals.
ITA&Uacute; UNIBANCO HOLDING subscribed the total of 350,048,242,004&nbsp;shares for the amount of CLP 630 billion (approximately R$ 4,296),
then holding 56.60% of the capital of&nbsp;ITA&Uacute; CHILE.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On March 22, 2022, ITA&Uacute; UNIBANCO HOLDING, through
its subsidiary CGB II SPA, sold 0.64% (6,266,019,265 shares) of its interest in&nbsp;ITA&Uacute; CHILE for the amount of R$ 64&nbsp;(CLP
9,912 million), then holding 55.96%.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On July 14, 2022, ITA&Uacute; UNIBANCO HOLDING received,
through its affiliates, shares issued by ITA&Uacute; CHILE within the scope of the debt restructuring of companies of the Corp Group,
as approved by the court-supervised reorganization proceeding in the United States (Chapter 11). Accordingly, the equity interest increased&nbsp;to
65.62% and the stockholders&#8217; agreement of ITA&Uacute; CHILE was fully terminated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="background-color: white"><B>Ita&uacute; Colombia
S.A.</B></FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="background-color: white">ITA&Uacute; UNIBANCO
HOLDING, through its subsidiaries Banco Ita&uacute; Chile (ITA&Uacute; CHILE) and Ita&uacute; Holding Colombia S.A.S.,&nbsp;acquired additional
ownership interest of 12.36% (93,306,684 shares) in Ita&uacute;&nbsp;Colombia S.A.'s capital for the amount of R$ 2,219.</FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="background-color: white">The effective acquisitions
and financial settlements occurred on February&nbsp;22, 2022, after obtaining the regulatory authorizations.</FONT></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Non-controlling interest in XP Inc.</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">During 2020 and 2021, ITA&Uacute; UNIBANCO HOLDING carried
out the partial spin-off of the investment held in XP Inc. (XP INC) to a new company (XPart S.A.) which was subsequently merged into XP
INC on October 1, 2021.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On April 29, 2022, as set forth in the original agreement
entered into in May 2017 and after approval by BACEN and regulatory bodies abroad, ITA&Uacute; UNIBANCO HOLDING, through its subsidiary
ITB Holding Brasil Participa&ccedil;&otilde;es Ltda., acquired a minority interest equivalent to 11.36% of XP INC&#8217;s capital, for
the amount of R$ 8,015, and these shares were designated at Fair Value through Other Comprehensive Income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On June 7 and 9, 2022, shares were sold equivalent to 1.40%
of XP INC&#8217;s capital, for the amount of R$ 867 and their fair value of&nbsp; R$ 901.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In April 2023,&nbsp;XP INC cancelled treasury shares, resulting
in an increase in&nbsp;ITA&Uacute; UNIBANCO HOLDING's ownership interest to 10.54% of&nbsp;XP INC's capital.&nbsp;And, on June 26, 2023,
shares equivalent to&nbsp;1.89% of the&nbsp;XP&nbsp;INC's capital were sold for the amout of&nbsp;R$ 1,068&nbsp;and their fair value of
R$ 1,121.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Acquisition of Ideal Holding Financeira S.A.</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On January&nbsp;13, 2022,&nbsp;ITA&Uacute; UNIBANCO HOLDING,
through its subsidiary&nbsp;Ita&uacute; Corretora de Valores S.A., entered into a purchase and sale agreement of up to 100% of capital
of Ideal Holding Financeira S.A. (IDEAL). The purchase will be carried out in two phases over five years. In the first phase,&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;acquired 50.1% of IDEAL&#8217;s total voting capital for R$ 700, starting to hold&nbsp;control of the company. In
the second phase, after five years,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;may exercise the right to purchase the remaining ownership
interest, in order to reach 100% of IDEAL&#8217;s capital.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">IDEAL is a 100% digital broker and currently offers electronic
trading and DMA (direct market access) solutions, within a flexible and cloud-based platform.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The management and development of IDEAL's business will continue
to be autonomous in relation to ITA&Uacute; UNIBANCO HOLDING, according to the terms and conditions of the Shareholders' Agreement for
this transaction and&nbsp;ITA&Uacute; UNIBANCO HOLDING will not have exclusivity in the provision of services.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effective acquisitions and financial settlements occured
on March 31, 2023,&nbsp;after the required regulatory approvals are received.</P>


<!-- Field: Page; Sequence: 67 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->27<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Zup I.T. Servi&ccedil;os em Tecnologia e Inova&ccedil;&atilde;o S.A.</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING, through its controlled company
Redecard Institui&ccedil;&atilde;o de Pagamento S.A. (REDE), acquired, in the period, an additional ownership interest of&nbsp;20.57%
(2,228,342 shares) in the capital of Zup I.T. Servi&ccedil;os em Tecnologia e Inova&ccedil;&atilde;o S.A. (ZUP) for the amount of R$ 199.
The purchase and sale agreement,&nbsp;entered into on October 31,&nbsp;2019, sets forth the acquisition of 100% of the ZUP's capital in
three phases; the first phase, which granted the control acquisition, was performed in March 2020. After the acquisitions in the period,&nbsp;ITA&Uacute;
UNIBANCO HOLDING's final ownership interest in ZUP's total capital is 72.51%. The last phase is scheduled for 2024.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effective acquisitions and financial settlements occurred
on May 31 and June 14, 2023 after the necessary regulatory authorizations were obtained.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 4 - Interbank deposits and securities
purchased under agreements to resell</B></P>


<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; background-color: white">06/30/2023</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; background-color: white">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; background-color: white; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Total</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Securities purchased under agreements to resell <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">216,917</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">29</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">216,946</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">221,726</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">50</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">221,776</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; background-color: white">Collateral held</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">80,137</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">29</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">80,166</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">69,870</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">50</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">69,920</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif; background-color: white">Collateral repledge</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">103,364</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">103,364</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">128,542</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right; background-color: white">128,542</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif; background-color: white">Assets received as collateral with right to sell or repledge</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">5,209</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">5,209</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">14,846</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">14,846</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif; background-color: white">Assets received as collateral without right to sell or repledge</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">98,155</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">98,155</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">113,696</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">113,696</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; background-color: white">Collateral sold</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">33,416</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">33,416</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">23,314</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">23,314</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; background-color: white">Interbank deposits</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">45,106</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">8,213</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">53,319</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">56,672</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">2,914</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; background-color: white">59,586</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; background-color: white"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">262,023</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">8,242</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">270,265</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">278,398</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">2,964</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; background-color: white">281,362</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font: 9pt Arial, sans-serif; border-top: black 1pt solid; text-align: justify">1) The amounts of R$ 7,915 (R$ 14,576 at 12/31/2022) are pledged in guarantee of operations on B3 S.A. - Brasil, Bolsa, Balc&atilde;o (B3) and Central Bank of Brazil and the amounts of R$ 136,780 (R$ 151,856 at 12/31/2022) are pledged in guarantee of repurchase commitment transactions. <BR>
2) Includes losses in the amounts of R$ (21) (R$ (9) at 12/31/2022).</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 68 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->28<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 5 - Financial assets at fair value
through profit or loss and designated at fair value through profit or loss - Securities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Financial assets at fair value through
profit or loss - Securities</B></P>


<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 37%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Adjustments to Fair Value (in Income)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Fair value</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Adjustments to Fair Value (in Income)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Investment funds</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">23,870</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(462)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">23,408</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">33,011</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(520)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">32,491</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Brazilian government securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">309,494</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,303</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">310,797</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">230,924</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(572)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">230,352</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Government securities &ndash; abroad <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,803</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(48)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,755</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8,007</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8,017</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Argentina</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,569</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(51)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,518</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">669</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">673</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Chile</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,794</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,794</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,648</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,647</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Colombia</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">679</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">48</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">727</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">844</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">850</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">United States</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,533</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(47)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,486</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">612</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">610</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Israel</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">456</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">460</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">852</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">860</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Mexico</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">24</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">22</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Paraguay</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">35</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">35</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">40</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">40</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Peru</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Switzerland</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,399</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,400</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,059</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,058</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Uruguay</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">308</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">308</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">261</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">260</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Corporate securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">125,591</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(3,984)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">121,607</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">117,572</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(4,893)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">112,679</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">25,592</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(755)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">24,837</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,931</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,394)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,537</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Rural product note</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,955</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,960</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,484</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,517</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Bank deposit certificates</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">246</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">246</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">360</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">360</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Real estate receivables certificates</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,611</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(70)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,541</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,580</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(100)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,480</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Debentures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">70,166</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,066)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">67,100</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">66,223</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,281)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">62,942</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Eurobonds and other</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,690</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(62)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,628</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,499</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(126)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,373</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Financial bills</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,857</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,857</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,409</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(31)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,378</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Promissory and commercial notes</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,835</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(13)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,822</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,888</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,900</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1,639</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(23)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1,616</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">2,198</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">2,192</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">469,758</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(3,191)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">466,567</TD>
    <TD STYLE="font: 12pt Calibri, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">389,514</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(5,975)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">383,539</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font: 9pt Arial, sans-serif; text-align: justify">1) Financial assets at fair value through profit or loss &ndash; Securities pledged as Guarantee of Funding of Financial Institutions and Customers and Post-employment benefits (Note 26b), were: a) Brazilian government securities R$ 85,220 (R$ 45,746&nbsp;&nbsp;at 12/31/2022), b) Government securities - abroad R$ 2,617 (R$ 317 at 12/31/2022) and c) Corporate securities R$ 5,522 (R$ 14,199 at 12/31/2022), totaling R$ 93,359 (R$ 60,262 at 12/31/2022).</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 69 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->29<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: justify">The cost and fair value per maturity of Financial Assets at Fair Value Through Profit or Loss - Securities were as follows:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 38%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 17%">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 16%">Fair value</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 16%">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">107,179</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">105,764</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">147,563</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">145,722</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Non-stated maturity</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">39,567</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">38,349</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">39,137</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">37,223</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Up to one year</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">67,612</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">67,415</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">108,426</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">108,499</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Non-current</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">362,579</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">360,803</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">241,951</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">237,817</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">From one to five years</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">271,600</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">270,890</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">170,372</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">169,113</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">From five to ten years</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">65,340</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">65,129</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">49,186</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">47,916</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">After ten years</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">25,639</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">24,784</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">22,393</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">20,788</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">469,758</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">466,567</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">389,514</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">383,539</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 20pt; text-align: justify">Financial Assets at Fair Value Through Profit or Loss -
Securities include assets with a fair value of R$ 232,498 (R$ 216,467 at 12/31/2022) that belong to investment funds wholly owned by Ita&uacute;
Vida e Previd&ecirc;ncia S.A. The return of those assets (positive or negative) is fully transferred to customers of our PGBL and VGBL
private pension plans whose premiums (net of fees) are used by our subsidiary to purchase quotas of those investment funds.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Financial assets designated at fair
value through profit or loss - Securities</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Adjustments to Fair Value (in Income)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; width: 47%">Brazilian government securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: center; width: 12%">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 13%">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 13%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right; width: 13%">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">Total</TD>
    <TD STYLE="color: white; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: center">-</TD>
    <TD STYLE="border-top: black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="border-top: black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Adjustments to Fair Value (in Income)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Brazilian government securities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,505</TD>
    <TD COLSPAN="3" STYLE="font-family: Arial, sans-serif; text-align: center">55</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,560</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,505</TD>
    <TD COLSPAN="3" STYLE="border-top: black 0.5pt solid; font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: center">55</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,560</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif; text-align: justify">The cost and fair value by maturity of financial assets designated as fair value through profit or loss - Securities were as follows:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; font-family: Arial, sans-serif; border-top: black 1pt solid">01/01/2023</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">01/01/2022</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair Value</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair Value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Current</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,505</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,560</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Up to one year</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,505</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,560</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,505</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,560</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 70 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->30<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 6 - Derivatives</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;trades in derivative financial
instruments with various counterparties to manage its overall exposures and to assist its customers in managing their own exposures.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Futures -</B> Interest rate and foreign currency futures
contracts are commitments to buy or sell a financial instrument at a future date, at an agreed price or yield, and may be settled in cash
or through delivery. The notional amount represents the face value of the underlying instrument. Commodity futures contracts or financial
instruments are commitments to buy or sell commodities (mainly gold, coffee and orange juice) on a future date, at an agreed price, which
are settled in cash. The notional amount represents the quantity of such commodities multiplied by the future price on the contract date.
Daily cash settlements of price movements are made for all instruments.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Forwards -&nbsp;</B>Interest rate forward contracts are
agreements to exchange payments on a specified future date, based on the variation in market interest rates from trade date to contract
settlement date. Foreign exchange forward contracts represent agreements to exchange the currency of one country for the currency of another
at an agreed price, on an agreed settlement date. Financial instrument forward contracts are commitments to buy or sell a financial instrument
on a future date at an agreed price and are settled in cash.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Swaps -</B> Interest rate and foreign exchange swap contracts
are commitments to settle in cash on a future date or dates the differentials between two specific financial indices (either two different
interest rates in a single currency or two different rates each in a different currency), as applied to a notional principal amount. Swap
contracts shown under Other in the table below correspond substantially to inflation rate swap contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Options - </B>Option contracts give the purchaser, for
a fee, the right, but not the obligation, to buy or sell a financial instrument within a limited time, including a flow of interest, foreign
currencies, commodities, or financial instruments at an agreed price that may also be settled in cash, based on the differential between
specific indices.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Credit Derivatives -</B>&nbsp;Credit derivatives are financial
instruments with value deriving from the credit risk on debt issued by a third party (the reference entity), which permit one party (the
buyer of the hedge) to transfer the risk to the counterparty (the seller of the hedge). The seller of the hedge must pay out as provided
for in the contract if the reference entity undergoes a credit event, such as bankruptcy, default or debt restructuring. The seller of
the hedge receives a premium for the hedge but, on the other hand, assumes the risk that the underlying instrument referenced in the contract
undergoes a credit event, and the seller may have to make payment to the purchaser of the hedge for up to the notional amount of the credit
derivative.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The total value of margins pledged in guarantee by&nbsp;ITA&Uacute;
UNIBANCO HOLDING was&nbsp;R$ 23,314&nbsp;(R$ 13,504&nbsp;at 12/31/2022) and was basically composed of government securities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Further information on parameters used to manage risks, may
be found in Note&nbsp;32 &#8211; Risk and Capital Management.&nbsp;</P>


<!-- Field: Page; Sequence: 71 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->31<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Derivatives Summary</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9" STYLE="font-family: Arial, sans-serif; text-align: justify">See below the composition of the Derivative financial instruments portfolio (assets and liabilities) by type of instrument, stated fair value and maturity date.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 30%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Fair value <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 6%">%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">0-30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">31-90</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">91-180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">181-365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">366-720</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Over 720 days</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Assets</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps &ndash; adjustment receivable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">43,471</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">59.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,330</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,459</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,828</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,351</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,040</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">22,463</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Option agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,046</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15.2%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,264</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">745</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,059</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">956</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">631</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">391</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forwards</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,225</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,914</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">261</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">32</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">319</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">275</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,871</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,313</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,374</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,902</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,966</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">970</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">346</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Other Derivative Financial Instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">913</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1.3%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">676</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">3</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">2</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">215</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">72,845</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">12,501</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,842</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">9,834</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">11,294</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,667</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">23,707</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">% per maturity date</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">17.2%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">6.7%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">13.5%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">15.5%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">14.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">32.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Fair value <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">0-30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">31-90</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">91-180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">181-365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">366-720</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Over 720 days</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps &ndash; adjustment payable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(39,339)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">58.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(838)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,656)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,968)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,409)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,001)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(22,467)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Option agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12,814)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19.0%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(242)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(620)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9,716)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,012)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(668)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(556)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forwards</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,909)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10.3%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,909)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(295)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(290)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,648)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,133)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,385)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,516)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,268)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(888)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(458)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Other Derivative Financial Instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(321)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">0.5%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(29)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(13)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(101)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(166)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(67,326)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(9,151)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(3,663)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(13,214)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(8,700)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(8,661)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(23,937)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">% per maturity date</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">35.6%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font: 9pt Arial, sans-serif; border-top: black 1pt solid">1) Comprises R$ (65) pegged to Libor.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 72 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->32<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 31%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Fair value <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 6%">%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">0-30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">31-90</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">91-180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">181-365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">366-720</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Over 720 days</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Assets</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps &ndash; adjustment receivable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">46,902</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">59.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,866</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,022</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,635</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,842</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,261</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28,276</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Option agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23,671</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">30.3%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,610</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">923</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,443</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,283</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">802</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">610</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forwards</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">601</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.8%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">460</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">74</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">58</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">492</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">461</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,140</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,632</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,095</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">926</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,220</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">995</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">272</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Other Derivative Financial Instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">402</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">0.5%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">28</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">5</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">26</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">341</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">78,208</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">22,572</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,142</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,073</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8,362</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,093</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">29,966</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">% per maturity date</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">28.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">4.0%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">5.2%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">10.7%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">12.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">38.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Fair value <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">0-30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">31-90</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">91-180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">181-365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">366-720</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Over 720 days</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps &ndash;&nbsp;&nbsp;adjustment payable</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(39,068)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">50.8%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,835)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(881)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,241)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,992)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,344)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(23,775)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Option agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(29,882)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">38.9%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,221)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,973)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9,214)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12,900)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(901)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(673)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forwards</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(65)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.1%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(55)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(604)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">0.8%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(594)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,626)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8.6%</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,672)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,722)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(863)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,213)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(707)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(449)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Other Derivative Financial Instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(616)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">0.8%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(219)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(37)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(12)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(53)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(97)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(198)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(76,861)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(8,002)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(5,618)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(11,332)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(17,164)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(9,056)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(25,689)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">% per maturity date</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">10.4%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">7.3%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">14.7%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">22.3%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">11.8%</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">33.5%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font: 9pt Arial, sans-serif; text-align: justify">1) Comprises R$ 24 pegged to Libor.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 73 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->33<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Derivatives by index and Risk Factor</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; width: 30%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; width: 12%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; width: 14%">Off-balance sheet notional amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; width: 16%">Balance sheet account receivable / (received) (payable) / paid</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; width: 14%">Adjustment to fair value (in income / stockholders' equity)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center; width: 14%">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">Future contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">787,988</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">206,287</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">384</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400">Commodities</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">501</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">185,296</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">20,106</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">581,701</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">585</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,304</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">561,747</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,065</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Swap contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,217</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,915</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,132</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,964,744</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">22,079</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">21,392</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">43,471</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">129</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">649</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,778,541</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">20,464</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,740</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">38,204</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">185,425</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,614</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,651</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,265</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,964,744</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(20,862)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(18,477)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(39,339)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,632</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(383)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">266</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(117)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,063</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(19)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,752,479</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(19,647)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(14,498)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(34,145)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">207,570</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(813)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,254)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,067)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Option contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,961,252</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(1,145)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(623)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(1,768)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments &ndash; long position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">288,057</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,879</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">371</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">5,250</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">94,065</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,659</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,170</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,829</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,625</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">65</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(17)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">48</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">161,120</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">303</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(107)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">196</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">31,247</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">852</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(675)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">177</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell &ndash; long position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">685,276</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,990</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(5,194)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">5,796</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">94,732</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,971</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,582)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,389</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">602</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">34</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">569,328</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">275</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">46</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">321</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">20,614</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">723</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">329</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,052</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments &ndash; short position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">280,017</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(4,603)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(1,361)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(5,964)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">89,648</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,523)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,032)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,555)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,015</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(28)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(16)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">160,806</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(212)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">133</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(79)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28,548</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(840)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">526</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(314)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell &ndash; short position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">707,902</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(12,411)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">5,561</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(6,850)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">96,856</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11,144)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,386</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,758)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,155</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(51)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(47)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(98)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">586,926</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(284)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(37)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(321)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">22,965</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(932)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(741)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,673)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Forward operations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,202</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">310</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">316</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchases receivable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,216</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,940</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">7</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,947</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">34</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">34</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,182</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,906</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,914</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchases payable obligations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(2,182)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(2,182)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,182)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,182)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Sales receivable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">311</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,276</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,278</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">199</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">193</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">194</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,065</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,065</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">96</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Sales deliverable obligations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">7,675</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(4,724)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(3)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(4,727)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,065</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,722)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,725)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,610</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">47,568</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(82)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">106</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">24</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">33,430</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">396</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(77)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">319</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,158</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">79</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">41</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">120</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">30,259</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">317</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(118)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">199</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">14,138</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(478)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">183</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(295)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,782</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(45)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(41)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(86)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12,351</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(433)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">224</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(209)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">348,335</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,829</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">394</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,223</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">192,437</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">9,034</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">837</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">9,871</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,662</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">375</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">387</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">189,775</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,659</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">825</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,484</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">155,898</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(7,205)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(443)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(7,648)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,448</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(118)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(101)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">154,450</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,087)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(460)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,547)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Other derivative financial instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,022</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">80</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">512</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">592</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">6,917</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">210</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">703</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">913</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,250</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">49</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">49</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">225</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,424</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">210</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(24)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">186</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">676</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">676</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,105</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(130)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(191)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(321)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">885</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(9)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">146</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(16)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">247</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(106)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(124)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,827</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(163)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(170)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">Asset</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">54,804</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">18,041</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">72,845</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">Liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(52,595)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(14,731)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(67,326)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">2,209</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">3,310</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">5,519</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-weight: bold; font-family: Arial, sans-serif">Derivative contracts mature as follows (in days):</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Off-balance sheet &ndash; notional amount <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">0 - 30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">31 - 180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">181 - 365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Over 365 days</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Future contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">143,025</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">323,582</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">144,670</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">176,711</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">787,988</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swap contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">214,798</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">365,181</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">423,939</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">960,826</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,964,744</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Option contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">319,907</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">682,413</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">932,156</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26,776</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,961,252</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forwards (onshore)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,377</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,150</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">659</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10,202</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,099</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,547</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,493</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28,429</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">47,568</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">114,344</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">119,973</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">82,098</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">31,920</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">348,335</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">Other derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,781</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,219</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">528</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">6,494</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">10,022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font: 9pt Arial, sans-serif">1) Comprises R$ 211,249 pegged to Libor.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 74 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->34<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; width: 30%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; width: 12%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Off-balance sheet notional amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 16%">Balance sheet account receivable / (received) (payable) / paid</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Adjustment to fair value (in income / stockholders' equity)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">Future contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">1,020,605</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">418,886</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,395</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">503</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">385,229</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">29,759</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">601,719</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,702</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,896</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">557,806</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28,315</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Swap contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,948</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,886</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">7,834</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,571,025</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">22,396</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">24,506</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">46,902</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">222</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,509,045</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">20,913</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23,502</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">44,415</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">61,758</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,482</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,003</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,485</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,571,025</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(19,448)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(19,620)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(39,068)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,604</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(180)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">59</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(121)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">609</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,491,476</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,130)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,487)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(36,617)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">77,336</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,133)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,193)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,326)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Option contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,352,201</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(5,960)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(251)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(6,211)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments &ndash; long position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">267,199</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,071</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(665)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">2,406</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">131,529</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,786</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(131)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,655</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,347</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">43</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">36</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">93,795</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">156</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">160</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">39,528</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,086</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(531)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">555</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell &ndash; long position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">419,044</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">20,238</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,027</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">21,265</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">138,899</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,592</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,094</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">20,686</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">904</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">256,483</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">51</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">57</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">22,758</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">577</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(67)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">510</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchase commitments &ndash; short position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">223,496</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(7,997)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">444</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(7,553)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">131,361</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,448)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">155</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4,293)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,000</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(15)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">64,256</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(181)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(186)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">25,879</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,353)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">289</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,064)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Commitments to sell &ndash; short position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">442,462</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(21,272)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(1,057)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(22,329)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">137,322</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(17,467)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1,087)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,554)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">963</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(32)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(22)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">270,585</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(66)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(13)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(79)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33,592</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,707)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3,674)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Forward operations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,755</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">549</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(13)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">536</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchases receivable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">187</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">452</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(4)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">448</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">157</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">157</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">152</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">30</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">295</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">296</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Purchases payable obligations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(30)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(30)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(30)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(30)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Sales receivable</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,901</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">153</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">153</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">126</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">124</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">124</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,769</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Sales deliverable obligations</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">667</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(26)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(9)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(35)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(26)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(25)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">644</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Credit derivatives</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">43,808</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(101)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(11)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(112)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">28,724</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">542</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(50)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">492</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,192</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">71</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">86</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26,532</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">471</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(65)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">406</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">15,084</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(643)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">39</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(604)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,846</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(58)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(58)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(116)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12,238</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(585)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">97</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(488)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">326,100</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(936)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">450</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(486)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">162,554</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">5,808</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">332</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">6,140</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,943</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">341</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">159,611</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,465</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">334</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,799</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">163,546</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(6,744)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">118</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(6,626)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">867</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(81)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(85)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">162,679</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,663)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">122</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6,541)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Other derivative financial instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8,170</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">44</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(258)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(214)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Asset position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">7,261</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">255</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">147</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">402</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,096</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">61</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">61</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,093</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">255</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">85</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">340</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; font-family: Arial, sans-serif">Liability position</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">909</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(211)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(405)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(616)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Shares</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">467</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(4)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Commodities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">47</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Interest</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">301</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(201)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(15)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(216)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-family: Arial, sans-serif">Foreign currency</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">94</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(3)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(385)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(388)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">Asset</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">52,915</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">25,293</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">78,208</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">Liability</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(56,371)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(20,490)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">(76,861)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(3,456)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">4,803</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,347</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-family: Arial, sans-serif; text-align: left">Derivative contracts mature as follows (in days):</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: left"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Off-balance sheet &ndash; notional amount <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">0 - 30</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">31 - 180</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">181 - 365</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Over 365 days</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Future contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">227,878</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">423,571</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">216,999</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">152,157</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,020,605</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Swap contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">267,484</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">151,436</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">176,320</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">975,785</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,571,025</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Option contracts</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">456,100</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">462,790</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">374,678</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">58,633</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,352,201</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Forwards</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,406</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,637</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">706</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,755</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">Credit derivatives</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,912</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,578</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,144</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">25,174</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">43,808</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">116,901</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">111,325</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">55,411</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">42,463</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">326,100</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">Other derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">131</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">637</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,012</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">6,390</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">8,170</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font: 9pt Arial, sans-serif">1) Comprises R$ 247,631 pegged to Libor.&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 75 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->35<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Derivatives by notional amount</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-family: Arial, sans-serif; text-align: justify">See below the composition of the Derivative Financial Instruments portfolio by type of instrument, stated at their notional amounts, per trading location (organized or over-the-counter market) and counterparties.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 21%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Future contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Swap contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Option contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Forwards</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Credit derivatives</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Other derivative financial instruments</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Stock exchange</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">787,988</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,293,401</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,866,888</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">3,937</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">21,135</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">89,150</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Over-the-counter market</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">671,343</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">94,364</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">6,265</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">26,433</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">259,185</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">10,022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Financial institutions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">543,789</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">59,103</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,247</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26,433</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">127,447</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,523</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Companies</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">114,049</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33,728</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">129,791</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,499</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Individuals</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,505</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,533</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,947</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">787,988</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,964,744</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,961,252</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">10,202</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">47,568</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">348,335</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">10,022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Future contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Swap contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Option contracts</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Forwards</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Credit derivatives</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Other derivative financial instruments</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Stock exchange</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,020,604</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">991,559</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1,255,056</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">4,696</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">17,806</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">70,562</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Over-the-counter market</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">579,466</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">97,145</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">59</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">26,002</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">255,538</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">8,170</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Financial institutions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">465,917</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">52,177</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">53</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26,002</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">117,077</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,938</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Companies</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">105,076</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">43,949</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">137,091</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,227</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Individuals</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,473</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,019</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,370</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">1,020,605</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">1,571,025</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">1,352,201</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">4,755</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">43,808</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">326,100</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">8,170</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 76 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->36<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Credit derivatives</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif; text-align: justify">ITA&Uacute; UNIBANCO HOLDING buys and sells credit protection in order to meet the needs of its customers, to manage and mitigate its portfolios' risk.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif; text-align: justify">CDS (credit default swap) is a credit derivative in which, upon a default related to the reference entity, the protection buyer is entitled to receive the amount equivalent to the difference between the face value of the CDS contract and the fair value of the liability on the date the contract was settled, also known as the recovered amount. The protection buyer does not need to hold the reference entity's debt instrument in order to receive the amounts due when a credit event occurs, as per the terms of the CDS contract.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif; text-align: justify">TRS (total return swap) is a transaction in which a party swaps the total return of an asset or of a basket of assets for regular cash flows, usually interest and a guarantee against capital loss. In a TRS contract, the parties do not transfer the ownership of the assets.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif; text-align: justify">ITA&Uacute; UNIBANCO HOLDING assesses the risk of a credit derivative based on the credit ratings attributed to the reference entity by independent credit rating agencies. Investment grade entities are those for which credit risk is rated as Baa3 or higher, as rated by Moody's, and BBB- or higher, by Standard &amp; Poor&rsquo;s and Fitch Ratings.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 38%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Maximum potential of future payments, gross</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Up to 1 year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">From 1 to 3 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">From 3 to 5 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Over 5 years</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By instrument</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">CDS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,464</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,399</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,255</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10,715</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">95</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">TRS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,709</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,709</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total by instrument</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">36,173</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">19,108</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">6,255</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">10,715</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">95</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By risk rating</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Investment grade</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,450</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">68</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,122</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,237</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Below investment grade</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33,723</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,040</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,133</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,478</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total by risk</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">36,173</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">19,108</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">6,255</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">10,715</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">95</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By reference entity</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Brazilian government</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">31,026</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,478</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,300</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,176</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Governments &ndash; abroad</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">187</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">66</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">115</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Private entities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,960</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">624</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,889</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,424</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">23</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total by entity</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">36,173</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">19,108</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">6,255</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">10,715</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">95</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Maximum potential of future payments, gross</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Up to 1 year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">From 1 to 3 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">From 3 to 5 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Over 5 years</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By instrument</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">CDS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,156</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,534</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,368</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,176</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">78</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">TRS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,000</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,000</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total by instrument</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">34,156</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">18,534</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">6,368</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">9,176</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">78</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By risk rating</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Investment grade</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,944</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">218</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">850</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">876</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Below investment grade</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">32,212</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">18,316</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,518</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,300</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">78</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total by risk</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">34,156</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">18,534</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">6,368</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">9,176</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">78</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">By reference entity</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Brazilian government</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">28,988</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,195</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,543</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,172</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">78</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Governments &ndash; abroad</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">280</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">91</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">73</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">116</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif">Private entities</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,888</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,248</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,752</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,888</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total by entity</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">34,156</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">18,534</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">6,368</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">9,176</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">78</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif; text-align: justify">The following table presents the notional amount of credit derivatives purchased. The underlying amounts are identical to those for which ITA&Uacute; UNIBANCO HOLDING has sold credit protection.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 20%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 28%">Notional amount of credit protection sold</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 26%">Notional amount of credit protection purchased with identical underlying amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 26%">Net position</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">CDS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,464)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,395</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(7,069)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">TRS</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(17,709)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(17,709)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(36,173)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">11,395</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(24,778)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount of credit protection sold</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount of credit protection purchased with identical underlying amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Net position</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">CDS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,156)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,652</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8,504)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; text-align: center">TRS</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(16,000)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(16,000)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">(34,156)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">9,652</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">(24,504)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 77 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->37<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>e) Financial instruments subject to offsetting,
enforceable master netting arrangements and similar agreements</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif; text-align: justify">The following tables set forth the financial assets and liabilities that are subject to offsetting, enforceable master netting arrangements and similar agreements, as well as how these financial assets and liabilities have been presented in ITA&Uacute; UNIBANCO HOLDING's consolidated financial statements. These tables also reflect the amounts of collateral pledged or received in relation to financial assets and liabilities subject to enforceable arrangements that have not been presented on a net basis in accordance with IAS 32.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif">Financial assets subject to offsetting, enforceable master netting arrangements and similar agreements:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Gross amount of recognized financial assets <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Gross amount offset in the Balance Sheet</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Net amount of financial assets presented in the Balance Sheet</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Related amounts not offset in the Balance Sheet <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Financial instruments <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Cash collateral received</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; width: 31%">Securities purchased under agreements to resell</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 12%">216,946</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 14%">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 14%">216,946</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 11%">(690)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 11%">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right; width: 7%">216,256</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72,845</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72,845</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,860)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(321)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">53,664</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Gross amount of recognized financial assets <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Gross amount offset in the Balance Sheet</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Net amount of financial assets presented in the Balance Sheet</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Related amounts not offset in the Balance Sheet <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Financial instruments <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Cash collateral received</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid">Securities purchased under agreements to resell</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">221,776</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">221,776</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">(3,930)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">217,846</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">Derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">78,208</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">78,208</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(17,507)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(1,005)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">59,696</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif">Financial liabilities subject to offsetting, enforceable master netting arrangements and similar agreements:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Gross amount of recognized financial liabilities <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Gross amount offset in the Balance Sheet</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Net amount of financial liabilities presented in the Balance Sheet</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Related amounts not offset in the Balance Sheet <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Financial instruments <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">Cash collateral pledged</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid">Securities sold under repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">319,099</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">319,099</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">(19,133)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">299,966</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">67,326</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">67,326</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18,860)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">48,466</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Gross amount of recognized financial liabilities <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Gross amount offset in the Balance Sheet</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Net amount of financial liabilities presented in the Balance Sheet</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Related amounts not offset in the Balance Sheet <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Financial instruments <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Cash collateral pledged</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Securities sold under repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">293,440</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">293,440</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(40,156)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">253,284</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">Derivative financial instruments</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">76,861</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">76,861</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(17,507)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">59,354</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="font: 9pt Arial, sans-serif; text-align: justify">1) Includes amounts of master offset agreements and other such agreements, both enforceable and unenforceable.<BR>
2) Limited to amounts subject to enforceable master offset agreements and other such agreements.<BR>
3) Includes amounts subject to enforceable master offset agreements and other such agreements, and guarantees in financial instruments.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif; text-align: justify">Financial assets and financial liabilities are offset in the balance sheet only when there is a legally enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or realize the asset and settle the liability simultaneously.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="font-family: Arial, sans-serif; text-align: justify">Derivative financial instruments and repurchased agreements not set off in the balance sheet relate to transactions in which there are enforceable master netting agreements or similar agreements, but the offset criteria have not been met in accordance with paragraph 42 of IAS 32 mainly because ITA&Uacute; UNIBANCO HOLDING has no intention to settle on a net basis, or realize the asset and settle the liability simultaneously.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 78 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->38<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 7 - Hedge accounting</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">There are three types of hedge relations: Fair value hedge,
Cash flow hedge and Hedge of net investment in foreign operations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In hedge accounting, the groups of risk factors measured
by&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;are:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Interest
Rate: Risk of loss in transactions subject to interest rate variations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Currency:
Risk of loss in transactions subject to foreign exchange variation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The structure of risk limits is extended to the risk factor
level, where specific limits aim at improving the monitoring and understanding process, as well as avoiding concentration of these risks.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The structures designed for interest rate and exchange rate
categories take into account total risk when there are compatible hedging instruments. In certain cases, management may decide to hedge
a risk for the risk factor term and limit of the hedging instrument.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The other risk factors hedged by the institution are shown
in Note&nbsp;32.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To protect cash flows and fair value of instruments designated
as hedged items,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;uses derivative financial instruments and financial assets. Currently Futures
Contracts, NDF (Non Deliverable Forwards), Forwards, Swaps and Financial Assets are used.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;manages risks through the
economic relationship between hedging instruments and hedged items, where the expectation is that these instruments will move in opposite
directions and in the same proportion, with the purpose of neutralizing risk factors.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 20pt; text-align: justify">The designated coverage ratio is always 100% of the risk
factor eligible for coverage. Sources of ineffectiveness are in general related to the counterparty&#8217;s credit risk and possible mismatches
of terms between the hedging instrument and the hedged item.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Cash flow hedge</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The cash flow hedge strategies of ITA&Uacute; UNIBANCO HOLDING
consist of hedging exposure to variations in cash flows, in interest payment and currency exposure which are attributable to changes in
interest rates on recognized and unrecognized assets and liabilities.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;applies cash flow hedge
strategies as follows:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Interest rate risks:</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of time deposits and repurchase agreements: to hedge fluctuations in cash flows of interest payments resulting from changes in the DI
interest rate, through futures contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of asset transactions: to hedge fluctuations in cash flows of interest receipts resulting from changes in the DI rate, through futures
contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of assets denominated in UF*: to hedge fluctuations in cash flows of interest receipts resulting from changes in the UF*, through swap
contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of Funding: to hedge fluctuations in cash flows of interest payments resulting from changes in the TPM* rate, through swap contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of loan operations: to hedge fluctuations in cash flows of interest receipts resulting from changes in the TPM* rate<B>, </B>through swap
contracts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedge
of repurchase agreements: to hedge fluctuations in cash flows of interest received from changes in Selic (benchmark interest rate), through
futures contracts.</P>


<!-- Field: Page; Sequence: 79 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->39<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Hedging
of expected highly probable transactions: to hedge the risk of variation in the amount of the commitments assumed when resulting from
variation in the exchange rates.</P>

<P STYLE="font: 9pt Arial,sans-serif; margin: 0 0 8pt">*UF &#8211; Chilean unit of account / TPM &#8211; Monetary policy rate</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;does not use the qualitative
method to evaluate the effectiveness or to measure the ineffectiveness of these strategies.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For cash flow hedge strategies,&nbsp;ITA&Uacute; UNIBANCO
HOLDING uses the hypothetical derivative method. This method is based on a comparison of the change in the fair value of a hypothetical
derivative with terms identical to the critical terms of the variable-rate liability, and this change in the fair value is considered
a proxy of the present value of the cumulative change in the future cash flow expected for the hedged liability.&nbsp;</P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 11pt">
  <TR>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Strategies</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Heading</B></FONT></TD>
    <TD COLSPAN="7" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>06/30/2023</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Hedged item</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Hedge instrument</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Book Value</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Variation in value recognized in Other comprehensive income</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Cash flow hedge reserve</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Notional Amount</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Variation in fair value used to calculate hedge ineffectiveness </B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Interest rate risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; width: 11%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 9%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 14%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 7%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 2%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 8%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; width: 31%; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of deposits and repurchase agreements</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities sold under agreements to resell</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">106,589</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(725)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(489)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">107,315</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(725)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of assets transactions</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Loans and lease operations and Securities</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">7,138</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(175)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(175)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">6,966</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(175)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of asset-backed securities under repurchase agreements</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities purchased under agreements to resell</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">33,440</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">888</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">225</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">34,169</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">888</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of loan operations</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Loans and lease operations</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">12,453</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">26</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">12,426</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">27</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of funding</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Deposits</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">9,389</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(33)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(21)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">9,356</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(34)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of assets denominated in UF</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">15,350</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">135</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">135</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">15,215</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">135</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Foreign exchange risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of highly probable forecast transactions</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">300</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(20)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">162</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">274</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(20)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of funding</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Deposits</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">120</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">121</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>68,381</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>116,398</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>97</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>(136)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>185,842</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>97</B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Strategies</B></FONT></TD>
    <TD ROWSPAN="4" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Heading</B></FONT></TD>
    <TD COLSPAN="7" STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>12/31/2022</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="4" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Hedged item</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Hedge instrument</B></FONT></TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Book Value</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Variation in value recognized in Other comprehensive income</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Cash flow hedge reserve</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Notional Amount</B></FONT></TD>
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Variation in fair value used to calculate hedge ineffectiveness </B></FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Assets</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: center; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Liabilities</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Interest rate risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of deposits and repurchase agreements</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities sold under agreements to resell</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">149,300</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1,169</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1,169</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">149,210</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">1,222</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of assets transactions</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Loans and lease operations and Securities</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">6,894</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(367)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(367)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">6,528</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(367)</FONT></TD></TR>
  <TR>
    <TD STYLE="padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of asset-backed securities under repurchase agreements</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities purchased under agreements to resell</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">52,916</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1,508)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1,508)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">50,848</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1,508)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of loan operations</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Loans and lease operations</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">3,283</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(6)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">3,288</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(6)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of funding</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Deposits</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">6,881</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">86</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">86</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">6,967</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">86</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of assets denominated in UF</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Securities</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">7,871</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">16</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">7,853</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">16</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Foreign exchange risk</B></FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of highly probable forecast transactions</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">343</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">4</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">191</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">343</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">4</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Hedge of funding</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">Deposits</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">-</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">360</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1)</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">359</FONT></TD>
    <TD STYLE="white-space: nowrap; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt">(1)</FONT></TD></TR>
  <TR>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>Total</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>70,964</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>156,884</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>(607)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>(420)</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; font-family: Calibri,sans-serif">&nbsp;</TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>225,396</B></FONT></TD>
    <TD STYLE="white-space: nowrap; border-top: black 1pt solid; border-bottom: black 1pt solid; padding-right: 3.5pt; padding-left: 3.5pt; text-align: right; font-family: Calibri,sans-serif"><FONT STYLE="font-family: Arial,sans-serif; font-size: 10pt"><B>(554)</B></FONT></TD></TR>
  </TABLE>
<P STYLE="font: 11pt Calibri,sans-serif; margin: 0 0 8pt">&nbsp;</P>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For strategies of deposits and repurchase agreements to resell,
asset transactions and asset-backed securities under repurchase agreements, the entity frequently reestablishes the coverage ratio, since
both the hedged item and the instruments change over time. This occurs because they are portfolio strategies that reflect the risk management
strategy guidelines approved in the proper authority level.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The remaining balance in the reserve of cash flow hedge for
which the hedge accounting is no longer applied is&nbsp;R$ (233) (R$ 187 at 12/31/2022).</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge Instruments</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variations in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in value&nbsp;&nbsp;recognized in Other comprehensive income&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Amount reclassified from Cash flow hedge reserve to income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 15%">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 15%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 15%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 13%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 18%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">148,450</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">104</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">92</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(28)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,739</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">44</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">289</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">138</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">138</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19,258</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">49</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">59</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">202</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(12)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">72</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(8)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">121</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">185,842</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">202</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">459</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">97</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">97</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(19)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge Instruments</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variations in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in value recognized in Other comprehensive income&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Amount reclassified from Cash flow hedge reserve to income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">206,586</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">31</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">27</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(653)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(706)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">53</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">10,037</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">136</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">646</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,071</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">201</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">85</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">85</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">249</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">378</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">94</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">359</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">54</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(1)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">225,396</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">424</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">685</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(554)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(607)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">53</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">379</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font: 9pt Arial, sans-serif">1) Amounts recorded under heading Derivatives.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 80 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->40<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><BR STYLE="clear: both">
</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Hedge of net investment in foreign
operations</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 10pt; font-family: Arial, sans-serif; text-align: justify">ITA&Uacute; UNIBANCO HOLDING's strategies for net investments in foreign operations consist of hedging the exposure in the functional currency of the foreign operation against the functional currency of head office.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 10pt; font-family: Arial, sans-serif; text-align: justify">The risk hedged in this type of strategy is the currency risk.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 10pt; font-family: Arial, sans-serif; text-align: justify">ITA&Uacute; UNIBANCO HOLDING does not use the qualitative method to evaluate the effectiveness or to measure the ineffectiveness of these strategies.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 10pt; font-family: Arial, sans-serif; text-align: justify">Instead, ITA&Uacute; UNIBANCO HOLDING uses the Dollar Offset Method, which is based on a comparison of the change in fair value (cash flow) of the hedging instrument, attributable to changes in the exchange rate and the gain (loss) arising from variations in exchange rates on the amount of investment abroad designated as the object of the hedge.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Strategies</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedged item</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge instrument</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in value recognized in Other comprehensive income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Foreign currency conversion reserve</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 36%">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 15%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 12%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left; width: 15%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400">Hedge of net investment in foreign operations <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">9,560</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,454)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,454)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">9,818</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,680)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,560</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,454)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,454)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,818</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,680)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Strategies</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedged item</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge instrument</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(2)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in value recognized in Other comprehensive income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Foreign currency conversion reserve</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400">Hedge of net investment in foreign operations <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">8,983</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,836)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,836)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">9,933</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(14,996)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">8,983</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,836)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,836)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,933</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,996)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font: 9pt Arial, sans-serif">1) Hedge instruments consider the gross tax position.<BR>
2) Amounts recorded under heading Derivatives.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">At&nbsp;12/31/2022 the amount of&nbsp;R$ 7,049&nbsp;was reversed
from the hedge relationship, the remaining balance of which in the Foreign currency conversion reserve (Stockholders' equity) is&nbsp;R$
(3,116), with no effect on the result as foreign investments were maintained.</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge instruments</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variations in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in the value recognized in Other comprehensive income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Amount reclassified from foreign currency conversion reserve into income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 26%">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 6%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 14%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 14%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 12%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 14%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Future</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,025</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,667)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,626)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(41)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Future / NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,459</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">100</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">21</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,550)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,373)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(177)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Future / Financial Assets</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">3,334</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">4,534</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1,893</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(6,463)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(6,455)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(8)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,818</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">4,648</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,914</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,680)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,454)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(226)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge instruments</TD>
    <TD COLSPAN="7" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variations in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in the value recognized in Other comprehensive income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Amount reclassified from foreign currency conversion reserve into income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Foreign exchange risk</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Future</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,673</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,751)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(5,710)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(41)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Future / NDF - Non Deliverable Forward</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,186</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">176</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">126</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,521)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(2,411)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(110)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Future / Financial Assets</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">3,074</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">4,380</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1,839</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(6,724)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(6,715)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(9)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,933</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">4,556</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">1,965</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,996)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(14,836)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(160)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font: 9pt Arial, sans-serif">1) Amounts recorded under heading Derivatives.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Fair value hedge</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The fair value hedging strategy of&nbsp;ITA&Uacute; UNIBANCO
HOLDING&nbsp;consists of hedging the exposure to variation in fair value on the receipt and payment of interest on recognized assets and
liabilities.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;applies fair value hedges
as follows:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;<B>Interest rate risk:</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>To
protect the risk of variation in the fair value of receipt and payment of interest resulting from variations in the fair value of the
variable rates involved, by contracting swaps and futures.</P>


<!-- Field: Page; Sequence: 81 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->41<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;does not use the qualitative
method to evaluate the effectiveness or to measure the ineffectiveness of these strategies.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Instead,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;uses the
percentage approach and dollar offset method:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
percentage approach is based on the calculation of change in the fair value of the revised estimate for the hedged position (hedged item)
attributable to the protected risk versus the change in the fair value of the derivative hedging instrument.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
dollar offset method is based on the difference between the variation in the fair value of the hedging instrument and the variation in
the fair value of the hedged item attributed to changes in the interest rate.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effects of hedge accounting on the financial position
and performance of&nbsp;ITA&Uacute; UNIBANCO HOLDING are presented below:</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Strategies</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge Item</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Hedge Instruments <SUP>(2)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair Value</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value recognized in income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 28%">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 15%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 8%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 16%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,443</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,205</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(238)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,443</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">237</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,752</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,424</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">328</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,752</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(328)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: justify">Hedge of securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,352</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,233</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(119)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,372</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">131</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">22,795</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">13,752</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">22,438</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">13,424</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(29)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">36,567</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">40</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Strategies</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge Item</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Hedge Instruments <SUP>(2)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book Value <SUP>(1)</SUP></FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair Value</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value recognized in income</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,031</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,582</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(449)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,031</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">448</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,603</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,905</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">698</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,603</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(703)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: justify">Hedge of securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,363</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,134</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(229)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,317</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">225</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">23,394</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">14,603</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">22,716</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">13,905</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">20</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">37,951</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">(30)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font: 9pt Arial, sans-serif">1) Amounts recorded under heading Deposits, Securities, Funds from Interbank Markets and Loan and Lease Operations.<BR>
2) Comprises the amount of R$ 4,427 (R$ 4,349 at 12/31/2022), related to instruments exposed by the change in reference interest rates - IBORs.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the period, there was revocation of&nbsp;fair value hedge
relationships in the instrument's notional amount of R$ 7,856 and with an effective portion of&nbsp;R$ 69, deferred in income over the
period of the hedged item.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For loan operations strategies, the entity reestablishes
the coverage ratio, since both the hedged item and the instruments change over time. This occurs because they are portfolio strategies
that reflect the risk management strategy guidelines approved in the proper authority level.</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge Instruments</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; width: 29%">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 11%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 11%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 11%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 19%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 19%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">32,451</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">782</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">730</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">46</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,116</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(6)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">36,567</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">782</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">736</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">40</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">11</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Hedge Instruments</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Book value <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Variation in fair value used to calculate hedge ineffectiveness</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge ineffectiveness recognized in income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Liabilities</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif">Interest rate risk</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Swaps</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">35,091</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,002</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">929</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(49)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(10)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Futures</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,860</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">19</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">37,951</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">1,006</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">929</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(30)</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(10)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font: 9pt Arial, sans-serif; text-align: justify">1) Amounts recorded under heading Derivatives.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 82 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->42<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="font-family: Arial, sans-serif">The table below presents, for each strategy, the notional amount and the fair value adjustments of hedge instruments and the book value of the hedged item:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 40%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 11%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 11%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedged item</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedge instruments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Hedged item</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair value adjustments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Book Value</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Notional amount</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Fair value adjustments</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Book Value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of deposits and repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">107,315</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(93)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">106,589</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">149,210</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(27)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">149,300</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of highly probable forecast transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">274</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(18)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">300</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of net investment in foreign operations</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,818</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,734</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,560</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,933</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,591</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,983</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,443</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">607</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,443</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,031</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">820</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,031</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12,426</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(58)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12,453</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,288</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(11)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,283</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,752</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(502)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,752</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,603</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(762)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,603</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,477</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(236)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,509</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,326</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">391</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,241</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,966</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,138</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,528</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,894</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of asset-backed securities under repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">34,169</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">102</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">33,440</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">50,848</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">30</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">52,916</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets denominated in UF</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,215</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">44</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,350</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,853</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">(646)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,871</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Hedge of securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,372</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">(59)</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,352</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,317</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">19</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,363</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">2,523</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">2,407</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: left">&nbsp;</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 83 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->43<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9" STYLE="font-family: Arial, sans-serif">The table below shows the breakdown by maturity of the hedging strategies:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 42%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 9%">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid; width: 7%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">0-1 year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">1-2 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">2-3 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">3-4 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">4-5 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">5-10 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Over 10 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of deposits and repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">90,693</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,083</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,644</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">8,779</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">900</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,216</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">107,315</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of highly probable forecast transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">274</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">274</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-family: Calibri, sans-serif; font-size: 11pt; font-style: normal; font-weight: 400">Hedge of net investment in foreign operations <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,818</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,818</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,444</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,316</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,016</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,406</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,849</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,412</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">11,443</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,381</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,782</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,684</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,579</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">12,426</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,935</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,900</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,100</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">826</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">500</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,581</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,910</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">13,752</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,369</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,608</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">663</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,494</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,477</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,966</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,966</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of asset-backed securities under repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,005</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">17,411</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,753</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">34,169</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets denominated in UF</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,215</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">15,215</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Hedge of securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">4,516</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">2,721</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">834</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">214</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">168</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">2,279</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">640</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">11,372</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">142,611</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">26,415</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">24,689</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">19,641</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">7,490</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">8,831</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">2,550</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">232,227</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD COLSPAN="8" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">0-1 year</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">1-2 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">2-3 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">3-4 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">4-5 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">5-10 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Over 10 years</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of deposits and repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">108,499</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26,120</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,110</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,726</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">755</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">149,210</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of highly probable forecast transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">343</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 400">Hedge of net investment in foreign operations <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,933</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,933</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,351</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,395</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,244</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,539</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,749</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,753</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,031</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of loan operations (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,577</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,161</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">550</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,288</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Fair value)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,673</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">885</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,288</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">3,091</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">579</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">4,981</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">2,106</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">14,603</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of funding (Cash flow)</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">5,776</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">578</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">675</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">297</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,326</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets transactions</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,528</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">6,528</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of asset-backed securities under repurchase agreements</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">16,696</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">9,705</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">22,740</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">1,085</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">622</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">50,848</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif">Hedge of assets denominated in UF</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,853</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">-</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">7,853</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Hedge of securities</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">3,215</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">660</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">1,547</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">180</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">346</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">673</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">696</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7,317</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">156,339</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">49,448</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">37,090</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">7,570</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">9,572</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">10,459</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">2,802</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 1pt solid; text-align: right">273,280</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font: 9pt Arial, sans-serif">1) Classified as current, since instruments are frequently renewed.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 84 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->44<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 8 - Financial assets at fair value
through other comprehensive income - Securities</B></P>


<P STYLE="text-align: center; font: 9pt Sans-Serif; margin-top: 0; margin-bottom: 8pt; color: Red"><B></B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 8pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="padding-bottom: 9pt; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">The fair value and corresponding
    gross carrying amount of Financial Assets at Fair Value through Other Comprehensive Income - Securities assets are as follows:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; width: 24%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-size: 8pt">Fair
    value adjustments (in&nbsp;&nbsp;stockholders' equity)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Expected
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Fair
    value</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 11%"><FONT STYLE="font-size: 8pt">Fair
    value adjustments (in stockholders' equity)</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Expected
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-size: 8pt">Fair
    value</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Brazilian
    government securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">79,901</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1,558</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">78,343</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">79,844</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-3,165</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">76,679</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Other government securities</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">36</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-36</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">36</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-36</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Government
    securities &ndash; abroad <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">44,361</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-134</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-4</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">44,223</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">38,397</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-486</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">37,910</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Argentina</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,784</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,783</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">2,791</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-11</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">2,780</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Colombia</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,136</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-32</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,104</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,766</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-284</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,482</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Chile</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">25,396</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-28</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">25,368</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">18,358</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-129</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">18,229</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">United States</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">8,561</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-102</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">8,459</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">9,104</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-49</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">9,055</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Mexico</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">501</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">502</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">760</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-3</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">757</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Paraguay</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,623</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">24</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-4</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,643</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,362</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,364</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Switzerland</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,356</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-11</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,345</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Uruguay</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,360</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">4</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,364</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">900</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-2</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">898</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 8pt; font-style: normal; font-weight: 700">Corporate
    securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">13,556</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1,667</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-108</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">11,781</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">16,027</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-3,791</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-77</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">12,159</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Shares</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">7,341</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1,581</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">5,760</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">8,571</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-3,686</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">4,885</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Rural product note</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">373</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">18</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-1</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">390</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Bank deposit certificates</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">60</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-8</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">52</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">714</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">714</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Real estate receivables certificates</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">389</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-13</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">376</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Debentures</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,620</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-28</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-72</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,520</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,231</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-3</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-45</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">1,183</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Eurobonds and other</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,790</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-57</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-24</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">3,709</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">4,418</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-112</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-27</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">4,279</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Financial bills</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">13</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">0</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">13</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">Other</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">356</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">12</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-4</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">364</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">707</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-8</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">-4</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right"><FONT STYLE="font-size: 8pt">695</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">137,854</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-3,359</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-148</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">134,347</FONT></TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">134,304</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-7,442</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-114</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">126,748</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="font: 9pt Arial, sans-serif; text-align: justify"><FONT STYLE="font-size: 8pt">1) Financial assets at fair
    value through other comprehensive income - Securities pledged in guarantee of funding transactions of financial institutions and
    customers and Post-employment benefits (Note 26b), were: a) Brazilian government securities R$ 52,903 (R$ 50,918 at 12/31/2022),
    b) Government securities - abroad R$ 6,923 (R$ 6,662 at 12/31/2022) and c) Corporate securities R$ 573 (720 at 12/31/2022), totaling
    R$ 60,399 (R$ 58,300 at 12/31/2022).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt; color: Red"><B></B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The gross carrying amount and
    the fair value of financial assets through other comprehensive income - securities by maturity are as follows:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 35%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 18%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 14%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fair
    value</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 18%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 14%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fair
    value</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Current</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53,512</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">51,771</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">59,304</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">55,517</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Non-stated maturity</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,341</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,760</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8,571</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,885</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Up to one year</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">46,171</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">46,011</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">50,733</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">50,632</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Non-current</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">84,342</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">82,576</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">75,000</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">71,231</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">From one to five years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">57,183</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">56,613</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">49,068</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">47,705</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">From five to ten years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16,705</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16,195</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">17,458</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">16,340</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">After ten years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10,454</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,768</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8,474</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,186</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">137,854</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">134,347</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">134,304</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">126,748</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Equity instruments at fair value
    through other comprehensive income - securities are presented in the table below:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 14%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 15%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adjustments
    to fair value (in Stockholders' equity)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fair
    value</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gross
    carrying amount</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 19%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Adjustments
    to fair value (in Stockholders' equity)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Fair
    value</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Current</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Non-stated maturity</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Shares</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,341</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,581)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,760</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8,571</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3,686)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,885</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,341</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,581)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,760</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8,571</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3,686)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,885</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;adopted the option of designating
equity instruments at fair value through other comprehensive income due to the particularities of a certain market.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the periods, there was no receipt of dividends and at
06/30/2023&nbsp;there were reclassifications of&nbsp;R$ (89.7)&nbsp;(R$ (48.3)&nbsp;at&nbsp;12/31/2022) in Stockholders' equity, due to
partial sales of XP INC shares (Note&nbsp;3).</P>


<!-- Field: Page; Sequence: 85 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->45<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reconciliation of expected loss for Other financial assets,
    segregated by stages:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">01/01/2023</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 24%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    1</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at fair
    value through other comprehensive income</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(116)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazilian government securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Government securities -
    abroad</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(77)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(76)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Bank deposit certificate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(12)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(45)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(48)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Eurobonds and other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(27)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at fair
    value through other comprehensive income</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(23)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(23)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(23)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from stage 2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at fair
    value through other comprehensive income</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Bank deposit
    certificate</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">01/01/2022</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    1</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2021</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at fair
    value through other comprehensive income</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(84)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(16)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazilian government securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(36)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Government securities -
    abroad</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(48)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(15)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(77)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(44)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(45)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Eurobonds and other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(27)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 2pt solid; padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 2pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 86 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->46<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 9 - Financial assets at amortized
cost - Securities</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The Financial assets at amortized cost - Securities are as
    follows:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 33%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amortized
    Cost</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    Loss</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 13%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net
    Amortized Cost</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amortized
    Cost</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    Loss</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 13%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net
    Amortized Cost</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">Brazilian
    government securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">84,130</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(26)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">84,104</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">85,521</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(30)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">85,491</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Government securities
    &ndash; abroad</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">42,126</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">42,118</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">39,243</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">39,232</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,872</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,871</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">820</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">819</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Chile</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,144</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,144</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,805</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,805</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Korea</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10,766</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10,766</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10,365</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10,363</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Spain</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,957</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,956</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,924</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,922</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">United States</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">27</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mexico</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12,471</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12,465</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13,246</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13,240</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Paraguay</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">117</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">117</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">59</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">59</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Czech Republic</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,725</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1,725</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Uruguay</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">47</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">24</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">Corporate
    securities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">109,755</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,709)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">108,046</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">88,262</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,997)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">86,265</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">38,256</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(219)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">38,037</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">26,129</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(140)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">25,989</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Bank deposit certificates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">30</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">30</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">98</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">98</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Real estate receivables certificates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,058</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,053</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,738</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,734</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53,615</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,448)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">52,167</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">47,785</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,835)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">45,950</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Eurobonds and other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">462</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">461</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">118</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">118</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial bills</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">756</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">756</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">113</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">113</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Promissory and commercial notes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,234</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(28)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9,206</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,363</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7,350</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2,344</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2,336</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">918</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">913</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">236,011</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,743)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">234,268</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">213,026</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2,038)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">210,988</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1) Financial
    Assets at Amortized Cost &ndash; Securities Pledged as Collateral of Funding Transactions of Financial Institutions and Customers
    and Post-employment benefits (Note 26b), were: a) Brazilian government securities R$ 23,464 (R$ 23,639 at 12/31/2022), b) Government
    securities - abroad R$ 508 (R$ 0 at 12/31/2022); and c) Corporate securities R$ 13,975 (R$ 12,718 at 12/31/2022), totaling R$ 37,947
    (R$ 36,357 at 12/31/2022).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On January 1, 2023, a new business model was used, classified
as Amortized Cost, for capital management of a company in Colombia (Ita&uacute; Colombia S.A.), in which Foreign Government Securities
in the amount of&nbsp;R$ 1,026 were to be classified, previously classified in the Fair Value business model through Other Comprehensive
Income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On the same date, there was a change of Global Bonds, in
the amount of R$ 408, from the business model Fair Value through Profit or Loss to Amortized Cost, referring to a company located in the
Bahamas (Ita&uacute; Unibanco S.A., Nassau Branch) for compliance with a regulatory change related to the risk management of the trading
portfolio and the banking portfolio.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">On 06/30/2023, the fair value of reclassified assets would be R$ 1,287, the adjustment
to fair value that would have been recognized in Other Comprehensive Income would be R$ (107) and the adjustment to fair value that would
have been recognized in Income would be&nbsp;R$ (6).</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">The amortized cost of Financial assets at amortized cost
    - Securities by maturity is as follows:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 31%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 17%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amortized
    Cost</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 17%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net
    Amortized Cost</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 17%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Amortized
    Cost</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 17%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Net
    Amortized Cost</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Current</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">78,997</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">78,624</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">62,125</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">61,528</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Up to one year</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">78,997</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">78,624</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">62,125</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">61,528</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Non-current</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">157,014</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">155,644</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">150,901</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">149,460</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">From one to five years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">111,256</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">110,289</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">107,970</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">107,431</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">From five to ten years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">41,869</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">41,466</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">38,526</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">37,625</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">After ten years</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3,889</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3,889</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,405</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4,404</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">236,011</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">234,268</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">213,026</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">210,988</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 87 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->47<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Reconciliation of expected loss to financial assets at amortized
    cost&nbsp;&nbsp;- securities, segregated by stages:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="color: white"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 32%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    1</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(208)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(241)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">141</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(292)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazilian government securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(30)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(26)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Government securities -
    abroad</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Korea</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Spain</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mexico</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(167)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(233)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">141</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(258)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(105)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">33</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(78)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">13</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(148)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Real estate receivables certificates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(7)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(44)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(146)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">135</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(68)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Eurobond and other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Promissory and commercial notes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(28)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">101</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(29)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">101</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(29)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(20)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">39</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(21)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(86)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">62</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,716)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(267)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(31)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">811</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(141)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(101)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,422)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,716)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(267)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(31)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">811</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(141)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(101)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,422)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(27)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">18</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(39)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(50)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,705)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(265)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">799</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(135)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(62)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,372)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 31%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    1</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 7%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2021</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(74)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(80)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(149)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">42</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(208)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Brazilian government securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(37)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(30)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Government securities -
    abroad</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(7)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Colombia</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Korea</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Spain</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mexico</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(16)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">6</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(30)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(95)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(131)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">36</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(167)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(5)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(65)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(64)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">8</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">21</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(105)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Bank deposit certificate</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Real estate receivables certificates</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">14</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(19)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(18)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(42)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(31)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">32</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(44)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Eurobond and other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Promissory and commercial notes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(14)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">4</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(13)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(2)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">01/01/2022</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    to Stage 3</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    from Stage 3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2021</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(38)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(136)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">104</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(53)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(38)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(136)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">104</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(53)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(114)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(12)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">3</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(21)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(24)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(38)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(120)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">104</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(32)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(86)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Other</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(4)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Stage
    3</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Gains
    / (Losses)</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Purchases</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Settlements</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Cure
    to Stage 2</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 1</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transfer
    from Stage 2</FONT></TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Expected
    loss</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2021</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Financial assets at amortized
    cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,836)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(244)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(27)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">403</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,716)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate securities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,836)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(244)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(27)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">403</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,716)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Rural product note</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">7</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(9)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(11)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 24px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Debentures</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,827)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(251)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(21)</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">394</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">-</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(1,705)</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 88 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->48<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 10 - Loan and lease operations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Composition of loans and lease operations
portfolio</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="3" STYLE="text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Below is the composition of the
    carrying amount of loan operations and lease operations by type, sector of debtor, maturity and concentration:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Loans
    and lease operations by type</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Individuals</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">406,948</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">400,103</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Credit card</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">129,403</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">135,855</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Personal loan</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">59,181</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">53,945</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Payroll loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">75,203</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">73,633</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Vehicles</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">32,440</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">31,606</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Mortgage loans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">110,721</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">105,064</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Corporate</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">134,017</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">139,268</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Micro / small and medium companies</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">161,532</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">164,896</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Foreign loans
    - Latin America</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">198,688</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">205,155</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total loans
    and lease operations</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">901,185</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">909,422</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 400">Provision
    for Expected Loss <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(54,046)</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">(52,324)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: justify; width: 72%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total
    loans and lease operations, net of Expected Credit Loss</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; width: 14%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">847,139</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; width: 14%"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">857,098</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 9pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">1) Comprises
    Expected Credit Loss for Financial Guarantees Pledged R$ (778) (R$ (810) at 12/31/2022) and Loan Commitments R$ (3,094) (R$ (2,874)
    at 12/31/2022).</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">By
    maturity</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Overdue as from 1 day</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">29,984</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">30,656</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Falling due up to 3 months</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">238,153</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">247,233</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Falling due from 3 months to 12 months</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">231,089</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">228,942</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Falling due after 1 year</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">401,959</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">402,591</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Total
    loans and lease operations</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">901,185</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt; font-style: normal; font-weight: 700">909,422</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">By
    concentration</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">06/30/2023</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Largest debtor</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,569</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">5,916</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10 largest debtors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">33,586</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">33,265</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20 largest debtors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">51,263</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">50,714</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">50 largest debtors</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">83,562</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">85,427</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">100 largest
    debtors</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">116,068</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">118,015</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 20pt; text-align: justify">The breakdown of the loans and lease operations portfolio
by debtor&#8217;s industry is described in Note&nbsp;32, item 1.4.1 - By business sector.</P>


<!-- Field: Page; Sequence: 89 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->49<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Gross Carrying Amount (Loan Portfolio)</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9">Reconciliation of gross portfolio of loans and lease operations, segregated by stages:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2023</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 26%">Stage 1</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Transfer to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 3 <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">305,210</TD>
    <TD STYLE="text-align: right">(24,803)</TD>
    <TD STYLE="text-align: right">(1,139)</TD>
    <TD STYLE="text-align: right">14,513</TD>
    <TD STYLE="text-align: right">81</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">14,728</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">308,590</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">133,205</TD>
    <TD STYLE="text-align: right">(441)</TD>
    <TD STYLE="text-align: right">(16)</TD>
    <TD STYLE="text-align: right">220</TD>
    <TD STYLE="text-align: right">116</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(5,053)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">128,031</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">142,621</TD>
    <TD STYLE="text-align: right">(7,580)</TD>
    <TD STYLE="text-align: right">(659)</TD>
    <TD STYLE="text-align: right">2,600</TD>
    <TD STYLE="text-align: right">81</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(384)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">136,679</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">182,516</TD>
    <TD STYLE="text-align: right">(5,108)</TD>
    <TD STYLE="text-align: right">(424)</TD>
    <TD STYLE="text-align: right">2,580</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3,227)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">176,343</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">763,552</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(37,932)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,238)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">19,913</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">284</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,064</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">749,643</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer to Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">59,639</TD>
    <TD STYLE="text-align: right">(14,513)</TD>
    <TD STYLE="text-align: right">(7,184)</TD>
    <TD STYLE="text-align: right">24,803</TD>
    <TD STYLE="text-align: right">625</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2,805)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">60,565</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">901</TD>
    <TD STYLE="text-align: right">(220)</TD>
    <TD STYLE="text-align: right">(137)</TD>
    <TD STYLE="text-align: right">441</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">992</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">12,299</TD>
    <TD STYLE="text-align: right">(2,600)</TD>
    <TD STYLE="text-align: right">(2,656)</TD>
    <TD STYLE="text-align: right">7,580</TD>
    <TD STYLE="text-align: right">288</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(951)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">13,960</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">13,863</TD>
    <TD STYLE="text-align: right">(2,580)</TD>
    <TD STYLE="text-align: right">(2,175)</TD>
    <TD STYLE="text-align: right">5,108</TD>
    <TD STYLE="text-align: right">149</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,371)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">12,994</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">86,702</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(19,913)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(12,152)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">37,932</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,075</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(5,133)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">88,511</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">35,254</TD>
    <TD STYLE="text-align: right">(81)</TD>
    <TD STYLE="text-align: right">(625)</TD>
    <TD STYLE="text-align: right">1,139</TD>
    <TD STYLE="text-align: right">7,184</TD>
    <TD STYLE="text-align: right">(11,156)</TD>
    <TD STYLE="text-align: right">6,078</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">37,793</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">5,162</TD>
    <TD STYLE="text-align: right">(116)</TD>
    <TD STYLE="text-align: right">(13)</TD>
    <TD STYLE="text-align: right">16</TD>
    <TD STYLE="text-align: right">137</TD>
    <TD STYLE="text-align: right">42</TD>
    <TD STYLE="text-align: right">(234)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">4,994</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">9,976</TD>
    <TD STYLE="text-align: right">(81)</TD>
    <TD STYLE="text-align: right">(288)</TD>
    <TD STYLE="text-align: right">659</TD>
    <TD STYLE="text-align: right">2,656</TD>
    <TD STYLE="text-align: right">(2,256)</TD>
    <TD STYLE="text-align: right">227</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">10,893</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">8,776</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(149)</TD>
    <TD STYLE="text-align: right">424</TD>
    <TD STYLE="text-align: right">2,175</TD>
    <TD STYLE="text-align: right">(1,193)</TD>
    <TD STYLE="text-align: right">(676)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">9,351</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">59,168</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(284)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(1,075)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,238</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">12,152</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(14,563)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">5,395</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">63,031</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Consolidated 3 Stages</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">400,103</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(11,156)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">18,001</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">406,948</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">139,268</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">42</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,293)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">134,017</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">164,896</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,256)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,108)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">161,532</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">205,155</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,193)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,274)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">198,688</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">909,422</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(14,563)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,326</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">901,185</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt; text-align: justify">1) In the movement of transfer of operations from stage 1 to stage 3 over the period, a representative part there of have first gone through stage 2.<BR>
2) Comprises R$ 7,019 pegged to Libor.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9">Reconciliation of gross portfolio of loans and lease operations, segregated by stages:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2022</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 26%">Stage 1</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 2 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 3 <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Cure from Stage 2 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">270,371</TD>
    <TD STYLE="text-align: right">(65,771)</TD>
    <TD STYLE="text-align: right">(2,966)</TD>
    <TD STYLE="text-align: right">29,153</TD>
    <TD STYLE="text-align: right">61</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">74,362</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">305,210</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">128,519</TD>
    <TD STYLE="text-align: right">(626)</TD>
    <TD STYLE="text-align: right">(2,360)</TD>
    <TD STYLE="text-align: right">1,098</TD>
    <TD STYLE="text-align: right">137</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6,437</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">133,205</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">124,555</TD>
    <TD STYLE="text-align: right">(18,158)</TD>
    <TD STYLE="text-align: right">(1,600)</TD>
    <TD STYLE="text-align: right">16,215</TD>
    <TD STYLE="text-align: right">170</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">21,439</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">142,621</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">178,719</TD>
    <TD STYLE="text-align: right">(7,720)</TD>
    <TD STYLE="text-align: right">(1,014)</TD>
    <TD STYLE="text-align: right">2,426</TD>
    <TD STYLE="text-align: right">19</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">10,086</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">182,516</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">702,164</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(92,275)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(7,940)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">48,892</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">387</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">112,324</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">763,552</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Cure to Stage 1 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer to Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer from Stage 1 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">38,168</TD>
    <TD STYLE="text-align: right">(29,153)</TD>
    <TD STYLE="text-align: right">(13,041)</TD>
    <TD STYLE="text-align: right">65,771</TD>
    <TD STYLE="text-align: right">1,392</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3,498)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">59,639</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">1,600</TD>
    <TD STYLE="text-align: right">(1,098)</TD>
    <TD STYLE="text-align: right">(173)</TD>
    <TD STYLE="text-align: right">626</TD>
    <TD STYLE="text-align: right">19</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(73)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">901</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">16,749</TD>
    <TD STYLE="text-align: right">(16,215)</TD>
    <TD STYLE="text-align: right">(4,310)</TD>
    <TD STYLE="text-align: right">18,158</TD>
    <TD STYLE="text-align: right">1,167</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3,250)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">12,299</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">13,389</TD>
    <TD STYLE="text-align: right">(2,426)</TD>
    <TD STYLE="text-align: right">(3,388)</TD>
    <TD STYLE="text-align: right">7,720</TD>
    <TD STYLE="text-align: right">831</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2,263)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">13,863</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">69,906</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(48,892)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(20,912)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">92,275</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,409</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,084)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">86,702</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">23,997</TD>
    <TD STYLE="text-align: right">(61)</TD>
    <TD STYLE="text-align: right">(1,392)</TD>
    <TD STYLE="text-align: right">2,966</TD>
    <TD STYLE="text-align: right">13,041</TD>
    <TD STYLE="text-align: right">(13,876)</TD>
    <TD STYLE="text-align: right">10,579</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">35,254</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">4,915</TD>
    <TD STYLE="text-align: right">(137)</TD>
    <TD STYLE="text-align: right">(19)</TD>
    <TD STYLE="text-align: right">2,360</TD>
    <TD STYLE="text-align: right">173</TD>
    <TD STYLE="text-align: right">(822)</TD>
    <TD STYLE="text-align: right">(1,308)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">5,162</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">8,666</TD>
    <TD STYLE="text-align: right">(170)</TD>
    <TD STYLE="text-align: right">(1,167)</TD>
    <TD STYLE="text-align: right">1,600</TD>
    <TD STYLE="text-align: right">4,310</TD>
    <TD STYLE="text-align: right">(3,661)</TD>
    <TD STYLE="text-align: right">398</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">9,976</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">12,942</TD>
    <TD STYLE="text-align: right">(19)</TD>
    <TD STYLE="text-align: right">(831)</TD>
    <TD STYLE="text-align: right">1,014</TD>
    <TD STYLE="text-align: right">3,388</TD>
    <TD STYLE="text-align: right">(1,783)</TD>
    <TD STYLE="text-align: right">(5,935)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">8,776</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">50,520</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(387)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,409)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,940</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">20,912</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(20,142)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,734</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">59,168</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Consolidated 3 Stages</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Acquisition / (Settlement)</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">332,536</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(13,876)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">81,443</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">400,103</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">135,034</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(822)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">5,056</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">139,268</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">149,970</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,661)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">18,587</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">164,896</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">205,050</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,783)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,888</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">205,155</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">822,590</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(20,142)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">106,974</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">909,422</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt">1) In the movement of transfer of operations from stage 1 to stage 3 over the period, a representative part thereof have first gone through stage 2.<BR>
2) Comprises R$ 14,052 pegged to Libor.<BR>
3) The change in the period of the parameter used to estimate the significant increase/reduction in credit risk caused an effect on the transfer from stage 1 to stage 2 in the amount of R$ 26,005 and in the transfer from stage 2 to 1 in the amount if R$ 27,155.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 90 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->50<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>Modification of contractual cash flows</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The amortized cost of financial assets classified in stages
2 and stage 3, which had their contractual cash flows modified was R$ 2,056&nbsp;(R$ 1,949&nbsp;at 12/31/2022) before the modification,
which gave rise to an effect on profit or loss&nbsp;of R$ 9&nbsp;(R$ 7&nbsp;from&nbsp;01/01 to 06/30/2022). At&nbsp;06/30/2023,&nbsp;the
gross carrying amount of financial assets which had their contractual cash flows modified in the period and were transferred to stage
1 corresponds to&nbsp;R$ 244&nbsp;(R$ 601&nbsp;at&nbsp;12/31/2022).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Expected credit loss</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9">Reconciliation of expected credit loss of loans and lease operations, segregated by stages:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2023</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 25%">Stage 1</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Transfer to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 3 <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(5,414)</TD>
    <TD STYLE="text-align: right">459</TD>
    <TD STYLE="text-align: right">26</TD>
    <TD STYLE="text-align: right">(572)</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(93)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,598)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(480)</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">(13)</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(490)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(1,431)</TD>
    <TD STYLE="text-align: right">137</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">(187)</TD>
    <TD STYLE="text-align: right">(16)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(272)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,758)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(2,339)</TD>
    <TD STYLE="text-align: right">114</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">(93)</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">327</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,981)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,664)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">715</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">49</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(865)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(24)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(38)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,827)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer to Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(5,647)</TD>
    <TD STYLE="text-align: right">572</TD>
    <TD STYLE="text-align: right">2,368</TD>
    <TD STYLE="text-align: right">(459)</TD>
    <TD STYLE="text-align: right">(64)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2,420)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,650)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(503)</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">28</TD>
    <TD STYLE="text-align: right">(5)</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(261)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(732)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(2,227)</TD>
    <TD STYLE="text-align: right">187</TD>
    <TD STYLE="text-align: right">652</TD>
    <TD STYLE="text-align: right">(137)</TD>
    <TD STYLE="text-align: right">(55)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(647)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,227)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(1,546)</TD>
    <TD STYLE="text-align: right">93</TD>
    <TD STYLE="text-align: right">426</TD>
    <TD STYLE="text-align: right">(114)</TD>
    <TD STYLE="text-align: right">(46)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(310)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,497)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,923)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">865</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,474</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(715)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(169)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,638)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(10,106)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(19,220)</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">64</TD>
    <TD STYLE="text-align: right">(26)</TD>
    <TD STYLE="text-align: right">(2,368)</TD>
    <TD STYLE="text-align: right">11,156</TD>
    <TD STYLE="text-align: right">(9,720)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(20,110)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(4,470)</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(28)</TD>
    <TD STYLE="text-align: right">(42)</TD>
    <TD STYLE="text-align: right">(168)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(4,702)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(5,932)</TD>
    <TD STYLE="text-align: right">16</TD>
    <TD STYLE="text-align: right">55</TD>
    <TD STYLE="text-align: right">(11)</TD>
    <TD STYLE="text-align: right">(652)</TD>
    <TD STYLE="text-align: right">2,256</TD>
    <TD STYLE="text-align: right">(1,770)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(6,038)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(3,115)</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">46</TD>
    <TD STYLE="text-align: right">(11)</TD>
    <TD STYLE="text-align: right">(426)</TD>
    <TD STYLE="text-align: right">1,193</TD>
    <TD STYLE="text-align: right">(951)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,263)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(32,737)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">24</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">169</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(49)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,474)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">14,563</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(12,609)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(34,113)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Consolidated 3 Stages</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">06/30/2023 (2)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(30,281)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">11,156</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(12,233)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(31,358)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,453)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(42)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(429)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,924)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(9,590)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,256</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,689)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(10,023)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(7,000)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,193</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(934)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(6,741)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(52,324)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">14,563</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(16,285)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(54,046)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt; text-align: justify">1) In the movement of transfer of operations from stage 1 to stage 3 over the period, a representative part thereof have first gone through stage 2.<BR>
2) Comprises Expected Credit Loss for Financial Guarantees R$ (778) and Loan Commitments R$ (3,094).</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 91 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->51<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9">Reconciliation of expected credit loss of loans and lease operations, segregated by stages:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2022</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 25%">Stage 1</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 2 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer to Stage 3 <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Cure from Stage 2 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center; width: 8%">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(6,851)</TD>
    <TD STYLE="text-align: right">2,045</TD>
    <TD STYLE="text-align: right">222</TD>
    <TD STYLE="text-align: right">(1,445)</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">618</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,414)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(413)</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">(127)</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">56</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(480)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(1,812)</TD>
    <TD STYLE="text-align: right">767</TD>
    <TD STYLE="text-align: right">98</TD>
    <TD STYLE="text-align: right">(806)</TD>
    <TD STYLE="text-align: right">(33)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">355</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,431)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(2,373)</TD>
    <TD STYLE="text-align: right">179</TD>
    <TD STYLE="text-align: right">18</TD>
    <TD STYLE="text-align: right">(91)</TD>
    <TD STYLE="text-align: right">(5)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(67)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,339)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(11,449)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,997</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">339</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,469)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(44)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">962</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,664)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Cure to Stage 1 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer to Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Transfer from Stage 1 <SUP>(3)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure from Stage 3</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(4,501)</TD>
    <TD STYLE="text-align: right">1,445</TD>
    <TD STYLE="text-align: right">4,648</TD>
    <TD STYLE="text-align: right">(2,045)</TD>
    <TD STYLE="text-align: right">(122)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(5,072)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,647)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(865)</TD>
    <TD STYLE="text-align: right">127</TD>
    <TD STYLE="text-align: right">31</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(9)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">219</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(503)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(1,556)</TD>
    <TD STYLE="text-align: right">806</TD>
    <TD STYLE="text-align: right">1,055</TD>
    <TD STYLE="text-align: right">(767)</TD>
    <TD STYLE="text-align: right">(201)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,564)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,227)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(1,353)</TD>
    <TD STYLE="text-align: right">91</TD>
    <TD STYLE="text-align: right">592</TD>
    <TD STYLE="text-align: right">(179)</TD>
    <TD STYLE="text-align: right">(219)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(478)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,546)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(8,275)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,469</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,326</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,997)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(551)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(6,895)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,923)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Cure to Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 1</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfer from Stage 2</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD STYLE="text-align: right">(12,868)</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">122</TD>
    <TD STYLE="text-align: right">(222)</TD>
    <TD STYLE="text-align: right">(4,648)</TD>
    <TD STYLE="text-align: right">13,876</TD>
    <TD STYLE="text-align: right">(15,483)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(19,220)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD STYLE="text-align: right">(3,529)</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">822</TD>
    <TD STYLE="text-align: right">(1,743)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(4,470)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD STYLE="text-align: right">(4,023)</TD>
    <TD STYLE="text-align: right">33</TD>
    <TD STYLE="text-align: right">201</TD>
    <TD STYLE="text-align: right">(98)</TD>
    <TD STYLE="text-align: right">(1,055)</TD>
    <TD STYLE="text-align: right">3,661</TD>
    <TD STYLE="text-align: right">(4,651)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,932)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">(4,172)</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">219</TD>
    <TD STYLE="text-align: right">(18)</TD>
    <TD STYLE="text-align: right">(592)</TD>
    <TD STYLE="text-align: right">1,783</TD>
    <TD STYLE="text-align: right">(340)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,115)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(24,592)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">44</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">551</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(339)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(6,326)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">20,142</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(22,217)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(32,737)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Consolidated 3 Stages</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Balance at</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Derecognition</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">(Increase) / Reversal</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Closing balance</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022 (2)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Individuals</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(24,220)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">13,876</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(19,937)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(30,281)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Corporate</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(4,807)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">822</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,468)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,453)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Micro / Small and medium companies</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(7,391)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">3,661</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(5,860)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(9,590)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans - Latin America</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(7,898)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,783</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(885)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(7,000)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(44,316)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">20,142</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(28,150)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(52,324)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt; text-align: justify">1) In the movement of transfer of operations from stage 1 to stage 3 over the period, a representative part thereof have first gone through stage 2.<BR>
2) Comprises Expected Credit Loss for Financial Guarantees R$ (810) and Loan Commitments R$ (2,874).<BR>
3) Reflects the expected credit loss arising from the change in the period of the parameter used to estimate the significant increase/decrease in credit risk.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Lease operations - Lessor</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="text-align: justify">Finance leases are composed of vehicles, machines, equipment and real estate in Brazil and abroad. The analysis of portfolio maturities is presented below:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 26%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Payments receivable</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Future financial income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Present value</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Payments receivable</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Future financial income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Present value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Current</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,361</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(622)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,739</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,273</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(617)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,656</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Up to 1 year</TD>
    <TD STYLE="text-align: right">2,361</TD>
    <TD STYLE="text-align: right">(622)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,739</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,273</TD>
    <TD STYLE="text-align: right">(617)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,656</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Non-current</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">9,253</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,057)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,196</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">9,087</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,894)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,193</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">From 1 to 2 years</TD>
    <TD STYLE="text-align: right">1,951</TD>
    <TD STYLE="text-align: right">(629)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,322</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,888</TD>
    <TD STYLE="text-align: right">(596)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,292</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">From 2 to 3 years</TD>
    <TD STYLE="text-align: right">1,472</TD>
    <TD STYLE="text-align: right">(473)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">999</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,455</TD>
    <TD STYLE="text-align: right">(449)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,006</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">From 3 to 4 years</TD>
    <TD STYLE="text-align: right">1,044</TD>
    <TD STYLE="text-align: right">(356)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">688</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,026</TD>
    <TD STYLE="text-align: right">(339)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">687</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">From 4 to 5 years</TD>
    <TD STYLE="text-align: right">802</TD>
    <TD STYLE="text-align: right">(285)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">517</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">814</TD>
    <TD STYLE="text-align: right">(271)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">543</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Over 5 years</TD>
    <TD STYLE="text-align: right">3,984</TD>
    <TD STYLE="text-align: right">(1,314)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,670</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,904</TD>
    <TD STYLE="text-align: right">(1,239)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,665</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">11,614</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,679)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,935</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">11,360</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3,511)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,849</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5">Financial lease revenues are composed of:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 60%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial income</TD>
    <TD STYLE="text-align: right">238</TD>
    <TD STYLE="text-align: right">238</TD>
    <TD STYLE="text-align: right">467</TD>
    <TD STYLE="text-align: right">435</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Variable payments</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">3</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">240</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">240</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">471</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">438</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>e) Operations of securitization or transfer
and acquisition of financial assets</B></P>


<!-- Field: Page; Sequence: 92 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->52<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="padding-bottom: 12pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING carried out operations of securitization or transfer of financial assets in which there was retention of credit risks of financial assets transferred under co-obligation covenants. Thus, these credits are still recorded in the Balance Sheet and are represented as follows:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Nature of operation</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Liabilities <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Assets</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Liabilities <SUP>(1)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 19%">Mortgage loan</TD>
    <TD STYLE="text-align: right; width: 10%">154</TD>
    <TD STYLE="text-align: right; width: 10%">154</TD>
    <TD STYLE="text-align: right; width: 10%">154</TD>
    <TD STYLE="text-align: right; width: 10%">154</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 10%">170</TD>
    <TD STYLE="text-align: right; width: 10%">168</TD>
    <TD STYLE="text-align: right; width: 10%">170</TD>
    <TD STYLE="text-align: right; width: 10%">168</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Working capital</TD>
    <TD STYLE="text-align: right">552</TD>
    <TD STYLE="text-align: right">552</TD>
    <TD STYLE="text-align: right">552</TD>
    <TD STYLE="text-align: right">552</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">602</TD>
    <TD STYLE="text-align: right">602</TD>
    <TD STYLE="text-align: right">602</TD>
    <TD STYLE="text-align: right">602</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">706</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">706</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">706</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">706</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">772</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">770</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">772</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">770</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="font-size: 9pt">1) Under Other liabilities.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">From&nbsp;01/01 to 06/30/2023 operations of transfer of financial
assets with no retention of risks and benefits generated impact on the result of R$ 132 (R$ 71 from 01/01 to 06/30/2022), net of the Allowance
for Loan Losses.</P>


<!-- Field: Page; Sequence: 93 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->53<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 11 - Investments in associates and
joint ventures</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Non-material individual investments
of ITA&Uacute; UNIBANCO HOLDING</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">01/01 to 06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Investment</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 14%">Equity in earnings</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 15%">Other comprehensive income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 13%">Total Income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Associates <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">7,620</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">420</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">437</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Joint ventures <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">260</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(28)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(28)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,880</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">392</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">17</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">409</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Investment</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Equity in earnings</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Other comprehensive income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total Income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Associates <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">7,187</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">331</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">327</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Joint ventures <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">256</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(35)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(35)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,443</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">296</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">292</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt; text-align: justify">1) At 06/30/2023, this includes interest in total capital and voting capital of the following companies: Pravaler S.A. (51.27% total capital and 41.67% voting capital; 51.94% total capital and 41.97% voting capital at 12/31/2022); Porto Seguro Ita&uacute; Unibanco Participa&ccedil;&otilde;es S.A. (42.93% total and voting capital; 42.93% at 12/31/2022); BSF Holding S.A. (49% total and voting capital; 49% at 12/31/2022); Gestora de Intelig&ecirc;ncia de Cr&eacute;dito S.A (15.71% total capital and 16% voting capital; 15.71% total and 16% voting capital at 12/31/2022); Compa&ntilde;ia Uruguaya de Medios de Procesamiento S.A. (31.42% total and voting capital; 31.42% at 12/31/2022); Rias Redbanc S.A. (25% total and voting capital; 25% at 12/31/2022); Kinea Private Equity Investimentos S.A. (80% total capital and 49% voting capital; 80% total capital and 49% voting capital at 12/31/2022); Tecnologia Banc&aacute;ria S.A. (28.05% total capital and&nbsp;&nbsp;28.95% voting capital; 28.05% total capital and 28.95% voting capital at 12/31/2022); CIP S.A. (23.33% total and voting capital; 23.33% at 12/31/2022); Prex Holding LLC (30% total and voting capital; 30% at 12/31/2022); Banfur International S.A. (30% total and voting capital; 30% at 12/31/2022); Biomas - Servi&ccedil;os Ambientais, Restaura&ccedil;&atilde;o e Carbono S.A. (16.67% total and voting capital) and Rede Agro Fidelidade e Intermedia&ccedil;&atilde;o S.A. (12.82% total and voting capital).<BR>
2) At 06/30/2023, this includes interest in total and voting capital of the following companies: Ol&iacute;mpia Promo&ccedil;&atilde;o e Servi&ccedil;os S.A. (50% total and voting capital; 50% at 12/31/2022); ConectCar Solu&ccedil;&otilde;es de Mobilidade Eletr&ocirc;nica S.A. (50% total and voting capital; 50% at 12/31/2022) and includes result not arising from subsidiaries' net income.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 94 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->54<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 12 - Lease Operations - Lessee</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;is the lessee mainly of
properties for use in its operations, which include renewal options and restatement clauses. During the period ended 06/30/2023, total
cash outflow with lease amounted to R$ 720&nbsp;and lease agreements in the amount of&nbsp;R$ 95 were renewed. There are no relevant sublease
agreements.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Total liabilities in accordance with remaining contractual
maturities, considering their undiscounted flows, are presented below:</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 66%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 17%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 17%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Up to 3 months</TD>
    <TD STYLE="text-align: right">270</TD>
    <TD STYLE="text-align: right">283</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>3 months to 1 year</TD>
    <TD STYLE="text-align: right">702</TD>
    <TD STYLE="text-align: right">790</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>From 1 to 5 years</TD>
    <TD STYLE="text-align: right">2,377</TD>
    <TD STYLE="text-align: right">2,716</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Over 5 years</TD>
    <TD STYLE="text-align: right">973</TD>
    <TD STYLE="text-align: right">930</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total Financial Liability</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">4,322</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">4,719</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Lease amounts recognized in the Consolidated Statement of Income:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; width: 52%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">04/01 to <BR>
06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">04/01 to <BR>
06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">Sublease revenues</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">6</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">5</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">13</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Depreciation expenses</TD>
    <TD STYLE="text-align: right">(214)</TD>
    <TD STYLE="text-align: right">(106)</TD>
    <TD STYLE="text-align: right">(421)</TD>
    <TD STYLE="text-align: right">(339)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Interest expenses</TD>
    <TD STYLE="text-align: right">(91)</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(191)</TD>
    <TD STYLE="text-align: right">(138)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Lease expenses for low value assets</TD>
    <TD STYLE="text-align: right">(26)</TD>
    <TD STYLE="text-align: right">(21)</TD>
    <TD STYLE="text-align: right">(51)</TD>
    <TD STYLE="text-align: right">(38)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Variable expenses not include in lease liabilities</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(13)</TD>
    <TD STYLE="text-align: right">(30)</TD>
    <TD STYLE="text-align: right">(27)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(340)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(150)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(680)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(532)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 20pt; text-align: justify">In the periods from 01/01 to 06/30/2023&nbsp;and from&nbsp;01/01
to 06/30/2022,&nbsp;there was no impairment adjustment.</P>


<!-- Field: Page; Sequence: 95 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->55<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 13 - Fixed assets</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Fixed assets <SUP>(1)</SUP></FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Anual depreciation rates</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Depreciation</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Impairment</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Residual</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 36%">Real Estate</TD>
    <TD STYLE="font-weight: bold; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">7,529</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">(4,010)</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">(182)</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">3,337</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Land</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">1,240</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,240</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Buildings and Improvements</TD>
    <TD STYLE="text-align: center">4% to 10%</TD>
    <TD STYLE="text-align: right">6,289</TD>
    <TD STYLE="text-align: right">(4,010)</TD>
    <TD STYLE="text-align: right">(182)</TD>
    <TD STYLE="text-align: right">2,097</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other fixed assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,736</TD>
    <TD STYLE="font-weight: bold; text-align: right">(12,090)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(45)</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,601</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Installations and furniture</TD>
    <TD STYLE="text-align: center">10% to 20%</TD>
    <TD STYLE="text-align: right">3,605</TD>
    <TD STYLE="text-align: right">(2,749)</TD>
    <TD STYLE="text-align: right">(14)</TD>
    <TD STYLE="text-align: right">842</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Data processing systems</TD>
    <TD STYLE="text-align: center">20% to 50%</TD>
    <TD STYLE="text-align: right">10,101</TD>
    <TD STYLE="text-align: right">(8,049)</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">2,021</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: center">10% to 20%</TD>
    <TD STYLE="text-align: right">3,030</TD>
    <TD STYLE="text-align: right">(1,292)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,738</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">24,265</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(16,100)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(227)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">7,938</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt">1) The contractual commitments for purchase of the fixed assets totaled R$ 3, achievable by 2024 (Note 32b III.II - Off balance commitments).<BR>
2) Other refers to negotiations of Fixed assets in progress and other Communication, Security and Transportation equipments.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Fixed assets <SUP>(1)</SUP></FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Anual depreciation rates</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Depreciation</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Impairment</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Residual</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Real Estate</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,132</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,835)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(151)</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,146</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Land</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">1,199</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,199</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Buildings and Improvements</TD>
    <TD STYLE="text-align: center">4% to 10%</TD>
    <TD STYLE="text-align: right">5,933</TD>
    <TD STYLE="text-align: right">(3,835)</TD>
    <TD STYLE="text-align: right">(151)</TD>
    <TD STYLE="text-align: right">1,947</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other fixed assets</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,254</TD>
    <TD STYLE="font-weight: bold; text-align: right">(11,588)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(45)</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,621</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Installations and furniture</TD>
    <TD STYLE="text-align: center">10% to 20%</TD>
    <TD STYLE="text-align: right">3,559</TD>
    <TD STYLE="text-align: right">(2,655)</TD>
    <TD STYLE="text-align: right">(14)</TD>
    <TD STYLE="text-align: right">890</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Data processing systems</TD>
    <TD STYLE="text-align: center">20% to 50%</TD>
    <TD STYLE="text-align: right">9,786</TD>
    <TD STYLE="text-align: right">(7,659)</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">2,096</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: center">10% to 20%</TD>
    <TD STYLE="text-align: right">2,909</TD>
    <TD STYLE="text-align: right">(1,274)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,635</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">23,386</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(15,423)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(196)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">7,767</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt">1) The contractual commitments for purchase of the fixed assets totaled R$ 3, achievable by 2024 (Note 32b III.II - Off balance commitments).<BR>
2) Other refers to negotiations of Fixed assets in progress and other Communication, Security and Transportation equipments.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 96 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->56<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 14 - Goodwill and Intangible assets</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
<TR>
    <TD STYLE="vertical-align: top; width: 23%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; width: 11%">&nbsp;</TD>
  </TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Note</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Goodwill and intangible from acquisition</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Intangible assets</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Association for the promotion and offer of financial products and services</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Software acquired</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Internally developed software</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Other intangible assets <SUP>(1)</SUP></FONT></TD></TR>

  <TR>
    <TD STYLE="vertical-align: top">Annual amortization rates</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">8%</TD>
    <TD STYLE="vertical-align: top; text-align: center">20%</TD>
    <TD STYLE="vertical-align: top; text-align: center">20%</TD>
    <TD STYLE="vertical-align: top; text-align: center">10% to 20%</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Cost</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,431</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,366</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,423</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,088</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,634</TD>
    <TD STYLE="font-weight: bold; text-align: right">43,942</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Acquisitions</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">603</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">218</TD>
    <TD STYLE="text-align: right">1,906</TD>
    <TD STYLE="text-align: right">272</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,999</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Rescissions / disposals</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(41)</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(144)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(192)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(134)</TD>
    <TD STYLE="text-align: right">68</TD>
    <TD STYLE="text-align: right">(47)</TD>
    <TD STYLE="text-align: right">(16)</TD>
    <TD STYLE="text-align: right">(37)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(166)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(3)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right">(8)</TD>
    <TD STYLE="text-align: right">141</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">126</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">Balance at 06/30/2023</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,896</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,385</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,729</TD>
    <TD STYLE="font-weight: bold; text-align: right">17,974</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,725</TD>
    <TD STYLE="font-weight: bold; text-align: right">46,709</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Amortization</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,357)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,737)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(6,133)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,166)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(14,393)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Amortization expense <SUP>(2)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(45)</TD>
    <TD STYLE="text-align: right">(226)</TD>
    <TD STYLE="text-align: right">(1,180)</TD>
    <TD STYLE="text-align: right">(637)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,088)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Rescissions / disposals</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">22</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">114</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">139</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(27)</TD>
    <TD STYLE="text-align: right">22</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD STYLE="text-align: right">35</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">40</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(3)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">(91)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(83)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">Balance at 06/30/2023</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,399)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,029)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,303)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,654)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16,385)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Impairment</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,881)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(559)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(171)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(824)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(6,435)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Increase</TD>
    <TD STYLE="font-weight: bold; text-align: center">2d VIII</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(7)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(7)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">80</TD>
    <TD STYLE="text-align: right">(41)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">39</FONT></TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top">Balance at 06/30/2023</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">(4,801)</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">(600)</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">(171)</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">(831)</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">(6,403)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Book value</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold">Balance at 06/30/2023</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,095</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">386</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,529</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">9,840</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,071</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">23,921</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; text-align: justify">1) Includes amounts paid to the rights for acquisition of payrolls, proceeds, retirement and pension benefits and similar benefits.<BR>
2) Amortization expenses related to the rights for acquisition of payrolls and associations, in the amount of R$ (622) are disclosed in the General and administrative expenses (Note 23).<BR>
3) Includes the total amount of R$ 44 related to the hyperinflationary for Argentina.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Goodwill and Intangible Assets from Acquisition are mainly
represented by Banco Ita&uacute; Chile&#8217;s goodwill in the amount of R$ 2,962&nbsp;(R$ 3,015&nbsp;at&nbsp;12/31/2022).</P>


<!-- Field: Page; Sequence: 97 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->57<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
  </TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Note</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Goodwill and intangible from acquisition</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Intangible assets</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Association for the promotion and offer of financial products and services</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Software acquired</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Internally developed software</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Other intangible assets <SUP>(1)</SUP></FONT></TD></TR>

  <TR>
    <TD STYLE="vertical-align: top">Annual amortization rates</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center">8%</TD>
    <TD STYLE="vertical-align: top; text-align: center">20%</TD>
    <TD STYLE="vertical-align: top; text-align: center">20%</TD>
    <TD STYLE="vertical-align: top; text-align: center">10% to 20%</TD>
    <TD STYLE="vertical-align: top">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 23%">Cost</TD>
    <TD STYLE="width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2021</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,031</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,657</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,476</TD>
    <TD STYLE="font-weight: bold; text-align: right">11,157</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,431</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">39,752</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Acquisitions</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">519</TD>
    <TD STYLE="text-align: right">4,208</TD>
    <TD STYLE="text-align: right">1,041</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">5,768</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Rescissions / disposals</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(23)</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(480)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(504)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(600)</TD>
    <TD STYLE="text-align: right">(276)</TD>
    <TD STYLE="text-align: right">(339)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(41)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1,256)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(3)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(1,210)</TD>
    <TD STYLE="text-align: right">724</TD>
    <TD STYLE="text-align: right">683</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">182</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,431</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,366</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,423</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,088</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,634</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">43,942</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Amortization</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2021</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,374)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,149)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,220)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,984)</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(11,727)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Amortization expense <SUP>(2)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(115)</TD>
    <TD STYLE="text-align: right">(517)</TD>
    <TD STYLE="text-align: right">(1,511)</TD>
    <TD STYLE="text-align: right">(1,200)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,343)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Rescissions / disposals</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">480</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">487</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">116</TD>
    <TD STYLE="text-align: right">188</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">28</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">329</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other <SUP>(3)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">16</TD>
    <TD STYLE="text-align: right">734</TD>
    <TD STYLE="text-align: right">(399)</TD>
    <TD STYLE="text-align: right">(490)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(139)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,357)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,737)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(6,133)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,166)</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(14,393)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Impairment</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Balance at 12/31/2021</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(5,209)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(712)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(171)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(823)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(6,915)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Increase</TD>
    <TD STYLE="font-weight: bold; text-align: center">2d VIII</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(1)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Exchange variation</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">328</TD>
    <TD STYLE="text-align: right">153</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">481</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold">Balance at 12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,881)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(559)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(171)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(824)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(6,435)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Book value</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; font-weight: bold">Balance at 12/31/2022</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">7,550</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">450</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,515</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">9,131</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,468</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">23,114</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; text-align: justify">1) Includes amounts paid to the rights for acquisition of payrolls, proceeds, retirement and pension benefits and similar benefits.<BR>
2) Amortization expenses related to the rights for acquisition of payrolls and associations, in the amount of R$ (1,202) are disclosed in the General and administrative expenses (Note 23).<BR>
3) Includes the total amount of R$ 61 related to the hyperinflationary adjustment for Argentina.</TD></TR>
  </TABLE>



<!-- Field: Page; Sequence: 98 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->58<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 15 - Deposits</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD>
    <TD STYLE="text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Interest-bearing deposits</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">310,001</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">492,473</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">802,474</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">376,238</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">372,635</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">748,873</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Savings deposits</TD>
    <TD STYLE="text-align: right">174,464</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">174,464</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">179,764</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">179,764</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Interbank deposits</TD>
    <TD STYLE="text-align: right">6,934</TD>
    <TD STYLE="text-align: right">853</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">7,787</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">4,821</TD>
    <TD STYLE="text-align: right">73</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">4,894</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Time deposits</TD>
    <TD STYLE="text-align: right">128,603</TD>
    <TD STYLE="text-align: right">491,620</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">620,223</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">191,653</TD>
    <TD STYLE="text-align: right">372,562</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">564,215</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Non-interest bearing deposits</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">120,807</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">120,807</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">122,565</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">122,565</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Demand deposits</TD>
    <TD STYLE="text-align: right">114,061</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">114,061</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">117,587</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">117,587</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Other deposits</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">6,746</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">6,746</FONT></TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">4,978</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">4,978</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">430,808</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">492,473</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">923,281</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">498,803</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">372,635</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">871,438</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 16 - Financial liabilities designated
at fair value through profit or loss</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 27%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Structured notes</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Debt securities</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">86</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">62</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">64</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">86</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">86</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">62</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">64</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">The effect of credit risk of these instruments is not significant at&nbsp;06/30/2023&nbsp;and&nbsp;12/31/2022.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Debt securities do not have a defined amount on maturity,
since they vary according to market quotation and an exchange variation component, respectively.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 17 - Securities sold under repurchase
agreements and interbank and institutional market funds</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Securities sold under repurchase agreements</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9">The table below shows the breakdown of funds:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Interest rate (p.a.)</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 34%">Assets pledged as collateral</TD>
    <TD STYLE="text-align: center; width: 17%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">137,059</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">88</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">137,147</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">90,700</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">119</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">90,819</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Government securities</TD>
    <TD STYLE="text-align: center">12.86% to 100% of SELIC</TD>
    <TD STYLE="text-align: right">115,728</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">115,728</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">66,665</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">66,665</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Corporate securities</TD>
    <TD STYLE="text-align: center">30% to 95% of CDI</TD>
    <TD STYLE="text-align: right">19,369</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">19,369</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">22,562</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">22,562</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Own issue</TD>
    <TD STYLE="text-align: center">12.8% to 15.75%</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">7</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">8</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Foreign</TD>
    <TD STYLE="text-align: center">1% to 85%</TD>
    <TD STYLE="text-align: right">1,961</TD>
    <TD STYLE="text-align: right">82</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,043</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,471</TD>
    <TD STYLE="text-align: right">113</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">1,584</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Assets received as collateral</TD>
    <TD STYLE="font-weight: bold; text-align: center">13.3% to 13.65%</TD>
    <TD STYLE="font-weight: bold; text-align: right">104,753</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">104,753</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">127,375</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">127,375</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Right to sell or repledge the collateral</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">4.95% to 100% of SELIC</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">26,618</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">50,581</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">77,199</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">52,723</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">22,523</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">75,246</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">268,430</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">50,669</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">319,099</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">270,798</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">22,642</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">293,440</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Interbank market funds</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Interest rate (p.a.)</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 31%">Financial bills</TD>
    <TD STYLE="text-align: center; width: 20%">4.49% to 10.76%</TD>
    <TD STYLE="text-align: right; width: 8%">11,879</TD>
    <TD STYLE="text-align: right; width: 8%">64,926</TD>
    <TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">76,805</FONT></TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">3,842</TD>
    <TD STYLE="text-align: right; width: 8%">62,763</TD>
    <TD STYLE="text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">66,605</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Real estate credit bills</TD>
    <TD STYLE="text-align: center">5.49% to 15.28%</TD>
    <TD STYLE="text-align: right">28,004</TD>
    <TD STYLE="text-align: right">11,142</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">39,146</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">24,274</TD>
    <TD STYLE="text-align: right">3,843</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">28,117</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Rural credit bills</TD>
    <TD STYLE="text-align: center">4.22% to 13.9%</TD>
    <TD STYLE="text-align: right">22,752</TD>
    <TD STYLE="text-align: right">20,718</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">43,470</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">26,547</TD>
    <TD STYLE="text-align: right">9,736</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">36,283</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Guaranteed real estate bills</TD>
    <TD STYLE="text-align: center">4.34% to 103% of CDI</TD>
    <TD STYLE="text-align: right">4,348</TD>
    <TD STYLE="text-align: right">51,470</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">55,818</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,908</TD>
    <TD STYLE="text-align: right">45,667</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">50,575</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Import and export financing</TD>
    <TD STYLE="text-align: center">0% to 11.2%</TD>
    <TD STYLE="text-align: right">84,727</TD>
    <TD STYLE="text-align: right">6,316</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">91,043</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">74,304</TD>
    <TD STYLE="text-align: right">26,848</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">101,152</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Onlending domestic</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">0% to 18%</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,727</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">8,373</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">12,100</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,553</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">8,302</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">11,855</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">155,437</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">162,945</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">318,382</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">137,428</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">157,159</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">294,587</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt">1) Comprises R$ 67 (R$ 1,032 at 12/31/2022) pegged to Libor.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9" STYLE="padding-top: 12pt; text-align: justify; padding-bottom: 12pt">Funding for import and export financing represents credit facilities available for financing of imports and exports of Brazilian companies, in general denominated in foreign currency.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 99 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->59<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Institutional market funds</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Interest rate (p.a.)</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 34%">Subordinated debt</TD>
    <TD STYLE="text-align: center; width: 17%">LIB to 114% of SELIC</TD>
    <TD STYLE="text-align: right; width: 8%">844</TD>
    <TD STYLE="text-align: right; width: 8%">43,340</TD>
    <TD STYLE="text-align: right; width: 8%">44,184</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 8%">9,851</TD>
    <TD STYLE="text-align: right; width: 8%">44,689</TD>
    <TD STYLE="text-align: right; width: 8%">54,540</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foreign loans through securities</TD>
    <TD STYLE="text-align: center">0.09% to 5.61%</TD>
    <TD STYLE="text-align: right">8,320</TD>
    <TD STYLE="text-align: right">58,529</TD>
    <TD STYLE="text-align: right">66,849</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">10,333</TD>
    <TD STYLE="text-align: right">60,188</TD>
    <TD STYLE="text-align: right">70,521</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Funding from structured operations certificates <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">5.74% to 21.38%</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">665</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">6,991</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">7,656</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">547</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,774</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">4,321</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">9,829</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">108,860</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">118,689</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">20,731</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">108,651</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">129,382</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="9" STYLE="font-size: 9pt; text-align: justify">1) The fair value of Funding from structured operations certificates issued is R$ 8,592 (R$ 4,949 at 12/31/2022).</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Subordinated debt, including perpetual
debts</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 41%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 11%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 16%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid">Name of security / currency</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Principal amount (original currency)</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Issue</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Maturity</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Return p.a.</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Subordinated financial bills - BRL</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,146</TD>
    <TD STYLE="text-align: right">2019</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">114% of SELIC</TD>
    <TD STYLE="text-align: right">2,416</TD>
    <TD STYLE="text-align: right">2,249</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">935</TD>
    <TD STYLE="text-align: right">2019</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">SELIC + 1.17% to 1.19%</TD>
    <TD STYLE="text-align: right">985</TD>
    <TD STYLE="text-align: right">1,047</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">50</TD>
    <TD STYLE="text-align: right">2019</TD>
    <TD STYLE="text-align: right">2028</TD>
    <TD STYLE="text-align: right">CDI + 0.72%</TD>
    <TD STYLE="text-align: right">66</TD>
    <TD STYLE="text-align: right">62</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,281</TD>
    <TD STYLE="text-align: right">2019</TD>
    <TD STYLE="text-align: right">2029</TD>
    <TD STYLE="text-align: right">CDI + 0.75%</TD>
    <TD STYLE="text-align: right">3,028</TD>
    <TD STYLE="text-align: right">2,834</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">450</TD>
    <TD STYLE="text-align: right">2020</TD>
    <TD STYLE="text-align: right">2029</TD>
    <TD STYLE="text-align: right">CDI + 1.85%</TD>
    <TD STYLE="text-align: right">591</TD>
    <TD STYLE="text-align: right">550</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">106</TD>
    <TD STYLE="text-align: right">2020</TD>
    <TD STYLE="text-align: right">2030</TD>
    <TD STYLE="text-align: right">IPCA + 4.64%</TD>
    <TD STYLE="text-align: right">146</TD>
    <TD STYLE="text-align: right">138</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,556</TD>
    <TD STYLE="text-align: right">2020</TD>
    <TD STYLE="text-align: right">2030</TD>
    <TD STYLE="text-align: right">CDI + 2%</TD>
    <TD STYLE="text-align: right">2,051</TD>
    <TD STYLE="text-align: right">1,907</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">5,488</TD>
    <TD STYLE="text-align: right">2021</TD>
    <TD STYLE="text-align: right">2031</TD>
    <TD STYLE="text-align: right">CDI + 2%</TD>
    <TD STYLE="text-align: right">6,965</TD>
    <TD STYLE="text-align: right">6,478</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,005</TD>
    <TD STYLE="text-align: right">2022</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">CDI + 2.4%</TD>
    <TD STYLE="text-align: right">1,122</TD>
    <TD STYLE="text-align: right">1,041</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">17,370</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,306</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Subordinated euronotes - USD</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,870</TD>
    <TD STYLE="text-align: right">2012</TD>
    <TD STYLE="text-align: right">2023</TD>
    <TD STYLE="text-align: right">5.13%</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">9,735</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,250</TD>
    <TD STYLE="text-align: right">2017</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">7.72%</TD>
    <TD STYLE="text-align: right">3,694</TD>
    <TD STYLE="text-align: right">6,516</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">750</TD>
    <TD STYLE="text-align: right">2018</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">6.50%</TD>
    <TD STYLE="text-align: right">3,632</TD>
    <TD STYLE="text-align: right">3,985</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">750</TD>
    <TD STYLE="text-align: right">2019</TD>
    <TD STYLE="text-align: right">2029</TD>
    <TD STYLE="text-align: right">4.50%</TD>
    <TD STYLE="text-align: right">3,427</TD>
    <TD STYLE="text-align: right">3,932</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">700</TD>
    <TD STYLE="text-align: right">2020</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">4.63%</TD>
    <TD STYLE="text-align: right">2,423</TD>
    <TD STYLE="text-align: right">3,708</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">501</TD>
    <TD STYLE="text-align: right">2021</TD>
    <TD STYLE="text-align: right">2031</TD>
    <TD STYLE="text-align: right">3.88%</TD>
    <TD STYLE="text-align: right">6,021</TD>
    <TD STYLE="text-align: right">2,623</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">200</TD>
    <TD STYLE="text-align: right">2022</TD>
    <TD STYLE="text-align: right">Perpetual</TD>
    <TD STYLE="text-align: right">6.80%</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">19,197</TD>
    <TD STYLE="font-weight: bold; text-align: right">30,502</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Subordinated bonds - CLP</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">180,351</TD>
    <TD STYLE="text-align: right">2008</TD>
    <TD STYLE="text-align: right">2033</TD>
    <TD STYLE="text-align: right">3.50% to 4.92%</TD>
    <TD STYLE="text-align: right">1,476</TD>
    <TD STYLE="text-align: right">1,476</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">97,962</TD>
    <TD STYLE="text-align: right">2009</TD>
    <TD STYLE="text-align: right">2035</TD>
    <TD STYLE="text-align: right">4.75%</TD>
    <TD STYLE="text-align: right">1,141</TD>
    <TD STYLE="text-align: right">1,133</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2032</TD>
    <TD STYLE="text-align: right">4.35%</TD>
    <TD STYLE="text-align: right">113</TD>
    <TD STYLE="text-align: right">112</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2035</TD>
    <TD STYLE="text-align: right">3.90% to 3.96%</TD>
    <TD STYLE="text-align: right">259</TD>
    <TD STYLE="text-align: right">257</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2036</TD>
    <TD STYLE="text-align: right">4.48%</TD>
    <TD STYLE="text-align: right">1,236</TD>
    <TD STYLE="text-align: right">1,225</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2038</TD>
    <TD STYLE="text-align: right">3.93%</TD>
    <TD STYLE="text-align: right">901</TD>
    <TD STYLE="text-align: right">892</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2040</TD>
    <TD STYLE="text-align: right">4.15% to 4.29%</TD>
    <TD STYLE="text-align: right">694</TD>
    <TD STYLE="text-align: right">687</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,060,250</TD>
    <TD STYLE="text-align: right">2010</TD>
    <TD STYLE="text-align: right">2042</TD>
    <TD STYLE="text-align: right">4.45%</TD>
    <TD STYLE="text-align: right">338</TD>
    <TD STYLE="text-align: right">335</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">57,168</TD>
    <TD STYLE="text-align: right">2014</TD>
    <TD STYLE="text-align: right">2034</TD>
    <TD STYLE="text-align: right">3.80%</TD>
    <TD STYLE="text-align: right">442</TD>
    <TD STYLE="text-align: right">438</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,600</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,555</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Subordinated bonds - COP</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="text-align: right">104,000</TD>
    <TD STYLE="text-align: right">2013</TD>
    <TD STYLE="text-align: right">2023</TD>
    <TD STYLE="text-align: right">IPC + 2%</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">115</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">146,000</TD>
    <TD STYLE="text-align: right">2013</TD>
    <TD STYLE="text-align: right">2028</TD>
    <TD STYLE="text-align: right">IPC + 2%</TD>
    <TD STYLE="text-align: right">173</TD>
    <TD STYLE="text-align: right">161</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">780,392</TD>
    <TD STYLE="text-align: right">2014</TD>
    <TD STYLE="text-align: right">2024</TD>
    <TD STYLE="text-align: right">LIB</TD>
    <TD STYLE="text-align: right">844</TD>
    <TD STYLE="text-align: right">901</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,017</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,177</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">44,184</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">54,540</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 100 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->60<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 18 - Other assets and liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Other assets</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 65%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Note</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">115,619</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">111,284</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At amortized cost</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">113,957</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">109,909</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Receivables from credit card issuers</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">66,546</TD>
    <TD STYLE="text-align: right">65,852</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Deposits in guarantee for contingent liabilities, provisions and legal obligations</TD>
    <TD STYLE="text-align: center">29d</TD>
    <TD STYLE="text-align: right">13,396</TD>
    <TD STYLE="text-align: right">13,001</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Trading and intermediation of securities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">20,231</TD>
    <TD STYLE="text-align: right">17,969</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Income receivable</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,251</TD>
    <TD STYLE="text-align: right">3,610</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Operations without credit granting characteristics, net of provisions</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">9,506</TD>
    <TD STYLE="text-align: right">7,900</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Net amount receivables from reimbursement of provisions</TD>
    <TD STYLE="text-align: center">29c</TD>
    <TD STYLE="text-align: right">971</TD>
    <TD STYLE="text-align: right">899</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Deposits in guarantee of fund raisings abroad</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">52</TD>
    <TD STYLE="text-align: right">648</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">30</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At fair value through profit or loss</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,662</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,375</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other financial assets</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,662</TD>
    <TD STYLE="text-align: right">1,375</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Non-financial</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">19,719</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">17,474</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Sundry foreign</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,936</TD>
    <TD STYLE="text-align: right">965</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Prepaid expenses</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">7,099</TD>
    <TD STYLE="text-align: right">6,338</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Sundry domestic</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4,376</TD>
    <TD STYLE="text-align: right">3,653</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Assets of post-employment benefit plans</TD>
    <TD STYLE="text-align: center">26e</TD>
    <TD STYLE="text-align: right">387</TD>
    <TD STYLE="text-align: right">411</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Lease right-of-use</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,348</TD>
    <TD STYLE="text-align: right">3,863</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">2,573</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">2,244</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Current</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">114,840</TD>
    <TD STYLE="font-weight: bold; text-align: right">109,569</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Non-current</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">20,498</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">19,189</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Other liabilities</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 65%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Note</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">161,787</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">167,234</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At amortized cost</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">160,968</TD>
    <TD STYLE="font-weight: bold; text-align: right">166,651</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Credit card operations</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">130,879</TD>
    <TD STYLE="text-align: right">138,300</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Trading and intermediation of securities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19,197</TD>
    <TD STYLE="text-align: right">17,744</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Foreign exchange portfolio</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,491</TD>
    <TD STYLE="text-align: right">2,580</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Finance leases</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,452</TD>
    <TD STYLE="text-align: right">3,929</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,949</TD>
    <TD STYLE="text-align: right">4,098</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">819</TD>
    <TD STYLE="font-weight: bold; text-align: right">583</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other financial liabilities</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">819</TD>
    <TD STYLE="text-align: right">583</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Non-financial</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">55,476</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">47,895</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Funds in transit</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21,514</TD>
    <TD STYLE="text-align: right">19,737</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Charging and collection of taxes and similar</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,596</TD>
    <TD STYLE="text-align: right">551</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Social and statutory</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,601</TD>
    <TD STYLE="text-align: right">10,375</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Deferred income</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,070</TD>
    <TD STYLE="text-align: right">2,737</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Sundry domestic</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,860</TD>
    <TD STYLE="text-align: right">4,730</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Personnel provision</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,882</TD>
    <TD STYLE="text-align: right">2,403</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for sundry payments</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,180</TD>
    <TD STYLE="text-align: right">2,055</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Obligations on official agreements and rendering of payment services</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,126</TD>
    <TD STYLE="text-align: right">1,725</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Liabilities from post-employment benefit plans</TD>
    <TD STYLE="text-align: center">26e</TD>
    <TD STYLE="text-align: right">2,253</TD>
    <TD STYLE="text-align: right">2,320</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,394</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,262</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Current</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">208,211</TD>
    <TD STYLE="font-weight: bold; text-align: right">205,883</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Non-current</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,052</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9,246</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 19 - Stockholders&#8217; equity</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Capital</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Capital is represented by&nbsp;9,804,135,348 book-entry shares
with no par value, of which&nbsp;4,958,290,359 are common shares and&nbsp;4,845,844,989 are preferred shares with no voting rights, but
with tag-along rights in a public offering of shares, in a possible transfer of control, assuring them a price equal to 80% (eighty per
cent) of the amount paid per voting share in the controlling block, and a dividend at least equal to that of the common shares.&nbsp;</P>


<!-- Field: Page; Sequence: 101 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->61<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The breakdown and change in shares of paid-in capital in
the beginning and end of the period are shown below:</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Number</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Amount</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Common</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Preferred</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; width: 44%">Residents in Brazil</TD>
    <TD STYLE="text-align: center; width: 12%">12/31/2022</TD>
    <TD STYLE="text-align: right; width: 11%">4,927,867,243</TD>
    <TD STYLE="text-align: right; width: 11%">1,629,498,182</TD>
    <TD STYLE="text-align: right; width: 11%">6,557,365,425</TD>
    <TD STYLE="text-align: right; width: 11%">60,683</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Residents abroad</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">30,423,116</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,216,346,807</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,246,769,923</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">30,046</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Shares of capital stock</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,845,844,989</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,804,135,348</TD>
    <TD STYLE="font-weight: bold; text-align: right">90,729</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Shares of capital stock</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,845,844,989</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">9,804,135,348</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">90,729</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Residents in Brazil</TD>
    <TD STYLE="text-align: center">06/30/2023</TD>
    <TD STYLE="text-align: right">4,925,857,160</TD>
    <TD STYLE="text-align: right">1,610,108,080</TD>
    <TD STYLE="text-align: right">6,535,965,240</TD>
    <TD STYLE="text-align: right">60,485</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Residents abroad</TD>
    <TD STYLE="text-align: center">06/30/2023</TD>
    <TD STYLE="text-align: right">32,433,199</TD>
    <TD STYLE="text-align: right">3,235,736,909</TD>
    <TD STYLE="text-align: right">3,268,170,108</TD>
    <TD STYLE="text-align: right">30,244</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Treasury shares <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,268,688</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,268,688</TD>
    <TD STYLE="font-weight: bold; text-align: right">(71)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Acquisition of treasury shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">26,000,000</TD>
    <TD STYLE="text-align: right">26,000,000</TD>
    <TD STYLE="text-align: right">(689)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Result from delivery of treasury shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(25,077,613)</TD>
    <TD STYLE="text-align: right">(25,077,613)</TD>
    <TD STYLE="text-align: right">651</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Treasury shares <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,191,075</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,191,075</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">(109)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Number of total shares at the end of the period <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,841,653,914</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,799,944,273</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Number of total shares at the end of the period <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,842,576,301</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">9,800,866,660</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Number</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Amount</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Common</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Preferred</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Residents in Brazil</TD>
    <TD STYLE="text-align: center">12/31/2021</TD>
    <TD STYLE="text-align: right">4,929,997,183</TD>
    <TD STYLE="text-align: right">1,771,808,645</TD>
    <TD STYLE="text-align: right">6,701,805,828</TD>
    <TD STYLE="text-align: right">62,020</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Residents abroad</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">28,293,176</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,074,036,344</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,102,329,520</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">28,709</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Shares of capital stock</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,845,844,989</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,804,135,348</TD>
    <TD STYLE="font-weight: bold; text-align: right">90,729</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Shares of capital stock</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">4,845,844,989</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">9,804,135,348</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">90,729</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Residents in Brazil</TD>
    <TD STYLE="text-align: center">12/31/2022</TD>
    <TD STYLE="text-align: right">4,927,867,243</TD>
    <TD STYLE="text-align: right">1,629,498,182</TD>
    <TD STYLE="text-align: right">6,557,365,425</TD>
    <TD STYLE="text-align: right">60,683</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Residents abroad</TD>
    <TD STYLE="text-align: center">12/31/2022</TD>
    <TD STYLE="text-align: right">30,423,116</TD>
    <TD STYLE="text-align: right">3,216,346,807</TD>
    <TD STYLE="text-align: right">3,246,769,923</TD>
    <TD STYLE="text-align: right">30,046</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Treasury shares <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">24,244,725</TD>
    <TD STYLE="font-weight: bold; text-align: right">24,244,725</TD>
    <TD STYLE="font-weight: bold; text-align: right">(528)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Result from delivery of treasury shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(20,976,037)</TD>
    <TD STYLE="text-align: right">(20,976,037)</TD>
    <TD STYLE="text-align: right">457</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Treasury shares <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">3,268,688</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">3,268,688</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">(71)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Number of total shares at the end of the period <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,842,576,301</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,800,866,660</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Number of total shares at the end of the period <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,958,290,359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,821,600,264</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">9,779,890,623</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt; text-align: justify">1) Own shares, purchased based on authorization of the Board of Directors, to be held in Treasury, for subsequent cancellation or replacement in the market.<BR>
2) Shares representing total capital stock net of treasury shares.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt; text-align: justify">We detail below the cost of shares purchased in the period, as well the average cost of treasury shares and their market price:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid">Cost / market value</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Common</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Preferred</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Common</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Preferred</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; width: 22%">Minimum</TD>
    <TD STYLE="width: 22%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 15%">-</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 13%">25.52</TD>
    <TD STYLE="text-align: right; width: 13%">-</TD>
    <TD STYLE="text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 13%">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Weighted Average</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">26.49</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Maximum</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">27.13</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">Treasury Shares</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Average cost</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">25.98</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">21.76</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; border-bottom: black 1pt solid">Market value on the last day of the base date</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">24.52</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">28.42</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">21.89</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">25.00</TD></TR>
  </TABLE>


<!-- Field: Page; Sequence: 102 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->62<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Dividends</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Shareholders are entitled to a mandatory minimum dividend
in each fiscal year, corresponding to 25% of adjusted net income, as set forth in the Bylaws.&nbsp; Common and preferred shares participate
equally in income distributed, after common shares have received dividends equal to the minimum annual priority dividend payable to preferred
shares (R$ 0.022 non-cumulative per share).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;monthly advances the mandatory
minimum dividend, using the share position of the last day of the previous month as the calculation basis, and the payment made on the
first business day of the subsequent month in the amount of R$ 0.015 per share.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Calculation of dividends and interest
on capital</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 70%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 15%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 15%">06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Statutory net income</TD>
    <TD STYLE="text-align: right">16,365</TD>
    <TD STYLE="text-align: right">14,462</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Adjustments:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">(-)&nbsp;&nbsp;Legal reserve - 5%</TD>
    <TD STYLE="text-align: right">(818)</TD>
    <TD STYLE="text-align: right">(723)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Dividend calculation basis</TD>
    <TD STYLE="font-weight: bold; text-align: right">15,547</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,739</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Minimum mandatory dividend - 25%</TD>
    <TD STYLE="text-align: right">3,887</TD>
    <TD STYLE="text-align: right">3,435</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Dividends and interest on capital paid / accrued</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">5,283</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,435</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Stockholders' compensation</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 4%">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Gross value per share (R$)</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">WHT (With holding tax)</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Net</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Paid / prepaid</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">864</TD>
    <TD STYLE="font-weight: bold; text-align: right">(129)</TD>
    <TD STYLE="font-weight: bold; text-align: right">735</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - 5 monthly installments paid from February to June 2023</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.0150</TD>
    <TD STYLE="vertical-align: middle; text-align: right">864</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(129)</TD>
    <TD STYLE="vertical-align: top; text-align: right">735</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Accrued (Recorded in Other liabilities - Social and statutory)</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,350</TD>
    <TD STYLE="font-weight: bold; text-align: right">(802)</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,548</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - 1 monthly installment paid on 07/03/2023</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.0150</TD>
    <TD STYLE="vertical-align: middle; text-align: right">173</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(26)</TD>
    <TD STYLE="vertical-align: top; text-align: right">147</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - credited on 03/13/2023 to be paid until 08/25/2023</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.2227</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2,567</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(385)</TD>
    <TD STYLE="vertical-align: top; text-align: right">2,182</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - credited on 06/07/2023 to be paid until 08/25/2023</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.2264</TD>
    <TD STYLE="vertical-align: middle; text-align: right">2,610</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(391)</TD>
    <TD STYLE="vertical-align: top; text-align: right">2,219</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="font-weight: bold; text-align: left">Total - 01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,214</TD>
    <TD STYLE="font-weight: bold; text-align: right">(931)</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,283</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Gross value per share (R$)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Value</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">WHT (With holding tax)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Net</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: left">Paid / prepaid</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">864</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(130)</TD>
    <TD STYLE="font-weight: bold; text-align: right">734</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - 5 monthly installments paid from February to June 2022</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.0150</TD>
    <TD STYLE="vertical-align: middle; text-align: right">864</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(130)</TD>
    <TD STYLE="vertical-align: top; text-align: right">734</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="font-weight: bold; vertical-align: middle; text-align: left">Accrued (Recorded in Other liabilities - Social and statutory)</TD>
    <TD STYLE="vertical-align: middle; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">3,177</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; text-align: right">(476)</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: right">2,701</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital - 1 monthly installment paid on 07/01/2022</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.0150</TD>
    <TD STYLE="vertical-align: middle; text-align: right">173</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(26)</TD>
    <TD STYLE="vertical-align: top; text-align: right">147</TD></TR>
  <TR>
    <TD COLSPAN="2" STYLE="padding-left: 12px; vertical-align: middle; text-align: left">Interest on capital</TD>
    <TD STYLE="vertical-align: middle; text-align: right">0.2605</TD>
    <TD STYLE="vertical-align: middle; text-align: right">3,004</TD>
    <TD STYLE="vertical-align: middle; text-align: right">(450)</TD>
    <TD STYLE="vertical-align: top; text-align: right">2,554</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD colspan="2" STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">Total - 01/01 to 06/30/2022</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">4,041</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(606)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">3,435</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 103 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->63<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Capital reserves and profit reserves</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; width: 66%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 1%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Capital reserves</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,273</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,480</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Premium on subscription of shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">284</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">284</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Share-based payment</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,985</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,192</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Reserves from tax incentives, restatement of equity securities and other</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Profit reserves</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">96,273</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">86,209</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Legal <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">15,889</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">15,071</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Statutory <SUP>(2,3)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">80,384</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">71,138</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Total reserves at parent company</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">98,546</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">88,689</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Its purpose is to ensure the integrity of capital, compensate loss or increase capital.<BR>
2) Its main purpose is to ensure the yield flow to shareholders.<BR>
3) Includes R$ (683) which refers to net income remaining after the distribuition of dividends and appropriations to statutory reserves in the statutory accounts of ITA&Uacute; UNIBANCO HOLDING.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Non-controlling interests</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Stockholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 59%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">12/31/2022</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Banco Ita&uacute; Chile</TD>
    <TD STYLE="text-align: right">7,317</TD>
    <TD STYLE="text-align: right">6,926</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">442</TD>
    <TD STYLE="text-align: right">541</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Ita&uacute; Colombia S.A.</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">14</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financeira Ita&uacute; CBD S.A. Cr&eacute;dito, Financiamento e Investimento</TD>
    <TD STYLE="text-align: right">795</TD>
    <TD STYLE="text-align: right">769</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">62</TD>
    <TD STYLE="text-align: right">51</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Luizacred S.A. Soc. Cred. Financiamento Investimento</TD>
    <TD STYLE="text-align: right">326</TD>
    <TD STYLE="text-align: right">377</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(51)</TD>
    <TD STYLE="text-align: right">(28)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,633</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,304</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">36</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">29</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">10,088</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">9,390</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">489</FONT></TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">596</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 20 - Share-based payment</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING and its subsidiaries have share-based payment plans aimed at involving their management members and employees in the medium and long term corporate development process.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">The grant of these benefits is only made in years in which there are sufficient profits to permit the distribution of mandatory dividends, limiting dilution to 0.5% of the total shares held by the controlling and minority stockholders at the balance sheet date. These programs are settled through the delivery of ITUB4 treasury shares to stockholders.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Expenses on share-based payment plans are presented in the table below:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Partner plan</TD>
    <TD STYLE="text-align: right">(73)</TD>
    <TD STYLE="text-align: right">(58)</TD>
    <TD STYLE="text-align: right">(109)</TD>
    <TD STYLE="text-align: right">(58)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Share-based plan</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(135)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(123)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(237)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(169)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(208)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(181)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(346)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(227)</TD></TR>
  </TABLE>

<!-- Field: Page; Sequence: 104 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->64<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Partner plan</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">The program enables employees and managers of ITA&Uacute; UNIBANCO HOLDING to invest a percentage of their bonus to acquire shares and share-based instruments. There is a lockup period of from three to five years, counted from the initial investment date, and the shares are thus subject to market price variations. After complying with the preconditions outlined in the program, beneficiaries are entitled to receive shares as consideration, in accordance with the number of shares indicated in the regulations.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">The acquisition price of shares and share-based instruments is established every six months as the average of the share price over the last 30 days, which is performed on the seventh business day prior to the remuneration grant date.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">The fair value of the consideration in shares is the market price at the grant date, less expected dividends.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="color: #EC7000; font-weight: bold; border-bottom: black 1pt solid">Change in the partner program</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top; width: 74%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 12%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 13%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Quantity</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Quantity</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Opening balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white">48,253,812</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">36,943,996</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">New</TD>
    <TD STYLE="text-align: right; background-color: white">24,920,268</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">21,488,000</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Delivered</TD>
    <TD STYLE="text-align: right; background-color: white">(9,533,753)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(9,226,877)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Cancelled</TD>
    <TD STYLE="text-align: right; background-color: white">(710,274)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(582,431)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Closing balance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">62,930,053</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">48,622,688</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Weighted average of remaining contractual life (years)</TD>
    <TD STYLE="text-align: right; background-color: white">2.84</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2.72</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid">Market value weighted average (R$)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right; background-color: white">21.87</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: black 0.5pt solid; text-align: right">22.21</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Variable compensation</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">In this plan, part of the administrators variable remuneration is paid in cash and part in shares during a period of three years. Shares are delivered on a deferred basis, of which one-third per year, upon compliance with the conditions provided for in internal regulation. The deferred unpaid portions may be reversed proportionally to a significant reduction in the recurring income realized or the negative income for the period.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">Management members become eligible for the receipt of these benefits according to individual performance, business performance or both. The benefit amount is established according to the activities of each management member who meets at least the performance and conduct requirements.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="padding-bottom: 12pt; text-align: justify">The fair value of the share is the market price at its grant date.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #EC7000; font-weight: bold">Change in share-based variable compensation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; width: 74%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: left; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 13%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Quantity</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Quantity</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Opening balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">44,230,077</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">36,814,248</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">New</TD>
    <TD STYLE="text-align: right">21,199,342</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">21,609,092</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Delivered</TD>
    <TD STYLE="text-align: right">(17,573,649)</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">(14,263,138)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Cancelled</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(303,410)</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(568,571)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Closing balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">47,552,360</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">43,591,631</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Weighted average of remaining contractual life (years)</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">1.27</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">1.41</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Market value weighted average (R$)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">25.68</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">24.82</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 105 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->65<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 21 - Interest and similar income
and expenses and income of financial assets and liabilities at fair value through profit or loss</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Interest and similar income</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 60%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Compulsory deposits in the Central Bank of Brazil</TD>
    <TD STYLE="text-align: right">3,135</TD>
    <TD STYLE="text-align: right">2,373</TD>
    <TD STYLE="text-align: right">6,113</TD>
    <TD STYLE="text-align: right">4,399</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Interbank deposits</TD>
    <TD STYLE="text-align: right">924</TD>
    <TD STYLE="text-align: right">728</TD>
    <TD STYLE="text-align: right">1,867</TD>
    <TD STYLE="text-align: right">1,194</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Securities purchased under agreements to resell</TD>
    <TD STYLE="text-align: right">9,222</TD>
    <TD STYLE="text-align: right">4,515</TD>
    <TD STYLE="text-align: right">19,497</TD>
    <TD STYLE="text-align: right">8,694</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial assets at fair value through other comprehensive income</TD>
    <TD STYLE="text-align: right">6,292</TD>
    <TD STYLE="text-align: right">7,168</TD>
    <TD STYLE="text-align: right">12,828</TD>
    <TD STYLE="text-align: right">9,304</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial assets at amortized cost</TD>
    <TD STYLE="text-align: right">2,879</TD>
    <TD STYLE="text-align: right">2,987</TD>
    <TD STYLE="text-align: right">6,388</TD>
    <TD STYLE="text-align: right">5,717</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Loan operations</TD>
    <TD STYLE="text-align: right">31,724</TD>
    <TD STYLE="text-align: right">28,947</TD>
    <TD STYLE="text-align: right">64,399</TD>
    <TD STYLE="text-align: right">54,076</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Other financial assets</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">127</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">530</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">457</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">743</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">54,303</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">47,248</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">111,549</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">84,127</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Interest and similar expense</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 60%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Deposits</TD>
    <TD STYLE="text-align: right">(17,842)</TD>
    <TD STYLE="text-align: right">(10,917)</TD>
    <TD STYLE="text-align: right">(35,019)</TD>
    <TD STYLE="text-align: right">(19,509)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Securities sold under repurchase agreements</TD>
    <TD STYLE="text-align: right">(11,890)</TD>
    <TD STYLE="text-align: right">(5,954)</TD>
    <TD STYLE="text-align: right">(22,695)</TD>
    <TD STYLE="text-align: right">(10,914)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Interbank market funds</TD>
    <TD STYLE="text-align: right">(9,417)</TD>
    <TD STYLE="text-align: right">(917)</TD>
    <TD STYLE="text-align: right">(18,260)</TD>
    <TD STYLE="text-align: right">(9,011)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Institutional market funds</TD>
    <TD STYLE="text-align: right">(2,687)</TD>
    <TD STYLE="text-align: right">(3,692)</TD>
    <TD STYLE="text-align: right">(5,419)</TD>
    <TD STYLE="text-align: right">(6,442)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(87)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(63)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(183)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(149)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(41,923)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(21,543)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(81,576)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">(46,025)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Income of financial assets and liabilities
at fair value through profit or loss</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 60%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Securities</TD>
    <TD STYLE="text-align: right">10,069</TD>
    <TD STYLE="text-align: right">3,138</TD>
    <TD STYLE="text-align: right">15,713</TD>
    <TD STYLE="text-align: right">4,330</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Calibri; font-size: 11pt; font-style: normal; font-weight: 400">Derivatives <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">(1,551)</TD>
    <TD STYLE="text-align: right">5,477</TD>
    <TD STYLE="text-align: right">(4,426)</TD>
    <TD STYLE="text-align: right">(20)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial assets designated at fair value through profit or loss</TD>
    <TD STYLE="text-align: right">264</TD>
    <TD STYLE="text-align: right">(201)</TD>
    <TD STYLE="text-align: right">469</TD>
    <TD STYLE="text-align: right">499</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other financial assets at fair value through profit or loss</TD>
    <TD STYLE="text-align: right">309</TD>
    <TD STYLE="text-align: right">258</TD>
    <TD STYLE="text-align: right">807</TD>
    <TD STYLE="text-align: right">733</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial liabilities at fair value through profit or loss</TD>
    <TD STYLE="text-align: right">(292)</TD>
    <TD STYLE="text-align: right">(212)</TD>
    <TD STYLE="text-align: right">(667)</TD>
    <TD STYLE="text-align: right">(662)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Financial liabilities designated at fair value</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">6</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">17</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">21</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,805</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,477</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">11,917</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,879</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-size: 9pt">1) Includes the ineffective derivatives portion related to hedge accounting.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">During the period ended 06/30/2023,&nbsp;ITA&Uacute; UNIBANCO
HOLDING&nbsp;derecognized/(recognized)&nbsp;R$ (1,891) (R$ 85&nbsp;from&nbsp;01/01 to 06/30/2022) of expected losses,&nbsp;R$ (148) (R$
(24)&nbsp;from&nbsp;01/01 to 06/30/2022) for Financial assets &#8211; Fair value through other comprehensive income&nbsp;and&nbsp;R$ (1,743)&nbsp;(R$
109&nbsp;from 01/01 to 06/30/2022) for Financial assets &#8211; Amortized cost.</P>


<!-- Field: Page; Sequence: 106 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->66<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 22 - Commissions and banking fees</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Credit and debit cards</TD>
    <TD STYLE="text-align: right">5,211</TD>
    <TD STYLE="text-align: right">4,801</TD>
    <TD STYLE="text-align: right">10,362</TD>
    <TD STYLE="text-align: right">9,422</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Current account services</TD>
    <TD STYLE="text-align: right">1,740</TD>
    <TD STYLE="text-align: right">1,926</TD>
    <TD STYLE="text-align: right">3,522</TD>
    <TD STYLE="text-align: right">3,886</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Asset management</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,366</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,595</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,743</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,004</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Funds</TD>
    <TD STYLE="text-align: right">1,054</TD>
    <TD STYLE="text-align: right">1,469</TD>
    <TD STYLE="text-align: right">2,127</TD>
    <TD STYLE="text-align: right">2,626</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Consortia</TD>
    <TD STYLE="text-align: right">312</TD>
    <TD STYLE="text-align: right">126</TD>
    <TD STYLE="text-align: right">616</TD>
    <TD STYLE="text-align: right">378</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Credit operations and financial guarantees provided</TD>
    <TD STYLE="font-weight: bold; text-align: right">638</TD>
    <TD STYLE="font-weight: bold; text-align: right">657</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,268</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,291</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Credit operations</TD>
    <TD STYLE="text-align: right">279</TD>
    <TD STYLE="text-align: right">323</TD>
    <TD STYLE="text-align: right">556</TD>
    <TD STYLE="text-align: right">647</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Financial guarantees provided</TD>
    <TD STYLE="text-align: right">359</TD>
    <TD STYLE="text-align: right">334</TD>
    <TD STYLE="text-align: right">712</TD>
    <TD STYLE="text-align: right">644</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Collection services</TD>
    <TD STYLE="text-align: right">510</TD>
    <TD STYLE="text-align: right">484</TD>
    <TD STYLE="text-align: right">1,014</TD>
    <TD STYLE="text-align: right">976</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Advisory services and brokerage</TD>
    <TD STYLE="text-align: right">825</TD>
    <TD STYLE="text-align: right">1,011</TD>
    <TD STYLE="text-align: right">1,519</TD>
    <TD STYLE="text-align: right">1,779</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Custody services</TD>
    <TD STYLE="text-align: right">144</TD>
    <TD STYLE="text-align: right">154</TD>
    <TD STYLE="text-align: right">293</TD>
    <TD STYLE="text-align: right">315</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">740</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">654</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,508</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,285</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">11,174</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">11,282</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,229</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">21,958</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 23 - General and administrative expenses</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Personnel&nbsp;&nbsp;expenses</TD>
    <TD STYLE="font-weight: bold; text-align: right">(8,081)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,179)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(15,719)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(15,130)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Compensation, Payroll charges, Welfare benefits, Provision for labor claims, Dismissals, Training and Other <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">(6,376)</TD>
    <TD STYLE="text-align: right">(5,650)</TD>
    <TD STYLE="text-align: right">(12,495)</TD>
    <TD STYLE="text-align: right">(12,252)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Employees&rsquo; profit sharing and Share-based payment</TD>
    <TD STYLE="text-align: right">(1,705)</TD>
    <TD STYLE="text-align: right">(1,529)</TD>
    <TD STYLE="text-align: right">(3,224)</TD>
    <TD STYLE="text-align: right">(2,878)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Administrative&nbsp;&nbsp;expenses</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,540)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,523)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(9,024)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(8,390)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify">Third-Party and Financial System Services, Security, Transportation and Travel expenses</TD>
    <TD STYLE="text-align: right">(1,951)</TD>
    <TD STYLE="text-align: right">(1,921)</TD>
    <TD STYLE="text-align: right">(3,893)</TD>
    <TD STYLE="text-align: right">(3,648)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Data processing and&nbsp;&nbsp;telecommunications</TD>
    <TD STYLE="text-align: right">(1,225)</TD>
    <TD STYLE="text-align: right">(1,026)</TD>
    <TD STYLE="text-align: right">(2,420)</TD>
    <TD STYLE="text-align: right">(1,958)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Installations and Materials</TD>
    <TD STYLE="text-align: right">(577)</TD>
    <TD STYLE="text-align: right">(730)</TD>
    <TD STYLE="text-align: right">(1,188)</TD>
    <TD STYLE="text-align: right">(1,321)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Advertising, promotions and&nbsp;&nbsp;publicity</TD>
    <TD STYLE="text-align: right">(481)</TD>
    <TD STYLE="text-align: right">(423)</TD>
    <TD STYLE="text-align: right">(893)</TD>
    <TD STYLE="text-align: right">(773)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">(306)</TD>
    <TD STYLE="text-align: right">(423)</TD>
    <TD STYLE="text-align: right">(630)</TD>
    <TD STYLE="text-align: right">(690)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Depreciation and amortization</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,679)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,294)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,324)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,696)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Other expenses</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,668)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,413)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(8,231)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,013)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Selling - credit cards</TD>
    <TD STYLE="text-align: right">(1,453)</TD>
    <TD STYLE="text-align: right">(1,457)</TD>
    <TD STYLE="text-align: right">(3,050)</TD>
    <TD STYLE="text-align: right">(3,096)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Claims losses</TD>
    <TD STYLE="text-align: right">(241)</TD>
    <TD STYLE="text-align: right">(351)</TD>
    <TD STYLE="text-align: right">(469)</TD>
    <TD STYLE="text-align: right">(629)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Selling of non-financial products</TD>
    <TD STYLE="text-align: right">(147)</TD>
    <TD STYLE="text-align: right">(43)</TD>
    <TD STYLE="text-align: right">(277)</TD>
    <TD STYLE="text-align: right">(145)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify">Loss on&nbsp;&nbsp;sale of other assets, fixed assets and investments in associates and joint&nbsp;&nbsp;ventures</TD>
    <TD STYLE="text-align: right">(46)</TD>
    <TD STYLE="text-align: right">(17)</TD>
    <TD STYLE="text-align: right">(77)</TD>
    <TD STYLE="text-align: right">(31)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Provision for lawsuits civil</TD>
    <TD STYLE="text-align: right">(642)</TD>
    <TD STYLE="text-align: right">(283)</TD>
    <TD STYLE="text-align: right">(913)</TD>
    <TD STYLE="text-align: right">(540)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Provision for tax and social&nbsp;&nbsp;security lawsuits</TD>
    <TD STYLE="text-align: right">(278)</TD>
    <TD STYLE="text-align: right">(345)</TD>
    <TD STYLE="text-align: right">(396)</TD>
    <TD STYLE="text-align: right">(666)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Refund of interbank costs</TD>
    <TD STYLE="text-align: right">(102)</TD>
    <TD STYLE="text-align: right">(91)</TD>
    <TD STYLE="text-align: right">(193)</TD>
    <TD STYLE="text-align: right">(182)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Impairment</TD>
    <TD STYLE="text-align: right">(24)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(38)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid; text-align: left">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(1,735)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(826)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(2,818)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(1,724)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">(18,968)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16,409)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(36,298)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(33,229)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes the effects of the Voluntary Severance Program.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 107 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->67<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 24 - Taxes</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">ITA&Uacute;
    UNIBANCO HOLDING and each one of its subsidiaries calculate separately, in each fiscal year, Income tax and social contribution on
    net income.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-size: 10pt; text-align: justify"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Taxes are calculated
    at the rates shown below and consider, for effects of respective calculation bases, the legislation in force applicable to each charge.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD>
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 10pt; border-top: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Income tax</FONT></TD>
    <TD STYLE="font-size: 10pt; border-top: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">15.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 10pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Additional income tax</FONT></TD>
    <TD STYLE="font-size: 10pt; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">10.00%</FONT></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Social contribution
    on net income</FONT></TD>
    <TD STYLE="font-size: 10pt; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">20.00%</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Expenses for taxes and contributions</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: left">Breakdown of income tax and social contribution calculation on net income:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 56%">Due on operations for the period</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Income&nbsp;&nbsp;/ (loss) before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">10,907</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">9,892</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">19,144</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">19,054</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; background-color: white">Charges (income tax and social contribution) at the rates in effect</TD>
    <TD STYLE="text-align: right">(4,908)</TD>
    <TD STYLE="text-align: right">(4,451)</TD>
    <TD STYLE="text-align: right">(8,615)</TD>
    <TD STYLE="text-align: right">(8,574)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Increase / decrease in income tax and social contribution charges arising from:</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Share of profit or (loss) of associates and joint ventures</TD>
    <TD STYLE="text-align: right">239</TD>
    <TD STYLE="text-align: right">234</TD>
    <TD STYLE="text-align: right">320</TD>
    <TD STYLE="text-align: right">318</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Foreign exchange variation on investments abroad</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">77</TD>
    <TD STYLE="text-align: right">16</TD>
    <TD STYLE="text-align: right">(24)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Interest on capital</TD>
    <TD STYLE="text-align: right">1,362</TD>
    <TD STYLE="text-align: right">232</TD>
    <TD STYLE="text-align: right">2,749</TD>
    <TD STYLE="text-align: right">525</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Other nondeductible expenses net of non taxable income <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">(297)</TD>
    <TD STYLE="text-align: right">1,274</TD>
    <TD STYLE="text-align: right">(302)</TD>
    <TD STYLE="text-align: right">2,986</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Income tax and social contribution expenses</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,587)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,634)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(5,832)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,769)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Related to temporary differences</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Increase / (reversal) for the period</TD>
    <TD STYLE="text-align: right">1,609</TD>
    <TD STYLE="text-align: right">352</TD>
    <TD STYLE="text-align: right">3,151</TD>
    <TD STYLE="text-align: right">277</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">(Expenses) / Income from deferred taxes</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,609</TD>
    <TD STYLE="font-weight: bold; text-align: right">352</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,151</TD>
    <TD STYLE="font-weight: bold; text-align: right">277</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Total income tax and social contribution expenses</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(1,978)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(2,282)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(2,681)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(4,492)</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="5" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes temporary (additions) and exclusions.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 108 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->68<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Deferred taxes</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - The deferred tax asset balance and
its changes, segregated based on its origin and disbursements, are represented by:</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 57%">01/01/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Realization / Reversal</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Increase</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: right">55,806</TD>
    <TD STYLE="font-weight: bold; text-align: right">(9,389)</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,649</TD>
    <TD STYLE="font-weight: bold; text-align: right">59,066</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for expected loss</TD>
    <TD STYLE="text-align: right">34,160</TD>
    <TD STYLE="text-align: right">(2,792)</TD>
    <TD STYLE="text-align: right">6,584</TD>
    <TD STYLE="text-align: right">37,952</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Related to tax losses and social contribution loss carryforwards</TD>
    <TD STYLE="text-align: right">2,496</TD>
    <TD STYLE="text-align: right">(392)</TD>
    <TD STYLE="text-align: right">256</TD>
    <TD STYLE="text-align: right">2,360</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for profit sharing</TD>
    <TD STYLE="text-align: right">2,635</TD>
    <TD STYLE="text-align: right">(2,635)</TD>
    <TD STYLE="text-align: right">1,838</TD>
    <TD STYLE="text-align: right">1,838</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for devaluation of securities with permanent impairment</TD>
    <TD STYLE="text-align: right">812</TD>
    <TD STYLE="text-align: right">(382)</TD>
    <TD STYLE="text-align: right">498</TD>
    <TD STYLE="text-align: right">928</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provisions</TD>
    <TD STYLE="text-decoration: underline; text-align: right">5,734</TD>
    <TD STYLE="text-decoration: underline; text-align: right">(1,032)</TD>
    <TD STYLE="text-decoration: underline; text-align: right">1,152</TD>
    <TD STYLE="text-decoration: underline; text-align: right">5,854</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Civil lawsuits</TD>
    <TD STYLE="text-align: right">1,230</TD>
    <TD STYLE="text-align: right">(349)</TD>
    <TD STYLE="text-align: right">404</TD>
    <TD STYLE="text-align: right">1,285</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Labor claims</TD>
    <TD STYLE="text-align: right">3,010</TD>
    <TD STYLE="text-align: right">(599)</TD>
    <TD STYLE="text-align: right">690</TD>
    <TD STYLE="text-align: right">3,101</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Tax and social security lawsuits</TD>
    <TD STYLE="text-align: right">1,494</TD>
    <TD STYLE="text-align: right">(84)</TD>
    <TD STYLE="text-align: right">58</TD>
    <TD STYLE="text-align: right">1,468</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Legal obligations</TD>
    <TD STYLE="text-align: right">464</TD>
    <TD STYLE="text-align: right">(39)</TD>
    <TD STYLE="text-align: right">18</TD>
    <TD STYLE="text-align: right">443</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustments of operations carried out on the futures settlement market</TD>
    <TD STYLE="text-align: right">171</TD>
    <TD STYLE="text-align: right">(171)</TD>
    <TD STYLE="text-align: right">271</TD>
    <TD STYLE="text-align: right">271</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through profit or loss</TD>
    <TD STYLE="text-align: right">804</TD>
    <TD STYLE="text-align: right">(804)</TD>
    <TD STYLE="text-align: right">885</TD>
    <TD STYLE="text-align: right">885</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision relating to health insurance operations</TD>
    <TD STYLE="text-align: right">400</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">398</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">8,130</TD>
    <TD STYLE="text-align: right">(1,140)</TD>
    <TD STYLE="text-align: right">1,147</TD>
    <TD STYLE="text-align: right">8,137</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in stockholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,453</TD>
    <TD STYLE="font-weight: bold; text-align: right">(447)</TD>
    <TD STYLE="font-weight: bold; text-align: right">149</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,155</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through other comprehensive income</TD>
    <TD STYLE="text-align: right">2,546</TD>
    <TD STYLE="text-align: right">(312)</TD>
    <TD STYLE="text-align: right">141</TD>
    <TD STYLE="text-align: right">2,375</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Cash flow hedge</TD>
    <TD STYLE="text-align: right">342</TD>
    <TD STYLE="text-align: right">(135)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">207</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">565</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">573</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1,2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">59,259</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(9,836)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">12,798</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">62,221</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; text-align: justify">1) Deferred income tax and social contribution assets and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 54,044 and R$ 494, respectively.<BR>
2) The accounting records of deferred tax assets on income tax losses and/or social contribution loss carryforwards, as well as those arising from temporary differences, are based on technical feasibility studies which consider the expected generation of future taxable income, considering the history of profitability for each subsidiary individually, and for the consolidated taken as a whole.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 57%">01/01/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Realization / Reversal</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Increase</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: right">53,135</TD>
    <TD STYLE="font-weight: bold; text-align: right">(19,244)</TD>
    <TD STYLE="font-weight: bold; text-align: right">21,915</TD>
    <TD STYLE="font-weight: bold; text-align: right">55,806</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for expected loss</TD>
    <TD STYLE="text-align: right">28,428</TD>
    <TD STYLE="text-align: right">(7,622)</TD>
    <TD STYLE="text-align: right">13,354</TD>
    <TD STYLE="text-align: right">34,160</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Related to tax losses and social contribution loss carryforwards</TD>
    <TD STYLE="text-align: right">3,751</TD>
    <TD STYLE="text-align: right">(1,518)</TD>
    <TD STYLE="text-align: right">263</TD>
    <TD STYLE="text-align: right">2,496</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for profit sharing</TD>
    <TD STYLE="text-align: right">2,265</TD>
    <TD STYLE="text-align: right">(2,265)</TD>
    <TD STYLE="text-align: right">2,635</TD>
    <TD STYLE="text-align: right">2,635</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision for devaluation of securities with permanent impairment</TD>
    <TD STYLE="text-align: right">998</TD>
    <TD STYLE="text-align: right">(595)</TD>
    <TD STYLE="text-align: right">409</TD>
    <TD STYLE="text-align: right">812</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provisions</TD>
    <TD STYLE="text-decoration: underline; text-align: right">5,848</TD>
    <TD STYLE="text-decoration: underline; text-align: right">(1,699)</TD>
    <TD STYLE="text-decoration: underline; text-align: right">1,585</TD>
    <TD STYLE="text-decoration: underline; text-align: right">5,734</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Civil lawsuits</TD>
    <TD STYLE="text-align: right">1,257</TD>
    <TD STYLE="text-align: right">(400)</TD>
    <TD STYLE="text-align: right">373</TD>
    <TD STYLE="text-align: right">1,230</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Labor claims</TD>
    <TD STYLE="text-align: right">3,175</TD>
    <TD STYLE="text-align: right">(1,204)</TD>
    <TD STYLE="text-align: right">1,039</TD>
    <TD STYLE="text-align: right">3,010</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Tax and social security lawsuits</TD>
    <TD STYLE="text-align: right">1,416</TD>
    <TD STYLE="text-align: right">(95)</TD>
    <TD STYLE="text-align: right">173</TD>
    <TD STYLE="text-align: right">1,494</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Legal obligations</TD>
    <TD STYLE="text-align: right">822</TD>
    <TD STYLE="text-align: right">(379)</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">464</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustments of operations carried out on the futures settlement market</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">171</TD>
    <TD STYLE="text-align: right">171</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through profit or loss</TD>
    <TD STYLE="text-align: right">2,726</TD>
    <TD STYLE="text-align: right">(2,726)</TD>
    <TD STYLE="text-align: right">804</TD>
    <TD STYLE="text-align: right">804</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Provision relating to health insurance operations</TD>
    <TD STYLE="text-align: right">437</TD>
    <TD STYLE="text-align: right">(59)</TD>
    <TD STYLE="text-align: right">22</TD>
    <TD STYLE="text-align: right">400</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">7,860</TD>
    <TD STYLE="text-align: right">(2,381)</TD>
    <TD STYLE="text-align: right">2,651</TD>
    <TD STYLE="text-align: right">8,130</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in stockholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,447</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,249)</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,255</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,453</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through other comprehensive income</TD>
    <TD STYLE="text-align: right">1,445</TD>
    <TD STYLE="text-align: right">(1,127)</TD>
    <TD STYLE="text-align: right">2,228</TD>
    <TD STYLE="text-align: right">2,546</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Cash flow hedge</TD>
    <TD STYLE="text-align: right">461</TD>
    <TD STYLE="text-align: right">(122)</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">342</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">541</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">24</TD>
    <TD STYLE="text-align: right">565</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1,2)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">55,582</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(20,493)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">24,170</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">59,259</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; text-align: justify">1) Deferred income tax and social contribution assets and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 51,634 and R$ 345, respectively.<BR>
2) The accounting records of deferred tax assets on income tax losses and/or social contribution loss carryforwards, as well as those arising from temporary differences, are based on technical feasibility studies which consider the expected generation of future taxable income, considering the history of profitability for each subsidiary individually, and for the consolidated taken as a whole.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 109 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->69<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - The deferred tax liabilities balance
and its changes are represented by:</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 56%">01/01/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Realization /&nbsp;&nbsp;reversal</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">Increase</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,111</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,908)</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,017</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,220</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Depreciation in excess finance lease</TD>
    <TD STYLE="text-align: right">141</TD>
    <TD STYLE="text-align: right">(13)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">128</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment of deposits in guarantee and provisions</TD>
    <TD STYLE="text-align: right">1,439</TD>
    <TD STYLE="text-align: right">(92)</TD>
    <TD STYLE="text-align: right">81</TD>
    <TD STYLE="text-align: right">1,428</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Post-employment benefits</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">(11)</TD>
    <TD STYLE="text-align: right">22</TD>
    <TD STYLE="text-align: right">28</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustments of operations carried out on the futures settlement market</TD>
    <TD STYLE="text-align: right">42</TD>
    <TD STYLE="text-align: right">(42)</TD>
    <TD STYLE="text-align: right">63</TD>
    <TD STYLE="text-align: right">63</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through profit or loss</TD>
    <TD STYLE="text-align: right">1,554</TD>
    <TD STYLE="text-align: right">(1,554)</TD>
    <TD STYLE="text-align: right">1,550</TD>
    <TD STYLE="text-align: right">1,550</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Taxation of results abroad &ndash; capital gains</TD>
    <TD STYLE="text-align: right">734</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">236</TD>
    <TD STYLE="text-align: right">970</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">3,184</TD>
    <TD STYLE="text-align: right">(196)</TD>
    <TD STYLE="text-align: right">65</TD>
    <TD STYLE="text-align: right">3,053</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in stockholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; text-align: right">859</TD>
    <TD STYLE="font-weight: bold; text-align: right">(217)</TD>
    <TD STYLE="font-weight: bold; text-align: right">809</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,451</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through other comprehensive income</TD>
    <TD STYLE="text-align: right">854</TD>
    <TD STYLE="text-align: right">(217)</TD>
    <TD STYLE="text-align: right">809</TD>
    <TD STYLE="text-align: right">1,446</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Post-employment benefits</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">7,970</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(2,125)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,826</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">8,671</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Deferred income tax and social contribution asset and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 54,044 and R$ 494, respectively.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; border-bottom: black 1pt solid; text-align: center">01/01/2022</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2021</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Realization / reversal</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Increase</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,580</TD>
    <TD STYLE="font-weight: bold; text-align: right">(592)</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,123</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,111</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Depreciation in excess finance lease</TD>
    <TD STYLE="text-align: right">137</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">141</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment of deposits in guarantee and provisions</TD>
    <TD STYLE="text-align: right">1,422</TD>
    <TD STYLE="text-align: right">(156)</TD>
    <TD STYLE="text-align: right">173</TD>
    <TD STYLE="text-align: right">1,439</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Post-employment benefits</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustments of operations carried out on the futures settlement market</TD>
    <TD STYLE="text-align: right">237</TD>
    <TD STYLE="text-align: right">(237)</TD>
    <TD STYLE="text-align: right">42</TD>
    <TD STYLE="text-align: right">42</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through profit or loss</TD>
    <TD STYLE="text-align: right">71</TD>
    <TD STYLE="text-align: right">(71)</TD>
    <TD STYLE="text-align: right">1,554</TD>
    <TD STYLE="text-align: right">1,554</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Taxation of results abroad &ndash; capital gains</TD>
    <TD STYLE="text-align: right">834</TD>
    <TD STYLE="text-align: right">(104)</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">734</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">1,873</TD>
    <TD STYLE="text-align: right">(18)</TD>
    <TD STYLE="text-align: right">1,329</TD>
    <TD STYLE="text-align: right">3,184</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Reflected in stockholders&rsquo; equity</TD>
    <TD STYLE="font-weight: bold; text-align: right">189</TD>
    <TD STYLE="font-weight: bold; text-align: right">(116)</TD>
    <TD STYLE="font-weight: bold; text-align: right">786</TD>
    <TD STYLE="font-weight: bold; text-align: right">859</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Adjustment to fair value of financial assets - At fair value through other comprehensive income</TD>
    <TD STYLE="text-align: right">182</TD>
    <TD STYLE="text-align: right">(114)</TD>
    <TD STYLE="text-align: right">786</TD>
    <TD STYLE="text-align: right">854</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Cash flow hedge</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Post-employment benefits</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">5</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,769</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(708)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">3,909</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">7,970</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Deferred income tax and social contribution asset and liabilities are recorded in the balance sheet offset by a taxable entity and amounting to R$ 51,634 and R$ 345, respectively.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - The estimate of realization and
present value of deferred tax assets and deferred tax liabilities are:</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Deferred tax assets</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Deferred tax liabilities</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">%</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Net deferred taxes</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center">Year of realization</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Temporary differences</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Tax loss / social contribution loss carryforwards</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: center; width: 13%">2023</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 10%">10,951</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 6%">18.3%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 17%">636</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 6%">26.9%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 10%">11,587</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 6%">18.6%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 10%">(362)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 6%">4.2%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 10%">11,225</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; width: 6%">21.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">2024</TD>
    <TD STYLE="text-align: right">16,777</TD>
    <TD STYLE="text-align: right">28.0%</TD>
    <TD STYLE="text-align: right">368</TD>
    <TD STYLE="text-align: right">15.6%</TD>
    <TD STYLE="text-align: right">17,145</TD>
    <TD STYLE="text-align: right">27.6%</TD>
    <TD STYLE="text-align: right">(701)</TD>
    <TD STYLE="text-align: right">8.1%</TD>
    <TD STYLE="text-align: right">16,444</TD>
    <TD STYLE="text-align: right">30.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">2025</TD>
    <TD STYLE="text-align: right">7,187</TD>
    <TD STYLE="text-align: right">12.0%</TD>
    <TD STYLE="text-align: right">167</TD>
    <TD STYLE="text-align: right">7.1%</TD>
    <TD STYLE="text-align: right">7,354</TD>
    <TD STYLE="text-align: right">11.8%</TD>
    <TD STYLE="text-align: right">(264)</TD>
    <TD STYLE="text-align: right">3.0%</TD>
    <TD STYLE="text-align: right">7,090</TD>
    <TD STYLE="text-align: right">13.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">2026</TD>
    <TD STYLE="text-align: right">6,495</TD>
    <TD STYLE="text-align: right">10.9%</TD>
    <TD STYLE="text-align: right">243</TD>
    <TD STYLE="text-align: right">10.3%</TD>
    <TD STYLE="text-align: right">6,738</TD>
    <TD STYLE="text-align: right">10.8%</TD>
    <TD STYLE="text-align: right">(189)</TD>
    <TD STYLE="text-align: right">2.2%</TD>
    <TD STYLE="text-align: right">6,549</TD>
    <TD STYLE="text-align: right">12.2%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">2027</TD>
    <TD STYLE="text-align: right">7,306</TD>
    <TD STYLE="text-align: right">12.2%</TD>
    <TD STYLE="text-align: right">162</TD>
    <TD STYLE="text-align: right">6.9%</TD>
    <TD STYLE="text-align: right">7,468</TD>
    <TD STYLE="text-align: right">12.0%</TD>
    <TD STYLE="text-align: right">(221)</TD>
    <TD STYLE="text-align: right">2.5%</TD>
    <TD STYLE="text-align: right">7,247</TD>
    <TD STYLE="text-align: right">13.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">After 2027</TD>
    <TD STYLE="text-align: right">11,145</TD>
    <TD STYLE="text-align: right">18.6%</TD>
    <TD STYLE="text-align: right">784</TD>
    <TD STYLE="text-align: right">33.2%</TD>
    <TD STYLE="text-align: right">11,929</TD>
    <TD STYLE="text-align: right">19.2%</TD>
    <TD STYLE="text-align: right">(6,934)</TD>
    <TD STYLE="text-align: right">80.0%</TD>
    <TD STYLE="text-align: right">4,995</TD>
    <TD STYLE="text-align: right">9.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">59,861</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">2,360</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">62,221</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">(8,671)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">53,550</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Present value <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">52,896</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">2,090</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">54,986</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">(6,583)</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">48,403</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="11" STYLE="text-align: justify; padding-bottom: 12pt; font-size: 9pt">1) The average funding rate, net of tax effects, was used to determine the present value.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11" STYLE="text-align: justify; padding-bottom: 12pt; font-size: 9pt">Projections of future taxable income include estimates of macroeconomic variables, exchange rates, interest rates, volumes of financial operations and service fees and other factors, which can vary in relation to actual data and amounts.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11" STYLE="text-align: justify; padding-bottom: 12pt; font-size: 9pt">Net income in the financial statements is not directly related to the taxable income for income tax and social contribution, due to differences between accounting criteria and the tax legislation, in addition to corporate aspects. Accordingly, it is recommended that changes in realization of deferred tax assets presented above are not considered as an indication of future net income.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 110 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->70<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Deferred tax assets not accounted</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">At 06/30/2023, deferred tax assets not accounted for correspond
to R$&nbsp;640 (R$ 642 at 12/31/2022) and result from Management&#8217;s evaluation of their perspectives of realization in the long term.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Tax liabilities</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 64%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 8%">Note</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 14%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 14%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">Taxes and contributions on income payable</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">2,826</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">2,950</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Deferred tax liabilities</TD>
    <TD STYLE="text-align: center">24b II</TD>
    <TD STYLE="text-align: right">494</TD>
    <TD STYLE="text-align: right">345</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Other</TD>
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">4,040</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,478</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,360</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,773</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Current</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">6,336</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">5,964</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Non-current</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">1,024</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">809</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 111 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->71<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 25 - Earnings per share</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Basic earnings per share</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Net income attributable to ITA&Uacute; UNIBANCO HOLDING's shareholders is divided by the average number of outstanding shares in the period, excluding treasury shares.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Net income attributable to owners of the parent company</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,619</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,298</TD>
    <TD STYLE="font-weight: bold; text-align: right">15,974</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,966</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Minimum non-cumulative dividends on preferred shares</TD>
    <TD STYLE="text-align: right">(106)</TD>
    <TD STYLE="text-align: right">(107)</TD>
    <TD STYLE="text-align: right">(107)</TD>
    <TD STYLE="text-align: right">(106)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Retained earnings to be distributed to common equity owners in an amount per share equal to the minimum dividend payable to preferred equity owners</TD>
    <TD STYLE="text-align: right">(109)</TD>
    <TD STYLE="text-align: right">(109)</TD>
    <TD STYLE="text-align: right">(109)</TD>
    <TD STYLE="text-align: right">(109)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Retained earnings to be distributed, on a pro rata basis, to common and preferred equity owners:</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">4,252</TD>
    <TD STYLE="text-align: right">3,583</TD>
    <TD STYLE="text-align: right">7,976</TD>
    <TD STYLE="text-align: right">6,959</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Preferred</TD>
    <TD STYLE="text-align: right">4,152</TD>
    <TD STYLE="text-align: right">3,499</TD>
    <TD STYLE="text-align: right">7,782</TD>
    <TD STYLE="text-align: right">6,792</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Total net income available to equity owners</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">4,361</TD>
    <TD STYLE="text-align: right">3,692</TD>
    <TD STYLE="text-align: right">8,085</TD>
    <TD STYLE="text-align: right">7,068</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Preferred</TD>
    <TD STYLE="text-align: right">4,258</TD>
    <TD STYLE="text-align: right">3,606</TD>
    <TD STYLE="text-align: right">7,889</TD>
    <TD STYLE="text-align: right">6,898</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Weighted average number of outstanding shares</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Preferred</TD>
    <TD STYLE="text-align: right">4,841,653,914</TD>
    <TD STYLE="text-align: right">4,842,752,798</TD>
    <TD STYLE="text-align: right">4,837,567,276</TD>
    <TD STYLE="text-align: right">4,838,833,377</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Basic earnings per share &ndash; R$</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">0.88</TD>
    <TD STYLE="text-align: right">0.74</TD>
    <TD STYLE="text-align: right">1.63</TD>
    <TD STYLE="text-align: right">1.43</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Preferred</TD>
    <TD STYLE="text-align: right">0.88</TD>
    <TD STYLE="text-align: right">0.74</TD>
    <TD STYLE="text-align: right">1.63</TD>
    <TD STYLE="text-align: right">1.43</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Diluted earnings per share</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Calculated similarly to the basic earnings per share; however, it includes the conversion of all preferred shares potentially dilutable in the denominator.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; width: 56%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 11%">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Net income available to preferred equity owners</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,258</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">3,606</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">7,889</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">6,898</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Dividends on preferred shares after dilution effects</TD>
    <TD STYLE="text-align: right">31</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">44</TD>
    <TD STYLE="text-align: right">27</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Net income available to preferred equity owners considering preferred shares after the dilution effect</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,289</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,627</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,933</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,925</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Net income available to ordinary equity owners</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,361</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,692</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,085</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,068</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Dividend on preferred shares after dilution effects</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">(21)</TD>
    <TD STYLE="text-align: right">(44)</TD>
    <TD STYLE="text-align: right">(27)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Net income available to ordinary equity owners considering preferred shares after the dilution effect</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,330</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,671</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,041</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,041</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Adjusted weighted average of shares</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD>
    <TD STYLE="text-align: right">4,958,290,359</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Preferred</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,912,392,609</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,899,092,078</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,891,767,691</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,875,507,563</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Preferred</TD>
    <TD STYLE="text-align: right">4,841,653,914</TD>
    <TD STYLE="text-align: right">4,842,752,798</TD>
    <TD STYLE="text-align: right">4,837,567,276</TD>
    <TD STYLE="text-align: right">4,838,833,377</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Incremental as per share-based payment plans</TD>
    <TD STYLE="text-align: right">70,738,695</TD>
    <TD STYLE="text-align: right">56,339,280</TD>
    <TD STYLE="text-align: right">54,200,415</TD>
    <TD STYLE="text-align: right">36,674,186</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Diluted earnings per share &ndash; R$</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Common</TD>
    <TD STYLE="text-align: right">0.87</TD>
    <TD STYLE="text-align: right">0.74</TD>
    <TD STYLE="text-align: right">1.62</TD>
    <TD STYLE="text-align: right">1.42</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid">Preferred</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">0.87</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">0.74</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">1.62</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">1.42</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="5" STYLE="padding-top: 12pt; text-align: justify; padding-bottom: 12pt">There was no potentially antidulitive effect of the shares in share-based payment plans, in both periods.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 112 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->72<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 26 - Post-employment benefits</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING, through its subsidiaries, sponsors
retirement plans for its employees.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Retirement plans are managed by Closed-end Private Pension
Entities (EFPC) and are closed to new applicants. These entities have an independent structure and manage their plans according to the
characteristics of their regulations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">There are three types of retirement plan:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Defined
Benefit Plans (BD): plans for which scheduled benefits have their value established in advance, based on salaries and/or length of service
of employees, and the cost is actuarially determined. The&nbsp;plans classified in this category are: Plano de Aposentadoria Complementar;
Plano de Aposentadoria Complementar M&oacute;vel Vital&iacute;cia; Plano de Benef&iacute;cio Franprev; Plano de Benef&iacute;cio 002;
Plano de Benef&iacute;cios Prebeg; Plano BD UBB PREV; Plano de Benef&iacute;cios II; Plano B&aacute;sico Itaulam; Plano BD Itaucard; Plano
de Aposentadoria Principal Ita&uacute; Unibanco managed by Funda&ccedil;&atilde;o Ita&uacute; Unibanco - Previd&ecirc;ncia Complementar
(FIU); and Plano de Benef&iacute;cios I, managed by Fundo de Pens&atilde;o Multipatrocinado&nbsp;(FUNBEP).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Defined
Contribution Plans (CD):&nbsp;plans for which scheduled benefits have their value permanently adjusted to the investments balance, kept
in favor of the participant, including in the benefit concession phase, considering net proceedings of its investment, amounts contributed
and benefits paid.&nbsp;Defined Contribution plans include pension funds consisting of the portions of sponsor's contributions not included
in a participant's account balance due to loss of eligibility for the benefit, and of monies arising from the migration of retirement
plans in defined benefit modality. These funds are used for future contributions to individual participant's accounts, according to the
respective benefit plan regulations. The plans classified in this category are: Plano Itaubanco CD; Plano de Aposentadoria Itaubank; Plano
de Previd&ecirc;ncia REDECARD managed by FIU.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Variable
Contribution Plans (CV): in this type of plan, scheduled benefits present a combination of characteristics of defined contribution and
defined benefit modalities, and the benefit is actuarially determined based on the investments balance accumulated by the participant
on the retirement date.&nbsp;The plans classified in this category are: Plano de Previd&ecirc;ncia Unibanco Futuro Inteligente; Plano
Suplementar Itaulam; Plano CV Itaucard; Plano de Aposentadoria Suplementar Ita&uacute; Unibanco managed by FIU and Plano de Benef&iacute;cios
II managed by FUNBEP.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Main actuarial assumptions</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-bottom: 12pt; text-align: justify">Actuarial assumptions of demographic and financial nature should reflect the best estimates about the variables that determine the post-employment benefit obligations.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-bottom: 12pt; text-align: justify">The most relevant demographic assumption comprise of mortality table and the most relevant financial assumptions include: discount rate and inflation.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; border-top-color: black; border-top-width: 1pt; width: 46%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt; width: 27%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt; width: 27%">06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Mortality table <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: center">AT-2000</TD>
    <TD STYLE="text-align: center">AT-2000</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Discount rate <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: center">10.34% p.a.</TD>
    <TD STYLE="text-align: center">9.46% p.a.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Inflation <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: center">4.00% p.a.</TD>
    <TD STYLE="text-align: center">4.00% p.a.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid">Actuarial method</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">Projected Unit Credit</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">Projected Unit Credit</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Correspond to those disclosed by SOA (Society of Actuaries), that reflect a 10% increase in the probabilities of survival&nbsp;&nbsp;regarding the respective basic tables.<BR>
2) Determined based on market yield relating to National Treasury Notes (NTN-B) and compatible with the economic scenario observed on the balance sheet closing date, considering the volatility of interest market and models used.<BR>
3) Refers to estimated long-term projection.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="padding-top: 12pt; text-align: justify; padding-bottom: 12pt">Retirement plans sponsored by foreign subsidiaries - Banco Ita&uacute; (Suisse) S.A., Ita&uacute; Colombia S.A. and PROSERV - Promociones y Servicios S.A. de C.V. - are structured as Defined Benefit modality and adopt actuarial assumptions adequate to masses of participants and the economic scenario of each country.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 113 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->73<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Risk management</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The EFPCs sponsored by ITA&Uacute; UNIBANCO HOLDING&nbsp;are
regulated by the National Council for Complementary Pension (CNPC) and PREVIC, and have an Executive Board, Advisory and Tax Councils.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Benefits offered have long-term characteristics and the main
factors involved in the management and measurement of their risks are financial risk, inflation risk and demographic risk.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Financial
risk&nbsp;</B>&#8211; the actuarial liability is calculated by adopting a discount, which may differ from rates earned in investments.
If real income from plan investments is lower than yield expected, this may give rise to a deficit. To mitigate this risk and assure the
capacity to pay long-term benefits, the plans have a significant percentage of fixed-income securities pegged to the plan commitments,
aiming at minimizing volatility and risk of mismatch between assets and liabilities. Additionally, adherence tests are carried out in
financial assumptions to ensure their adequacy to obligations of respective plans.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Inflation
risk </B>-&nbsp;a large part of liabilities is pegged to inflation risk, making actuarial liabilities sensitive to increase in rates.
To mitigate this risk, the same financial risks mitigation strategies are used.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Demographic
risk -&nbsp;</B>plans that have any obligation actuarially assessed are exposed to demographic risk. In the event the mortality tables
used are not adherent to the mass of plan participants, a deficit or surplus may arise in actuarial evaluation. To mitigate this risk,
adherence tests to demographic assumptions are conducted to ensure their adequacy to liabilities of respective plans.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For purposes of registering in the balance sheet of the EFPCs
that manage them, actuarial liabilities of plans use discount rate adherent to their&nbsp;asset portfolio and income and expense flows,
according to a study prepared by an independent&nbsp;actuarial consulting company. The actuarial method used is the aggregate method,
through which the plan costing is defined by the difference between its equity coverage and the current value of its future liabilities,
observing the methodology established in the respective actuarial technical note.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0pt 0pt 9pt; text-align: justify">When a deficit in the concession period above the legally
defined limits is noted, debt agreements are entered into with the sponsor according to costing policies, which affect the future contributions
of the plan, and a plan for solving such deficit is established respecting the guarantees set forth by the legislation in force. The plans
that are in this situation are resolved through extraordinary contributions that affect the values of the future contribution of the plan.</P>


<!-- Field: Page; Sequence: 114 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->74<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Asset management</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="padding-bottom: 12pt; text-align: justify">The purpose of the management of the funds is the long-term balance between pension assets and liabilities with payment of benefits by exceeding actuarial goals(discount rate plus benefit adjustment index, established in the plan regulations).</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="padding-bottom: 12pt; text-align: justify">Below is a table with the allocation of assets by category, segmented into Quoted in an active market and Not quoted in an active market:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Types</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">% Allocation</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 43%">Fixed income securities</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">20,987</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">20,684</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">94.1%</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 14%">94.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Quoted in an active market</TD>
    <TD STYLE="text-align: right">20,368</TD>
    <TD STYLE="text-align: right">20,102</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">91.3%</TD>
    <TD STYLE="text-align: right">91.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Non quoted in an active market</TD>
    <TD STYLE="text-align: right">619</TD>
    <TD STYLE="text-align: right">582</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2.8%</TD>
    <TD STYLE="text-align: right">2.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Variable income securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">590</TD>
    <TD STYLE="font-weight: bold; text-align: right">515</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2.7%</TD>
    <TD STYLE="font-weight: bold; text-align: right">2.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Quoted in an active market</TD>
    <TD STYLE="text-align: right">578</TD>
    <TD STYLE="text-align: right">508</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2.6%</TD>
    <TD STYLE="text-align: right">2.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Non quoted in an active market</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.1%</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Structured investments</TD>
    <TD STYLE="font-weight: bold; text-align: right">141</TD>
    <TD STYLE="font-weight: bold; text-align: right">138</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">0.6%</TD>
    <TD STYLE="font-weight: bold; text-align: right">0.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Non quoted in an active market</TD>
    <TD STYLE="text-align: right">141</TD>
    <TD STYLE="text-align: right">138</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">0.6%</TD>
    <TD STYLE="text-align: right">0.6%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Real estate</TD>
    <TD STYLE="font-weight: bold; text-align: right">514</TD>
    <TD STYLE="font-weight: bold; text-align: right">527</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2.3%</TD>
    <TD STYLE="font-weight: bold; text-align: right">2.4%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Loans to participants</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">77</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">69</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">0.3%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">0.3%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">22,309</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">21,933</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">100.0%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">100.0%</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 12pt 0pt; text-align: justify">The defined benefit plan assets include shares of ITA&Uacute;
UNIBANCO HOLDING, its main parent company (ITA&Uacute;SA) and of subsidiaries of the latter, with a fair value of R$ 1&nbsp;(R$ 1&nbsp;at
12/31/2022), and real estate rented to group companies, with a fair value of R$ 411 (R$ 420&nbsp;at 12/31/2022).</P>


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Other post-employment benefits</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING and its subsidiaries do not
have additional liabilities related to post-employment benefits, except in cases arising from maintenance commitments assumed in acquisition
agreements which occurred over the years, as well as those benefits originated from court decision in the terms and conditions established,
in which there is total or partial sponsorship of health care plans for a specific group of former employees and their beneficiaries.
Its costing is actuarially determined so as to ensure coverage maintenance. These plans are closed to new applicants.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Assumptions for discount rate, inflation, mortality table
and actuarial method are the same as those used for retirement plans. ITA&Uacute; UNIBANCO HOLDING used the percentage of&nbsp;4%&nbsp;p.a.
for medical inflation, additionally considering, inflation rate of&nbsp;4% p.a.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 10pt; text-align: justify">Particularly in other post-employment benefits, there is
medical inflation risk associated with above expectation&nbsp;increases in medical costs. To mitigate this risk, the same financial risks
mitigation strategies are used.</P>


<!-- Field: Page; Sequence: 115 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->75<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>e) Change in the net amount recognized
in the balance sheet</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="14" STYLE="padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-size: 10pt">The net amount recognized in the Balance Sheet is limited
    by the asset ceiling and it is computed based on estimated future contributions to be realized by the sponsor, so that it represents
    the maximum reduction amount in the contributions to be made.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="12" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 7pt">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 7pt">Note</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">BD and
    CV plans</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">CD plans</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Other post-employment
    benefits</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; width: 38%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 3%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Net asset</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Actuarial
    liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Asset ceiling</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Recognized
    amount</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Pension
    plan fund</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Asset ceiling</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Recognized
    amount</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 8%"><FONT STYLE="font-size: 7pt">Liabilities</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 6%"><FONT STYLE="font-size: 7pt">Recognized
    amount</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts at the beginning of the period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">21,933</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(19,637)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(3,734)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,438)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">420</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(42)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">378</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(849)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,909)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts recognized in income (1+2+3+4)</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">1,090</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(980)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(189)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(79)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(22)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(2)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(24)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(41)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(144)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">1 - Cost of current service</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(14)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(14)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(14)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">2 - Cost of past service</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Calibri; font-size: 7pt; font-style: normal; font-weight: 400">3 - Net interest <SUP>(1)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,090</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(966)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(189)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(65)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">20</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(2)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">18</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(41)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(88)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Calibri; font-size: 7pt; font-style: normal; font-weight: 400">4 - Other expenses <SUP>(2)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(42)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(42)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(42)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">Amount recognized in stockholders' equity - other comprehensive income
    (5+6+7)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(6)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(11)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(19)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(36)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(36)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">5 - Effects on asset ceiling</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(19)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(19)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(19)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">6 - Remeasurements</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 7pt">Changes in demographic assumptions</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 7pt">Changes in financial assumptions</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">Experience
    of the plan <SUP>(3)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(8)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">7 - Exchange variation</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(3)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(9)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(9)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">Other (8+9+10)</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(708)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">838</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">130</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">93</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">223</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">8 - Receipt by Destination of Resources</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">9 - Benefits paid</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(838)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">838</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">93</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">93</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">10 - Contributions and investments from sponsor</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">130</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">130</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">130</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts at the end of period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">22,309</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(19,790)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(3,942)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,423)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">398</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(44)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">354</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(797)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,866)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amount recognized in Assets</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">18a</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">33</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">354</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">387</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">Amount recognized in Liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 7pt">18b</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,456)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(797)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(2,253)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="12" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 7pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">BD and
    CV plans</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">CD plans</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Other post-employment
    benefits</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Net assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Actuarial liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Asset ceiling</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Recognized amount</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Pension plan fund</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Asset ceiling</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Recognized amount</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Liabilities</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Recognized amount</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts at the beginning of the period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">21,912</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(20,039)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(3,255)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,382)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">447</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(2)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">445</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(779)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,716)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts recognized in income (1+2+3+4)</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">1,995</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,845)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(308)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(158)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(36)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(36)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(246)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(440)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">1 - Cost of current service</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(33)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(33)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(33)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">2 - Cost of past service</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(155)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(155)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Calibri; font-size: 7pt; font-style: normal; font-weight: 400">3 - Net interest <SUP>(1)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,995</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,812)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(308)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(125)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(91)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(177)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Calibri; font-size: 7pt; font-style: normal; font-weight: 400">4 - Other expenses <SUP>(2)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(75)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(75)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(75)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">Amount recognized in stockholders' equity - other comprehensive income
    (5+6+7)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(447)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">596</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(171)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(22)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(40)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(31)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">25</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(28)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">5 - Effects on asset ceiling</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(171)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(171)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(40)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(40)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(211)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">6 - Remeasurements</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(441)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">557</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">116</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">25</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">150</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 7pt">Changes in demographic assumptions</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">29</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">29</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">29</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 7pt">Changes in financial assumptions</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,499</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,499</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">9</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">46</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,554</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 400">Experience
    of the plan <SUP>(3)</SUP></FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(441)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(971)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,412)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(21)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,433)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">7 - Exchange variation</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(6)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">33</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">33</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">Other (8+9+10)</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(1,527)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,651</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">124</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">151</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">275</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">8 - Receipt by Destination of Resources</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">9 - Benefits paid</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,651)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,651</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">151</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">151</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">10 - Contributions and investments from sponsor</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">124</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">124</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">124</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amounts at the end of period</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">21,933</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(19,637)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(3,734)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,438)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">420</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(42)</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">378</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(849)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">(1,909)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">Amount recognized in Assets</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">18a</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">33</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">378</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">411</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 7pt">Amount recognized in Liabilities</FONT></TD>
    <TD STYLE="text-align: center"><FONT STYLE="font-size: 7pt">18b</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(1,471)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(849)</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(2,320)</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="14" STYLE="border-top: black 1pt solid; font-size: 7pt; text-align: justify">1) Corresponds to the amount calculated on 01/01/2023 based on the initial amount (Net Assets, Actuarial Liabilities and Restriction of Assets), taking into account the estimated amount of payments / receipts of benefits / contributions, multiplied by the discount rate of 10.34% p.a. (On 01/01/2022 the rate used was 9.46% p.a.)<BR>
2) Corresponds to the use of asset amounts allocated in pension funds of the defined contribution plans.<BR>
3) Correspond to the income obtained above / below the expected return and comprise the contributions made by participants.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 116 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->76<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>f) Defined benefit contributions</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; border-collapse: collapse; font-size: 10pt">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center">Estimated contributions</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 1pt solid; text-align: center">Contributions made</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; width: 59%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 15%">2023</TD>
    <TD STYLE="font-family: Arial, sans-serif; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2023</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid">Retirement plan - FIU</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">39</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; text-align: right">26</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-top: black 0.5pt solid; text-align: right">26</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid">Retirement plan - FUNBEP</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">85</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">88</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-family: Arial, sans-serif; border-bottom: black 0.5pt solid; text-align: right">7</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif"><FONT STYLE="font-family: Arial, sans-serif; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">124</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">114</TD>
    <TD STYLE="font-family: Arial, sans-serif">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial, sans-serif; text-align: right">33</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font: 9pt Arial, sans-serif; border-top: black 1pt solid">1) Include extraordinary contributions agreed upon in deficit equation plans.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; text-align: center; margin-top: 0; margin-bottom: 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>g) Maturity profile of defined benefit
liabilities</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; width: 34%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Duration <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">2024</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">2025</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">2026</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 9%">2027</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 5%">2028</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 2%">to</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 5%">2032</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">Pension plan - FIU</TD>
    <TD STYLE="text-align: right">9.12</TD>
    <TD STYLE="text-align: right">1,136</TD>
    <TD STYLE="text-align: right">1,072</TD>
    <TD STYLE="text-align: right">1,110</TD>
    <TD STYLE="text-align: right">1,151</TD>
    <TD STYLE="text-align: right">1,186</TD>
    <TD COLSPAN="3" STYLE="text-align: right">6,388</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Pension plan - FUNBEP</TD>
    <TD STYLE="text-align: right">8.51</TD>
    <TD STYLE="text-align: right">656</TD>
    <TD STYLE="text-align: right">676</TD>
    <TD STYLE="text-align: right">694</TD>
    <TD STYLE="text-align: right">711</TD>
    <TD STYLE="text-align: right">728</TD>
    <TD COLSPAN="3" STYLE="text-align: right">3,846</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other post-employment benefits</TD>
    <TD STYLE="text-align: right">6.13</TD>
    <TD STYLE="text-align: right">196</TD>
    <TD STYLE="text-align: right">189</TD>
    <TD STYLE="text-align: right">80</TD>
    <TD STYLE="text-align: right">85</TD>
    <TD STYLE="text-align: right">68</TD>
    <TD COLSPAN="3" STYLE="text-align: right">235</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Total</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,988</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,937</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,884</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,947</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,982</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">10,469</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Average duration of plan&acute;s actuarial liabilities.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>h) Sensitivity analysis</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">To measure the effects of changes in the key assumptions, sensitivity tests are conducted in actuarial liabilities annually. The sensitivity analysis considers a vision of the impacts caused by changes in assumptions, which could affect the income for the period and stockholders&rsquo; equity at the balance sheet date. This type of analysis is usually carried out under the </FONT><FONT STYLE="font-family: Arial; font-size: 10pt; font-weight: 400"><I>ceteris paribus</I> <FONT STYLE="font-style: normal">condition, in which the sensitivity of a system is measured when only one variable of interest is changed and all the others remain unchanged. The results obtained are shown in the table below:</FONT></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Main assumptions</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">BD and CV plans</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Other post-employment benefits</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Present value of liability</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Income</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Stockholders&acute; equity (Other comprehensive income) <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Present value of liability</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Income</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Stockholders&acute; equity (Other comprehensive income) <SUP>(1)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; width: 24%">Discount rate</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 11%">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 11%">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 16%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 11%">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 11%">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; width: 15%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Increase by 0.5%</TD>
    <TD STYLE="text-align: right">(763)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">284</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(23)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">23</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Decrease by 0.5%</TD>
    <TD STYLE="text-align: right">824</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(311)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">25</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(25)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Mortality table</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Increase by 5%</TD>
    <TD STYLE="text-align: right">(218)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">82</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(10)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">10</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Decrease by 5%</TD>
    <TD STYLE="text-align: right">228</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(87)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(11)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Medical inflation</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Increase by 1%</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">56</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(56)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid">Decrease by 1%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(48)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">48</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="font-size: 9pt">1) Net of effects of asset ceiling</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 27 - Insurance contracts and private
pension</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Insurance products sold by&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;are
divided into (i) non-life insurance, which guarantees loss, damage or liability for objects or people; and (ii) life insurance, which
includes coverage against the risk of death and personal accidents. Insurance products are substantially offered through the electronic
channels and branches of&nbsp;ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;reinsures the portion of
the underwritten risks that exceed the maximum liability limits it deems to be appropriate for each segment and product. These reinsurance
contracts allow the recovery of a portion of the losses with the reinsurer, although they do not release&nbsp;ITA&Uacute; UNIBANCO HOLDING
from the main obligation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Private pension products are essentially divided into: (i)
Free Benefit Generating Plan (PGBL) and Free Benefit Generating Life Plan (VGBL): whose main objective is to accumulate financial resources,
the payment of which is made by means of income; and (ii) traditional: pension plan with a minimum guarantee of profitability, which is
no longer sold.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Insurance contracts&nbsp;and private pension portfolios and
measurement approach are presented below:</P>


<!-- Field: Page; Sequence: 117 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->77<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Note</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">(Assets) / Liabilities</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Income</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">(Assets) / Liabilities</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Income</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Operating</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Financial</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Operating</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Financial</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 36%">General Model (BBA)</TD>
    <TD STYLE="font-weight: bold; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">14,946</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">1,321</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">(131)</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">14,320</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">1,691</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">(1,251)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">lnsurance <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: center">27a I</TD>
    <TD STYLE="text-align: right">4,654</TD>
    <TD STYLE="text-align: right">1,297</TD>
    <TD STYLE="text-align: right">(110)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4,496</TD>
    <TD STYLE="text-align: right">1,776</TD>
    <TD STYLE="text-align: right">(196)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Private pension</TD>
    <TD STYLE="text-align: center">27a II</TD>
    <TD STYLE="text-align: right">10,292</TD>
    <TD STYLE="text-align: right">24</TD>
    <TD STYLE="text-align: right">(21)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">9,824</TD>
    <TD STYLE="text-align: right">(85)</TD>
    <TD STYLE="text-align: right">(1,055)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Variable Fee Approach (VFA)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">27a II</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">234,314</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">842</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(13,852)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">218,398</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,745</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(20,605)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Private pension</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">234,314</TD>
    <TD STYLE="text-align: right">842</TD>
    <TD STYLE="text-align: right">(13,852)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">218,398</TD>
    <TD STYLE="text-align: right">1,745</TD>
    <TD STYLE="text-align: right">(20,605)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Simplified Model (PAA)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">27a I</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">423</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">991</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(7)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">385</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,892</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(17)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">lnsurance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">462</TD>
    <TD STYLE="text-align: right">986</TD>
    <TD STYLE="text-align: right">(8)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">408</TD>
    <TD STYLE="text-align: right">1,898</TD>
    <TD STYLE="text-align: right">(14)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Reinsurance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(39)</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(23)</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(3)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total Insurance contracts and private pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">249,683</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">3,154</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(13,990)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">233,103</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">5,328</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(21,873)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">lnsurance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,116</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,283</TD>
    <TD STYLE="font-weight: bold; text-align: right">(118)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,904</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,674</TD>
    <TD STYLE="font-weight: bold; text-align: right">(210)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Reinsurance</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(39)</TD>
    <TD STYLE="font-weight: bold; text-align: right">5</TD>
    <TD STYLE="font-weight: bold; text-align: right">1</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(23)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(6)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Private pension</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">244,606</TD>
    <TD STYLE="font-weight: bold; text-align: right">866</TD>
    <TD STYLE="font-weight: bold; text-align: right">(13,873)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">228,222</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,660</TD>
    <TD STYLE="font-weight: bold; text-align: right">(21,660)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">Current</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">423</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">385</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Non-current</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">249,260</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">232,718</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="9" STYLE="font-size: 9pt; border-top: black 1pt solid">1) Composed of assets of R$ (47) and liabilities of R$ 4,701 (R$ 4,496 at 12/31/2022).</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Reconciliation of insurance and private
pension portfolios</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Insurance</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 31%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 9%">Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 9%">Loss Component of the Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Liability for Incurred Claims</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Total</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 9%">Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 9%">Loss Component of the Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Liability for Incurred Claims</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Opening Balance - 01/01</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,248</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,936</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">697</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,881</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,384</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,065</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">679</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,128</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Operating Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="text-align: right">(2,908)</TD>
    <TD STYLE="text-align: right">(57)</TD>
    <TD STYLE="text-align: right">677</TD>
    <TD STYLE="text-align: right">(2,288)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(5,124)</TD>
    <TD STYLE="text-align: right">(104)</TD>
    <TD STYLE="text-align: right">1,560</TD>
    <TD STYLE="text-align: right">(3,668)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify">Financial Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="text-align: right">43</TD>
    <TD STYLE="text-align: right">63</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">123</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">123</TD>
    <TD STYLE="text-align: right">(25)</TD>
    <TD STYLE="text-align: right">32</TD>
    <TD STYLE="text-align: right">130</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Premiums Received, Claims and Other Expenses Paid</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,130</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(769)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">2,361</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">5,865</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(1,574)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">4,291</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Closing Balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">2,513</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,942</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">622</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">5,077</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">2,248</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,936</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">697</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,881</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Estimate of Present Value of Future Cash Flows</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Contractual Service Margin</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Risk Adjustment for Non-financial Risk</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Estimate of Present Value of Future Cash Flows</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Contractual Service Margin</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Risk Adjustment for Non-financial Risk</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Opening Balance - 01/01</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(145)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,756</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">270</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,881</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">866</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,964</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">298</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">4,128</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Realization of Insurance Contractual Margin</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2,242)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2,242)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3,766)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3,766)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Actuarial Remeasurements</TD>
    <TD STYLE="text-align: right">391</TD>
    <TD STYLE="text-align: right">(419)</TD>
    <TD STYLE="text-align: right">(18)</TD>
    <TD STYLE="text-align: right">(46)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(676)</TD>
    <TD STYLE="text-align: right">804</TD>
    <TD STYLE="text-align: right">(30)</TD>
    <TD STYLE="text-align: right">98</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Operating Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="font-weight: bold; text-align: right">391</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,661)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(18)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,288)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(676)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,962)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(30)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,668)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>New Recognized Insurance Contracts</TD>
    <TD STYLE="text-align: right">(2,699)</TD>
    <TD STYLE="text-align: right">2,688</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(4,569)</TD>
    <TD STYLE="text-align: right">4,565</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Financial Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="font-weight: bold; text-align: right">(15)</TD>
    <TD STYLE="font-weight: bold; text-align: right">127</TD>
    <TD STYLE="font-weight: bold; text-align: right">11</TD>
    <TD STYLE="font-weight: bold; text-align: right">123</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(57)</TD>
    <TD STYLE="font-weight: bold; text-align: right">189</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2)</TD>
    <TD STYLE="font-weight: bold; text-align: right">130</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Recognized in Income for the period</TD>
    <TD STYLE="text-align: right">(17)</TD>
    <TD STYLE="text-align: right">127</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">117</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">189</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Recognized in Other Comprehensive Income</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(68)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(83)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Premiums Received, Claims and Other Expenses Paid</TD>
    <TD STYLE="text-align: right">2,361</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,361</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4,291</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,291</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Closing Balance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(107)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">4,910</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">274</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">5,077</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">(145)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">4,756</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">270</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">4,881</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 118 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->78<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Private pension</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 39%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 10%">Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Loss Component of the Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 6%">Liability for Incurred Claims</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 6%">Total</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 10%">Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">Loss Component of the Liability for Remaining Coverage</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 6%">Liability for Incurred Claims</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 6%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Opening Balance - 01/01</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">227,952</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">184</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">86</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">228,222</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">209,463</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">110</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">87</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">209,660</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Operating Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="text-align: right">(38,829)</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">37,957</TD>
    <TD STYLE="text-align: right">(866)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(83,040)</TD>
    <TD STYLE="text-align: right">164</TD>
    <TD STYLE="text-align: right">81,216</TD>
    <TD STYLE="text-align: right">(1,660)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Financial Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="text-align: right">14,528</TD>
    <TD STYLE="text-align: right">169</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">14,700</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">20,483</TD>
    <TD STYLE="text-align: right">(90)</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">20,395</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Premiums Received, Claims and Other Expenses Paid</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">40,504</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(37,954)</TD>
    <TD STYLE="text-align: right">2,550</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">81,046</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(81,219)</TD>
    <TD STYLE="text-align: right">(173)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Closing Balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">244,155</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">92</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">244,606</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">227,952</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">184</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">86</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">228,222</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Estimate of Present Value of Future Cash Flows</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Contractual Service Margin</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Risk Adjustment for Non-financial Risk</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Estimate of Present Value of Future Cash Flows</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Contractual Service Margin</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Risk Adjustment for Non-financial Risk</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Opening balance - 01/01</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">210,255</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">17,696</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">271</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">228,222</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">188,469</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">20,891</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">300</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">209,660</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Realization of Insurance Contractual Margin</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(904)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(904)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,870)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,870)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Actuarial Remeasurements</TD>
    <TD STYLE="text-align: right">(1,642)</TD>
    <TD STYLE="text-align: right">1,680</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">38</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3,701</TD>
    <TD STYLE="text-align: right">(3,466)</TD>
    <TD STYLE="text-align: right">(25)</TD>
    <TD STYLE="text-align: right">210</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Operating Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,642)</TD>
    <TD STYLE="font-weight: bold; text-align: right">776</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(866)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,701</TD>
    <TD STYLE="font-weight: bold; text-align: right">(5,336)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(25)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,660)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>New Recognized Insurance Contracts</TD>
    <TD STYLE="text-align: right">(1,323)</TD>
    <TD STYLE="text-align: right">1,320</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(2,127)</TD>
    <TD STYLE="text-align: right">2,120</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial Income from Insurance Contracts and Private Pension</TD>
    <TD STYLE="font-weight: bold; text-align: right">14,672</TD>
    <TD STYLE="font-weight: bold; text-align: right">11</TD>
    <TD STYLE="font-weight: bold; text-align: right">17</TD>
    <TD STYLE="font-weight: bold; text-align: right">14,700</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">20,385</TD>
    <TD STYLE="font-weight: bold; text-align: right">21</TD>
    <TD STYLE="font-weight: bold; text-align: right">(11)</TD>
    <TD STYLE="font-weight: bold; text-align: right">20,395</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Recognized in Income for the period</TD>
    <TD STYLE="text-align: right">13,857</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">13,873</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">21,630</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">21,660</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Recognized in Other Comprehensive Income</TD>
    <TD STYLE="text-align: right">815</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">827</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(1,245)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(20)</TD>
    <TD STYLE="text-align: right">(1,265)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Premiums Received, Claims and Other Expenses Paid</TD>
    <TD STYLE="text-align: right">2,550</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,550</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(173)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(173)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Closing Balance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">224,512</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">19,803</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">291</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">244,606</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">210,255</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">17,696</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">271</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">228,222</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The underlying assets of the portfolio of private pension
contracts with direct participation features (PGBL and VGBL) are composed of specially organized investment funds, which are mostly consolidated
in ITA&Uacute; UNIBANCO HOLDING, whose fair value of the quotas is&nbsp;R$ 232,498&nbsp;(R$ 216,467&nbsp;at 12/31/2022).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Contractual service margin</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="8" STYLE="font-size: 11pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING expects to recognize the Contractual Service Margin in income according to the terms and amounts shown below:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 19%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD>
    <TD STYLE="width: 16%">&nbsp;</TD>
    <TD STYLE="width: 12%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Period</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">lnsurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Private Pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">lnsurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Private Pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">1 year</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,767</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,737</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">3,504</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,767</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,756</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">3,523</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>2 years</TD>
    <TD STYLE="text-align: right">1,100</TD>
    <TD STYLE="text-align: right">1,836</TD>
    <TD STYLE="text-align: right">2,936</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,067</TD>
    <TD STYLE="text-align: right">1,854</TD>
    <TD STYLE="text-align: right">2,921</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>3 years</TD>
    <TD STYLE="text-align: right">899</TD>
    <TD STYLE="text-align: right">1,883</TD>
    <TD STYLE="text-align: right">2,782</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">830</TD>
    <TD STYLE="text-align: right">1,868</TD>
    <TD STYLE="text-align: right">2,698</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>4 years</TD>
    <TD STYLE="text-align: right">712</TD>
    <TD STYLE="text-align: right">1,894</TD>
    <TD STYLE="text-align: right">2,606</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">631</TD>
    <TD STYLE="text-align: right">1,856</TD>
    <TD STYLE="text-align: right">2,487</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>5 years</TD>
    <TD STYLE="text-align: right">362</TD>
    <TD STYLE="text-align: right">1,798</TD>
    <TD STYLE="text-align: right">2,160</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">361</TD>
    <TD STYLE="text-align: right">1,745</TD>
    <TD STYLE="text-align: right">2,106</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Over 5 years</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">70</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">10,655</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">10,725</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">100</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">8,617</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">8,717</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,910</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">19,803</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">24,713</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,756</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">17,696</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">22,452</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">During the period, the recognized amount of revenue from
insurance contracts and private pension referring to groups of contracts measured by the modified retrospective approach (contracts in
force on the transition date) is&nbsp;R$ 1,329 (R$ 3,128&nbsp;from 01/01 to 12/31/2022), with the balance of margin of these contracts
corresponding to&nbsp;R$ 20,822 (R$ 19,042 at 12/31/2022).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Discount rates</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The rates used by indexing unit to discount cash flows from
insurance contracts and private pension are as follows:</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: bottom; border-bottom: black 0.5pt solid; text-align: center; width: 19%">Indexes</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">1 year</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">3 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">5 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">10 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">20 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">1 year</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">3 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">5 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">10 years</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 8%">20 years</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">IGPM</TD>
    <TD STYLE="text-align: right">8.72%</TD>
    <TD STYLE="text-align: right">5.66%</TD>
    <TD STYLE="text-align: right">6.25%</TD>
    <TD STYLE="text-align: right">6.45%</TD>
    <TD STYLE="text-align: right">5.76%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6.72%</TD>
    <TD STYLE="text-align: right">6.24%</TD>
    <TD STYLE="text-align: right">6.20%</TD>
    <TD STYLE="text-align: right">6.33%</TD>
    <TD STYLE="text-align: right">6.44%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">IPCA</TD>
    <TD STYLE="text-align: right">7.65%</TD>
    <TD STYLE="text-align: right">5.25%</TD>
    <TD STYLE="text-align: right">5.02%</TD>
    <TD STYLE="text-align: right">5.05%</TD>
    <TD STYLE="text-align: right">5.22%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">6.86%</TD>
    <TD STYLE="text-align: right">6.06%</TD>
    <TD STYLE="text-align: right">5.98%</TD>
    <TD STYLE="text-align: right">5.92%</TD>
    <TD STYLE="text-align: right">5.90%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">TR</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">10.34%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">9.32%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">9.51%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">9.73%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">9.76%</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">11.34%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">10.91%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">10.97%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">11.02%</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">11.06%</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 119 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->79<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Claims development</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 30%">Occurrence date</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">12/31/2019</TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">12/31/2020</TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">12/31/2021</TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">12/31/2022</TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>At the end of event period</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">930</TD>
    <TD STYLE="text-align: right">1,026</TD>
    <TD STYLE="text-align: right">1,267</TD>
    <TD STYLE="text-align: right">1,171</TD>
    <TD STYLE="text-align: right">497</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>After 1 year</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,156</TD>
    <TD STYLE="text-align: right">1,253</TD>
    <TD STYLE="text-align: right">1,536</TD>
    <TD STYLE="text-align: right">1,372</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>After 2 years</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,187</TD>
    <TD STYLE="text-align: right">1,288</TD>
    <TD STYLE="text-align: right">1,574</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>After 3 years</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,205</TD>
    <TD STYLE="text-align: right">1,296</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>After 4 years</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,210</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-bottom: black 0.5pt solid">Accumulated payments through base date</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,190</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,275</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,527</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1,352</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">412</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">5,756</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Liabilities recognized in the balance sheet</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">634</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Liabilities in relation to prior periods</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">28</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Other estimates</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">17</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Adjustment to present value</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(9)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Risk adjustment to non-financial risk</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">44</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Liability for Claims incurred at 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">714</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 28 - Fair value of financial instruments</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The fair value is a measurement based on market. In cases
where market prices are not available, fair values are based on estimates using discounted cash flows or other valuation techniques. These
techniques are significantly affected by the assumptions adopted, including the discount rate and estimate of future cash flows. The estimated
fair value obtained through these techniques cannot be substantiated by comparison with independent markets and, in many cases, cannot
be realized on immediate settlement of the instrument.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">To increase consistency and comparability in fair value measurements
and the corresponding disclosures, a fair value hierarchy is established that classifies into three levels the information for the valuation
techniques used in the fair value measurement.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 1:</B> Observable inputs that reflect quoted prices
(unadjusted) for identical assets or liabilities in active markets. An active market is a market in which transactions for the asset or
liability being measured occur often enough and with sufficient volume to provide pricing information on an ongoing basis.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 2:</B> Input that is not observable for the asset
or liability either directly or indirectly. Level 2 generally includes: (i) quoted prices for similar assets or liabilities in active
markets; (ii) quoted prices for identical or similar assets or liabilities in markets that are not active, that is, markets in which there
are few transactions for the asset or liability, the prices are not current, or quoted prices vary substantially either over time or among
market makers, or in which little information is released publicly; (iii) inputs other than quoted prices that are observable for the
asset or liability (for example, interest rates and yield curves observable at commonly quoted intervals, volatilities, etc.); (iv) inputs
that are mainly derived from or corroborated by observable market data through correlation or by other means.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 3:</B> Inputs are not observable for the asset or
liability. Unobservable information is used to measure fair value to the extent that observable information is not available, thus allowing
for situations in which there is little, or no market activity for the asset or liability at the measurement date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The methods and assumptions used to estimate the fair value
are defined below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt; color: #EC7000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="color: #EC7000">&nbsp;Central
Bank deposits, Securities purchased under agreements to resell and Securities sold under repurchase agreements - </FONT></B>The carrying
amounts for these instruments are close to their fair values.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt; color: #EC7000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="color: #EC7000">&nbsp;Interbank
deposits, Deposits, Interbank and Institutional Market Funds -</FONT></B><FONT STYLE="color: #EC7000">&nbsp;</FONT>They are calculated
by discounting estimated cash flows at market interest rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt; color: #EC7000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="color: #EC7000">&nbsp;Securities
and Derivatives -</FONT></B>&nbsp;Under normal conditions, the prices quoted in the market are the best indicators of the fair values
of these financial instruments. However, not all instruments have liquidity or quoted market prices and, in such cases, it is necessary
to adopt present value estimates and other techniques to establish their fair value. In the absence of prices quoted by the Brazilian
Association of Financial and Capital Markets Entities (ANBIMA),&nbsp;the fair values of government securities are calculated by discounting
estimated cash flows at market interest rates, as well as corporate securities.</P>


<!-- Field: Page; Sequence: 120 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->80<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt; color: #EC7000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="color: #EC7000">&nbsp;Loans
and financial leases -</FONT></B>&nbsp;Fair value is estimated for groups of loans with similar financial and risk characteristics, using
valuation models. The fair value of fixed-rate loans was determined by discounting estimated cash flows, at interest rates applicable
to similar loans. For the majority of loans at floating rates, the carrying amount was considered to be close to their market value. The
fair value of loan and lease operations not overdue was calculated by discounting the expected payments of principal and interest to maturity.
The fair value of overdue loan and lease transactions was based on the discount of estimated cash flows, using a rate proportional to
the risk associated with the estimated cash flows, or on the underlying collateral. The assumptions for cash flows and discount rates
rely on information available in the market and knowledge of the individual debtor.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt; color: #EC7000"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B><FONT STYLE="color: #EC7000">&nbsp;Other
financial assets / liabilities -</FONT></B>&nbsp;Primarily composed of receivables from credit card issuers, deposits in guarantee for
contingent liabilities, provisions and legal obligations and trading and intermediation of securities. The carrying amounts for these
assets/liabilities substantially approximate to their fair values, since they principally represent amounts to be received in the short
term from credit card holders and to be paid to credit card issuers, deposits in guarantee (indexed to market rates) made by&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;to secure lawsuits or very short-term receivables (generally with a maturity of approximately 5 business days).
All of these items represent assets / liabilities without significant associated market, credit or liquidity risks.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial instruments not included in the Balance Sheet (Note
32) are represented by Standby letters of credit and financial guarantees provided, which amount to&nbsp;R$ 126,069&nbsp;(R$ 139,133 at
12/31/2022) with an estimated fair value of&nbsp;R$ 147 (R$ 161 at 12/31/2022).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Financial assets and liabilities measured
at fair value</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="text-align: justify">The following table presents the financial assets and liabilities measured at fair value on a recurring basis, segregated between levels of the fair value hierarchy.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 7%">Level 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 6%">Level 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 6%">Level 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Book Value / Fair Value</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 7%">Level 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 6%">Level 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 6%">Level 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Book Value / Fair Value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial Assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">494,147</TD>
    <TD STYLE="font-weight: bold; text-align: right">106,780</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,649</TD>
    <TD STYLE="font-weight: bold; text-align: right">602,576</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">396,993</TD>
    <TD STYLE="font-weight: bold; text-align: right">115,792</TD>
    <TD STYLE="font-weight: bold; text-align: right">437</TD>
    <TD STYLE="font-weight: bold; text-align: right">513,222</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">362,113</TD>
    <TD STYLE="font-weight: bold; text-align: right">104,509</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,607</TD>
    <TD STYLE="font-weight: bold; text-align: right">468,229</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">274,659</TD>
    <TD STYLE="font-weight: bold; text-align: right">111,436</TD>
    <TD STYLE="font-weight: bold; text-align: right">379</TD>
    <TD STYLE="font-weight: bold; text-align: right">386,474</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Investment funds</TD>
    <TD STYLE="text-align: right">276</TD>
    <TD STYLE="text-align: right">23,132</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">23,408</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">954</TD>
    <TD STYLE="text-align: right">31,537</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">32,491</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Brazilian government securities</TD>
    <TD STYLE="text-align: right">304,164</TD>
    <TD STYLE="text-align: right">6,633</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">310,797</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">226,056</TD>
    <TD STYLE="text-align: right">5,856</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">231,912</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Government securities &ndash; other countries</TD>
    <TD STYLE="text-align: right">10,755</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">10,755</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,017</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">8,017</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">46,918</TD>
    <TD STYLE="font-weight: bold; text-align: right">73,167</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,522</TD>
    <TD STYLE="font-weight: bold; text-align: right">121,607</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">39,632</TD>
    <TD STYLE="font-weight: bold; text-align: right">72,708</TD>
    <TD STYLE="font-weight: bold; text-align: right">339</TD>
    <TD STYLE="font-weight: bold; text-align: right">112,679</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Shares</TD>
    <TD STYLE="text-align: right">8,885</TD>
    <TD STYLE="text-align: right">15,844</TD>
    <TD STYLE="text-align: right">108</TD>
    <TD STYLE="text-align: right">24,837</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,817</TD>
    <TD STYLE="text-align: right">9,634</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right">15,537</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Rural product note</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,951</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">1,960</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,510</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">2,517</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Bank deposit certificates</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">246</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">246</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">360</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">360</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right">154</TD>
    <TD STYLE="text-align: right">1,222</TD>
    <TD STYLE="text-align: right">165</TD>
    <TD STYLE="text-align: right">1,541</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,329</TD>
    <TD STYLE="text-align: right">151</TD>
    <TD STYLE="text-align: right">1,480</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Debentures</TD>
    <TD STYLE="text-align: right">34,595</TD>
    <TD STYLE="text-align: right">31,282</TD>
    <TD STYLE="text-align: right">1,223</TD>
    <TD STYLE="text-align: right">67,100</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">29,446</TD>
    <TD STYLE="text-align: right">33,412</TD>
    <TD STYLE="text-align: right">84</TD>
    <TD STYLE="text-align: right">62,942</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Eurobonds and other</TD>
    <TD STYLE="text-align: right">2,623</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">2,628</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,369</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">4,373</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Financial bills</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">18,845</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">18,857</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">19,371</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">19,378</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Promissory and commercial notes</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,822</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,822</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3,900</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3,900</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Other</TD>
    <TD STYLE="text-align: right">661</TD>
    <TD STYLE="text-align: right">955</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,616</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,192</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,192</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other Financial Assets</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,577</TD>
    <TD STYLE="text-align: right">85</TD>
    <TD STYLE="text-align: right">1,662</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,335</TD>
    <TD STYLE="text-align: right">40</TD>
    <TD STYLE="text-align: right">1,375</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Financial assets at fair value through other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: right">132,034</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,271</TD>
    <TD STYLE="font-weight: bold; text-align: right">42</TD>
    <TD STYLE="font-weight: bold; text-align: right">134,347</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">122,334</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,356</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">126,748</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Brazilian government securities</TD>
    <TD STYLE="text-align: right">78,116</TD>
    <TD STYLE="text-align: right">227</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">78,343</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">75,647</TD>
    <TD STYLE="text-align: right">1,032</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">76,679</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Government securities &ndash; other countries</TD>
    <TD STYLE="text-align: right">44,223</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">44,223</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">37,910</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">37,910</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,695</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,044</TD>
    <TD STYLE="font-weight: bold; text-align: right">42</TD>
    <TD STYLE="font-weight: bold; text-align: right">11,781</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,777</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,324</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,159</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Shares</TD>
    <TD STYLE="text-align: right">5,664</TD>
    <TD STYLE="text-align: right">54</TD>
    <TD STYLE="text-align: right">42</TD>
    <TD STYLE="text-align: right">5,760</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,770</TD>
    <TD STYLE="text-align: right">70</TD>
    <TD STYLE="text-align: right">45</TD>
    <TD STYLE="text-align: right">4,885</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Rural product note</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">390</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">390</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Bank deposit certificates</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">40</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">52</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">551</TD>
    <TD STYLE="text-align: right">150</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">714</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right">118</TD>
    <TD STYLE="text-align: right">258</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">376</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Debentures</TD>
    <TD STYLE="text-align: right">900</TD>
    <TD STYLE="text-align: right">620</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,520</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">538</TD>
    <TD STYLE="text-align: right">645</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,183</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Eurobonds and other</TD>
    <TD STYLE="text-align: right">2,637</TD>
    <TD STYLE="text-align: right">1,072</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3,709</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,918</TD>
    <TD STYLE="text-align: right">1,361</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,279</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Financial credit bills</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">13</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 36px">Other</TD>
    <TD STYLE="text-align: right">364</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">364</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">695</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">695</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial liabilities at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">880</TD>
    <TD STYLE="font-weight: bold; text-align: right">25</TD>
    <TD STYLE="font-weight: bold; text-align: right">905</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">647</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">647</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Structured notes</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">64</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">64</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; padding-left: 12px">Other financial liabilities</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">794</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">25</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">819</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">583</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">583</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 121 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->81<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="padding-bottom: 12pt">The following table presents the breakdown of fair value hierarchy levels for derivative assets and liabilities.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 31%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Level 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Level 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Level 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Total</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Level 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Level 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Level 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">7</TD>
    <TD STYLE="font-weight: bold; text-align: right">72,304</TD>
    <TD STYLE="font-weight: bold; text-align: right">534</TD>
    <TD STYLE="font-weight: bold; text-align: right">72,845</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">29</TD>
    <TD STYLE="font-weight: bold; text-align: right">77,508</TD>
    <TD STYLE="font-weight: bold; text-align: right">671</TD>
    <TD STYLE="font-weight: bold; text-align: right">78,208</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Swap Contracts &ndash; adjustment receivable</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">42,960</TD>
    <TD STYLE="text-align: right">511</TD>
    <TD STYLE="text-align: right">43,471</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">46,271</TD>
    <TD STYLE="text-align: right">631</TD>
    <TD STYLE="text-align: right">46,902</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Option Contracts</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">11,040</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">11,046</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">23,637</TD>
    <TD STYLE="text-align: right">34</TD>
    <TD STYLE="text-align: right">23,671</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Forward Contracts</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">7,208</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">7,225</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">595</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">601</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Credit derivatives</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">319</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">319</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">492</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">492</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">NDF - Non Deliverable Forward</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">9,871</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">9,871</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6,140</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6,140</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 0.5pt solid">Other derivative financial instruments</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">7</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">906</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">913</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">29</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">373</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">402</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Liabilities</TD>
    <TD STYLE="font-weight: bold; text-align: right">(152)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(66,687)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(487)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(67,326)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(186)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(76,106)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(569)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(76,861)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Swap Contracts &ndash; adjustment payable</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(38,870)</TD>
    <TD STYLE="text-align: right">(469)</TD>
    <TD STYLE="text-align: right">(39,339)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(38,507)</TD>
    <TD STYLE="text-align: right">(561)</TD>
    <TD STYLE="text-align: right">(39,068)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Option Contracts</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(12,812)</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">(12,814)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(29,880)</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">(29,882)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Forward Contracts</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(6,909)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(6,909)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(65)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(65)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Credit derivatives</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(295)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(295)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(604)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(604)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">NDF - Non Deliverable Forward</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(7,648)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(7,648)</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(6,626)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(6,626)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid">Other derivative financial instruments</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(152)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(153)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(16)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(321)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(186)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(424)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(6)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(616)</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="10" STYLE="padding-top: 12pt; text-align: justify; padding-bottom: 12pt">In all periods, there was no significant transfer between Level 1 and Level 2. Transfers to and from Level 3 are presented in movements of Level 3.</TD></TR>
  </TABLE>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The methods and assumptions used to measurement the fair
value are defined below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 1:</B>&nbsp;Securities with liquid prices available
in an active market and derivatives traded on stock exchanges. This classification level includes most of the Brazilian government securities,
government securities from other countries, shares, debentures with price published by ANBIMA and other securities traded in an active
market.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 2</B>: Bonds, securities, derivatives and others
that do not have price information available and are priced based on conventional or internal models. The inputs used by these models
are captured directly or built from observations of active markets. Most&nbsp;derivatives traded over-the-counter, certain Brazilian government
bonds, debentures and other private securities whose credit component effect is not considered relevant, are at this level.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Level 3:&nbsp;</B>Bonds, securities and derivatives for
which pricing inputs are generated by statistical and mathematical models. Debentures and other private securities that do not fit into
level 2 rule and derivatives with maturities greater than the last observable vertices of the discount curves are at this level.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">All the above methods may result in a fair value that is
not indicative of the net realizable value or future fair values. However, ITA&Uacute; UNIBANCO HOLDING&nbsp;believes that all the methods
used are appropriate and consistent with other market participants. Moreover, the adoption of different methods or assumptions to estimate
fair value may result in different fair value estimates at the balance sheet date.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>Governance of Level 3 recurring fair value measurement</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The departments in charge of defining and applying the pricing
models are segregated from the business areas. The models are documented, submitted to validation by an independent area and approved
by a specific committee. The daily processes of price capture, calculation and disclosure are periodically checked according to formally
defined tests and criteria and the information is stored in a single corporate data base.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The most frequent cases of assets classified as Level 3 are
justified by the discount factors used and corporate bonds whose credit component is relevant. Factors such as the fixed interest curve
in Brazilian Reais and the TR coupon curve &#8211; and, as a result, their related factors &#8211; have inputs with terms shorter than
the maturities of fixed-income assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>Level 3 recurring fair value changes</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The tables below show balance sheet changes for financial
instruments classified by&nbsp;ITA&Uacute; UNIBANCO HOLDING in Level 3 of the fair value hierarchy. Derivative financial instruments classified
in Level 3 correspond to swap and option.</P>


<!-- Field: Page; Sequence: 122 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->82<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total gains or losses (realized / unrealized)</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Purchases</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Settlements</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfers in and / or out of Level</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total Gains or Losses (unrealized)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2023</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 33%">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">379</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 11%">(29)</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 13%">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">89</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">(18)</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%">1,186</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">1,607</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%">(907)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">339</TD>
    <TD STYLE="font-weight: bold; text-align: right">(60)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">87</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16)</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,172</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,522</TD>
    <TD STYLE="font-weight: bold; text-align: right">(992)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Shares</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right">23</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">(10)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">108</TD>
    <TD STYLE="text-align: right">(52)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right">151</TD>
    <TD STYLE="text-align: right">(9)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">23</TD>
    <TD STYLE="text-align: right">165</TD>
    <TD STYLE="text-align: right">(58)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Debentures</TD>
    <TD STYLE="text-align: right">84</TD>
    <TD STYLE="text-align: right">(78)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">65</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">1,154</TD>
    <TD STYLE="text-align: right">1,223</TD>
    <TD STYLE="text-align: right">(879)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Rural Product Note</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">(3)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Eurobonds and other</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Financial bills</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Other financial assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">40</TD>
    <TD STYLE="font-weight: bold; text-align: right">31</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">2</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2)</TD>
    <TD STYLE="font-weight: bold; text-align: right">14</TD>
    <TD STYLE="font-weight: bold; text-align: right">85</TD>
    <TD STYLE="font-weight: bold; text-align: right">85</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial assets at fair value through other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">42</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">42</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Shares</TD>
    <TD STYLE="text-align: right">45</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">42</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Bank deposit certificates</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">(13)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total gains or losses (realized / unrealized)</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Purchases</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Settlements</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfers in and / or out of Level</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total Gains or Losses (unrealized)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Derivatives - assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">671</TD>
    <TD STYLE="font-weight: bold; text-align: right">(79)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">113</TD>
    <TD STYLE="font-weight: bold; text-align: right">(93)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(78)</TD>
    <TD STYLE="font-weight: bold; text-align: right">534</TD>
    <TD STYLE="font-weight: bold; text-align: right">484</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Swap Contracts &ndash; adjustment receivable</TD>
    <TD STYLE="text-align: right">631</TD>
    <TD STYLE="text-align: right">(49)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">94</TD>
    <TD STYLE="text-align: right">(87)</TD>
    <TD STYLE="text-align: right">(78)</TD>
    <TD STYLE="text-align: right">511</TD>
    <TD STYLE="text-align: right">492</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Option Contracts</TD>
    <TD STYLE="text-align: right">34</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">9</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">(8)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Foiward contracts</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">6</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">1</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">10</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">17</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Derivatives - liabilities</TD>
    <TD STYLE="font-weight: bold; text-align: right">(569)</TD>
    <TD STYLE="font-weight: bold; text-align: right">118</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(121)</TD>
    <TD STYLE="font-weight: bold; text-align: right">6</TD>
    <TD STYLE="font-weight: bold; text-align: right">79</TD>
    <TD STYLE="font-weight: bold; text-align: right">(487)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(230)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Swap Contracts &ndash; adjustment payable</TD>
    <TD STYLE="text-align: right">(561)</TD>
    <TD STYLE="text-align: right">116</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(109)</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">79</TD>
    <TD STYLE="text-align: right">(469)</TD>
    <TD STYLE="text-align: right">(228)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Option Contracts</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">(2)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid">Other derivative financial instruments</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(6)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(10)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(16)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="vertical-align: middle; border-top-color: black; border-top-width: 1pt">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top-color: black; border-top-width: 1pt">Fair value at</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total gains or losses (realized / unrealized)</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt">Purchases</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt">Settlements</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt">Transfers in and / or out of Level</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top-color: black; border-top-width: 1pt">Fair value at</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 1pt">Total Gains or Losses (unrealized)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: center">01/01/2022</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2021</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial assets at fair value through profit or loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,563</TD>
    <TD STYLE="font-weight: bold; text-align: right">46</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">143</TD>
    <TD STYLE="font-weight: bold; text-align: right">(49)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,324)</TD>
    <TD STYLE="font-weight: bold; text-align: right">379</TD>
    <TD STYLE="font-weight: bold; text-align: right">(98)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,563</TD>
    <TD STYLE="font-weight: bold; text-align: right">21</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">128</TD>
    <TD STYLE="font-weight: bold; text-align: right">(49)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,324)</TD>
    <TD STYLE="font-weight: bold; text-align: right">339</TD>
    <TD STYLE="font-weight: bold; text-align: right">(138)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Shares</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(54)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">140</TD>
    <TD STYLE="text-align: right">86</TD>
    <TD STYLE="text-align: right">(62)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">(36)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">184</TD>
    <TD STYLE="text-align: right">151</TD>
    <TD STYLE="text-align: right">(60)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Debentures</TD>
    <TD STYLE="text-align: right">1,478</TD>
    <TD STYLE="text-align: right">109</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">96</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,599)</TD>
    <TD STYLE="text-align: right">84</TD>
    <TD STYLE="text-align: right">(7)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Rural Product Note</TD>
    <TD STYLE="text-align: right">61</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(56)</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">(9)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Eurobonds and other</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">(14)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Financial bills</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">19</TD>
    <TD STYLE="text-align: right">(32)</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; border-bottom: black 0.5pt solid">Other financial assets</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">25</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">15</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">40</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">40</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial assets at fair value through other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">47</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">13</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">47</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">13</TD>
    <TD STYLE="font-weight: bold; text-align: right">58</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Shares</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">47</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">45</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Bank deposit certificates</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD COLSPAN="2" ROWSPAN="2" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total gains or losses (realized / unrealized)</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Purchases</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Settlements</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Transfers in and / or out of Level</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; vertical-align: bottom; border-top: black 1pt solid">Fair value at</TD>
    <TD ROWSPAN="4" STYLE="font-weight: bold; vertical-align: middle; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Total Gains or Losses (unrealized)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2021</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in income</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Recognized in other comprehensive income</TD>
    <TD STYLE="font-weight: bold; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Derivatives - assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">152</TD>
    <TD STYLE="font-weight: bold; text-align: right">178</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">298</TD>
    <TD STYLE="font-weight: bold; text-align: right">(552)</TD>
    <TD STYLE="font-weight: bold; text-align: right">595</TD>
    <TD STYLE="font-weight: bold; text-align: right">671</TD>
    <TD STYLE="font-weight: bold; text-align: right">588</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Swap Contracts &ndash; adjustment receivable</TD>
    <TD STYLE="text-align: right">90</TD>
    <TD STYLE="text-align: right">151</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">64</TD>
    <TD STYLE="text-align: right">(73)</TD>
    <TD STYLE="text-align: right">399</TD>
    <TD STYLE="text-align: right">631</TD>
    <TD STYLE="text-align: right">608</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Option Contracts</TD>
    <TD STYLE="text-align: right">62</TD>
    <TD STYLE="text-align: right">27</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">228</TD>
    <TD STYLE="text-align: right">(479)</TD>
    <TD STYLE="text-align: right">196</TD>
    <TD STYLE="text-align: right">34</TD>
    <TD STYLE="text-align: right">(20)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Foiward contracts</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Derivatives - liabilities</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(125)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">48</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(217)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">38</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(313)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(569)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(349)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Swap Contracts &ndash; adjustment payable</TD>
    <TD STYLE="text-align: right">(111)</TD>
    <TD STYLE="text-align: right">(25)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(132)</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">(314)</TD>
    <TD STYLE="text-align: right">(561)</TD>
    <TD STYLE="text-align: right">(350)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Option Contracts</TD>
    <TD STYLE="text-align: right">(14)</TD>
    <TD STYLE="text-align: right">73</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(79)</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">1</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid">Other derivative financial instruments</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(6)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(6)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 123 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->83<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold; text-align: justify">Sensitivity analysis of Level 3 operations</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify">The fair value of financial instruments classified in Level 3 is measured through valuation techniques based on correlations and associated products traded in active markets, internal estimates and internal models.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify">Significant unobservable inputs used for measurement of the fair value of instruments classified in Level 3 are: interest rates, underlying asset prices and volatility. Significant variations in any of these inputs separately may give rise to substantial changes in the fair value.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify">The table below shows the sensitivity of these fair values in scenarios of changes of interest rates or, asset prices, or in scenarios with varying shocks to prices and volatilities for nonlinear assets:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Sensitivity &ndash; Level 3 Operations</TD>
    <TD STYLE="border-top: black 1pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid">Market risk factor groups&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Scenarios</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Impact</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Impact</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stockholders' equity</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stockholders' equity</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="border-bottom: black 0.5pt solid; width: 39%">Interest rates</TD>
    <TD STYLE="text-align: center; width: 12%">I</TD>
    <TD STYLE="text-align: right; width: 12%">(1.3)</TD>
    <TD STYLE="text-align: right; width: 12%">-</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 12%">(2.2)</TD>
    <TD STYLE="text-align: right; width: 12%">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: center">II</TD>
    <TD STYLE="text-align: right">(32.7)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(56.9)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">III</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(65.4)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(113.3)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-bottom: black 0.5pt solid">Commodities, Indexes and Shares</TD>
    <TD STYLE="text-align: center">I</TD>
    <TD STYLE="text-align: right">(7.7)</TD>
    <TD STYLE="text-align: right">(2.0)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(6.7)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center">II</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(15.5)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(4.1)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">(13.4)</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="border-bottom: black 1pt solid">Nonlinear</TD>
    <TD STYLE="text-align: center">I</TD>
    <TD STYLE="text-align: right">(1.6)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(24.8)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">II</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(2.2)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(37.8)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-top: 12pt; padding-bottom: 12pt; text-align: justify">The following scenarios are used to measure sensitivity:</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-bottom: 6pt; font-weight: bold; text-align: justify">Interest rate</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify">Based on reasonably possible changes in assumptions of 1, 25 and 50 basis points (scenarios I, II and III respectively) applied to the interest curves, both up and down, taking the largest losses resulting in each scenario.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-bottom: 6pt; font-weight: bold; text-align: justify">Commodities, Index and Shares</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify">Based on reasonably possible changes in assumptions of 5 and 10 percentage points (scenarios I and II respectively) applied to share prices, both up and down, taking the largest losses resulting in each scenario.</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-bottom: 6pt; font-weight: bold; text-align: justify">Nonlinear</TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Scenario I:</FONT> <FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Based on reasonably possible changes in assumptions of 5 percentage points on prices and 25 percentage points on the volatility level, both up and down, taking the largest losses resulting in each scenario.</FONT></TD></TR>
  <TR STYLE="vertical-align: bottom">
    <TD COLSPAN="7" STYLE="padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Scenario II: </FONT><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Based on reasonably possible changes in assumptions of 10 percentage points on prices and 25 percentage points on the volatility level, both up and down, taking the largest losses resulting in each scenario.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 124 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->84<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Financial assets and liabilities not
measured at fair value</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="text-align: justify">The following table presents the financial assets and liabilities not measured at fair value on a recurring basis.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 49%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="width: 13%">&nbsp;</TD>
    <TD STYLE="width: 11%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Book value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,606,250</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,612,575</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,578,789</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,580,793</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At Amortized Cost</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,606,250</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,612,575</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,578,789</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,580,793</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Central Bank compulsory deposits</TD>
    <TD STYLE="text-align: right">136,749</TD>
    <TD STYLE="text-align: right">136,749</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">115,748</TD>
    <TD STYLE="text-align: right">115,748</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Interbank deposits</TD>
    <TD STYLE="text-align: right">53,326</TD>
    <TD STYLE="text-align: right">54,214</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">59,592</TD>
    <TD STYLE="text-align: right">59,868</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Securities purchased under agreements to resell</TD>
    <TD STYLE="text-align: right">216,959</TD>
    <TD STYLE="text-align: right">216,959</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">221,779</TD>
    <TD STYLE="text-align: right">221,779</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Securities</TD>
    <TD STYLE="text-align: right">236,011</TD>
    <TD STYLE="text-align: right">234,774</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">213,026</TD>
    <TD STYLE="text-align: right">213,438</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Loan and financial lease</TD>
    <TD STYLE="text-align: right">901,185</TD>
    <TD STYLE="text-align: right">907,859</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">909,422</TD>
    <TD STYLE="text-align: right">910,738</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other financial assets</TD>
    <TD STYLE="text-align: right">113,957</TD>
    <TD STYLE="text-align: right">113,957</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">109,909</TD>
    <TD STYLE="text-align: right">109,909</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">(-) Provision for expected loss</TD>
    <TD STYLE="text-align: right">(51,937)</TD>
    <TD STYLE="text-align: right">(51,937)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(50,687)</TD>
    <TD STYLE="text-align: right">(50,687)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Financial liabilities</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,844,291</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,843,916</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,759,182</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,758,475</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">At Amortized Cost</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,840,419</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,840,044</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,755,498</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,754,791</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Deposits</TD>
    <TD STYLE="text-align: right">923,281</TD>
    <TD STYLE="text-align: right">923,285</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">871,438</TD>
    <TD STYLE="text-align: right">871,370</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Securities sold under repurchase agreements</TD>
    <TD STYLE="text-align: right">319,099</TD>
    <TD STYLE="text-align: right">319,099</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">293,440</TD>
    <TD STYLE="text-align: right">293,440</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Interbank market funds</TD>
    <TD STYLE="text-align: right">318,382</TD>
    <TD STYLE="text-align: right">318,385</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">294,587</TD>
    <TD STYLE="text-align: right">294,573</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Institutional market funds</TD>
    <TD STYLE="text-align: right">118,689</TD>
    <TD STYLE="text-align: right">118,307</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">129,382</TD>
    <TD STYLE="text-align: right">128,757</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Other financial liabilities</TD>
    <TD STYLE="text-align: right">160,968</TD>
    <TD STYLE="text-align: right">160,968</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">166,651</TD>
    <TD STYLE="text-align: right">166,651</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Provision for Expected Loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,872</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,872</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,684</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,684</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Loan commitments</TD>
    <TD STYLE="text-align: right">3,094</TD>
    <TD STYLE="text-align: right">3,094</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,874</TD>
    <TD STYLE="text-align: right">2,874</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; border-bottom: black 1pt solid">Financial guarantees</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">778</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">778</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">810</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">810</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 29 - Provisions, contingent assets
and contingent liabilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the ordinary course of its business,&nbsp;ITA&Uacute;
UNIBANCO HOLDING&nbsp;may be a party to legal proceedings labor, civil and tax nature. The contingencies related to these lawsuits are
classified as follows:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Contingent assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">There are no contingent assets recorded.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Provisions and contingencies</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&#8217;s provisions for judicial
and administrative challenges are long-term, considering the time required for their questioning, and this prevents the disclosure of
a deadline for their conclusion.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The legal advisors believe that&nbsp;ITA&Uacute; UNIBANCO
HOLDING&nbsp;is not a party to this or any other administrative proceedings or lawsuits, in addition to those highlighted throughout this
note, that could significantly affect the results of its operations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Civil lawsuits</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In general, provisions and contingencies arise from claims
related to the revision of contracts and compensation for material and moral damages. The lawsuits are classified as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Collective lawsuits:</B> Related to claims of a similar
nature and with individual amounts that are not considered significant. Provisions are calculated on a monthly basis and the expected
amount of losses is accrued according to statistical references that take into account the nature of the lawsuit and the characteristics
of the court (Small Claims Court or Regular Court). Contingencies and provisions are adjusted to reflect the amounts deposited into court
as guarantee for their execution when realized.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Individual lawsuits: </B>Related to claims with unusual
characteristics or involving significant amounts. The probability of loss is ascertained periodically, based on the amount claimed and
the special nature of each case. The probability of loss is estimated according to the peculiarities of the lawsuits.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING, despite having complied with
the rules in force at the time, is a defendant in lawsuits filed by individuals referring to payment of inflation adjustments to savings
accounts resulting from economic plans implemented in the 1980s and the 1990s, as well as in collective lawsuits filed by: (i) consumer
protection</P>


<!-- Field: Page; Sequence: 125 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->85<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">associations; and (ii) the Public Attorney&#8217;s Office,
on behalf of the savings accounts holders. ITA&Uacute; UNIBANCO HOLDING recognizes provisions upon receipt of summons, and when individuals
demand the enforcement of a ruling handed down by the courts, using the same criteria as for provisions for individual lawsuits.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Federal Supreme Court (STF) has issued some decisions
favorable to savings account holders, but it has not established its understanding with respect to the constitutionality of the economic
plans and their applicability to savings accounts. Currently, the appeals involving these matters are suspended, by order of the STF,
until it pronounces its final decision.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In December 2017, through mediation of the Federal Attorney&#8217;s
Office (AGU) and supervision of the BACEN, savers (represented by two civil associations, FEBRAPO and IDEC) and FEBRABAN entered into
an instrument of agreement aiming at resolving lawsuits related to the economic plans, and&nbsp;ITA&Uacute; UNIBANCO HOLDING has already
accepted its terms. Said agreement was approved on March 1, 2018, by the Plenary Session of the Federal Supreme Court (STF) and savers
could adhere to its terms for a 24-month period.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Due to the end of this term, the parties signed an amendment
to the instrument of agreement to extend this period in order to contemplate a higher number of holders of savings accounts and, consequently,
to extend the end of lawsuits. In May, 2020 the Federal Supreme Court (STF) approved this amendment and granted a 30-month term for new
adhesions, and this term may be extended for another 30 months, subject to the reporting of the number of adhesions over the first period.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Labor claims</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Provisions and contingencies arise from lawsuits in which
labor rights provided for in labor legislation specific to the related profession are discussed, such as: overtime, salary equalization,
reinstatement, transfer allowance, and pension plan supplement, among others. These lawsuits are classified as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Collective lawsuits:</B> related to claims considered
similar and with individual amounts that are not considered significant. The expected amount of loss is determined and accrued on a monthly
basis in accordance with a statistical model which calculates the amount of the claims&nbsp;and it is reassessed taking into account court
rulings. Provisions for contingencies are adjusted to reflect the amounts deposited into court as security for execution.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Individual lawsuits:&nbsp;</B>related to claims with unusual
characteristics or involving significant amounts. These are periodically calculated based on the amounts claimed. The probability of loss
is estimated in accordance with the actual and legal characteristics of each lawsuit.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Other risks</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These are quantified and accrued on the basis of the&nbsp;amount
of rural credit transactions with joint liability and FCVS (salary variations compensation fund) credits assigned to Banco Nacional.</P>


<!-- Field: Page; Sequence: 126 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->86<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Civil, labor and other risks provisions</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="border-bottom: black 1pt solid; text-align: left">Below are the changes in civil, labor and other risks provisions:</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 25%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Note</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Civil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Labor</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Other Risks</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Opening balance - 01/01</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,231</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,186</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,844</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,261</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(-) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">(207)</TD>
    <TD STYLE="text-align: right">(952)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,159)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,024</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">7,234</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,844</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,102</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Adjustment / Interest</TD>
    <TD STYLE="text-align: center">23</TD>
    <TD STYLE="text-align: right">94</TD>
    <TD STYLE="text-align: right">256</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">350</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Changes in the period reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: center">23</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">609</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">1,317</TD>
    <TD STYLE="font-weight: bold; text-align: right">277</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,203</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px">Increase</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">852</TD>
    <TD STYLE="text-align: right">1,456</TD>
    <TD STYLE="text-align: right">302</TD>
    <TD STYLE="text-align: right">2,610</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px">Reversal</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(243)</TD>
    <TD STYLE="text-align: right">(139)</TD>
    <TD STYLE="text-align: right">(25)</TD>
    <TD STYLE="text-align: right">(407)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Payment</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(585)</TD>
    <TD STYLE="text-align: right">(1,399)</TD>
    <TD STYLE="text-align: right">(12)</TD>
    <TD STYLE="text-align: right">(1,996)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,142</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">7,408</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,109</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,659</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(+) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">204</TD>
    <TD STYLE="text-align: right">970</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,174</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Closing balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,346</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,378</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">2,109</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">13,833</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Current</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,410</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,012</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,109</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,531</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,936</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">5,366</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">7,302</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Note</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Civil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Labor</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Other Risks</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Opening balance - 01/01</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,317</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,219</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,558</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,094</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(-) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">(225)</TD>
    <TD STYLE="text-align: right">(879)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1,104)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,092</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">7,340</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,558</TD>
    <TD STYLE="font-weight: bold; text-align: right">11,990</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Adjustment / Interest</TD>
    <TD STYLE="text-align: center">23</TD>
    <TD STYLE="text-align: right">169</TD>
    <TD STYLE="text-align: right">491</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">660</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Changes in the period reflected in income</TD>
    <TD STYLE="font-weight: bold; text-align: center">23</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">903</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">2,339</TD>
    <TD STYLE="font-weight: bold; text-align: right">469</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,711</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Increase <SUP>&nbsp;(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,403</TD>
    <TD STYLE="text-align: right">2,663</TD>
    <TD STYLE="text-align: right">469</TD>
    <TD STYLE="text-align: right">4,535</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px">Reversal</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(500)</TD>
    <TD STYLE="text-align: right">(324)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(824)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Payment</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,140)</TD>
    <TD STYLE="text-align: right">(2,936)</TD>
    <TD STYLE="text-align: right">(183)</TD>
    <TD STYLE="text-align: right">(4,259)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,024</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">7,234</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,844</TD>
    <TD STYLE="font-weight: bold; text-align: right">12,102</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(+) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">207</TD>
    <TD STYLE="text-align: right">952</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,159</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Closing balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,231</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,186</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,844</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">13,261</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Current</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,157</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,949</TD>
    <TD STYLE="font-weight: bold; text-align: right">605</TD>
    <TD STYLE="font-weight: bold; text-align: right">4,711</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">2,074</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">5,237</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,239</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">8,550</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="7" STYLE="font-size: 9pt">1) Includes, in the labor provision, the effects of&nbsp;&nbsp;the Voluntary Severance Program at 12/31/2022.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 127 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->87<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Tax and social security provisions</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Tax and social security provisions correspond to the principal amount of taxes involved in administrative or judicial tax lawsuits, subject to tax assessment notices, plus interest and, when applicable, fines and charges.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-bottom: 12pt; text-align: justify">The table below shows the change in the provisions:</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 18%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 44%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 10%">Note</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 14%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; width: 14%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Opening balance - 01/01</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,214</TD>
    <TD STYLE="font-weight: bold; text-align: right">6,498</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(-) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">(75)</TD>
    <TD STYLE="text-align: right">(71)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,139</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,427</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Adjustment / Interest <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">191</TD>
    <TD STYLE="text-align: right">628</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Changes in the period reflected in income</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(62)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(829)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Increase <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">88</TD>
    <TD STYLE="text-align: right">156</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Reversal <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(150)</TD>
    <TD STYLE="text-align: right">(985)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Payment</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(38)</TD>
    <TD STYLE="text-align: right">(86)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Subtotal</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,230</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,140</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">(+) Provisions guaranteed by indemnity clause</TD>
    <TD STYLE="text-align: center">2d XIV</TD>
    <TD STYLE="text-align: right">77</TD>
    <TD STYLE="text-align: right">74</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Closing balance</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,307</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,214</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Current</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">4</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">Non-current</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">6,307</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">6,210</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) The amounts are included in the headings Tax Expenses, General and Administrative Expenses and Current Income Tax and Social Contribution.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The main discussions related to tax and social security provisions
are described below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>INSS
&#8211; Non-compensatory Amounts &#8211;&nbsp;R$ 1,913: the non-levy of social security contribution on amounts paid as profit sharing
is defended. The balance of the deposits in guarantee is&nbsp;R$ 1,229.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>PIS
and COFINS &#8211; Calculation Basis &#8211;&nbsp;R$ 689: defending the levy of PIS and COFINS on revenue, a tax on revenue from the sales
of assets and services. The balance of the deposits in guarantee is&nbsp;R$ 675.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Contingencies not provided for in
the balance sheet</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Amounts involved in administrative and judicial arguments
with the risk of loss estimated as possible are not provided for. They are mainly composed of:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Civil lawsuits and labor claims</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In Civil Lawsuits with possible loss, total estimated risk
is&nbsp;R$ 5,386&nbsp;(R$ 5,087&nbsp;at 12/31/2022), and in this total there are no amounts arising from interests in Joint Ventures.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For Labor Claims with possible loss, estimated risk is&nbsp;R$
731&nbsp;(R$ 637&nbsp;at&nbsp;12/31/2022).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>&nbsp;Tax and social security obligations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">Tax and social security obligations of possible loss totaled&nbsp;R$ 43,248&nbsp;&nbsp;
(R$ 40,958&nbsp;&nbsp;at&nbsp;12/31/2022), and the main cases are described below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>INSS
&#8211; Non-compensatory Amounts &#8211;&nbsp;R$ 10,277: defends the non-levy of this contribution on these amounts, among which are profit
sharing and stock options.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>ISS
&#8211; Banking Activities/Provider Establishment &#8211;&nbsp;R$ 6,692: the levy and/or payment place of ISS for certain banking revenues
are discussed.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IRPJ,
CSLL, PIS and COFINS &#8211; Funding Expenses &#8211;&nbsp;R$ 5,570: the deductibility of raising costs (Interbank deposits rates) for
funds that were capitalized between group companies.</P>


<!-- Field: Page; Sequence: 128 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->88<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IRPJ
and CSLL &#8211; Goodwill &#8211; Deduction &#8211;&nbsp;R$ 3,795: the deductibility of goodwill for future expected profitability on
the acquisition of investments.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>PIS
and COFINS - Reversal of Revenues from Depreciation in Excess &#8211;&nbsp;R$ 3,532&nbsp;: discussing the accounting and tax treatment
of PIS and COFINS upon settlement of leasing operations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IRPJ,
CSLL, PIS and COFINS &#8211; Requests for Offsetting Dismissed &#8211;&nbsp;R$ 2,339: cases in which the liquidity and the certainty of
credits offset are discussed.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IRPJ
and CSLL &#8211; Disallowance of Losses &#8211;&nbsp;R$ 1,207: discussion on the amount of tax loss (IRPJ) and/or social contribution
(CSLL) tax loss carryforwards used by the Federal Revenue Service when drawing up tax assessment notes that are still pending a final
decision.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>IRPJ
and CSLL - Deductibility of Loss in Loan Operations - R$ 954:&nbsp;&nbsp;assessments drawn up for the requirement of IRPJ and CSLL due
to the alleged noncompliance with legal criteria for deducting losses in receipt of loans.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Accounts receivable &#8211; Reimbursement
of provisions</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The receivables balance arising from reimbursements of contingencies
totals&nbsp;R$ 971&nbsp;(R$ 899&nbsp;at 12/31/2022) (Note&nbsp;18a) , arising mainly from the collateral established in Banco Banerj S.A.
privatization process occurred in 1997, when the State of Rio de Janeiro created a fund to guarantee the equity recomposition in provisions
for civil, labor and tax and social security claims.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Guarantees of contingencies, provisions
and legal obligations</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt">The guarantees related to legal proceedings involving ITA&Uacute; UNIBANCO HOLDING and basically consist of:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 30%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">Note</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Civil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Labor</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Tax</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD>
    <TD STYLE="font-weight: bold; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 12%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Deposits in guarantee</TD>
    <TD STYLE="text-align: center">18a</TD>
    <TD STYLE="text-align: right">1,853</TD>
    <TD STYLE="text-align: right">2,154</TD>
    <TD STYLE="text-align: right">9,389</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,396</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,001</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Investment fund quotas</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">435</TD>
    <TD STYLE="text-align: right">123</TD>
    <TD STYLE="text-align: right">18</TD>
    <TD STYLE="font-weight: bold; text-align: right">576</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">615</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Surety</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">65</TD>
    <TD STYLE="text-align: right">54</TD>
    <TD STYLE="text-align: right">5,419</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,538</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,262</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Insurance bond</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,747</TD>
    <TD STYLE="text-align: right">1,499</TD>
    <TD STYLE="text-align: right">17,408</TD>
    <TD STYLE="font-weight: bold; text-align: right">20,654</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">19,256</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid">Guarantee by government securities</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">312</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">312</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">292</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4,100</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">3,830</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">32,546</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">40,476</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">38,426</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 30 - Segment Information</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The current operational and reporting segments of ITA&Uacute;
UNIBANCO HOLDING&nbsp;are described below:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Retail
Business</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">The segment comprises retail customers, account holders
and non-account holders, individuals and legal entities, high income clients (Ita&uacute; Uniclass and Personnalit&eacute;) and the companies
segment (microenterprises and small companies). It includes financing and credit offers made outside the branch network, in addition to
credit cards and payroll loans.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Wholesale
Business</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">It comprises products and services offered to middle-market
companies, high net worth clients (Private Banking), and the operation of Latin American units and Ita&uacute; BBA, which is the unit
responsible for business with large companies and Investment Banking operations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Activities
with the Market + Corporation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 22.5pt; text-align: justify">Basically, corresponds to the result arising from
capital surplus, subordinated debt surplus and the net balance of tax credits and debits. It also includes the financial margin on market
trading, Treasury operating costs, and equity in earnings of companies not included in either of the other segments.</P>


<!-- Field: Page; Sequence: 129 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->89<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Basis of Presentation</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">Segment information is based on the reports used by
senior management of ITA&Uacute; UNIBANCO HOLDING&nbsp;to&nbsp;assess performance and to make decisions about allocation of funds for
investment and other purposes.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">These reports use a variety of information for management
purposes, including financial and non-financial information supported by bases different from information prepared according to accounting
practices adopted in Brazil. The main indicators used for monitoring business performance are Recurring Income, and Return on Economic
Capital allocated to each business segment.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">Information by segment has been prepared in accordance
with accounting practices adopted in Brazil and is adjusted by the items below:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><B>Allocated capital:</B>&nbsp;The statements for each
segment consider capital allocation based on a proprietary model and consequent impacts on results arising from this allocation. This
model includes the following components: Credit risk, operating risk, market risk and insurance underwriting risk.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><B>Income tax rate:&nbsp;</B>We take the total income
tax rate, net of the tax effect from the payment of interest on capital, for the Retail Business, Wholesale Business and Activities with
the Market + Corporation. The difference between the income tax amount calculated by segment and the effective income tax amount, as stated
in the consolidated financial statements, is allocated to the Trading + Institutional column.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Reclassification
and application of managerial criteria</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify">The managerial statement of income was used to prepare
information per segment. These statements were obtained based on the statement of income adjusted by the impact of non-recurring events
and the managerial reclassifications in income.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify">The main reclassifications between the accounting and
managerial results are:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><B>Operating revenues:&nbsp;</B>Considers the opportunity
cost for each operation. The financial statements were adjusted so that the stockholders' equity was replaced by funding at market price.
Subsequently, the financial statements were adjusted to include revenues related to capital allocated to each segment. The cost of subordinated
debt and the respective remuneration at market price were proportionally allocated to the segments, based on the economic capital allocated.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><B>Tax effects of hedging:&nbsp;</B>The tax effects
of hedging of investments abroad were adjusted &#8211; they were originally recorded as tax expenses (PIS and COFINS) and Income Tax and
Social Contribution on Net Income &#8211; and are now reclassified to financial margin.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><B>Insurance:&nbsp;</B>The main reclassifications of
revenues refer to the financial margins obtained from technical provisions for insurance, pension plans and premium bonds, in addition
to revenue from management of pension plan funds.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><B>Other reclassifications:</B> Other Income, Share
of profit or (loss) in Associates and joint ventures, Non-Operating Income, Profit Sharing of Management Members and Expenses for Credit
Card Reward Program were reclassified to those lines representing the way the ITA&Uacute; UNIBANCO HOLDING manages its business, to provide
a clearer understanding of our performance.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify">The adjustments and reclassifications column shows the
effects of the differences between the accounting principles followed for the presentation of segment information, which are substantially
in line with the accounting practices adopted for financial institutions in Brazil, except as described above, and the policies used in
the preparation of these consolidated financial statements according to IFRS. Significant adjustments are as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Requirements
for impairment testing of financial assets are based on the expected loan losses model.</P>


<!-- Field: Page; Sequence: 130 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->90<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Adjustment
to fair value due to reclassifications of financial assets to categories of measurement at amortized cost, at fair value through profit
and loss or at fair value through other comprehensive income, as a result of the concept of business models of IFRS 9.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Financial
assets modified and not written-off, with their balances recalculated in accordance with the requirements of IFRS 9.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Effective
interest rate of financial assets and liabilities measured at amortized cost, appropriating revenues and costs directly attributable to
their acquisition, issue or disposal over the transaction term, whereas in the standards adopted in Brazil, recognition of expenses and
revenues from fees occurs at the time these transactions are contracted.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 30pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Goodwill
generated in a business combination is not amortized, whereas in the standards adopted in Brazil, it is amortized.</P>


<!-- Field: Page; Sequence: 131 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->91<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Consolidated Statement of Managerial
Result</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">04/01 to 06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Retail Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Wholesale Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Activities with the Market + Corporation</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">ITA&Uacute; UNIBANCO</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Adjustments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">IFRS consolidated <SUP>(3)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; width: 36%">Operating revenues</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">24,030</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">13,507</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,290</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">38,827</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,295</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">40,122</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Interest margin <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">14,910</TD>
    <TD STYLE="text-align: right">9,917</TD>
    <TD STYLE="text-align: right">1,170</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">25,997</FONT></TD>
    <TD STYLE="text-align: right">(245)</TD>
    <TD STYLE="text-align: right">25,752</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Commissions and Banking Fees</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">6,787</TD>
    <TD STYLE="text-align: right">3,501</TD>
    <TD STYLE="text-align: right">75</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">10,363</FONT></TD>
    <TD STYLE="text-align: right">811</TD>
    <TD STYLE="text-align: right">11,174</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Income from insurance and private pension operations before claim and selling expenses</TD>
    <TD STYLE="text-align: right">2,333</TD>
    <TD STYLE="text-align: right">89</TD>
    <TD STYLE="text-align: right">45</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,467</FONT></TD>
    <TD STYLE="text-align: right">(769)</TD>
    <TD STYLE="text-align: right">1,698</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other revenues</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,498</TD>
    <TD STYLE="text-align: right">1,498</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Cost of Credit</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(8,281)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,160)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9,441)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">1,584</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,857)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Claims</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(379)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(383)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">383</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Operating margin</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">15,370</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">12,343</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,290</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">29,003</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,262</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">32,265</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other operating income / (expenses)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(11,193)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(5,097)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(409)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(16,699)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(4,659)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(21,358)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Non-interest expenses <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-left: 12px">&nbsp;</TD>
    <TD STYLE="text-align: right">(9,567)</TD>
    <TD STYLE="text-align: right">(4,414)</TD>
    <TD STYLE="text-align: right">(297)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(14,278)</FONT></TD>
    <TD STYLE="text-align: right">(4,690)</TD>
    <TD STYLE="text-align: right">(18,968)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tax expenses for ISS, PIS and COFINS and Other</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,626)</TD>
    <TD STYLE="text-align: right">(683)</TD>
    <TD STYLE="text-align: right">(112)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,421)</FONT></TD>
    <TD STYLE="text-align: right">(214)</TD>
    <TD STYLE="text-align: right">(2,635)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Share of profit or (loss) in associates and joint ventures</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">245</TD>
    <TD STYLE="text-align: right">245</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Income before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">4,177</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,246</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">881</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">12,304</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(1,397)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">10,907</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">(990)</TD>
    <TD STYLE="text-align: right">(2,143)</TD>
    <TD STYLE="text-align: right">(255)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,388)</FONT></TD>
    <TD STYLE="text-align: right">1,410</TD>
    <TD STYLE="text-align: right">(1,978)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Non-controlling interests</TD>
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">5</TD>
    <TD STYLE="text-align: right">(173)</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(174)</FONT></TD>
    <TD STYLE="text-align: right">(136)</TD>
    <TD STYLE="text-align: right">(310)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,192</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">4,930</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">620</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">8,742</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(123)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">8,619</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total assets <SUP>(*)</SUP> -</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,597,790</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,212,708</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">171,309</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,585,768</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(151,560)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,434,208</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">Total liabilities -</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,523,960</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,132,982</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">146,442</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,407,345</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(162,078)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,245,267</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(*)</SUP> Includes:</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Investments in associates and joint ventures</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">2,102</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,852</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">6,954</FONT></TD>
    <TD STYLE="text-align: right">926</TD>
    <TD STYLE="text-align: right">7,880</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Fixed assets, net</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">5,815</TD>
    <TD STYLE="text-align: right">1,309</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">7,124</FONT></TD>
    <TD STYLE="text-align: right">814</TD>
    <TD STYLE="text-align: right">7,938</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Goodwill and Intangible assets, net</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">9,104</TD>
    <TD STYLE="text-align: right">8,933</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">18,037</FONT></TD>
    <TD STYLE="text-align: right">5,884</TD>
    <TD STYLE="text-align: right">23,921</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes interest and similar income and expenses of R$ 12,380, result of financial assets and liabilities at fair value through profit or loss of R$ 8,805 and foreign exchange results and exchange variations in foreign transactions of R$ 4,567.<BR>
2) Refers to general and administrative expenses including depreciation and amortization expenses of R$ (1,679).<BR>
3) The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 132 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->92<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">04/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 35%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 9%">Retail Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 9%">Wholesale Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 10%">Activities with the Market + Corporation</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 9%">ITA&Uacute; UNIBANCO</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 9%">Adjustments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; width: 9%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">IFRS consolidated <SUP>(3)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">Operating revenues</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">22,387</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">12,389</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">473</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">35,249</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">197</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">35,446</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Interest margin <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">13,499</TD>
    <TD STYLE="text-align: right">8,558</TD>
    <TD STYLE="text-align: right">581</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">22,638</FONT></TD>
    <TD STYLE="text-align: right">(540)</TD>
    <TD STYLE="text-align: right">22,098</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Commissions and Banking Fees</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">6,696</TD>
    <TD STYLE="text-align: right">3,763</TD>
    <TD STYLE="text-align: right">40</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">10,499</FONT></TD>
    <TD STYLE="text-align: right">783</TD>
    <TD STYLE="text-align: right">11,282</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Income from insurance and private pension operations before claim and selling expenses</TD>
    <TD STYLE="text-align: right">2,192</TD>
    <TD STYLE="text-align: right">68</TD>
    <TD STYLE="text-align: right">(148)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,112</FONT></TD>
    <TD STYLE="text-align: right">(899)</TD>
    <TD STYLE="text-align: right">1,213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other revenues</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">853</TD>
    <TD STYLE="text-align: right">853</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Cost of Credit</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,479)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(56)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(7,535)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">516</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,019)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Claims</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(332)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(5)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(337)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">337</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">-</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Operating margin</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">14,576</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">12,328</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">473</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">27,377</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,050</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">28,427</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other operating income / (expenses)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(10,803)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(4,696)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(66)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(15,565)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,970)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(18,535)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Non-interest expenses <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="padding-left: 12px">&nbsp;</TD>
    <TD STYLE="text-align: right">(9,236)</TD>
    <TD STYLE="text-align: right">(4,036)</TD>
    <TD STYLE="text-align: right">(42)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(13,314)</FONT></TD>
    <TD STYLE="text-align: right">(3,095)</TD>
    <TD STYLE="text-align: right">(16,409)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Tax expenses for ISS, PIS and COFINS and Other</TD>
    <TD STYLE="padding-left: 12px; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,567)</TD>
    <TD STYLE="text-align: right">(660)</TD>
    <TD STYLE="text-align: right">(24)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(2,251)</FONT></TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(2,257)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Share of profit or (loss) in associates and joint ventures</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">131</TD>
    <TD STYLE="text-align: right">131</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">Income before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,773</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,632</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">407</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">11,812</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(1,920)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">9,892</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">(1,111)</TD>
    <TD STYLE="text-align: right">(2,627)</TD>
    <TD STYLE="text-align: right">(72)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(3,810)</FONT></TD>
    <TD STYLE="text-align: right">1,528</TD>
    <TD STYLE="text-align: right">(2,282)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Non-controlling interests</TD>
    <TD STYLE="font-weight: bold; text-align: justify">&nbsp;</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">(264)</TD>
    <TD STYLE="text-align: right">(67)</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">(323)</FONT></TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">(312)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">2,670</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">4,741</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">268</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,679</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(381)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">7,298</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total assets <SUP>(*)</SUP> -</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,524,983</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,175,209</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">171,983</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,469,958</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(148,892)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,321,066</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">Total liabilities -</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,455,227</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,102,834</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">144,379</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,300,224</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(156,265)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,143,959</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(*)</SUP> Includes:</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Investments in associates and joint ventures</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">2,114</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,798</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">6,912</FONT></TD>
    <TD STYLE="text-align: right">531</TD>
    <TD STYLE="text-align: right">7,443</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Fixed assets, net</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">5,781</TD>
    <TD STYLE="text-align: right">1,282</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">7,063</FONT></TD>
    <TD STYLE="text-align: right">704</TD>
    <TD STYLE="text-align: right">7,767</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px">Goodwill and Intangible assets, net</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">8,660</TD>
    <TD STYLE="text-align: right">9,062</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">17,722</FONT></TD>
    <TD STYLE="text-align: right">5,392</TD>
    <TD STYLE="text-align: right">23,114</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes interest and similar income and expenses of R$ 25,705, result of financial assets and liabilities at fair value through profit or loss of R$ 8,477 and foreign exchange results and exchange variations in foreign transactions of R$ (12,084).<BR>
2) Refers to general and administrative expenses including depreciation and amortization expenses of R$ (1,294).<BR>
3) The IFRS Consolidated figures do not represent the sum of all parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 133 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->93<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">01/01 to 06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Retail&nbsp;&nbsp;&nbsp;&nbsp;Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Wholesale Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Activities with the Market +&nbsp;&nbsp;Corporation</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">ITA&Uacute; UNIBANCO</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Adjustments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">IFRS consolidated <SUP>(3)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid">Operating revenues</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">47,644</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">26,466</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,167</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">76,277</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(104)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">76,173</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Interest margin <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">29,315</TD>
    <TD STYLE="text-align: right">19,418</TD>
    <TD STYLE="text-align: right">1,957</TD>
    <TD STYLE="text-align: right">50,690</TD>
    <TD STYLE="text-align: right">(2,958)</TD>
    <TD STYLE="text-align: right">47,732</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Commissions and Banking Fees</TD>
    <TD STYLE="text-align: right">13,699</TD>
    <TD STYLE="text-align: right">6,878</TD>
    <TD STYLE="text-align: right">132</TD>
    <TD STYLE="text-align: right">20,709</TD>
    <TD STYLE="text-align: right">1,520</TD>
    <TD STYLE="text-align: right">22,229</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left; background-color: white">Income from insurance and private pension operations before&nbsp;&nbsp;claim and selling expenses</TD>
    <TD STYLE="text-align: right; background-color: white">4,630</TD>
    <TD STYLE="text-align: right; background-color: white">170</TD>
    <TD STYLE="text-align: right; background-color: white">78</TD>
    <TD STYLE="text-align: right">4,878</TD>
    <TD STYLE="text-align: right; background-color: white">(1,447)</TD>
    <TD STYLE="text-align: right; background-color: white">3,431</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Other revenues</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,781</TD>
    <TD STYLE="text-align: right">2,781</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">Cost of Credit</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16,462)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(2,067)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(18,529)</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,500</TD>
    <TD STYLE="font-weight: bold; text-align: right">(16,029)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">Claims</TD>
    <TD STYLE="font-weight: bold; text-align: right">(761)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(768)</TD>
    <TD STYLE="font-weight: bold; text-align: right">768</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">Operating margin</TD>
    <TD STYLE="font-weight: bold; text-align: right">30,421</TD>
    <TD STYLE="font-weight: bold; text-align: right">24,392</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,167</TD>
    <TD STYLE="font-weight: bold; text-align: right">56,980</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,164</TD>
    <TD STYLE="font-weight: bold; text-align: right">60,144</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">Other operating&nbsp;&nbsp;income / (expenses)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(22,102)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(9,983)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(779)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(32,864)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(8,136)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(41,000)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Non-interest expenses <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">(18,836)</TD>
    <TD STYLE="text-align: right">(8,665)</TD>
    <TD STYLE="text-align: right">(570)</TD>
    <TD STYLE="text-align: right">(28,071)</TD>
    <TD STYLE="text-align: right">(8,227)</TD>
    <TD STYLE="text-align: right">(36,298)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Tax expenses for&nbsp;&nbsp;ISS, PIS and COFINS and Other</TD>
    <TD STYLE="text-align: right">(3,266)</TD>
    <TD STYLE="text-align: right">(1,318)</TD>
    <TD STYLE="text-align: right">(209)</TD>
    <TD STYLE="text-align: right">(4,793)</TD>
    <TD STYLE="text-align: right">(301)</TD>
    <TD STYLE="text-align: right">(5,094)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left; background-color: white">Share of profit or (loss) in associates and joint ventures</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right; background-color: white">392</TD>
    <TD STYLE="text-align: right; background-color: white">392</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold">Income before income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,319</TD>
    <TD STYLE="font-weight: bold; text-align: right">14,409</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,388</TD>
    <TD STYLE="font-weight: bold; text-align: right">24,116</TD>
    <TD STYLE="font-weight: bold; text-align: right">(4,972)</TD>
    <TD STYLE="font-weight: bold; text-align: right">19,144</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: justify">Income tax and social contribution</TD>
    <TD STYLE="text-align: right">(2,004)</TD>
    <TD STYLE="text-align: right">(4,247)</TD>
    <TD STYLE="text-align: right">(306)</TD>
    <TD STYLE="text-align: right">(6,557)</TD>
    <TD STYLE="text-align: right">3,876</TD>
    <TD STYLE="text-align: right">(2,681)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: justify">Non-controlling interests</TD>
    <TD STYLE="text-align: right">(19)</TD>
    <TD STYLE="text-align: right">(370)</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">(382)</TD>
    <TD STYLE="text-align: right">(107)</TD>
    <TD STYLE="text-align: right">(489)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">6,296</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">9,792</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">1,089</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">17,177</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">(1,203)</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">15,974</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-size: 11pt; width: 36%">&nbsp;</TD>
    <TD STYLE="font: 11pt Calibri\, sans-serif; width: 10%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD>
    <TD STYLE="font-size: 11pt; width: 9%">&nbsp;</TD>
    <TD STYLE="width: 9%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total assets <SUP>(*)</SUP> -</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,597,790</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,212,708</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">171,309</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,585,768</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(151,560)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,434,208</TD></TR>
  <TR STYLE="background-color: white">
    <TD STYLE="font-weight: bold; vertical-align: top; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">Total liabilities -</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">1,523,960</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">1,132,982</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">146,442</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">2,407,345</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">(162,078)</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">2,245,267</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(*) </SUP>&nbsp;Includes:</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Investments in associates and joint ventures</TD>
    <TD STYLE="text-align: right">2,102</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,852</TD>
    <TD STYLE="text-align: right">6,954</TD>
    <TD STYLE="text-align: right">926</TD>
    <TD STYLE="text-align: right">7,880</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left; background-color: white">Fixed assets, net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">5,815</TD>
    <TD STYLE="text-align: right; background-color: white">1,309</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">7,124</TD>
    <TD STYLE="text-align: right; background-color: white">814</TD>
    <TD STYLE="text-align: right; background-color: white">7,938</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left; background-color: white">Goodwill and Intangible assets, net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">9,104</TD>
    <TD STYLE="text-align: right; background-color: white">8,933</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">18,037</TD>
    <TD STYLE="text-align: right; background-color: white">5,884</TD>
    <TD STYLE="text-align: right; background-color: white">23,921</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="8" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes interest and similar income and expenses of R$ 29,973, result of financial assets and liabilities at fair value through profit or loss of R$ 11,917 and foreign exchange results and exchange variations in foreign transactions of R$ 5,842.<BR>
2) Refers to general and administrative expenses including depreciation and amortization expenses of R$ (3,324).<BR>
3) The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 134 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->94<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Retail Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Wholesale Business</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Activities with the Market +&nbsp;&nbsp;Corporation</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">ITA&Uacute; UNIBANCO</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Adjustments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">IFRS consolidated <SUP>(3)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; width: 36%">Operating revenues</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; width: 10%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">43,550</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">23,072</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">1,662</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">68,284</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">1,727</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; width: 9%">70,011</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Interest margin <SUP>(1)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">26,184</TD>
    <TD STYLE="text-align: right">15,756</TD>
    <TD STYLE="text-align: right">1,745</TD>
    <TD STYLE="text-align: right">43,685</TD>
    <TD STYLE="text-align: right">(353)</TD>
    <TD STYLE="text-align: right">43,332</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Commissions and&nbsp;&nbsp;Banking Fees</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">13,126</TD>
    <TD STYLE="text-align: right">7,074</TD>
    <TD STYLE="text-align: right">70</TD>
    <TD STYLE="text-align: right">20,270</TD>
    <TD STYLE="text-align: right">1,688</TD>
    <TD STYLE="text-align: right">21,958</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Income from insurance and private pension operations before&nbsp;&nbsp;claim and selling expenses</TD>
    <TD STYLE="text-align: right">4,240</TD>
    <TD STYLE="text-align: right">242</TD>
    <TD STYLE="text-align: right">(153)</TD>
    <TD STYLE="text-align: right">4,329</TD>
    <TD STYLE="text-align: right">(1,871)</TD>
    <TD STYLE="text-align: right">2,458</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other revenues</TD>
    <TD STYLE="text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">2,263</TD>
    <TD STYLE="text-align: right">2,263</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Cost of Credit</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(13,925)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(577)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(14,502)</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,267</TD>
    <TD STYLE="font-weight: bold; text-align: right">(13,235)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Claims</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(719)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7)</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">(726)</TD>
    <TD STYLE="font-weight: bold; text-align: right">726</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Operating margin</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">28,906</TD>
    <TD STYLE="font-weight: bold; text-align: right">22,488</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,662</TD>
    <TD STYLE="font-weight: bold; text-align: right">53,056</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,720</TD>
    <TD STYLE="font-weight: bold; text-align: right">56,776</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Other operating&nbsp;&nbsp;income / (expenses)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">(21,060)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(9,192)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(103)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(30,355)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(7,367)</TD>
    <TD STYLE="font-weight: bold; text-align: right">(37,722)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Non-interest expenses <SUP>(2)</SUP></FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(18,048)</TD>
    <TD STYLE="text-align: right">(7,992)</TD>
    <TD STYLE="text-align: right">(83)</TD>
    <TD STYLE="text-align: right">(26,123)</TD>
    <TD STYLE="text-align: right">(7,106)</TD>
    <TD STYLE="text-align: right">(33,229)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Tax expenses for ISS, PIS and COFINS and Other</TD>
    <TD STYLE="text-align: right">(3,012)</TD>
    <TD STYLE="text-align: right">(1,200)</TD>
    <TD STYLE="text-align: right">(20)</TD>
    <TD STYLE="text-align: right">(4,232)</TD>
    <TD STYLE="text-align: right">(557)</TD>
    <TD STYLE="text-align: right">(4,789)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Share of profit or (loss) in associates and joint ventures</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">296</TD>
    <TD STYLE="text-align: right">296</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: justify">Income before income tax&nbsp;&nbsp;and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,846</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,296</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,559</TD>
    <TD STYLE="font-weight: bold; text-align: right">22,701</TD>
    <TD STYLE="font-weight: bold; text-align: right">(3,647)</TD>
    <TD STYLE="font-weight: bold; text-align: right">19,054</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Income tax and social contribution</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="text-align: right">(2,416)</TD>
    <TD STYLE="text-align: right">(4,398)</TD>
    <TD STYLE="text-align: right">(175)</TD>
    <TD STYLE="text-align: right">(6,989)</TD>
    <TD STYLE="text-align: right">2,497</TD>
    <TD STYLE="text-align: right">(4,492)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: justify">Non-controlling interests</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">(502)</TD>
    <TD STYLE="text-align: right">(140)</TD>
    <TD STYLE="text-align: right">(673)</TD>
    <TD STYLE="text-align: right">77</TD>
    <TD STYLE="text-align: right">(596)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Net income</TD>
    <TD STYLE="font-weight: bold; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">5,399</TD>
    <TD STYLE="font-weight: bold; text-align: right">8,396</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,244</TD>
    <TD STYLE="font-weight: bold; text-align: right">15,039</TD>
    <TD STYLE="font-weight: bold; text-align: right">(1,073)</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,966</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total assets <SUP>(*)</SUP> -</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,524,983</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,175,209</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">171,983</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,469,958</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(148,892)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,321,066</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">Total liabilities -</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,455,227</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">1,102,834</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">144,379</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,300,224</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">(156,265)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right">2,143,959</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400"><SUP>(*)</SUP> Includes:</FONT></TD>
    <TD STYLE="padding-left: 12px; border-top: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="padding-left: 12px; text-align: left">Investments in associates and joint ventures</TD>
    <TD STYLE="text-align: right">2,114</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">4,798</TD>
    <TD STYLE="text-align: right">6,912</TD>
    <TD STYLE="text-align: right">531</TD>
    <TD STYLE="text-align: right">7,443</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Fixed assets, net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">5,781</TD>
    <TD STYLE="text-align: right">1,282</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">7,063</TD>
    <TD STYLE="text-align: right">704</TD>
    <TD STYLE="text-align: right">7,767</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Goodwill and Intangible assets, net</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8,660</TD>
    <TD STYLE="text-align: right">9,062</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">17,722</TD>
    <TD STYLE="text-align: right">5,392</TD>
    <TD STYLE="text-align: right">23,114</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes interest and similar income and expenses of R$ 38,102, result of financial assets and liabilities at fair value through profit or loss of R$ 4,879 and foreign exchange results and exchange variations in foreign transactions of R$ 351.<BR>
2) Refers to general and administrative expenses including depreciation and amortization expenses of R$ (2,696).<BR>
3) The IFRS Consolidated figures do not represent the sum of the parties because there are intercompany transactions that were eliminated only in the consolidated statements. Segments are assessed by top management, net of income and expenses between related parties.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 135 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->95<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Result of Non-Current Assets and Main
Services and Products by Geographic Region</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 45%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Brazil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Abroad</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Total</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Brazil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Abroad</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 9%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; text-align: justify">Non-current assets</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; background-color: white">25,812</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; background-color: white">6,047</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">31,859</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">24,808</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">6,073</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">30,881</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: justify; background-color: white">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: justify; background-color: white">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: justify; background-color: white">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-style: italic; text-align: justify">&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; border-top: black 1pt solid; text-align: right">-</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">04/01 to 06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">04/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Brazil</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Abroad</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Brazil</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Abroad</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Income related to financial operations <SUP>(1,2)</SUP></FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">60,414</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">7,261</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">67,675</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">35,765</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">7,876</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">43,641</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Income from insurance contracts and private pension <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">1,698</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,698</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,213</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,213</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Comissions and Banking Fees</TD>
    <TD STYLE="text-align: right">10,019</TD>
    <TD STYLE="text-align: right">1,155</TD>
    <TD STYLE="text-align: right">11,174</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">10,196</TD>
    <TD STYLE="text-align: right">1,086</TD>
    <TD STYLE="text-align: right">11,282</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: white; border-top: black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">01/01 to 06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Brazil</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Abroad</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Total</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Brazil</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Abroad</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center; background-color: white">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Income related to interest and similar <SUP>(1,2,3)</SUP></FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">114,319</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; background-color: white">14,989</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">129,308</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">81,441</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right; background-color: white">7,916</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">89,357</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Income from insurance contracts and private pension <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">3,431</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">3,431</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,458</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">2,458</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Commissions and Banking Fees <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right">19,861</TD>
    <TD STYLE="text-align: right; background-color: white">2,368</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">22,229</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">19,750</TD>
    <TD STYLE="text-align: right; background-color: white">2,208</TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">21,958</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify">1) Includes interest and similar income, result of financial assets and liabilities at fair value through profit or loss and foreign exchange results and exchange variations in foreign transactions.<BR>
2) ITA&Uacute; UNIBANCO HOLDING does not have customers representing 10% or higher of its revenues.<BR>
3) In &quot;Brazil&quot; geographic region the companies headquartered in the country and &quot;Abroad&quot; are considered; the other companies, the amounts consider the already eliminated values.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 31 - Related parties</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Transactions between related parties are carried out for
amounts, terms and average rates in accordance with normal market practices during the period, and under reciprocal conditions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Transactions between companies and investment funds, included
in consolidation (Note&nbsp;2d I), have been eliminated and do not affect the consolidated statements.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The principal unconsolidated related parties are as follows:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Ita&uacute;
Unibanco Participa&ccedil;&otilde;es S.A. (IUPAR), Companhia E. Johnston de Participa&ccedil;&otilde;es S.A. (shareholder of IUPAR) and
ITA&Uacute;SA, direct and indirect shareholders of ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>The
associates, non-financial subsidiaries and joint ventures of ITA&Uacute;SA, in particular Dexco S.A., Copagaz &#8211; Distribuidora de
G&aacute;s S.A., Aegea Saneamento e Participa&ccedil;&otilde;es S.A., &Aacute;guas do Rio 1 SPE S.A., &Aacute;guas do Rio 4 SPE S.A.,
Alpargatas S.A.,&nbsp;CCR S.A. and&nbsp;XP Inc. (Note&nbsp;3).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Investments
in associates and joint ventures, in particular Porto Seguro Ita&uacute; Unibanco Participa&ccedil;&otilde;es S.A., BSF Holding S.A. and
XP Inc. (Note&nbsp;3).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Pension
Plans: Funda&ccedil;&atilde;o Ita&uacute; Unibanco &#8211; Previd&ecirc;ncia Complementar and FUNBEP &#8211; Fundo de Pens&atilde;o Multipatrocinado,
closed-end supplementary pension entities, that administer retirement plans sponsored by ITA&Uacute; UNIBANCO HOLDING, created exclusively
for employees.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Associations:
Associa&ccedil;&atilde;o Cubo Coworking Ita&uacute; &#8211; a partner entity of&nbsp;ITA&Uacute; UNIBANCO HOLDING its purpose is to encourage
and promote the discussion and development of alternative and innovative technologies, business models and solutions; to produce and disseminate
the resulting technical and scientific knowledge; to attract and bring in new information technology talents that may be characterized
as startups; and to research, develop and establish ecosystems for entrepreneur and startups.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Foundations
and Institutes maintained by donations from ITA&Uacute; UNIBANCO HOLDING&nbsp;and by the proceeds generated by their assets, so that they
can accomplish their objectives and to maintain their operational and administrative structure:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 15pt; text-align: justify"><B>Funda&ccedil;&atilde;o Ita&uacute; para a Educa&ccedil;&atilde;o
e Cultura </B>&#8211; promotes education, culture, social assistance, defense and guarantee of rights, and strengthening of civil society.</P>


<!-- Field: Page; Sequence: 136 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->96<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 15pt; text-align: justify"><B>Instituto Unibanco</B> &#8211; supports projects
focused on social assistance, particularly education, culture, promotion of integration into the labor market, and environmental protection,
directly or as a supplement to civil institutions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 15pt; text-align: justify"><B>Instituto Unibanco de Cinema </B>&#8211; promotes
culture in general and provides access of low-income population to cinematography, videography and similar productions, for which it should
maintain movie theaters and movie clubs owned or managed by itself to screen films, videos and video-laser discs&nbsp;it owns and other
related activities,&nbsp;as well as to screen and disseminate movies in general, especially those produced in Brazil.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 15pt; text-align: justify"><B>Associa&ccedil;&atilde;o Ita&uacute; Viver Mais</B>
&#8211; provides social services for the welfare of beneficiaries, on the terms defined in its Internal Regulations, and according to
the funds available. These services may include the promotion of cultural, educational, sports, entertainment and healthcare activities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Transactions with related parties:</B></P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Annual rate</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Assets / (Liabilities)</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Revenues / (Expenses)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">04/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">04/01 to 06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt">01/01 to 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt">01/01 to 06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 42%">Interbank investments</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 15%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,834</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">3,835</FONT></TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">61</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 7%"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">121</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">13.65%</TD>
    <TD STYLE="text-align: right">1,834</TD>
    <TD STYLE="text-align: right">3,835</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">61</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">121</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Loan operations</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">57</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">668</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">34</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Alpargatas S.A.</TD>
    <TD STYLE="text-align: center">1.14% to 6%</TD>
    <TD STYLE="text-align: right">14</TD>
    <TD STYLE="text-align: right">28</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Dexco S.A.</TD>
    <TD STYLE="text-align: center">1.28% to 19.61%</TD>
    <TD STYLE="text-align: right">30</TD>
    <TD STYLE="text-align: right">623</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">19</TD>
    <TD STYLE="text-align: right">19</TD>
    <TD STYLE="text-align: right">34</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">1.52% to 18.93%</TD>
    <TD STYLE="text-align: right">13</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Securities and derivative financial instruments (assets and liabilities)</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">5,638</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">6,013</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">205</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">165</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">371</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">375</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Investment funds</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">211</TD>
    <TD STYLE="text-align: right">230</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">22</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">CCR S.A.</TD>
    <TD STYLE="text-align: center">CDI + 1.2% / 9.76%</TD>
    <TD STYLE="text-align: right">1,852</TD>
    <TD STYLE="text-align: right">2,138</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">73</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">105</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Copagaz &ndash; Distribuidora de G&aacute;s S.A.</TD>
    <TD STYLE="text-align: center">CDI + 1.7% to 2.95%</TD>
    <TD STYLE="text-align: right">945</TD>
    <TD STYLE="text-align: right">1,024</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">28</TD>
    <TD STYLE="text-align: right">37</TD>
    <TD STYLE="text-align: right">65</TD>
    <TD STYLE="text-align: right">68</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Ita&uacute;sa S.A.</TD>
    <TD STYLE="text-align: center">CDI + 2% to 2.4%</TD>
    <TD STYLE="text-align: right">1,197</TD>
    <TD STYLE="text-align: right">1,199</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">44</TD>
    <TD STYLE="text-align: right">40</TD>
    <TD STYLE="text-align: right">88</TD>
    <TD STYLE="text-align: right">76</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">&Aacute;guas do Rio 4 SPE S.A.</TD>
    <TD STYLE="text-align: center">CDI + 3.5%</TD>
    <TD STYLE="text-align: right">704</TD>
    <TD STYLE="text-align: right">706</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">39</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD STYLE="text-align: right">65</TD>
    <TD STYLE="text-align: right">99</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">&Aacute;guas do Rio 1 SPE S.A.</TD>
    <TD STYLE="text-align: center">CDI + 3.5%</TD>
    <TD STYLE="text-align: right">270</TD>
    <TD STYLE="text-align: right">272</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD STYLE="text-align: right">12</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">28</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Aegea Saneamento e Participa&ccedil;&otilde;es S.A.</TD>
    <TD STYLE="text-align: center">CDI + 1.8% / 16.76%</TD>
    <TD STYLE="text-align: right">69</TD>
    <TD STYLE="text-align: right">306</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="text-align: right">55</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">82</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">CDI + 1.35% to 1.71%</TD>
    <TD STYLE="text-align: right">390</TD>
    <TD STYLE="text-align: right">138</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Deposits</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,269)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(2,491)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(22)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(1)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(87)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(3)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">CCR S.A.</TD>
    <TD STYLE="text-align: center">98% to 102.5% CDI</TD>
    <TD STYLE="text-align: right">(1,453)</TD>
    <TD STYLE="text-align: right">(2,026)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(19)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(68)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Aegea Saneamento e Participa&ccedil;&otilde;es S.A.</TD>
    <TD STYLE="text-align: center">100% CDI</TD>
    <TD STYLE="text-align: right">(427)</TD>
    <TD STYLE="text-align: right">(11)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">75% to 101% CDI</TD>
    <TD STYLE="text-align: right">(389)</TD>
    <TD STYLE="text-align: right">(454)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(2)</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(17)</TD>
    <TD STYLE="text-align: right">(3)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Deposits received under securities repurchase agreements</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(732)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(19)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(17)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(18)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(27)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">CCR S.A.</TD>
    <TD STYLE="text-align: center">100% CDI</TD>
    <TD STYLE="text-align: right">(125)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">13.55%</TD>
    <TD STYLE="text-align: right">(607)</TD>
    <TD STYLE="text-align: right">(19)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(17)</TD>
    <TD STYLE="text-align: right">(8)</TD>
    <TD STYLE="text-align: right">(17)</TD>
    <TD STYLE="text-align: right">(27)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Funds from acceptances and issuance of securities</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(35)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(49)</FONT></TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Copagaz &ndash; Distribuidora de G&aacute;s S.A.</TD>
    <TD STYLE="text-align: center">100% CDI</TD>
    <TD STYLE="text-align: right">(27)</TD>
    <TD STYLE="text-align: right">(49)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">100% CDI</TD>
    <TD STYLE="text-align: right">(8)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Amounts receivable (payable) / Commissions and/or Other General and Administrative expenses</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(590)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(136)</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(24)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(11)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(63)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(20)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Funda&ccedil;&atilde;o Ita&uacute; Unibanco - Previd&ecirc;ncia Complementar</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">(104)</TD>
    <TD STYLE="text-align: right">(81)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">17</TD>
    <TD STYLE="text-align: right">15</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Ol&iacute;mpia Promo&ccedil;&atilde;o e Servi&ccedil;os S.A.</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(16)</TD>
    <TD STYLE="text-align: right">(27)</TD>
    <TD STYLE="text-align: right">(30)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">FUNBEP - Fundo de Pens&atilde;o Multipatrocinado</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(829)</TD>
    <TD STYLE="text-align: right">(196)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(21)</TD>
    <TD STYLE="text-align: right">(6)</TD>
    <TD STYLE="text-align: right">(48)</TD>
    <TD STYLE="text-align: right">(14)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">347</TD>
    <TD STYLE="text-align: right">145</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">(5)</TD>
    <TD STYLE="text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Rent</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(7)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(16)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(16)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Funda&ccedil;&atilde;o Ita&uacute; Unibanco - Previd&ecirc;ncia Complementar</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(7)</TD>
    <TD STYLE="text-align: right">(7)</TD>
    <TD STYLE="text-align: right">(15)</TD>
    <TD STYLE="text-align: right">(15)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">FUNBEP - Fundo de Pens&atilde;o Multipatrocinado</TD>
    <TD STYLE="text-align: center">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(1)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Sponsorship</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">19</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">28</FONT></TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(4)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(8)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(9)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">(12)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; border-bottom: black 1pt solid">Associa&ccedil;&atilde;o Cubo Coworking Ita&uacute;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">19</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">28</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(4)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(8)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(9)</TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right">(12)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Operations with Key Management Personnel of&nbsp;ITA&Uacute;
UNIBANCO HOLDING present Assets of R$ 174, Liabilities of&nbsp;R$ (6,907) and Results of&nbsp;R$ (60) (R$ 162,&nbsp;R$ (6,427)&nbsp;at&nbsp;12/31/2022&nbsp;and&nbsp;R$
(1) from 01/01 to 06/30/2022, respectively).</P>


<!-- Field: Page; Sequence: 137 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->97<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Compensation and Benefits of Key Management
Personnel</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="padding-bottom: 12pt; text-align: justify">Compensation and benefits attributed to Managers Members, members of the Audit Committee and the Board of Directors of ITA&Uacute; UNIBANCO HOLDING in the period correspond to:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 52%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">04/01 to<BR>
 06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">04/01 to <BR>
06/30/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 12%">01/01 to <BR>
06/30/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid">Fees</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">(160)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">(149)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">(377)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">(320)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Profit sharing</TD>
    <TD STYLE="text-align: right">(80)</TD>
    <TD STYLE="text-align: right">(55)</TD>
    <TD STYLE="text-align: right">(139)</TD>
    <TD STYLE="text-align: right">(121)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Post-employment benefits</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(1)</TD>
    <TD STYLE="text-align: right">(4)</TD>
    <TD STYLE="text-align: right">(4)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Share-based payment plan</TD>
    <TD STYLE="text-align: right">(56)</TD>
    <TD STYLE="text-align: right">(47)</TD>
    <TD STYLE="text-align: right">(78)</TD>
    <TD STYLE="text-align: right">(42)</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">(296)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">(252)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">(598)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; border-top: Black 0.5pt solid; text-align: right">(487)</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 20pt; text-align: justify">Total amount related to share-based payment plans, personnel
expenses and post-employment benefits is detailed in Notes&nbsp;20,&nbsp;23&nbsp;and&nbsp;26,&nbsp;respectively.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 32 - Risk and Capital Management</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Corporate Governance</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;invests in robust risk
management processes and capital management that are the basis for its strategic decisions to ensure business sustainability and maximize
shareholder value creation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These processes are aligned with the guidelines of the Board
of Directors and Executive which, through collegiate bodies, define the global objectives expressed as targets and limits for the business
units that manage risk. Control and capital management units, in turn, support&nbsp;ITA&Uacute; UNIBANCO HOLDING&#8217;s management by
monitoring and analyzing risk and capital.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Board of Directors is the main body responsible for establishing
guidelines, policies and approval levels for risk and capital management. The Capital and Risk Management Committee (CGRC), in turn, is
responsible for supporting the Board of Directors in managing capital and risk. At the executive level, collegiate bodies, presided over
by the Chief Executive Officer (CEO) of&nbsp;ITA&Uacute; UNIBANCO HOLDING, are responsible for capital and risk management, and their
decisions are monitored by the CGRC.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Additionally,&nbsp;ITA&Uacute; UNIBANCO HOLDING has collegiate
bodies with capital and risk management responsibilities delegated to them, under the responsibility of the CRO (Chief Risk Officer).
To support this structure, the Risk Department has departments to ensure, on an independent and centralized basis, that the institution&#8217;s
risks and capital are managed in compliance with the defined policies and procedures.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING's management model is made up
of:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>
1st line of defense: business areas, which have primary responsibility for managing the risk they originate.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>
2nd line of defense: risk area, which ensures that risks are managed and are supported by risk management principles (risk appetite, policies,
procedures and dissemination of the risk culture in the business).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>3rd
line of defense: internal audit, which is linked to the Board of Directors and makes an independent assessment of the activities developed
by the other areas.</P>


<!-- Field: Page; Sequence: 138 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->98<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) Risk Management</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>Risk Appetite</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The risk appetite of&nbsp;ITA&Uacute; UNIBANCO HOLDING is
based on the Board of Director&#8217;s statement:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><I>&#8220;We are a universal bank, operating predominantly
in Latin America. Supported by our risk culture, we operate based on rigorous ethical and regulatory compliance standards, seeking high
and growing results, with low volatility, by means of the long-lasting relationship with clients, correctly pricing risks, well-distributed
fund-raising and proper use of capital.&#8221;</I></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Based on this statement, six dimensions have been defined,
each dimension consists of a set of metrics associated with the main risks involved, combining supplementary measurement methods, to give
a comprehensive vision of our exposure.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Board of Directors is responsible for approving guidelines
and limits for risk appetite, with the support of CGRC and the CRO.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The limits for risk appetite are monitored regularly and
reported to risk committees and to the Board of Directors, which will oversee the preventive measures to be taken to ensure that exposure
is aligned with the strategies of&nbsp;ITA&Uacute; UNIBANCO HOLDING.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Foremost among processes for proper risk and capital management
are the Risk Appetite Statement (RAS) and the implementation of a continuous, integrated risk management structure, the stress test program,
the establishment of a Risk Committee, and the nomination at BACEN of a Chief Risk Officer (CRO), with roles and responsibilities assigned,
and requirements for independence.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The six dimensions of risk appetite are:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Capitalization:&nbsp;</B>establishes
that&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;must have capital sufficient to face any serious recession period or a stress event without
the need to adjust its capital structure under unfavorable circumstances. It is monitored by tracking ITA&Uacute; UNIBANCO HOLDING&#8217;s
capital ratios, both in normal and stress scenarios, and of the ratings of the institution's debt issues.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Liquidity:</B>
establishes that the liquidity of&nbsp;ITA&Uacute; UNIBANCO HOLDING must withstand long periods of stress. It is monitored by tracking
liquidity indicators.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Composition
of results:</B> establishes that business will mainly focus on Latin America, where Ita&uacute; Unibanco will have a diversified range
of customers and products, with low appetite for results volatility and high risk. This dimension includes business and profitability,
as well as market risk and IRRBB, underwriting and credit risk, including social, environmental and climate dimensions. The metrics monitored
by the bank seek to ensure, by means of exposure concentration limits such as, for example, industry sectors, quality of counterparties,
countries and geographic regions and risk factors, a suitable composition of the bank&#8217;s portfolios, aiming at low volatility of
results and business sustainability.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Operational
risk:&nbsp;</B>focuses on the control of operating risk events that may adversely impact business and operating strategy, and involves
monitoring the main operational risk events and losses incurred.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Reputation:&nbsp;</B>addresses
risks that may impact the institution&#8217;s brand value and reputation with customers, employees, regulatory bodies, investors and the
general public. The risk monitoring in this dimension is carried in addition to monitoring the institution&#8217;s conduct.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt"><B>&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</B></FONT><B>Customer:</B>
addresses risks that may compromise customer satisfaction and experience, and is monitored by tracking customer satisfaction, direct impacts
on customers and suitability indicators.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Risk appetite, risk management and guidelines for employees
of&nbsp;ITA&Uacute; UNIBANCO HOLDING for routine decision-making purposes are based on:&nbsp;</P>


<!-- Field: Page; Sequence: 139 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->99<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Sustainability
and customer satisfaction: </B>ITA&Uacute; UNIBANCO HOLDING's vision is to be the leading bank in sustainable performance and customer
satisfaction and, accordingly, it is committed to creating shared value for staff, customers, stockholders and society, ensuring the continuity
of the business. ITA&Uacute; UNIBANCO HOLDING is committed to doing business that is good both for the customer and the institution itself.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Risk
culture:</B>&nbsp;ITA&Uacute; UNIBANCO HOLDING&#8217;s risk culture goes beyond policies, procedures or processes, reinforcing the individual
and collective responsibility of all employees so that they will do the right thing at the right time and in the proper manner, respecting
the ethical way of doing business.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Risk
pricing:&nbsp;</B>ITA&Uacute; UNIBANCO HOLDING&nbsp;&#8217;s operates and assumes risks in businesses that it knows and understands, avoids
the ones that are unknown or that do not provide competitive advantages, and carefully assesses risk-return ratios.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Diversification:</B>&nbsp;ITA&Uacute;
UNIBANCO HOLDING has little appetite for volatility in earnings, and it therefore operates with a diverse base of customers, products
and business, seeking to diversify risks and giving priority to lower risk business.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Operational
excellence:</B> It is the wish of ITA&Uacute; UNIBANCO HOLDING&nbsp;to be an agile bank, with a robust and stable infrastructure enabling
us to offer top quality services.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Ethics
and respect for regulations: </B>for&nbsp;ITA&Uacute; UNIBANCO HOLDING, ethics is non-negotiable, and it therefore promotes an institutional
environment of integrity, encouraging staff to cultivate ethics in relationships and business and to respect the rules, thus caring for
the institution&#8217;s reputation.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;has various ways of disseminating
risk culture, based on four principles: conscious risk-taking, discussion of the risks the institution faces, the corresponding action
taken, and the responsibility of everyone for managing risk.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These principles serve as a basis for ITA&Uacute; UNIBANCO
HOLDING guidelines, helping employees to conscientiously understand, identify, measure, manage and mitigate risks.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Credit risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The possibility of losses arising from failure by a borrower,
issuer or counterparty to meet their financial obligations, the impairment of a loan due to downgrading of the risk rating of the borrower,
the issuer or the counterparty, a decrease in earnings or remuneration, advantages conceded on renegotiation or the costs of recovery.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">There is a credit risk control and management structure,
centralized and independent from the business units, that provides for operating limits and risk mitigation mechanisms, and also establishes
processes and tools to measure, monitor and control the credit risk inherent in all products, portfolio concentrations and impacts of
potential changes in the economic environment.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The credit policy of&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;is
based on internal criteria such as: classification of customers, portfolio performance and changes, default levels, rate of return and
economic capital allocated, among others, and also take into account external factors such as interest rates, market default indicators,
inflation, changes in consumption, and so on.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For personal customers and small and middle-market companies,
credit rating is based on statistical application models (at the early stages of the relationship with a customer) and behavior score
(used for customers with which&nbsp;ITA&Uacute; UNIBANCO HOLDING already has a relationship).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For large companies, the rating is based on information such
as economic and financial condition of the counterparty, their cash-generating capability, the economic group to which they belong, and
the current and prospective situation of the economic sector in which they operate,&nbsp;in accordance with the guidelines of the Sustainability
and Social and Environmental Responsibility Policy (PRSA) and specific manuals and procedures of&nbsp;ITA&Uacute; UNIBANCO HOLDING.&nbsp;Credit
proposals are analyzed on a case by case basis, through an approval-level mechanism.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING strictly controls the credit
exposure of customers and counterparties, taking action to address situations in which the current exposure exceeds what is desirable.
For this purpose, measures provided for in loan agreements are available, such as accelerated maturity or a requirement for additional
collateral.&nbsp;</P>


<!-- Field: Page; Sequence: 140 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->100<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.I - Collateral and policies for mitigating credit risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;uses guarantees to increase
its capacity for recovery in operations exposed to credit risk. The guarantees may be personal, secured, legal structures with mitigating
power and offset agreements.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For collateral to be considered instruments that mitigate
credit risk, it must comply with the requirements and standards that regulate such instruments, both internal and external ones, and they
must be legally valid (effective), enforceable, and assessed on a regular basis.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;also uses credit derivatives,
to mitigate credit risk of its portfolios of loans and securities. These instruments are priced based on models that use the fair value
of market inputs, such as credit spreads, recovery rates, correlations and interest rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.II - Policy for Provisioning and Economic Scenarios</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Both the credit risk and the finance areas are responsible
for defining the methods used to measure expected loan losses and for periodically assessing changes in the provision amounts.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">These areas monitor the trends observed in provisions for
expected credit losses by segment, in addition to establishing an initial understanding of the variables that may trigger changes in the
allowance for loan losses, the probability of default (PD) or the loss given default (LGD).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Once the trends have been identified and an initial assessment
of the variables has been made at the corporate level, the business areas are responsible for further analyzing these trends in more detail
and for each segment, in order to understand the underlying reasons for the trends and to decide whether changes are required in credit
policies.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Provisions for expected losses take into account the expected
risk linked to contracts with similar characteristics and in anticipation of signs of deterioration, over a loss horizon suitable for
the remaining period of the contract to maturity. For contracts of products with no determined termination date, average results of deterioration
and default are used to determine the loss horizon.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Additionally, information on economic scenarios and public
data with internal projections are used to determine and adjust the expected credit loss in line with expected macroeconomic realities.</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="color: #EC7000; font-weight: bold">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold">Sensitivity analysis</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11" STYLE="padding-bottom: 12pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING prepares studies on the impact of estimates in the calculation of expected credit loss. The expected loss models use three different scenarios: Optimistic, Base and Pessimistic. In Brazil, where operations are substantially carried out, these scenarios are combined by weighting their probabilities: 10%, 50% and 40%, respectively, which are updated so as to reflect the new economic conditions. For loan portfolios originated in other countries, the scenarios are weighted by different probabilities, considering regional economic aspects and conditions.</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="11" STYLE="padding-bottom: 12pt; text-align: justify">The table below shows the amount of financial assets at amortized cost and at fair value through other comprehensive income, expected loss and the impacts on the calculation of expected credit loss in the adoption of 100% of each scenario:</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Financial&nbsp;&nbsp;&nbsp;&nbsp;Assets
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Expected&nbsp;&nbsp;&nbsp;&nbsp;Loss
    <SUP>(2)</SUP></FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Reduction/(Increase)
    of Expected Loss</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Financial&nbsp;&nbsp;&nbsp;&nbsp;Assets
    <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Expected&nbsp;&nbsp;&nbsp;&nbsp;Loss
    <SUP>(2)</SUP></FONT></TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Reduction/(Increase)
    of Expected Loss</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Pessimistic scenario</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Base scenario</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Optimistic scenario</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Pessimistic scenario</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Base scenario</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Optimistic scenario</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 15%"><FONT STYLE="font-size: 7pt">1,275,050</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">(55,937)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 10%"><FONT STYLE="font-size: 7pt">(388)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">142</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">447</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 1%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 11%"><FONT STYLE="font-size: 7pt">1,256,752</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">(54,476)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">(530)</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">198</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid; text-align: right; width: 9%"><FONT STYLE="font-size: 7pt">530</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="11" STYLE="font-size: 9pt; text-align: justify"><FONT STYLE="font-size: 7pt">1) Composed of Loan operations, lease operations
    and securities.<BR>
    2) Comprises expected credit loss for Financial Guarantees R$ (778) (R$ (810) at 12/31/2022) and Loan Commitments R$ (3,094) (R$
    (2,874) at 12/31/2022).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.III -&nbsp;Classification of Stages of Credit Impairment</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;uses customers&#8217; internal
information, statistic models, days of default and quantitative analysis in order to determine the credit status of portfolio agreements.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Rules for changing stages take into account:</P>


<!-- Field: Page; Sequence: 141 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->101<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Stage
1 to stage 2:</B> delay or evaluation of&nbsp;probability of default (PD) triggers.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For Retail market portfolios,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;classifies
loan agreements which are over 30 days overdue in stage 2, except payroll loans for government agency, for which the figure is 45 days,&nbsp;due
to the dynamics of payment for transfer of the product.&nbsp;For agreements with delay less than 30 days, the migration to stage 2 occurs
if the financial asset exceeds the allowance for loan losses established by the risk appetite approved by ITA&Uacute; UNIBANCO HOLDING&#8217;s
Management for each portfolio, whereas the others remain in stage 1.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For the Wholesale business portfolio, information on arrears
is taken into account when assessing the counterparty rating.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT><B>Stage
3:</B> default parameters are used to identify stage 3: 90 days without payment noted, except for the mortgage loan portfolio, which are
considered 180 days; debt restructuring; filing for bankruptcy; loss; and court-supervised recovery. The financial asset, at any stage,
can migrate to stage 3 when showing default parameters.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Information on days of delay, used on an absolute basis,
is one important factor for the classification of stages, and after a certain credit status has been defined for an agreement, it is classified
in one of the three stages of credit deterioration. Based on this classification, rules for measuring expected credit loss in each stage
are used, as described in Note&nbsp;2d IV.</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold">I.IV - Maximum Exposure of Financial Assets to Credit Risk</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-bottom: black 0.5pt solid; width: 51%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Brazil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Abroad</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Total</TD>
    <TD STYLE="text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Brazil</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Abroad</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 8%">Total</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold">Financial&nbsp;&nbsp;Assets</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,661,729</TD>
    <TD STYLE="font-weight: bold; text-align: right">483,193</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,144,922</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,543,194</TD>
    <TD STYLE="font-weight: bold; text-align: right">511,277</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,054,471</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold">At Amortized Cost</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,138,013</TD>
    <TD STYLE="font-weight: bold; text-align: right">331,488</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,469,501</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,112,594</TD>
    <TD STYLE="font-weight: bold; text-align: right">350,447</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,463,041</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Interbank deposits</TD>
    <TD STYLE="text-align: right">19,042</TD>
    <TD STYLE="text-align: right">34,284</TD>
    <TD STYLE="text-align: right">53,326</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">18,955</TD>
    <TD STYLE="text-align: right">40,637</TD>
    <TD STYLE="text-align: right">59,592</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Securities purchased under&nbsp;&nbsp;agreements to resell</TD>
    <TD STYLE="text-align: right">214,981</TD>
    <TD STYLE="text-align: right">1,978</TD>
    <TD STYLE="text-align: right">216,959</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">218,339</TD>
    <TD STYLE="text-align: right">3,440</TD>
    <TD STYLE="text-align: right">221,779</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Securities</TD>
    <TD STYLE="text-align: right">210,297</TD>
    <TD STYLE="text-align: right">25,714</TD>
    <TD STYLE="text-align: right">236,011</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">185,658</TD>
    <TD STYLE="text-align: right">27,368</TD>
    <TD STYLE="text-align: right">213,026</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: justify">Loan and lease operations</TD>
    <TD STYLE="text-align: right">641,595</TD>
    <TD STYLE="text-align: right">259,590</TD>
    <TD STYLE="text-align: right">901,185</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">636,836</TD>
    <TD STYLE="text-align: right">272,586</TD>
    <TD STYLE="text-align: right">909,422</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Other financial assets</TD>
    <TD STYLE="text-align: right">96,983</TD>
    <TD STYLE="text-align: right">16,974</TD>
    <TD STYLE="text-align: right">113,957</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">96,081</TD>
    <TD STYLE="text-align: right">13,828</TD>
    <TD STYLE="text-align: right">109,909</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: justify">(-) Provision for Expected&nbsp;&nbsp;Loss</TD>
    <TD STYLE="text-align: right">(44,885)</TD>
    <TD STYLE="text-align: right">(7,052)</TD>
    <TD STYLE="text-align: right">(51,937)</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(43,275)</TD>
    <TD STYLE="text-align: right">(7,412)</TD>
    <TD STYLE="text-align: right">(50,687)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold">At Fair Value Through Other&nbsp;&nbsp;Comprehensive Income</TD>
    <TD STYLE="font-weight: bold; text-align: right">52,164</TD>
    <TD STYLE="font-weight: bold; text-align: right">82,183</TD>
    <TD STYLE="font-weight: bold; text-align: right">134,347</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">54,134</TD>
    <TD STYLE="font-weight: bold; text-align: right">72,614</TD>
    <TD STYLE="font-weight: bold; text-align: right">126,748</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Securities</TD>
    <TD STYLE="text-align: right">52,164</TD>
    <TD STYLE="text-align: right">82,183</TD>
    <TD STYLE="text-align: right">134,347</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">54,134</TD>
    <TD STYLE="text-align: right">72,614</TD>
    <TD STYLE="text-align: right">126,748</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold">At Fair Value Through Profit&nbsp;&nbsp;or Loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">471,552</TD>
    <TD STYLE="font-weight: bold; text-align: right">69,522</TD>
    <TD STYLE="font-weight: bold; text-align: right">541,074</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">376,466</TD>
    <TD STYLE="font-weight: bold; text-align: right">88,216</TD>
    <TD STYLE="font-weight: bold; text-align: right">464,682</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: justify">Securities</TD>
    <TD STYLE="text-align: right">448,322</TD>
    <TD STYLE="text-align: right">18,245</TD>
    <TD STYLE="text-align: right">466,567</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">364,039</TD>
    <TD STYLE="text-align: right">21,060</TD>
    <TD STYLE="text-align: right">385,099</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Derivatives</TD>
    <TD STYLE="text-align: right">21,568</TD>
    <TD STYLE="text-align: right">51,277</TD>
    <TD STYLE="text-align: right">72,845</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">11,052</TD>
    <TD STYLE="text-align: right">67,156</TD>
    <TD STYLE="text-align: right">78,208</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px">Other financial assets</TD>
    <TD STYLE="text-align: right">1,662</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,662</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,375</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">1,375</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; text-align: left">Financial liabilities -&nbsp;&nbsp;provision for expected loss</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,265</TD>
    <TD STYLE="font-weight: bold; text-align: right">607</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,872</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,040</TD>
    <TD STYLE="font-weight: bold; text-align: right">644</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,684</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">Loan Commitments</TD>
    <TD STYLE="text-align: right">2,839</TD>
    <TD STYLE="text-align: right">255</TD>
    <TD STYLE="text-align: right">3,094</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">2,622</TD>
    <TD STYLE="text-align: right">252</TD>
    <TD STYLE="text-align: right">2,874</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px">Financial Guarantees</TD>
    <TD STYLE="text-align: right">426</TD>
    <TD STYLE="text-align: right">352</TD>
    <TD STYLE="text-align: right">778</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">418</TD>
    <TD STYLE="text-align: right">392</TD>
    <TD STYLE="text-align: right">810</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; text-align: left">Off balance sheet</TD>
    <TD STYLE="font-weight: bold; text-align: right">473,184</TD>
    <TD STYLE="font-weight: bold; text-align: right">69,880</TD>
    <TD STYLE="font-weight: bold; text-align: right">543,064</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">472,372</TD>
    <TD STYLE="font-weight: bold; text-align: right">72,005</TD>
    <TD STYLE="font-weight: bold; text-align: right">544,377</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">Financial Guarantees</TD>
    <TD STYLE="text-align: right">73,955</TD>
    <TD STYLE="text-align: right">19,950</TD>
    <TD STYLE="text-align: right">93,905</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">71,524</TD>
    <TD STYLE="text-align: right">20,255</TD>
    <TD STYLE="text-align: right">91,779</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; text-align: left">Letters of credit to be&nbsp;&nbsp;released</TD>
    <TD STYLE="text-align: right">32,164</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">32,164</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">47,354</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">47,354</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left">Loan commitments</TD>
    <TD STYLE="font-weight: bold; text-align: right">367,065</TD>
    <TD STYLE="font-weight: bold; text-align: right">49,930</TD>
    <TD STYLE="font-weight: bold; text-align: right">416,995</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">353,494</TD>
    <TD STYLE="font-weight: bold; text-align: right">51,750</TD>
    <TD STYLE="font-weight: bold; text-align: right">405,244</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: left">Mortgage loans</TD>
    <TD STYLE="text-align: right">13,384</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">13,384</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">15,423</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">15,423</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: left">Overdraft accounts</TD>
    <TD STYLE="text-align: right">162,296</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">162,296</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">157,408</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">157,408</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; text-align: left">Credit cards</TD>
    <TD STYLE="text-align: right">188,318</TD>
    <TD STYLE="text-align: right">3,394</TD>
    <TD STYLE="text-align: right">191,712</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">177,658</TD>
    <TD STYLE="text-align: right">3,754</TD>
    <TD STYLE="text-align: right">181,412</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="padding-left: 24px; border-bottom: black 0.5pt solid; text-align: left">Other pre-approved limits</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,067</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">46,536</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">49,603</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">3,005</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">47,996</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">51,001</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold">Total</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,131,648</TD>
    <TD STYLE="font-weight: bold; text-align: right">552,466</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,684,114</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,012,526</TD>
    <TD STYLE="font-weight: bold; text-align: right">582,638</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,595,164</TD></TR>
  <TR STYLE="vertical-align: bottom; background-color: white">
    <TD COLSPAN="8" STYLE="padding-top: 12pt; padding-bottom: 12pt; border-top: black 0.5pt solid; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Amounts shown for credit risk exposure are based on gross book value and do not take into account any collateral received or other added credit improvements.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt; text-align: justify">The contractual amounts of financial guarantees and letters of credit cards represent the maximum potential of credit risk in the event that a counterparty does not meet the terms of the agreement. The vast majority of loan commitments (mortgage loans, overdraft accounts and other pre-approved limits) mature without being drawn, since they are renewed monthly and can be cancelled unilaterally.</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="8" STYLE="padding-bottom: 12pt; text-align: justify">As a result, the total contractual amount does not represent our real future exposure to credit risk or the liquidity needs arising from such commitments.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 142 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->102<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold; width: 52%">I.IV.I - By business sector</TD>
    <TD STYLE="font-weight: bold; width: 16%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 16%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold">Loans and Financial Lease Operations</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Industry and commerce</TD>
    <TD STYLE="vertical-align: middle; text-align: right">190,328</TD>
    <TD STYLE="vertical-align: middle; text-align: right">21.1%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">197,351</TD>
    <TD STYLE="vertical-align: middle; text-align: right">21.7%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Services</TD>
    <TD STYLE="vertical-align: middle; text-align: right">176,652</TD>
    <TD STYLE="vertical-align: middle; text-align: right">19.6%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">177,180</TD>
    <TD STYLE="vertical-align: middle; text-align: right">19.5%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Other sectors</TD>
    <TD STYLE="vertical-align: middle; text-align: right">37,254</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.1%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">37,072</TD>
    <TD STYLE="vertical-align: middle; text-align: right">4.1%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; border-bottom: black 0.5pt solid; text-align: left">Individuals</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">496,951</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">55.2%</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">497,819</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">54.7%</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top; border-bottom: black 1pt solid; text-align: left">Total</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right">901,185</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right">909,422</TD>
    <TD STYLE="font-weight: bold; vertical-align: middle; border-bottom: black 1pt solid; text-align: right">100.0%</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="color: #EC7000; font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700; color: #EC7000">Other financial assets <SUP>(1)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left; width: 50%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="width: 17%">&nbsp;</TD>
    <TD STYLE="text-align: center; width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">%</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Public sector</TD>
    <TD STYLE="vertical-align: middle; text-align: right">746,789</TD>
    <TD STYLE="vertical-align: middle; text-align: right">63.3%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">691,371</TD>
    <TD STYLE="vertical-align: middle; text-align: right">63.8%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Services</TD>
    <TD STYLE="vertical-align: middle; text-align: right">168,265</TD>
    <TD STYLE="vertical-align: middle; text-align: right">14.3%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">167,176</TD>
    <TD STYLE="vertical-align: middle; text-align: right">15.4%</TD></TR>
  <TR>
    <TD STYLE="vertical-align: top; text-align: left">Other sectors</TD>
    <TD STYLE="vertical-align: middle; text-align: right">129,038</TD>
    <TD STYLE="vertical-align: middle; text-align: right">10.9%</TD>
    <TD STYLE="vertical-align: middle; text-align: right">119,436</TD>
    <TD STYLE="vertical-align: middle; text-align: right">11.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: left">Financial</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">135,963</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">11.5%</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">106,469</TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right">9.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: left">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,180,055</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,084,452</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="5" STYLE="font-size: 9pt; text-align: justify">1) Includes Financial Assets at Fair Value through Profit and Loss, Financial Assets at Fair Value through Other Comprehensive Income and Financial Assets at Amortized Cost, except for Loan and Lease Operations and Other Financial Assets.</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-size: 9pt; font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; text-align: justify">&nbsp;</TD>
    <TD STYLE="font-size: 9pt; font-style: italic; text-align: justify">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="5" STYLE="text-align: justify">The exposure of Off Balance financial instruments (Financial Collaterals and Loan Commitments) is neither categorized nor managed by business sector.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 143 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->103<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="21" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold">I.IV.II - By type and classification of credit risk</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="21" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold">Loan and lease operations</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="19" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; background-color: white">Stage 1</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; background-color: white">Stage 2</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; background-color: white">Stage 3</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center; background-color: white">Total Consolidated of 3 Stages</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 9%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; width: 4%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Loan&nbsp;&nbsp;Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 12%">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Total</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 6%">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Total</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 6%">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Total</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 4%">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 6%">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white; width: 5%">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Individuals</TD>
    <TD STYLE="text-align: right; background-color: white">308,590</TD>
    <TD STYLE="text-align: right; background-color: white">245,636</TD>
    <TD STYLE="text-align: right; background-color: white">453</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">554,679</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">60,565</TD>
    <TD STYLE="text-align: right; background-color: white">8,501</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">69,066</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">37,793</TD>
    <TD STYLE="text-align: right; background-color: white">186</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">37,979</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">406,948</TD>
    <TD STYLE="text-align: right; background-color: white">254,323</TD>
    <TD STYLE="text-align: right; background-color: white">453</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">661,724</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Corporate</TD>
    <TD STYLE="text-align: right; background-color: white">128,031</TD>
    <TD STYLE="text-align: right; background-color: white">26,212</TD>
    <TD STYLE="text-align: right; background-color: white">63,042</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">217,285</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">992</TD>
    <TD STYLE="text-align: right; background-color: white">40</TD>
    <TD STYLE="text-align: right; background-color: white">607</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">1,639</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">4,994</TD>
    <TD STYLE="text-align: right; background-color: white">28</TD>
    <TD STYLE="text-align: right; background-color: white">2,565</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">7,587</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">134,017</TD>
    <TD STYLE="text-align: right; background-color: white">26,280</TD>
    <TD STYLE="text-align: right; background-color: white">66,214</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">226,511</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Micro/Small and medium companies</TD>
    <TD STYLE="text-align: right; background-color: white">136,679</TD>
    <TD STYLE="text-align: right; background-color: white">89,253</TD>
    <TD STYLE="text-align: right; background-color: white">8,855</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">234,787</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">13,960</TD>
    <TD STYLE="text-align: right; background-color: white">1,128</TD>
    <TD STYLE="text-align: right; background-color: white">55</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">15,143</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">10,893</TD>
    <TD STYLE="text-align: right; background-color: white">150</TD>
    <TD STYLE="text-align: right; background-color: white">176</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">11,219</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">161,532</TD>
    <TD STYLE="text-align: right; background-color: white">90,531</TD>
    <TD STYLE="text-align: right; background-color: white">9,086</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">261,149</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2">Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right; background-color: white">176,343</TD>
    <TD STYLE="text-align: right; background-color: white">44,053</TD>
    <TD STYLE="text-align: right; background-color: white">16,851</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">237,247</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">12,994</TD>
    <TD STYLE="text-align: right; background-color: white">1,688</TD>
    <TD STYLE="text-align: right; background-color: white">1,209</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">15,891</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">9,351</TD>
    <TD STYLE="text-align: right; background-color: white">120</TD>
    <TD STYLE="text-align: right; background-color: white">92</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">9,563</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">198,688</TD>
    <TD STYLE="text-align: right; background-color: white">45,861</TD>
    <TD STYLE="text-align: right; background-color: white">18,152</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">262,701</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">749,643</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">405,154</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">89,201</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">1,243,998</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">88,511</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">11,357</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">1,871</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">101,739</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">63,031</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">484</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">2,833</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">66,348</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">901,185</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">416,995</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">93,905</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white">1,412,085</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">60.2%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">32.6%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">7.2%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">87.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">11.2%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">1.8%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">95.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">0.7%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">4.3%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">63.8%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">29.5%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">6.7%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">100.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="19" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">Stage 1</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">Stage 2</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">Stage 3</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">Total Consolidated of 3 Stages</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan Operations</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Loan commitments</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Financial Guarantees</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2">Individuals</TD>
    <TD STYLE="text-align: right">305,210</TD>
    <TD STYLE="text-align: right">233,996</TD>
    <TD STYLE="text-align: right">511</TD>
    <TD STYLE="font-weight: bold; text-align: right">539,717</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">59,639</TD>
    <TD STYLE="text-align: right">8,538</TD>
    <TD STYLE="text-align: right">1</TD>
    <TD STYLE="font-weight: bold; text-align: right">68,178</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">35,254</TD>
    <TD STYLE="text-align: right">226</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">35,480</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">400,103</TD>
    <TD STYLE="text-align: right">242,760</TD>
    <TD STYLE="text-align: right">512</TD>
    <TD STYLE="font-weight: bold; text-align: right">643,375</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2">Corporate</TD>
    <TD STYLE="text-align: right">133,205</TD>
    <TD STYLE="text-align: right">29,853</TD>
    <TD STYLE="text-align: right">60,209</TD>
    <TD STYLE="font-weight: bold; text-align: right">223,267</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">901</TD>
    <TD STYLE="text-align: right">32</TD>
    <TD STYLE="text-align: right">444</TD>
    <TD STYLE="font-weight: bold; text-align: right">1,377</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">5,162</TD>
    <TD STYLE="text-align: right">11</TD>
    <TD STYLE="text-align: right">2,551</TD>
    <TD STYLE="font-weight: bold; text-align: right">7,724</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">139,268</TD>
    <TD STYLE="text-align: right">29,896</TD>
    <TD STYLE="text-align: right">63,204</TD>
    <TD STYLE="font-weight: bold; text-align: right">232,368</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2">Micro/Small and medium companies</TD>
    <TD STYLE="text-align: right">142,621</TD>
    <TD STYLE="text-align: right">84,619</TD>
    <TD STYLE="text-align: right">9,520</TD>
    <TD STYLE="font-weight: bold; text-align: right">236,760</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">12,299</TD>
    <TD STYLE="text-align: right">1,494</TD>
    <TD STYLE="text-align: right">115</TD>
    <TD STYLE="font-weight: bold; text-align: right">13,908</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,976</TD>
    <TD STYLE="text-align: right">265</TD>
    <TD STYLE="text-align: right">123</TD>
    <TD STYLE="font-weight: bold; text-align: right">10,364</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">164,896</TD>
    <TD STYLE="text-align: right">86,378</TD>
    <TD STYLE="text-align: right">9,758</TD>
    <TD STYLE="font-weight: bold; text-align: right">261,032</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2">Foreign loans - Latin America</TD>
    <TD STYLE="text-align: right">182,516</TD>
    <TD STYLE="text-align: right">44,542</TD>
    <TD STYLE="text-align: right">16,912</TD>
    <TD STYLE="font-weight: bold; text-align: right">243,970</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">13,863</TD>
    <TD STYLE="text-align: right">1,544</TD>
    <TD STYLE="text-align: right">1,279</TD>
    <TD STYLE="font-weight: bold; text-align: right">16,686</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">8,776</TD>
    <TD STYLE="text-align: right">124</TD>
    <TD STYLE="text-align: right">114</TD>
    <TD STYLE="font-weight: bold; text-align: right">9,014</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">205,155</TD>
    <TD STYLE="text-align: right">46,210</TD>
    <TD STYLE="text-align: right">18,305</TD>
    <TD STYLE="font-weight: bold; text-align: right">269,670</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">763,552</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">393,010</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">87,152</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">1,243,714</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">86,702</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">11,608</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">1,839</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">100,149</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">59,168</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">626</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">2,788</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">62,582</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">909,422</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">405,244</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">91,779</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right">1,406,445</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 1pt solid">%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">61.4%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">31.6%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">7.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">86.6%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">11.6%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1.8%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">94.5%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">4.5%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">64.7%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">28.8%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">6.5%</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Internal rating</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Total loan operations</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 1</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total loan operations</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 30%">Low</TD>
    <TD STYLE="text-align: right; background-color: white; width: 8%">698,298</TD>
    <TD STYLE="text-align: right; background-color: white; width: 8%">63,323</TD>
    <TD STYLE="text-align: right; background-color: white; width: 8%">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 9%">761,621</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 9%">705,625</TD>
    <TD STYLE="text-align: right; width: 9%">62,501</TD>
    <TD STYLE="text-align: right; width: 9%">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">768,126</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Medium</TD>
    <TD STYLE="text-align: right; background-color: white">51,149</TD>
    <TD STYLE="text-align: right; background-color: white">13,410</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">64,559</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">57,508</TD>
    <TD STYLE="text-align: right">14,095</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">71,603</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>High</TD>
    <TD STYLE="text-align: right; background-color: white">196</TD>
    <TD STYLE="text-align: right; background-color: white">11,778</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">11,974</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">419</TD>
    <TD STYLE="text-align: right">10,106</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">10,525</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid">Credit-Impaired</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right; background-color: white">63,031</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">63,031</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">59,168</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">59,168</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">Total</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">749,643</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">88,511</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">63,031</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">901,185</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">763,552</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">86,702</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">59,168</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">909,422</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold">%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">83.2%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">9.8%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">7.0%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right; background-color: white">100.0%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">84.0%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">9.5%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">6.5%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; font-weight: bold; text-align: right">100.0%</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 144 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->104<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="11" STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold; text-align: left">Other financial assets</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #FF5900; font-weight: bold; border-top: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD COLSPAN="10" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Fair value</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 1</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 2</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Stage 3</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 27%">Investment funds</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">23,408</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">23,721</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">23,259</TD>
    <TD STYLE="font-weight: bold; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">90</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">90</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">59</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 10%">59</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Government securities</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">570,340</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">570,851</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">570,340</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Brazilian government</TD>
    <TD STYLE="text-align: right; background-color: white">473,244</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">473,525</TD>
    <TD STYLE="text-align: right; background-color: white">473,244</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other Public</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">36</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Abroad</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">97,096</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">97,290</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">97,096</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Argentina</TD>
    <TD STYLE="text-align: right; background-color: white">3,301</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">3,353</TD>
    <TD STYLE="text-align: right; background-color: white">3,301</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">United States</TD>
    <TD STYLE="text-align: right; background-color: white">10,972</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">11,121</TD>
    <TD STYLE="text-align: right; background-color: white">10,972</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Israel</TD>
    <TD STYLE="text-align: right; background-color: white">460</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">456</TD>
    <TD STYLE="text-align: right; background-color: white">460</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Mexico</TD>
    <TD STYLE="text-align: right; background-color: white">12,989</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">12,996</TD>
    <TD STYLE="text-align: right; background-color: white">12,989</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Spain</TD>
    <TD STYLE="text-align: right; background-color: white">9,956</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">9,957</TD>
    <TD STYLE="text-align: right; background-color: white">9,956</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Korea</TD>
    <TD STYLE="text-align: right; background-color: white">10,766</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">10,766</TD>
    <TD STYLE="text-align: right; background-color: white">10,766</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Chile</TD>
    <TD STYLE="text-align: right; background-color: white">34,306</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">34,334</TD>
    <TD STYLE="text-align: right; background-color: white">34,306</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Paraguay</TD>
    <TD STYLE="text-align: right; background-color: white">3,795</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">3,775</TD>
    <TD STYLE="text-align: right; background-color: white">3,795</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Uruguay</TD>
    <TD STYLE="text-align: right; background-color: white">3,719</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">3,715</TD>
    <TD STYLE="text-align: right; background-color: white">3,719</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Colombia</TD>
    <TD STYLE="text-align: right; background-color: white">3,702</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">3,687</TD>
    <TD STYLE="text-align: right; background-color: white">3,702</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Peru</TD>
    <TD STYLE="text-align: right; background-color: white">5</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">6</TD>
    <TD STYLE="text-align: right; background-color: white">5</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Czech Republic</TD>
    <TD STYLE="text-align: right; background-color: white">1,725</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">1,725</TD>
    <TD STYLE="text-align: right; background-color: white">1,725</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Switzerland</TD>
    <TD STYLE="text-align: right; background-color: white">1,400</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">1,399</TD>
    <TD STYLE="text-align: right; background-color: white">1,400</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">241,434</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">242,926</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">238,340</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">3,900</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">2,630</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">2,076</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">464</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Rural product note</TD>
    <TD STYLE="text-align: right; background-color: white">39,997</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">39,567</TD>
    <TD STYLE="text-align: right; background-color: white">39,427</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">434</TD>
    <TD STYLE="text-align: right; background-color: white">412</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">210</TD>
    <TD STYLE="text-align: right; background-color: white">158</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right; background-color: white">6,970</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">7,058</TD>
    <TD STYLE="text-align: right; background-color: white">6,970</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Bank deposit certificate</TD>
    <TD STYLE="text-align: right; background-color: white">328</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">317</TD>
    <TD STYLE="text-align: right; background-color: white">317</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">11</TD>
    <TD STYLE="text-align: right; background-color: white">11</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">8</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Debentures</TD>
    <TD STYLE="text-align: right; background-color: white">120,787</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">121,042</TD>
    <TD STYLE="text-align: right; background-color: white">118,994</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">2,645</TD>
    <TD STYLE="text-align: right; background-color: white">1,513</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">1,714</TD>
    <TD STYLE="text-align: right; background-color: white">280</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Eurobonds and other</TD>
    <TD STYLE="text-align: right; background-color: white">6,798</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">6,915</TD>
    <TD STYLE="text-align: right; background-color: white">6,789</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">4</TD>
    <TD STYLE="text-align: right; background-color: white">4</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">23</TD>
    <TD STYLE="text-align: right; background-color: white">5</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Financial bills</TD>
    <TD STYLE="text-align: right; background-color: white">19,613</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">19,608</TD>
    <TD STYLE="text-align: right; background-color: white">19,608</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">5</TD>
    <TD STYLE="text-align: right; background-color: white">5</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Promissory and commercial notes</TD>
    <TD STYLE="text-align: right; background-color: white">12,028</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">12,069</TD>
    <TD STYLE="text-align: right; background-color: white">12,028</TD>
    <TD STYLE="background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other</TD>
    <TD STYLE="text-align: right; background-color: white">34,913</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">36,350</TD>
    <TD STYLE="text-align: right; background-color: white">34,207</TD>
    <TD STYLE="font-weight: bold; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">801</TD>
    <TD STYLE="text-align: right; background-color: white">685</TD>
    <TD STYLE="text-align: right; background-color: white">&nbsp;</TD>
    <TD STYLE="text-align: right; background-color: white">121</TD>
    <TD STYLE="text-align: right; background-color: white">21</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">835,182</TD>
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">837,498</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">831,939</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">3,990</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">2,720</TD>
    <TD STYLE="border-bottom: black 1pt solid; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">2,135</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right; background-color: white">523</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 145 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->105<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="color: #FF5900; font-weight: bold; border-top: black 1pt solid; text-align: left">&nbsp;</TD>
    <TD COLSPAN="10" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 1</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 2</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Stage 3</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Cost</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Fair value</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 34%">Investment funds</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">32,491</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">27,660</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">27,140</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">5,259</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">5,259</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">92</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 9%">92</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Government securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">479,241</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">483,477</TD>
    <TD STYLE="font-weight: bold; text-align: right">479,241</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Brazilian government</TD>
    <TD STYLE="text-align: right">394,082</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">397,794</TD>
    <TD STYLE="text-align: right">394,082</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other Public</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">36</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold">Abroad</TD>
    <TD STYLE="font-weight: bold; text-align: right">85,159</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">85,647</TD>
    <TD STYLE="font-weight: bold; text-align: right">85,159</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD>
    <TD STYLE="font-weight: bold; text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Argentina</TD>
    <TD STYLE="text-align: right">3,453</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,460</TD>
    <TD STYLE="text-align: right">3,453</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">United States</TD>
    <TD STYLE="text-align: right">9,665</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,716</TD>
    <TD STYLE="text-align: right">9,665</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Mexico</TD>
    <TD STYLE="text-align: right">14,010</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">14,021</TD>
    <TD STYLE="text-align: right">14,010</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Spain</TD>
    <TD STYLE="text-align: right">9,922</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,924</TD>
    <TD STYLE="text-align: right">9,922</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Korea</TD>
    <TD STYLE="text-align: right">10,363</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">10,365</TD>
    <TD STYLE="text-align: right">10,363</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Chile</TD>
    <TD STYLE="text-align: right">24,681</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">24,811</TD>
    <TD STYLE="text-align: right">24,681</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Paraguay</TD>
    <TD STYLE="text-align: right">3,463</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,461</TD>
    <TD STYLE="text-align: right">3,463</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Uruguay</TD>
    <TD STYLE="text-align: right">1,182</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,185</TD>
    <TD STYLE="text-align: right">1,182</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Colombia</TD>
    <TD STYLE="text-align: right">3,151</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">3,430</TD>
    <TD STYLE="text-align: right">3,151</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Peru</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">6</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Israel</TD>
    <TD STYLE="text-align: right">860</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">852</TD>
    <TD STYLE="text-align: right">860</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Switzerland</TD>
    <TD STYLE="text-align: right">4,403</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">4,415</TD>
    <TD STYLE="text-align: right">4,403</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold">Corporate securities</TD>
    <TD STYLE="font-weight: bold; text-align: right">211,103</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">216,005</TD>
    <TD STYLE="font-weight: bold; text-align: right">208,241</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">3,559</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,512</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right">2,297</TD>
    <TD STYLE="font-weight: bold; text-align: right">350</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Rural product note</TD>
    <TD STYLE="text-align: right">28,896</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">28,670</TD>
    <TD STYLE="text-align: right">28,618</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">287</TD>
    <TD STYLE="text-align: right">262</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">29</TD>
    <TD STYLE="text-align: right">16</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Real estate receivables certificates</TD>
    <TD STYLE="text-align: right">7,214</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">7,318</TD>
    <TD STYLE="text-align: right">7,214</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Bank deposit certificate</TD>
    <TD STYLE="text-align: right">1,172</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">1,172</TD>
    <TD STYLE="text-align: right">1,172</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Debentures</TD>
    <TD STYLE="text-align: right">110,075</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">110,732</TD>
    <TD STYLE="text-align: right">108,140</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,470</TD>
    <TD STYLE="text-align: right">1,610</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">2,037</TD>
    <TD STYLE="text-align: right">325</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Eurobonds and other</TD>
    <TD STYLE="text-align: right">8,770</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">9,035</TD>
    <TD STYLE="text-align: right">8,770</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Financial bills</TD>
    <TD STYLE="text-align: right">19,504</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">19,535</TD>
    <TD STYLE="text-align: right">19,504</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Promissory and commercial notes</TD>
    <TD STYLE="text-align: right">11,250</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">11,251</TD>
    <TD STYLE="text-align: right">11,250</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Other</TD>
    <TD STYLE="text-align: right">24,222</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">28,292</TD>
    <TD STYLE="text-align: right">23,573</TD>
    <TD STYLE="font-weight: bold; text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">802</TD>
    <TD STYLE="text-align: right">640</TD>
    <TD STYLE="text-align: right">&nbsp;</TD>
    <TD STYLE="text-align: right">231</TD>
    <TD STYLE="text-align: right">9</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: left">Total</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">722,835</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">727,142</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">714,622</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">8,818</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">7,771</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">2,389</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">442</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 146 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->106<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="color: #EC7000; font-weight: bold">Other Financial Assets&nbsp;&nbsp;- Internal Classification by Level of Risk</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 17%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 18%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 15%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 22%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 14%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Internal
    rating</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Financial
    Assets - At Amortized Cost</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">Financial
    assets at fair value through profit or loss <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Financial
    Assets at fair value through other comprehensive income</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Interbank deposits and securities purchased under
    agreements to resell</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: center"><FONT STYLE="font-size: 8pt">Securities</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Low</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">270,285</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">231,718</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">536,578</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">134,279</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">1,172,860</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">Medium</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">3,139</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">2,721</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">68</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">5,928</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">High</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">1,154</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">113</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">1,267</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">270,285</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">236,011</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">539,412</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">134,347</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">1,180,055</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 8pt">%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">22.9%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">20.0%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">45.7%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">11.4%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">100.0%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt"><FONT STYLE="font-size: 8pt">1) Includes Derivatives in the amount of R$ 72,845.</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Internal
    rating</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Financial
    Assets - At Amortized Cost</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">Financial
    assets at fair value through profit or loss <SUP>(1)</SUP></FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Financial
    Assets at fair value through other comprehensive income</FONT></TD>
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Interbank deposits
    and securities purchased under agreements to resell</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Securities</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Low</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">281,371</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">208,605</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">461,153</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">126,673</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">1,077,802</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">Medium</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">3,816</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">2,104</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">75</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">5,995</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 8pt">High</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">605</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">50</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">655</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">281,371</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">213,026</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">463,307</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">126,748</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">1,084,452</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: left"><FONT STYLE="font-size: 8pt">%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">25.9%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">19.6%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">42.7%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">11.8%</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-size: 8pt">100.0%</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="6" STYLE="font-size: 9pt"><FONT STYLE="font-size: 8pt">1) Includes Derivatives in the amount of R$ 78,208.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 147 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->107<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="color: #EC7000; font-weight: bold; text-align: left">I.IV.III - Collateral for loan and lease operations</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 41%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 8%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: left"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Over-collateralized&nbsp;&nbsp;assets</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Under-collateralized
    assets</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Over-collateralized
    assets</FONT></TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Under-collateralized
    assets</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Carrying&nbsp;&nbsp;value
    of the assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Fair
    value of collateral</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Carrying&nbsp;&nbsp;&nbsp;&nbsp;value
    of the assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Fair
    value of collateral</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Carrying&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;value
    of the assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Fair
    value of collateral</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Carrying&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;value
    of the assets</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Fair
    value of collateral</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 8pt">Individuals</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">149,719</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">388,072</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3,415</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">2,937</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">141,896</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">336,597</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3,085</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">2,861</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">Personal <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">3,622</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">14,165</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,613</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,525</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">2,971</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">11,106</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,469</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,394</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">Vehicles <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">30,474</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">71,593</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,365</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,227</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">29,613</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">70,901</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,610</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,463</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">Mortgage loans
    <SUP>(3)</SUP></FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">115,623</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">302,314</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">437</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">185</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">109,312</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">254,590</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">6</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">4</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">Micro, small
    and medium companies and corporates <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">165,483</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">575,833</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">39,694</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">35,708</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">173,007</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">614,178</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">41,395</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">36,233</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">Foreign
    loans - Latin America <SUP>(4)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">169,581</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">316,233</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">9,993</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">3,977</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">175,517</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">319,085</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">11,817</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">4,441</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">484,783</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,280,138</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">53,102</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">42,622</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">490,420</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,269,860</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">56,297</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">43,535</FONT></TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="10" STYLE="font-size: 9pt"><FONT STYLE="font-size: 8pt">1) In general requires financial collaterals. <BR>
    2) Vehicles themselves are pledged as collateral, as well as assets leased in lease operations. <BR>
    3) Properties themselves are pledged as collateral.<BR>
    4) Any collateral set forth in the credit policy of ITA&Uacute; UNIBANCO HOLDING (chattel mortgage, surety/joint debtor, mortgage
    and other).</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Of total loan and&nbsp;lease operations,&nbsp;R$ 363,300&nbsp;(R$
362,705 at 12/31/2022) represented unsecured loans.&nbsp;</P>


<!-- Field: Page; Sequence: 148 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->108<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>I.IV.IV -&nbsp;Repossessed assets</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Assets received from the foreclosure of loans, including
real estate, are initially recorded at the lower of: (i) the fair value of the asset less the estimated selling expenses, or (ii) the
carrying amount of the loan.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Further impairment of assets is recorded as a provision,
with a corresponding charge to income. The maintenance costs of these assets are expensed as incurred.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The policy for sales of these assets includes periodic auctions
that are announced to the market in advance, and provides that the assets cannot be held for more than one year, as stipulated by BACEN.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Total assets repossessed in the period were&nbsp;R$ 290&nbsp;(R$
104 from 01/01 to 06/30/2022), mainly composed of real estate.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Market risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Defined as the possibility of incurring financial losses
from changes in the market value of positions held by a financial institution, including the risks of transactions subject to fluctuations
in currency rates, interest rates, share prices, price indexes and commodity prices, as set forth by CMN. Price Indexes are also treated
as a risk factor group.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Market risk is controlled by an area independent from the
business areas, which is responsible for the daily activities of (i) risk measurement and assessment, (ii) monitoring of stress scenarios,
limits and alerts, (iii) application, analysis and testing of stress scenarios, (iv) risk reporting to those responsible within the business
areas, in compliance with the governance of&nbsp;ITA&Uacute; UNIBANCO HOLDING, (v) monitoring of actions required to adjust positions
and risk levels to make them realistic, and (vi) providing support for the safe launch of new financial products.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The market risk structure categorizes transactions as part
of either the banking portfolio or the trading portfolio, in accordance with general criteria established by CMN Resolution 4,557, of
February 23, 2017, and BCB Resolution No. 111, of July&nbsp;6, 2021 and later changes. The trading portfolio consists of all transactions
involving financial instruments and commodities, including derivatives, which are held for trading. The banking portfolio is basically
characterized by transactions for the banking business, and transactions related to the management of the balance sheet of the institution,
where there is no intention of sale and time horizons are medium and long term.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Market risk management is based on the following metrics:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Value
at risk (VaR): a statistical measure that estimates the expected maximum potential economic loss under normal market conditions, considering
a certain time horizon and confidence level.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Losses
in stress scenarios (Stress Test): simulation technique to assess the behavior of assets, liabilities and derivatives of a portfolio when
several risk factors are taken to extreme market situations (based on prospective and historical scenarios).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Stop
loss: metrics used to revise positions, should losses accumulated in a fixed period reach a certain level.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Concentration:
cumulative exposure of a certain financial instrument or risk factor, calculated at market value (MtM &#8211; Mark to Market).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Stressed
VaR: statistical metric derived from the VaR calculation, with the purpose of simulating higher risk in the trading portfolio, taking
returns that can be seen in past scenarios of extreme volatility.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Management of interest rate risk in the Banking Book (IRRBB)
is based on the following metrics:</P>


<!-- Field: Page; Sequence: 149 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->109<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>&#916;EVE
(Delta Economic Value of Equity): difference between the present value of the sum of repricing flows of instruments subject to IRRBB in
a base scenario and the present value of the sum of repricing flows of these instruments in a scenario of shock in interest rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>&#916;NII
(Delta Net Interest Income): difference between the result of financial intermediation of instruments subject to IRRBB in a base scenario
and the result of financial intermediation of these instruments in a scenario of shock in interest rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt">In addition, sensitivity and loss control measures are also analyzed. They include:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Mismatching
analysis (GAPS): accumulated exposure by risk factor of cash flows expressed at market value, allocated at the maturity dates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Sensitivity
(DV01- Delta Variation):&nbsp;impact on the fair value of cash flows when a 1 basis point change is applied to current interest rates
or on the index rates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Sensitivity
to Sundry Risk Factors (Greeks): partial derivatives of an option portfolio in relation to the prices of underlying assets, implied volatilities,
interest rates and time.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In order to operate within the defined limits,&nbsp;ITA&Uacute;
UNIBANCO HOLDING hedges transactions with customers and proprietary positions, including its foreign investments. Derivatives are commonly
used for these hedging activities, which can be either accounting or economic hedges, both governed by the institutional polices of ITA&Uacute;
UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The structure of limits and alerts obeys the Board of Directors&#8217;
guidelines, and it is reviewed and approved on an annual basis. This structure has specific limits aimed at improving the process of monitoring
and understanding risk, and at avoiding concentration. These limits are quantified by assessing the forecast balance sheet results, the
size of stockholders&#8217; equity, market liquidity, complexity and volatility, and&nbsp;ITA&Uacute; UNIBANCO HOLDING&#8217;s appetite
for risk.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The consumption of market risk limits is monitored and disclosed
daily through exposure and sensitivity maps. The market risk area analyzes and controls the adherence of these exposures to limits and
alerts and reports them in a timely manner to the Treasury desks and other structures foreseen in the governance.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;uses proprietary systems
to measure the consolidated market risk. The processing of these systems occurs in a high-availability access-controlled environment,
which has data storage and recovery processes and an infrastructure that ensures business continuity in contingency (disaster recovery)
situations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>II.I - VaR - Consolidated ITA&Uacute; UNIBANCO HOLDING</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">VaR is calculated by Historical Simulation, i.e. the expected
distribution for profits and losses (P&amp;L) of a portfolio over time, which can be estimated from past behavior of returns of market
risk factors for this portfolio. VaR is calculated at a confidence level of 99%, historical period of 4 years (1000 business days) and
a holding period of one day. In addition, in a conservative approach, VaR is calculated daily, with and without volatility weighting,
and the final VaR is the more restrictive of the values given by the two methods.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">From 01/01 to 06/30/2023, the average total VaR in Historical
Simulation was&nbsp;R$ 883 or 0.5% of total stockholders&#8217; equity (R$ 678 from 01/01 to 12/31/2022 or 0.4% of total stockholders&#8217;
equity).</P>

<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD COLSPAN="9" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">VaR Total&nbsp;&nbsp;(Historical Simulation) (in millions of reais) <SUP>(1)</SUP></FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">06/30/2023</TD>
    <TD>&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Average</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Minimum</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Maximum</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Var Total</TD>
    <TD STYLE="font-weight: bold; text-align: center">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Average</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Minimum</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Maximum</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white">Var Total</TD></TR>
  <TR>
    <TD STYLE="font-weight: bold; vertical-align: top">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; vertical-align: top; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: center; background-color: white">&nbsp;</TD>
    <TD STYLE="font-weight: bold; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; vertical-align: top; text-align: center">&nbsp;</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; width: 35%">VaR by Risk Factor Group</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; background-color: white; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 8%">&nbsp;</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: top; text-align: left">Interest rates</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">1,219</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">1,059</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">1,349</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">1,118</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,102</TD>
    <TD STYLE="vertical-align: middle; text-align: right">885</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,751</TD>
    <TD STYLE="vertical-align: middle; text-align: right">1,160</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: top; text-align: left">Currencies</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">22</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">12</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">36</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">12</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">26</TD>
    <TD STYLE="vertical-align: middle; text-align: right">9</TD>
    <TD STYLE="vertical-align: middle; text-align: right">55</TD>
    <TD STYLE="vertical-align: middle; text-align: right">26</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: top; text-align: left">Shares</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">28</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">14</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">55</TD>
    <TD STYLE="vertical-align: middle; text-align: right; background-color: white">26</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; text-align: right">27</TD>
    <TD STYLE="vertical-align: middle; text-align: right">18</TD>
    <TD STYLE="vertical-align: middle; text-align: right">65</TD>
    <TD STYLE="vertical-align: middle; text-align: right">65</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Commodities</TD>
    <TD STYLE="text-align: right; background-color: white">8</TD>
    <TD STYLE="text-align: right; background-color: white">2</TD>
    <TD STYLE="text-align: right; background-color: white">16</TD>
    <TD STYLE="text-align: right; background-color: white">16</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4</TD>
    <TD STYLE="text-align: right">2</TD>
    <TD STYLE="text-align: right">10</TD>
    <TD STYLE="text-align: right">10</TD></TR>
  <TR>
    <TD STYLE="padding-left: 12px; vertical-align: top; border-bottom: black 0.5pt solid; text-align: left">Effect of diversification</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right; background-color: white">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right; background-color: white">(277)</TD>
    <TD STYLE="vertical-align: middle">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">-</TD>
    <TD STYLE="vertical-align: middle; border-bottom: black 0.5pt solid; text-align: right">(527)</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total risk</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">883</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">718</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white">1,039</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">895</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">678</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">494</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,172</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">734</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="10" STYLE="font-size: 9pt">1) VaR by Risk Factor Group considers information from foreign units.</TD></TR>
  </TABLE>



<!-- Field: Page; Sequence: 150 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->110<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 7pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold; text-align: justify; width: 36%"><FONT STYLE="font-size: 7pt">II.I.I
    - Interest rate risk</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 6%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 5%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: justify; width: 7%"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="14" STYLE="padding-bottom: 12pt; text-align: justify"><FONT STYLE="font-size: 7pt">The table below shows the accounting
    position of financial assets and liabilities exposed to interest rate risk, distributed by maturity (remaining contractual terms).
    This table is not used directly to manage interest rate risks, it is mostly used to permit the assessment of mismatching between
    accounts and products associated thereto and to identify possible risk concentration.&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD COLSPAN="6" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">0-30
    days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">31-180
    days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">181-365
    days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">1-5
    years</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">Over
    5&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;years</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">Total</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">0-30 days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">31-180 days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 7pt">181-365
    days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">1-5 years</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Over 5 years</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 7pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">Financial assets</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">557,472</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">365,284</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">225,990</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">752,177</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">294,960</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">2,195,883</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">604,311</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">374,529</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">208,850</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">633,722</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">274,390</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">2,095,802</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">At amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">462,997</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">310,857</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">178,561</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">401,598</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">166,449</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,520,462</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">464,682</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">314,608</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">167,135</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">391,697</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">166,250</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,504,372</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Compulsory deposits in the Central Bank of Brazil</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">114,744</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">114,744</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">102,600</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">102,600</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Interbank deposits</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">34,441</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">7,955</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">2,710</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,191</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">22</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">53,319</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">40,782</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,207</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">7,683</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">2,800</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">114</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">59,586</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Securities purchased under agreements to resell</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">177,973</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">38,944</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">29</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">216,946</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">177,458</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">44,221</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">47</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">50</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">221,776</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Securities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,462</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">30,581</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39,581</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">110,289</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">45,355</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">234,268</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">15,933</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">18,962</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">26,633</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">107,431</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">42,029</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">210,988</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Loan and lease operations</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">127,377</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">233,377</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">136,270</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">283,118</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">121,043</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">901,185</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">127,909</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">243,218</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">132,772</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">281,466</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">124,057</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">909,422</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">At fair value through other comprehensive
    income</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">24,525</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">11,851</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">15,395</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">56,613</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">25,963</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">134,347</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">35,573</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">13,335</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">6,609</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">47,705</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">23,526</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">126,748</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">At fair value through profit and
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">69,950</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">42,576</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">32,034</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">293,966</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">102,548</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">541,074</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">104,056</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">46,586</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">35,106</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">194,320</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">84,614</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">464,682</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Securities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">57,449</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">27,861</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">20,454</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">270,890</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">89,913</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">466,567</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">81,484</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39,344</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">26,454</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">169,113</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">68,704</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">385,099</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Derivatives</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12,501</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">14,676</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">11,294</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">22,512</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">11,862</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">72,845</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">22,572</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">7,215</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,362</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">24,834</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">15,225</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">78,208</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Other Financial Assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">286</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">564</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">773</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,662</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">27</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">290</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">373</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">685</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,375</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">Financial liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">638,098</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">149,223</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">113,410</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">452,997</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">397,249</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,750,977</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">651,532</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">177,388</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">142,668</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">585,754</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">112,329</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,669,671</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">At amortized cost</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">628,945</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">132,328</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">104,473</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">432,077</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">384,923</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,682,746</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">643,530</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">160,422</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">125,266</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">563,338</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">99,607</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">1,592,163</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Deposits</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">346,369</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">63,164</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">21,275</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">208,919</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">283,554</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">923,281</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">360,548</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">75,395</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">62,860</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">360,225</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12,410</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">871,438</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Securities sold under repurchase agreements</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">266,017</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,090</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,323</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">29,669</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">21,000</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">319,099</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">264,284</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">5,698</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">816</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">16,223</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">6,419</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">293,440</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Interbank market funds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">15,791</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">64,168</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">75,478</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">152,049</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">10,896</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">318,382</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12,918</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">67,034</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">57,476</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">148,390</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,769</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">294,587</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Institutional market funds</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">340</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">3,399</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">6,090</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">39,387</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">69,473</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">118,689</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">5,379</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">11,800</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">3,552</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">36,642</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">72,009</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">129,382</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Premium bonds plans</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">428</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">507</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">307</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">2,053</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">3,295</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">401</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">495</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">562</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1,858</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">3,316</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">At fair value through profit and
    loss</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">9,153</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">16,895</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">8,937</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">20,920</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">12,326</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">68,231</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">8,002</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">16,966</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">17,402</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">22,416</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">12,722</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">77,508</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Derivatives</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">9,151</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">16,877</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,700</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">20,607</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">11,991</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">67,326</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">8,002</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">16,950</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">17,164</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">22,278</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12,467</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">76,861</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Structured notes</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">74</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">86</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">18</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">44</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">64</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left"><FONT STYLE="font-size: 7pt">Other Financial Liabilities</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">2</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">18</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">237</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">301</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">261</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">819</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">15</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">237</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">120</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">211</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">583</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-family: Arial; font-size: 7pt; font-style: normal; font-weight: 700">Difference assets
    / liabilities <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(80,626)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">216,061</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">112,580</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">299,180</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(102,289)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">444,906</FONT></TD>
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(47,221)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">197,142</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">66,181</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">47,987</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">162,635</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">426,724</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left"><FONT STYLE="font-size: 7pt">Cumulative difference</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(80,626)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">135,435</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">248,015</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">547,195</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">444,906</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">(47,221)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">149,921</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">216,102</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">264,089</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 7pt">426,724</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-size: 7pt">Ratio of cumulative difference to total&nbsp;&nbsp;interest-bearing
    assets</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(3.7)%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">6.2%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">11.3%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">24.9%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">20.3%</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">(2.3)%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">7.2%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">10.3%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">12.6%</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 7pt">20.4%</FONT></TD>
    <TD STYLE="text-align: left"><FONT STYLE="font-size: 7pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD COLSPAN="14" STYLE="font-size: 9pt; border-top: black 1pt solid; text-align: justify"><FONT STYLE="font-size: 7pt">1) The difference
    arises from the mismatch between the maturities of all remunerated assets and liabilities, at the respective period-end date, considering
    the contractually agreed terms.</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 151 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->111<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>II.I.II - Currency risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The purpose of ITA&Uacute; UNIBANCO HOLDING's&nbsp;management
of foreign exchange exposure is to mitigate the effects arising from variation&nbsp;in foreign exchange rates, which may present high-volatility
periods.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The currency (or foreign exchange) risk arises from positions
that are sensitive to oscillations in foreign exchange rates. These positions may be originated by financial instruments that are denominated
in a currency other than the functional currency in which the balance sheet is measured or through positions in derivative instruments
(for negotiation or hedge). Sensitivity to currency risk is disclosed in the table VaR Total (Historical Simulation) described in item
II.I &#8211; VaR Consolidated &#8211; ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>II.I.III - Share Price Risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The exposure to share price risk is disclosed in Note&nbsp;5,
related to Financial Assets Through Profit or Loss - Securities, and Note&nbsp;8, related to Financial Assets at Fair Value Through Other
Comprehensive Income - Securities.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Liquidity risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Defined as the possibility that the institution may be unable
to efficiently meet its expected and unexpected obligations, both current and future, including those arising from guarantees issued,
without affecting its daily operations and without incurring significant losses.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Liquidity risk is controlled by an area independent from
the business area and responsible for establishing the reserve composition, estimating the cash flow and exposure to liquidity risk in
different time horizons, and for monitoring the minimum limits to absorb losses in stress scenarios for each country where ITA&Uacute;
UNIBANCO HOLDING&nbsp;operates. All activities are subject to verification by independent validation, internal control and audit areas.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Liquidity management policies and limits are based on prospective
scenarios and senior management&#8217;s guidelines. These scenarios are reviewed on a periodic basis, by analyzing the need for cash due
to atypical market conditions or strategic decisions by ITA&Uacute; UNIBANCO HOLDING.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;manages and controls liquidity
risk on a daily basis, using procedures approved in superior committees, including the adoption of liquidity minimum limits, sufficient
to absorb possible cash losses in stress scenarios, measured with the use of internal and regulatory methods.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Among the main regulatory liquidity indicators, the following
indicators stand out:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><B>Liquidity Coverage Ratio (LCR):</B> can be defined
as a sufficiency index over a 30-day horizon, measuring the available amount of assets available to honor potential liquid outflows in
a stress scenario.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify"><B>Net Stable Funding Ratio (NSFR):</B> can be defined
as an analysis of funding available for the financing of long-term assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Both metrics are managed by the liquidity risk area and they
have limits approved by superior committees, as well as governance of action plans in possible liquidity stress scenarios.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Additionally, the following items for monitoring and supporting
decisions are periodically prepared and submitted to senior management:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Different
scenarios projected for changes in liquidity.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Contingency
plans for crisis situations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Reports
and charts that describe the risk positions.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Assessment
of funding costs and alternative sources of funding.</P>


<!-- Field: Page; Sequence: 152 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->112<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>Monitoring
of changes in funding through a constant control of sources of funding, considering the type of investor, maturities and other factors.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>III.I -&nbsp;Primary sources of funding</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;has different sources of
funding, of which a significant portion is from the retail segment. Of total customers&#8217; funds, 68.8% or R$ 935,465, is immediately
available to customers. However, the historical behavior of the accumulated balance of the two largest items in this group &#8211; demand
and savings deposits - is relatively consistent with the balances increasing over time and inflows exceeding outflows for monthly average
amounts.&nbsp;</P>



<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid">Funding from customers</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">0-30 days</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">0-30 days</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center">%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; width: 35%">Deposits</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">773,876</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">923,281</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">737,633</TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 12%">871,438</TD>
    <TD STYLE="font-weight: bold; width: 8%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Demand deposits</TD>
    <TD STYLE="text-align: right">114,061</TD>
    <TD STYLE="text-align: right">114,061</TD>
    <TD STYLE="text-align: right">8.4%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">117,587</TD>
    <TD STYLE="text-align: right">117,587</TD>
    <TD STYLE="text-align: right">9.1%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Savings deposits</TD>
    <TD STYLE="text-align: right">174,464</TD>
    <TD STYLE="text-align: right">174,464</TD>
    <TD STYLE="text-align: right">12.8%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">179,764</TD>
    <TD STYLE="text-align: right">179,764</TD>
    <TD STYLE="text-align: right">13.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Time deposits <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">477,465</TD>
    <TD STYLE="text-align: right">620,223</TD>
    <TD STYLE="text-align: right">45.6%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">434,450</TD>
    <TD STYLE="text-align: right">564,215</TD>
    <TD STYLE="text-align: right">43.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px">Other</TD>
    <TD STYLE="text-align: right">7,886</TD>
    <TD STYLE="text-align: right">14,533</TD>
    <TD STYLE="text-align: right">1.1%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">5,832</TD>
    <TD STYLE="text-align: right">9,872</TD>
    <TD STYLE="text-align: right">0.8%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Interbank market funds <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="text-align: right">160,839</TD>
    <TD STYLE="text-align: right">318,382</TD>
    <TD STYLE="text-align: right">23.4%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">130,074</TD>
    <TD STYLE="text-align: right">294,587</TD>
    <TD STYLE="text-align: right">22.7%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Funds from own issue <SUP>(2)</SUP></FONT></TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">7</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">8</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="background-color: white">Institutional market funds</TD>
    <TD STYLE="text-align: right">750</TD>
    <TD STYLE="text-align: right">118,689</TD>
    <TD STYLE="text-align: right">8.7%</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">4,630</TD>
    <TD STYLE="text-align: right">129,382</TD>
    <TD STYLE="text-align: right">10.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">935,465</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,360,359</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">872,337</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">1,295,415</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right">100.0%</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="8" STYLE="font-size: 9pt; text-align: justify">1) The settlement date is considered as the closest period in which the client has the possibility of withdrawing funds.<BR>
2) Refers to Deposits received under securities repurchase agreements with securities from own issue.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; color: #EC7000"><B>III.II - Control over liquidity</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Under the LCR metric,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;has
High-quality Liquid Assets (HQLA) which totaled an average of&nbsp;R$ 355,222 in the period, mainly made up of sovereign securities, reserves
in central banks and cash. Net cash outflows totaled an average of&nbsp;R$ 197,692 in the period, mainly made up of retail, wholesale
funds, additional requirements, contractual and contingent obligations, offset by cash inflows from loans and other expected cash inflows.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The average LCR in the period is&nbsp;179.7%&nbsp;(164.4%&nbsp;at&nbsp;12/31/2022)&nbsp;above
the 100% threshold, and therefore the entity comfortably has sufficient stable funds available to support losses under the standardized
stress scenario for LCR.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">From the NSFR perspective,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;has
Available Stable Funding (ASF) that totaled&nbsp;R$ 1,216,666 in the period, mainly made up of capital, retail and wholesale funds. The
required stable funding (RSF) totaled&nbsp;R$ 951,167 in the period, mainly made up of loans and financing granted to wholesale and retail
clients, central governments, and operations with central banks.&nbsp;&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The NSFR at the period closing is 127.9%&nbsp;(124.9%&nbsp;at&nbsp;12/31/2022),
above the 100% threshold, and therefore the entity comfortably has sufficient stable funds available to support the stable funds required
in the long term, in accordance with the metric.&nbsp;</P>


<!-- Field: Page; Sequence: 153 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->113<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD COLSPAN="12" STYLE="padding-bottom: 12pt"><FONT STYLE="font-size: 8pt">Liabilities according to their remaining contractual maturities,
    considering their undiscounted flows, are presented below:</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: justify"><FONT STYLE="font-size: 8pt">Undiscounted future
    flows, except for derivatives which are fair value</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 0.5pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; width: 39%"><FONT STYLE="font-size: 8pt">Financial
    liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; background-color: white; width: 6%"><FONT STYLE="font-size: 8pt">0
    &ndash; 30</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; background-color: white; width: 6%"><FONT STYLE="font-size: 8pt">31
    &ndash; 365</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; background-color: white; width: 6%"><FONT STYLE="font-size: 8pt">366
    &ndash; 720</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; background-color: white; width: 6%"><FONT STYLE="font-size: 8pt">Over
    720 days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; background-color: white; width: 6%"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; width: 6%"><FONT STYLE="font-size: 8pt">0
    &ndash; 30</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; width: 6%"><FONT STYLE="font-size: 8pt">31
    &ndash; 365</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; width: 6%"><FONT STYLE="font-size: 8pt">366
    &ndash; 720</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; width: 6%"><FONT STYLE="font-size: 8pt">Over
    720 days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; border-top-color: black; border-top-width: 0.5pt; width: 6%"><FONT STYLE="font-size: 8pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 8pt">Deposits</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">773,884</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">98,890</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">27,028</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">26,609</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">926,411</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">737,637</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">92,481</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">28,768</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">21,264</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">880,150</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Demand deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">114,061</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">114,061</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">117,587</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">117,587</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Savings deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">174,464</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">174,464</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">179,764</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">179,764</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Time deposit</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">477,465</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">93,706</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">26,302</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">25,756</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">623,229</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">434,450</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">91,308</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">25,870</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">21,191</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">572,819</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Interbank deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,148</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">5,184</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">726</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">853</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">7,911</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">858</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">1,173</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">2,898</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">73</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">5,002</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Other deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">6,746</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">6,746</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">4,978</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">4,978</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 8pt">Compulsory deposits</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(117,038)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(12,671)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(3,557)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(3,483)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(136,749)</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(97,709)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(11,904)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(3,373)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(2,762)</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">(115,748)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Demand deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(22,005)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(22,005)</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(13,148)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(13,148)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Savings deposits</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(30,471)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(30,471)</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(27,923)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(27,923)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Time deposit</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(64,562)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(12,671)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(3,557)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">(3,483)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(84,273)</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(56,638)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(11,904)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(3,373)</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">(2,762)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">(74,677)</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 8pt">Securities sold under repurchase agreements</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">266,160</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">2,544</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">11,836</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">73,725</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">354,265</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">264,451</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">6,603</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">7,841</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">29,287</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">308,182</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Government securities</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">223,781</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">301</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">5,982</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">53,492</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">283,556</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">196,672</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">6,444</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">7,808</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">29,176</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">240,100</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Private securities</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">21,499</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,726</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">5,825</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">18,652</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">47,702</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">22,642</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">1</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">22,653</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px"><FONT STYLE="font-size: 8pt">Foreign</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">20,880</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">517</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">29</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,581</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">23,007</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">45,137</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">158</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">33</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">101</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">45,429</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">Interbank market funds</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">160,839</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">74,738</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">39,793</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">57,527</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">332,897</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">94,313</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">101,047</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">44,547</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">70,900</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">310,807</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">Institutional market funds</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">750</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">12,469</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">45,601</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">86,586</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">145,406</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">4,645</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">5,367</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">42,162</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">103,421</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">155,595</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 8pt">Derivative financial instruments - Net position</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">9,151</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">25,577</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">8,661</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">23,937</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">67,326</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">8,002</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">34,114</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">9,056</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">25,689</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">76,861</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-size: 8pt">Swaps</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">838</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">9,033</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">7,001</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">22,467</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">39,339</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">2,835</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">5,114</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">7,344</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">23,775</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">39,068</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-size: 8pt">Options</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">242</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">11,348</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">668</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">556</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">12,814</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">3,221</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">25,087</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">901</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">673</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">29,882</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-size: 8pt">Forwards</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">6,909</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">6,909</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">55</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">10</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">65</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left"><FONT STYLE="font-size: 8pt">Other derivatives</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">1,162</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">5,196</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">992</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">914</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">8,264</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">1,891</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">3,903</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">811</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">1,241</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 400">7,846</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold"><FONT STYLE="font-size: 8pt">Other financial liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">2</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">255</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">562</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">819</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">252</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">34</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-size: 8pt">297</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">583</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: justify"><FONT STYLE="font-size: 8pt">Total
    financial liabilities</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,093,746</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">201,549</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">129,617</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">265,463</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,690,375</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: left; background-color: white"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,011,339</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">227,960</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">129,035</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">248,096</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">1,616,430</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B>&nbsp;</B></P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 8pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">Off
    balance commitments</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">06/30/2023</FONT></TD>
    <TD STYLE="border-top: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD COLSPAN="5" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">12/31/2022</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Note</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">0
    &ndash; 30</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">31
    &ndash; 365</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">366
    &ndash; 720</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Over
    720&nbsp;days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center; background-color: white"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">0 &ndash; 30</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">31 &ndash; 365</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">366 &ndash; 720</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Over 720
    days</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">Total</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 37%"><FONT STYLE="font-size: 8pt">Financial guarantees</FONT></TD>
    <TD STYLE="width: 7%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white; width: 5%"><FONT STYLE="font-size: 8pt">1,684</FONT></TD>
    <TD STYLE="text-align: right; background-color: white; width: 5%"><FONT STYLE="font-size: 8pt">35,216</FONT></TD>
    <TD STYLE="text-align: right; background-color: white; width: 5%"><FONT STYLE="font-size: 8pt">12,180</FONT></TD>
    <TD STYLE="text-align: right; background-color: white; width: 5%"><FONT STYLE="font-size: 8pt">44,825</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white; width: 5%"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">93,905</FONT></TD>
    <TD STYLE="width: 1%"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-size: 8pt">2,987</FONT></TD>
    <TD STYLE="text-align: right; width: 5%"><FONT STYLE="font-size: 8pt">31,548</FONT></TD>
    <TD STYLE="text-align: right; width: 6%"><FONT STYLE="font-size: 8pt">12,731</FONT></TD>
    <TD STYLE="text-align: right; width: 6%"><FONT STYLE="font-size: 8pt">44,513</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; width: 8%"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">91,779</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">Loan commitments</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">167,259</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">49,521</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">14,362</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">185,853</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">416,995</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">161,822</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">50,552</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">20,386</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">172,484</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">405,244</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD><FONT STYLE="font-size: 8pt">Letters of credit to be released</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">32,164</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">32,164</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">47,354</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">47,354</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: black 0.5pt solid"><FONT STYLE="font-size: 8pt">Contractual commitments - Fixed and Intangible assets</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: center"><FONT STYLE="font-size: 8pt">13 and 14</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3</FONT></TD>
    <TD><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">-</FONT></TD>
    <TD STYLE="border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-size: 8pt">3</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">3</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">Total</FONT></TD>
    <TD STYLE="font-weight: bold; font-family: Arial\, sans-serif; border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">201,107</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">84,737</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">26,545</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">230,678</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">543,067</FONT></TD>
    <TD STYLE="border-bottom: black 1pt solid"><FONT STYLE="font-size: 8pt">&nbsp;</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">212,163</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">82,100</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">33,117</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">217,000</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 8pt; font-style: normal; font-weight: 700">544,380</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>


<!-- Field: Page; Sequence: 154 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->114<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Emerging Risks</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Defined as those with a potentially material impact on the
business in the medium and long term, but for which there are not enough elements yet for their complete assessment and mitigation due
to the number of factors and impacts not yet totally known, such as geopolitical and macroeconomic risk and climate change. Their causes
can be originated by external events and result in the emergence of new risks or in the intensification of risks already monitored byITA&Uacute;
UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The identification and monitoring of Emerging Risks are ensured
by ITA&Uacute; UNIBANCO HOLDING&#8217;s governance, allowing these risks to be incorporated into risk management processes too.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>V - Social, Environmental and Climate
Risks</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Social, environmental and climate risks&nbsp;are the possibility
of losses due to exposure to social,&nbsp;environmental and/or climatic events related to the activities developed by&nbsp;ITA&Uacute;
UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Social, environmental and climatic factors are considered
relevant to the business of ITA&Uacute; UNIBANCO HOLDING,&nbsp;since they may affect the creation of shared value in the short, medium
and long term.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Policy of Social, Environmental and Climatic Risks (Risks
SAC&nbsp;Policy) establishes the guidelines and underlying principles for social, environmental and climatic risk management, addressing
the most significant risks for the institution&#8217;s operation&nbsp;through specific procedures.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Actions to mitigate the&nbsp;Social, Environmental and Climatic
Risks are taken based on the mapping of processes, risks and controls, monitoring of new standards related to the theme and recording
of occurrence in internal systems. In addition to the identification, the phases of prioritization, response to risk, mitigation, monitoring
and reporting of assessed risks supplement the management of these risks at ITA&Uacute; UNIBANCO HOLDING.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In the management of Social, Environmental and Climatic Risks,
business areas manage the risk in its daily activities, following the&nbsp;Risks SAC&nbsp;Policy guidelines and specific processes, with
the support of specialized assessment from dedicated technical teams located in Credit, which serves the Wholesale segment, Credit Risk
and Modeling, and Institutional Legal teams, that act on an integrated way in the management of all dimensions of the&nbsp;Social, Environmental
and Climatic Risks related to the conglomerate&#8217;s activities. As an example of specific guidelines for the management of these risks,
ITA&Uacute; UNIBANCO HOLDING has specific governance for granting and renewing credit in senior approval levels for clients in certain
economic sectors, classified as Sensitive Sectors (Mining, Steel &amp; Metallurgy, Oil &amp; Gas, Textiles Industry and Retail Clothing,
Paper &amp; Pulp, Chemicals &amp; Petrochemicals, Agri - Meatpacking, Agri - Crop Protection and Fertilizers, Wood, Energy, Rural Producers
and Real Estate), for which there is an individualized analysis of Social, Environmental and Climate Risks. The institution&nbsp;also
counts with specific procedures for the Institution&#8217;s operation (stockholders&#8217; equity, branch infrastructure, technology and
suppliers), credit, investments and key controls. SAC Risks area,&nbsp;Internal Controls and Compliance areas, in turn, support and ensure
the governance of the activities of the business and credit areas that serves the business. The&nbsp;Internal Audit acts on an independent
manner, assessing risk management, controls and governance.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Governance also counts on the&nbsp;Social, Environmental
and Climatic Risks Committee, whose main responsibility is to assess and deliberate about institutional and strategic matters, as well
as to resolve on products, operations, and services, among others involving the Social, Environmental and Climatic Risks.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Climate Risk includes: (i) physical risks, arising from changes
in weather patterns, such as increased rainfall, and temperature and extreme weather events, and (ii) transition risks, resulting from
changes in the economy, as a result of climate actions, such as carbon pricing, climate regulation, market risks and reputational risks.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Considering its relevance, climate risk has become one of
the main priorities for&nbsp;ITA&Uacute; UNIBANCO HOLDING, which supports the Task Force on Climate-related Financial Disclosures (TCFD)
and it is committed to maintaining a process of evolution and continuous improvement within the pillars recommended by the TCFD. With
this purpose,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;is strengthening the governance and strategy related to Climate Risk and developing
tools and methodologies to assess and manage these risks.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;measures the sensitivity
of the credit portfolio to climate risks by applying the Climate Risk Sensitivity Assessment Tool, developed by Febraban. The tool combines
relevance and proportionality criteria to identify the sectors and clients within the portfolio that are more sensitive to climate risks,
considering physical and transition risks.&nbsp;The sectors with the highest probability of suffering financial impacts from climate change,</P>


<!-- Field: Page; Sequence: 155 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->115<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">following the&nbsp;TCFD guidelines, are: energy, transport,
materials and construction, agriculture, food and forestry products.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>c) Capital Management Governance</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;is subject to the regulations
of BACEN, which determines minimum capital requirements, procedures to obtain information to assess the global systemic importance of
banks, fixed asset limits, loan limits and accounting practices, and requires banks to conform to the regulations based on the Basel Accord
for capital adequacy. Additionally, CNSP and SUSEP issue regulations on capital requirements that affect our insurance operations and
private pension and premium bonds plans.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The capital statements were prepared in accordance with BACEN&#8217;s
regulatory requirements and with internationally accepted minimum requirements according to the Bank for International Settlements (BIS).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Composition and Capital Adequacy</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Board of Directors is the body responsible for approving
the institutional capital management policy and guidelines for the capitalization level of&nbsp;ITA&Uacute; UNIBANCO HOLDING. The Board
is also responsible for the full approval of the ICAAP (Internal Capital Adequacy Assessment Process) report, the purpose of which is
to assess the capital adequacy of&nbsp;ITA&Uacute; UNIBANCO HOLDING.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The result of the last ICAAP, which comprises stress tests
&#8211; which was dated December 2022 &#8211; indicated that ITA&Uacute; UNIBANCO HOLDING&nbsp;has, in addition to capital to cover all
material risks, a significant capital surplus, thus assuring the solidity of the institution&#8217;s equity position.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In order to ensure that&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;is
sound and has the capital needed to support business growth, the institution maintains PR levels above the minimum level required to face
risks, as demonstrated by the Common Equity, Tier I Capital and Basel ratios.&nbsp;</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 1pt solid; width: 80%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 10%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center; width: 10%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: left">Available capital (amounts)</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Common Equity Tier 1</TD>
    <TD STYLE="text-align: right">155,372</TD>
    <TD STYLE="text-align: right">147,781</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Tier 1</TD>
    <TD STYLE="text-align: right">173,670</TD>
    <TD STYLE="text-align: right">166,868</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Total capital (PR)</TD>
    <TD STYLE="text-align: right">192,828</TD>
    <TD STYLE="text-align: right">185,415</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Risk-weighted assets (amounts)</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">Total risk-weighted assets (RWA)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,274,840</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">1,238,582</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Risk-based capital ratios as a percentage of RWA</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">Common Equity Tier 1 ratio (%)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">12.2%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">11.9%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Tier 1 ratio (%)</TD>
    <TD STYLE="text-align: right">13.6%</TD>
    <TD STYLE="text-align: right">13.5%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Total capital ratio (%)</TD>
    <TD STYLE="text-align: right">15.1%</TD>
    <TD STYLE="text-align: right">15.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left">Additional CET1 buffer requirements as a percentage of RWA</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD>
    <TD STYLE="font-weight: bold">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; text-align: left">Capital conservation buffer requirement (%)</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">2.50%</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: right">2.50%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Countercyclical buffer requirement (%)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="text-align: left">Bank G-SIB and/or D-SIB additional requirements (%)</TD>
    <TD STYLE="text-align: right">1.0%</TD>
    <TD STYLE="text-align: right">1.0%</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">Total of bank CET1 specific buffer requirements (%)</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3.50%</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">3.50%</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">At&nbsp;06/30/2023&nbsp;the amount of perpetual subordinated
debt that makes up Tier I capital is&nbsp;R$ 17,470&nbsp;(R$ 18,336&nbsp;at&nbsp;12/31/2022) and the amount of perpetual subordinated
debt that makes up Tier capital II is&nbsp;R$ 18,818&nbsp;(R$ 18,431&nbsp;at&nbsp;12/31/2022).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Basel Ratio reached 15.1%&nbsp;at&nbsp;06/30/2023, an
increase of&nbsp;0.1&nbsp;p.p. compared to&nbsp;12/31/2022,&nbsp;due to teh result for the period and prudential and equity adjustments,
partially offset by the increase of Risk-Weighted Assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Additionally,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;has
a surplus over the required minimum Referential Equity of&nbsp;R$ 90,841 (R$ 86,328 at 12/31/2022), well above the ACP of R$ 44,619&nbsp;(R$
43,350&nbsp;at 12/31/2022), generously covered by available capital.</P>


<!-- Field: Page; Sequence: 156 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->116<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The fixed assets ratio shows the commitment percentage of
adjusted Referential Equity with adjusted permanent assets. ITA&Uacute; UNIBANCO HOLDING falls within the maximum limit of 50% of adjusted
PR, established by BACEN. At 06/30/2023, fixed assets ratio reached&nbsp;20.0%&nbsp;(19.9%&nbsp;at&nbsp;12/31/2022), showing a surplus
of&nbsp;R$ 57,779&nbsp;(R$ 55,748&nbsp;at&nbsp;12/31/2022).</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Risk-Weighted Assets (RWA)</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For calculating minimum capital requirements, RWA must be
obtained by taking the sum of the following risk exposures:</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: center">RWA = RWA<SUB>CPAD</SUB> + RWA<SUB>MINT</SUB>+ RWA<SUB>OPAD</SUB></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>RWA<SUB>CPAD</SUB>&nbsp;=
portion related to exposures to credit risk, calculated using the standardized approach.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>RWA<SUB>MINT</SUB>
=&nbsp;portion related to capital required for market risk, composed of the maximum between the internal model and 80% of the standardized
model, regulated by BACEN Circular No.&nbsp;3,646 and No. 3,674.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><FONT STYLE="font-size: 15pt">&nbsp;&nbsp;&nbsp;&nbsp;&#8226;&nbsp;&nbsp;&nbsp;</FONT>RWA<SUB>OPAD</SUB>=
portion related to capital required for operational risk, calculated based on the standardized approach.</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD STYLE="border-top: black 0.5pt solid; border-bottom: black 0.5pt solid">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">RWA</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: left; width: 76%">&nbsp;</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 12%">06/30/2023</TD>
    <TD STYLE="font-weight: bold; text-align: center; width: 12%">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: justify">Credit&nbsp;&nbsp;Risk - standardized approach</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,146,946</FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,118,752</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Credit risk (excluding counterparty credit risk)</TD>
    <TD STYLE="text-align: right; background-color: white">1,040,381</TD>
    <TD STYLE="text-align: right">1,016,137</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Counterparty credit risk (CCR)</TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">42,783</FONT></TD>
    <TD STYLE="text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">40,222</FONT></TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Of which: standardized approach for counterparty credit risk (SA-CCR)</TD>
    <TD STYLE="text-align: right; background-color: white">30,115</TD>
    <TD STYLE="text-align: right">25,361</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 24px; text-align: left">Of which: other CCR</TD>
    <TD STYLE="text-align: right; background-color: white">12,668</TD>
    <TD STYLE="text-align: right">14,861</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify">Credit valuation adjustment (CVA)</TD>
    <TD STYLE="text-align: right; background-color: white">6,419</TD>
    <TD STYLE="text-align: right">7,695</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Equity investments in funds - look-through approach</TD>
    <TD STYLE="text-align: right; background-color: white">6,805</TD>
    <TD STYLE="text-align: right">8,002</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Equity investments in funds - mandate-based approach</TD>
    <TD STYLE="text-align: right; background-color: white">-</TD>
    <TD STYLE="text-align: right">104</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Equity investments in funds - fall-back approach</TD>
    <TD STYLE="text-align: right; background-color: white">1,597</TD>
    <TD STYLE="text-align: right">1,461</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Securitisation exposures - standardized approach</TD>
    <TD STYLE="text-align: right; background-color: white">3,711</TD>
    <TD STYLE="text-align: right">4,408</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: left">Amounts below the thresholds for deduction</TD>
    <TD STYLE="text-align: right; background-color: white">45,250</TD>
    <TD STYLE="text-align: right">40,723</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; text-align: justify">Market Risk</TD>
    <TD STYLE="font-weight: bold; text-align: right; background-color: white">26,592</TD>
    <TD STYLE="font-weight: bold; text-align: right">23,240</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Of which: standardized approach (RWA<SUB>MPAD</SUB>)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white">33,240</TD>
    <TD STYLE="text-align: right">29,050</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="padding-left: 12px; text-align: justify"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 400">Of which: internal models approach (RWA<SUB>MINT</SUB>)</FONT></TD>
    <TD STYLE="text-align: right; background-color: white">21,818</TD>
    <TD STYLE="text-align: right">23,097</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: justify">Operational Risk</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right; background-color: white">101,302</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: right">96,590</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-bottom: black 0.5pt solid; text-align: justify">Total</TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right; background-color: white"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,274,840</FONT></TD>
    <TD STYLE="font-weight: bold; border-bottom: black 1pt solid; text-align: right"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">1,238,582</FONT></TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Recovery Plan</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In response to the latest international crises, the Central
Bank published Resolution No. 4,502, which requires the development of a Recovery Plan by financial institutions within Segment 1, with
total exposure to GDP of more than 10%. This plan aims to reestablish adequate levels of capital and liquidity above regulatory operating
limits in the face of severe systemic or idiosyncratic stress shocks. In this way, each institution could preserve its financial viability
while also minimizing the impact on the National Financial System.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Stress testing</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The stress test is a process of simulating extreme economic
and market conditions on ITA&Uacute; UNIBANCO HOLDING&#8217;s results, liquidity and capital. The institution has been carrying out this
test in order to assess its solvency in plausible scenarios of crisis, as well as to identify areas that are more susceptible to the impact
of stress that may be the subject of risk mitigation.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For the purposes of the test, the economic research area
estimates macroeconomic variables for each stress scenario. The elaboration of stress scenarios considers the qualitative analysis of
the Brazilian and the global conjuncture, historical and hypothetical elements, short and long term risks, among other aspects, as defined
in CMN Resolution 4,557.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In this process, the main potential risks to the economy
are assessed based on the judgment of the bank's team of economists, endorsed by the Chief Economist of&nbsp;ITA&Uacute; UNIBANCO HOLDING
and approved by the Board of Directors. Projections for the macroeconomic variables (such as GDP, basic interest rate, exchange rates
and</P>


<!-- Field: Page; Sequence: 157 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->117<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">inflation) and for variables in the credit market (such as
raisings, lending, rates of default, margins and charges) used are based on exogenous shocks or through use of models validated by an
independent area.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Then, the stress scenarios adopted are used to influence
the budgeted result and balance sheet. In addition to the scenario analysis methodology, sensitivity analysis and the Reverse Stress Test
are also used.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;uses the simulations to
manage its portfolio risks, considering Brazil (segregated into wholesale and retail) and External Units, from which the risk-weighted
assets and the capital and liquidity ratios are derived.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The stress test is also an integral part of the ICAAP, the
main purpose of which is to assess whether, even in severely adverse situations, the institution would have adequate levels of capital
and liquidity, without any impact on the development of its activities.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">This information enables potential offenders to the business
to be identified and provides support for the strategic decisions of the Board of Directors, the budgeting and risk management process,
as well as serving as an input for the institution&#8217;s risk appetite metrics.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>V - Leverage Ratio</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The Leverage Ratio is defined as the ratio between Tier I
Capital and Total Exposure, calculated according to BACEN Circular 3,748, which minimum requirement is of 3%. The ratio is intended to
be a simple measure of non-risk-sensitive leverage, and so it does not take into account risk weights or risk mitigation.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>d) Management risks of insurance contracts
and private pension</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>I - Management structure, roles and responsibilities</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;has specific committees,
whose assignment is to define and establish guidelines for the management of funds from insurance contracts and private pension, with
the objective of long-term profitability, and to establish assessment models, risk limits and resource allocation strategies in defined
financial assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II - Underwriting risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">In addition to the risks inherent in financial instruments
related to insurance&nbsp;contracts and private pension, operations carried out at&nbsp;ITA&Uacute; UNIBANCO HOLDING cause exposure to
underwriting risk.&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Underwriting risk is the risk of significant deviations in
the methodologies and/or assumptions used for pricing products that may adversely affect ITA&Uacute; UNIBANCO HOLDING, which may be consummated
in different ways, depending on the product offered:&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">(i) Insurance: results from the change in risk behavior
in relation to the increase in the frequency and/or severity of claims incurred, contrary to pricing estimates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt 7.5pt; text-align: justify">(ii) Private Pension: is observed in the increase in
life expectancy or deviation from the assumptions adopted in the estimates of future cash flows.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The measurement of exposure to underwriting risk is based
on the analysis of the actuarial assumptions adopted in the recognition of liabilities and pricing of products through i) monitoring the
evolution of equity required to mitigate the risk of insolvency or liquidity; ii) follow-up of portfolios, products, and coverage, from
the perspective of results, adherence to expected rates and expected behavior of loss ratio.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Exposure to underwriting risk is managed and monitored in
accordance with risk appetite levels approved by Management and is controlled using indicators that allow the creation of stress scenarios
and simulations of the portfolio.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>II.I Risk Concentrations</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">For&nbsp;ITA&Uacute; UNIBANCO HOLDING there is no concentration
of products in relation to insurance premiums, thus reducing the risk of concentration in products and distribution channels. ITA&Uacute;
UNIBANCO HOLDING's insurance and private pension operations are mainly related to death and survivorship coverage.</P>


<!-- Field: Page; Sequence: 158 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->118<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR>
    <TD STYLE="padding-bottom: 12pt; color: #EC7000; font-weight: bold; vertical-align: top; text-align: justify; background-color: white; width: 41%">II.II - Sensitivity analysis</TD>
    <TD STYLE="vertical-align: middle; width: 1%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; width: 15%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; width: 15%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; width: 15%">&nbsp;</TD>
    <TD STYLE="vertical-align: middle; width: 13%">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: top; background-color: white">
    <TD COLSPAN="6" STYLE="padding-bottom: 12pt; text-align: justify">The sensitivity analysis considers a vision impacts caused by changes in assumptions, which could affect the income and stockholders&rsquo; equity at the report date. This type of analysis is usually conducted under the ceteris paribus condition, in which the sensitivity of a system is measured when one variable of interest is changed and all the others remain unchanged. The results obtained are shown in the table below:</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD ROWSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">Assumptions</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="4" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Impact in Income</TD>
    <TD COLSPAN="2" STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Impact in Stockholders&rsquo; Equity</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Insurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Private pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Insurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Private pension</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Discount rate</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="text-align: center">0.5% increase</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">(26)</TD>
    <TD STYLE="text-align: right">46</TD>
    <TD STYLE="text-align: right">640</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="text-align: center">0.5% decrease</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">21</TD>
    <TD STYLE="text-align: right">(50)</TD>
    <TD STYLE="text-align: right">(707)</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Biometric tables</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="text-align: center">5% increase</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(3)</TD>
    <TD STYLE="text-align: right">48</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="text-align: center">5% decrease</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">3</TD>
    <TD STYLE="text-align: right">(51)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; text-align: center">Claims</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid; text-align: center">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD>
    <TD STYLE="border-top: black 0.5pt solid">&nbsp;</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="text-align: center">5% increase</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(31)</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD>
    <TD STYLE="text-align: right">-</TD></TR>
  <TR STYLE="vertical-align: middle; background-color: white">
    <TD STYLE="border-bottom: Black 1pt solid; text-align: center">5% decrease</TD>
    <TD STYLE="border-bottom: Black 1pt solid">&nbsp;</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">31</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD>
    <TD STYLE="border-bottom: Black 1pt solid; text-align: right">-</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>III - Liquidity risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Liquidity risk management for insurance and private pension
operations is performed on an ongoing basis, based on monitoring the flow of payments related to its liabilities, the flow of receipts
generated by operations and the portfolio of financial assets.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Financial assets are managed with the purpose of optimizing
the relationship between risk and return on investments, considering the characteristics of their liabilities. Accordingly, investments
are concentrated in government and private securities with good credit quality in active and liquid markets, keeping a considerable amount
invested in short-term assets, with immediate liquidity, to meet regular and contingent liquidity needs. In addition,&nbsp;ITA&Uacute;
UNIBANCO HOLDING constantly monitors the solvency conditions of its operations.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Below is a maturity analysis of estimated undiscounted future
cash flows from insurance contracts and private pension, considering assumptions of inflows, outflows and discount rates (Note&nbsp;27c):</P>


<TABLE BORDER="0" CELLPADDING="0" CELLSPACING="0" STYLE="font: 10pt Arial, Helvetica, Sans-Serif; width: 100%; border-collapse: collapse">
  <TR STYLE="vertical-align: middle">
    <TD ROWSPAN="2" STYLE="font-weight: bold; border-top: black 1pt solid; border-bottom: black 0.5pt solid; text-align: center">Period</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">06/30/2023</TD>
    <TD STYLE="border-top: black 1pt solid">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="font-weight: bold; border-top: black 1pt solid; text-align: center">12/31/2022</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Insurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Private pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Insurance</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Private pension</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 0.5pt solid; text-align: center">Total</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="width: 21%">1 year</TD>
    <TD STYLE="text-align: right; width: 13%">(678)</TD>
    <TD STYLE="text-align: right; width: 13%">15,709</TD>
    <TD STYLE="text-align: right; width: 13%">15,031</TD>
    <TD STYLE="width: 1%">&nbsp;</TD>
    <TD STYLE="text-align: right; width: 13%">(660)</TD>
    <TD STYLE="text-align: right; width: 13%">16,603</TD>
    <TD STYLE="text-align: right; width: 13%">15,943</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>2 years</TD>
    <TD STYLE="text-align: right">(278)</TD>
    <TD STYLE="text-align: right">19,329</TD>
    <TD STYLE="text-align: right">19,051</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(232)</TD>
    <TD STYLE="text-align: right">18,773</TD>
    <TD STYLE="text-align: right">18,541</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>3 years</TD>
    <TD STYLE="text-align: right">(229)</TD>
    <TD STYLE="text-align: right">18,084</TD>
    <TD STYLE="text-align: right">17,855</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(186)</TD>
    <TD STYLE="text-align: right">17,835</TD>
    <TD STYLE="text-align: right">17,649</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>4 years</TD>
    <TD STYLE="text-align: right">(145)</TD>
    <TD STYLE="text-align: right">17,119</TD>
    <TD STYLE="text-align: right">16,974</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(120)</TD>
    <TD STYLE="text-align: right">17,113</TD>
    <TD STYLE="text-align: right">16,993</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>5 years</TD>
    <TD STYLE="text-align: right">(56)</TD>
    <TD STYLE="text-align: right">16,346</TD>
    <TD STYLE="text-align: right">16,290</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">(50)</TD>
    <TD STYLE="text-align: right">16,498</TD>
    <TD STYLE="text-align: right">16,448</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD>Over 5 years</TD>
    <TD STYLE="text-align: right">1,870</TD>
    <TD STYLE="text-align: right">367,572</TD>
    <TD STYLE="text-align: right">369,442</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="text-align: right">1,891</TD>
    <TD STYLE="text-align: right">378,341</TD>
    <TD STYLE="text-align: right">380,232</TD></TR>
  <TR STYLE="vertical-align: middle">
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid"><FONT STYLE="font-family: Arial; font-size: 10pt; font-style: normal; font-weight: 700">Total <SUP>(1)</SUP></FONT></TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">484</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">454,159</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">454,643</TD>
    <TD STYLE="border-bottom: black 1pt solid">&nbsp;</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">643</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">465,163</TD>
    <TD STYLE="font-weight: bold; border-top: black 0.5pt solid; border-bottom: black 1pt solid; text-align: right">465,806</TD></TR>
  <TR STYLE="vertical-align: top">
    <TD COLSPAN="8" STYLE="font-size: 9pt; text-align: justify">1) Refers to (inflows) and outflows of cash flows related to insurance contracts and private pension.</TD></TR>
  </TABLE>
<P STYLE="font: 9pt Sans-Serif; margin: 0 0 8pt; color: Red"><B></B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;holds&nbsp;R$ 240,565 (R$
224,140&nbsp;at&nbsp;12/31/2022) referring to amounts that are payable or demand, which represent contributions made by insured parties
that can be redeemed at any time. All these amounts refer to contracts issued that are liabilities, and no group of contracts was in asset
position in the period.&nbsp;</P>


<!-- Field: Page; Sequence: 159 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->119<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>IV - Credit risk</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The credit risk arising from insurance contract premiums
is not material, as cases with unpaid coverage are canceled after 90 days.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Reinsurance operations are controlled through an internal
policy, observing the regulator's guidelines regarding the reinsurers with which&nbsp;ITA&Uacute; UNIBANCO HOLDING operates.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Taking out reinsurance is subject to an assessment of the
reinsurer's credit risk and the operational limits for its consummation, and monitoring is carried out during the effectiveness to identify
signs of deterioration that lead to changes in the analyzes conducted.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 33 - Supplementary information</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>a) Acquisition of Avenue Holding Cayman
Ltd</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On July 08, 2022,&nbsp;ITA&Uacute; UNIBANCO HOLDING&nbsp;entered
into a share purchase agreement with Avenue Controle Cayman Ltd and other selling stockholders for the acquisition of control of Avenue
Holding Cayman Ltd (AVENUE). The purchase will be carried out in three phases over five years. In the first phase,&nbsp;ITA&Uacute; UNIBANCO
HOLDING&nbsp;will acquire 35% of AVENUE&#8217;s capital for approximately R$ 493. In the second phase, after two years,&nbsp;ITA&Uacute;
UNIBANCO HOLDING will acquire additional ownership interest of 15.1%, then holding control with 50.1% of AVENUE&#8217;s capital. After
five years of the first phase, ITA&Uacute; UNIBANCO HOLDING may exercise a call option for the remaining ownership interest.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">AVENUE holds a U.S. digital securities broker aimed to democratize
the access of Brazilian investors to the international market.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The management and development of AVENUE's business will
continue to be autonomous in relation to ITA&Uacute; UNIBANCO HOLDING, which will become one of the institutions that will make AVENUE's
services available to its clients abroad.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effective acquisitions and financial settlements will
occur after the required regulatory approvals are received.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #EC7000"><B>b) &#8220;Coronavirus&#8221; COVID-19
effects</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">ITA&Uacute; UNIBANCO HOLDING&nbsp;incorporated into its processes
the monitoring of the economic effects of the COVID-19 pandemic in Brazil and the other countries where it operates, which may adversely
affect its Profit or Loss.&nbsp;Even after the end of the state of public health emergency in Brazil announced in May 2022,&nbsp;ITA&Uacute;
UNIBANCO HOLDING will continue to monitor the impacts of the COVID-19 pandemic and following health and health surveillance recommendations
so as to ensure safety of its employees and clients.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify; color: #003399"><B>Note 34 - Subsequent Event</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"><B>Organization of Joint Venture - Totvs Techfin S.A.</B></P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">On April 12, 2022, ITA&Uacute; UNIBANCO HOLDING with TOTVS
S.A. (TOTVS) entered into an agreement for the organization of a joint venture,&nbsp;called Totvs Techfin S.A. (TECHFIN), which will combine
technology and financial solutions, adding the supplementary expertise of the partners to provide corporate clients with, in an expeditious
and integrated manner, the best experiences in buying products directly from the platforms already offered by TOTVS.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">TOTVS contributed with assets of its current TECHFIN operation
to a company of which ITA&Uacute; UNIBANCO HOLDING became a partner with a 50% ownership interest in capital, and each partner may appoint
half of the members of the Board of Directors and the Executive Board.&nbsp;For the ownership interest, ITA&Uacute; UNIBANCO HOLDING paid
TOTVS the amount of R$ 610 and, as a complementary price (earn-out), it will pay up to R$ 450 after five years upon achievement of goals
aligned with the growth and performance purposes.&nbsp;Additionally, ITA&Uacute; UNIBANCO HOLDING will contribute the funding commitment
for current and future operations, credit expertise and development of new products at TECHFIN.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effective acquisition and financial settlement occurred
on July 31, 2023 after the required regulatory approvals.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt"><B>Public offering for the acquisition of Banco Ita&uacute; Chile</B></P>


<!-- Field: Page; Sequence: 160 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->120<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: left; width: 100%">&nbsp;</TD></TR><TR><TD STYLE="text-align: center">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Between June 6 and July 5, 2023, ITA&Uacute; UNIBANCO HOLDING
carried out a voluntary public offering for the acquisition of outstanding shares issued by Banco Ita&uacute; Chile (ITA&Uacute; CHILE),
including those in the form of American Depositary Shares (ADS), in Chile and the United States of America.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">Shareholders holding shares representing approximately 1.07%
of ITA&Uacute; CHILE&#8217;s capital adhered to the voluntary public offering, where 2,122,994 shares and 554,650 ADS (equivalent to 184,883
shares) were acquired through the controlled company ITB Holding Brasil Participa&ccedil;&otilde;es Ltda., and, after the acquisitions,
ITA&Uacute; UNIBANCO HOLDING now holds 66.69% of the ITA&Uacute; CHILE&#8217;s capital.</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">The effective acquisitions&nbsp;occurred on July 08, 2023
and the financial settlements on July 13, 2023 for the amount of&nbsp;R$ 119 (CLP 19,617 millions).&nbsp;</P>

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 161; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: right; width: 100%">F-<!-- Field: Sequence; Type: Arabic; Name: PageNo -->121<!-- Field: /Sequence --></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Arial,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>


</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>itubmtn2q236k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" $P 0 # 2(  A$! Q$!_\0
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MUEK"WMR(1"R<$Y+9K3KF-#_Y"8_W&KIZTB[HY:T5&5D%%%%48A1110 4444
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M **** ,O6X_,MHAD##_T-8GV4_WA^5;^K?ZB/_>_I636<J<9.['=]RM]E/\
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MO=.+D13JQ3Y.>.H(SP?T]2*E_M>S'_+1_P#O@U17^Q$D+B([B"N<-PIZ@<\
M^E:.4.C1"C/K<T;#5(=21WMVEVIMY=2N0RA@1ZC!JWN;^\WYUF0W^FV^?)'E
MY !VQD=!@?D!BI?[6L_[[?\ ?!IJ5/NA<L_,Z?PNQ.M+DD_NV[_2NWKS[PA?
MV]QKZQQ,Q;RG/*D>E>@UQUVG+0Z:2:CJ%%%%8FH4444 %%%% !1110 5Y/\
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ME9U '4?#_P#Y&I/^N#_TKUBO)_A__P C4G_7!_Z5ZQ0 4444 %%%% !1110
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M/4J***]X\,**** "BBB@ HHHH Y'X@?\@JU_Z[_^RFO/J]!^('_(*M?^N_\
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M<W_LM?3%?,_P1_Y*1%_UYS?^RU],5R5OB.FE\(4445B:!1110 4444 %%%%
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M_P#)2(O^O.;_ -EKZ8KYG^"/_)2(O^O.;_V6OIBN2M\1TTOA"BBBL30****
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1,;M;^^?R%* 0.3FEHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>itubmtn2q236k_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" #! '8# 2(  A$! Q$!_\0
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MV^M$-U#<1"6.0%2,\C!'U!Y% $U%1F:-712PR^2N.^.O-.$L9!(=2 ,GGM0
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M1110 4444 %%%% !1110 4444 %%%% !1110 4444 9U]%?/=1M;,PB &[#
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M((RQ';Z59OO$<MEJ5ROD%[6)"BL1M5I0 V-YXZ9XQU%="0#U H*@C! (]"*
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@@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH __]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>itubmtn2q236k_003.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_003.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "\ <\# 2(  A$! Q$!_\0
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MZO+I/$LD:SS)&+B! Q?]TH*Y92/5N@/J1S73O'&Y!=%8CID9I2JG.5!SUXH
MY*?Q#=W"SBWGCB1&AD68QC(0R[&##<<>O.#UX%..MSVGVH1>0H1[B4&0LWG,
MK !%YX)SV]L"NJ\M.?D7GKQUHV)Q\J\'(XZ&@ 1B\:L5*D@$J>U.HHH ****
M "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M**** "BBB@ HHHH **** "BBB@ HHHH **** "BH+J\@LHU>XDV*SA%X)R2>
M.E1SZG:6T[0R2XD5-[ *3@>^* +=%107,5RA>%MR=-V.*EH **** "BBB@ H
MHHH ***K7\EQ%92M:1&2?&$7CKZ\D=.N/:@"S17-W&J:D++3C%%*)V"_: 8#
MU(''IW/'ZC%7["[O6O6@ND8KABCJF%//4_R% &K1110 4444 %%%% !1110
M44C$A25&3C@9ZUSPN]972[D303+>&;]V50,%3*YQ@'@9.#@G@\'% '145@VL
M^KJ]LTZ2NCA/,'E@%6(Y'T[G\!Q6]0 4444 %%%% !1110 4444 58]0MI;B
MXA5SNM_]:2I 7C/6H$US3Y,;9CD]BC ],C@CN",>M.DTF"2[EN6>4O(NPX(
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MM)_;%\?NZ)=?\"=1_6MBB@#(_M+56^[HC#_>N%%(;S7#]W2H%_WK@?T%;%%
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MPS_T!K7_ +Y-._X0SPWG_D#6G_?%.U'N_N7^8?O.R_$T3JVF@9.H6G_?Y?\
M&FG6M* R=3LP/^NZ_P"-4AX0\.@Y_L:S_P"_0IX\)^'P<_V-9?\ ?D4OW/=_
M@'[SR_$L'7=' R=5L?\ P(3_ !IK>(M%49.K6/\ W_7_ !J,>%]!4Y&CV.?^
MN"_X4\>'-$4Y&D6(_P"V"_X4?N?/\ _>>7XC6\3:$O76+'_O^O\ C54^-/#H
MNS;G5(-P7=OS\GTW=,U>70-'7II5D/\ MW7_  JLOA+0DU(WXTZ'SBN-N/D^
MNSIG\*I>PZW_  $_:=+?B-/C+PVO76;3\'S49\<>&1_S&+?\,G^E:HTO3UZ6
M-L/I"O\ A4@LK5?NVT(^D8I7H]G]Z_R':IW7XF(?'?AH=-40_P"[&Y_I3#X]
M\.]KV1O]VWD/_LM="((5Z1(/HHIX4#H *5Z79_?_ , +3[K[O^"<T?'NA_PM
M=O\ [MI(?Z4G_">:4?NVVI-]+)_\*Z>BGS4OY7]__ "T^_X?\$YC_A-[(_=T
MS6&^EDU+_P )G&?N:%KC?]N>/ZUTU%+GI_R_B_\ (.6??\#F?^$NG/W/#6MM
M_P!L /ZTG_"5:@?N>%=6/^\JC^M=/11ST_Y/Q8<LOYOP1PVI>,/$,-W:);>&
M;B-)'PRS#<S^P*\+]36E_P ))K?_ $*-[_X$1_XUT]%4ZL+)<B^]B4)?S?D<
MQ_PDFM_]"C>_^!$?^- \1:Z>GA*[_&YC%=/14^TA_(OO?^8^67\WY',_\)#K
MW_0I7/\ X%1T?\)#KW_0I7/_ (%1UTU%'M(?R+\?\PY)?S?D<S_;_B ]/"<V
M/>[CH_M[Q#_T*<O_ (&1UTU%'M(?R+\?\PY)?S?D<S_;WB'_ *%.7_P,CH_M
MOQ*>GA4X][U*Z:BCVD?Y%^/^8<C_ )G^!S/]M^)?^A5/_@<E4=7U_P 6Q:>S
MVWAPP2 C]YYJSD#_ '%Y-=I15*K%._(OQ_S$X-KXG^!RMOJ_BZ2VC9O#<.\J
M,EKQ5R?7;U'TIYU'Q@?NZ#8K_O7O^ KIZ*7M8_R+\?\ ,?(_YG_7R.8%YXT;
M_F%:4OUN6/\ 2E\[QJW2TT5?K+(:Z:BE[5?RK[O^"')YO^OD<S_Q6K=]#3_O
MZ:#!XU/_ "^Z*OTBD/\ 6NFHH]M_=7W?\$/9^;^\YC[%XS/75M+7Z6K'^M']
MF^,#U\062_[MEG^9KIZ*?MGV7W(/9KN_O.9_LCQ4WWO$T0_W;%?\:/["\1-]
M[Q9(/]VRC%=-12]O+LON7^0>S7G][.5G\,:W<021OXLNR'4@@0(H/Y<U<\)Z
M%<>'M(-I<W?VEVD+Y&=J XX&>>V?QK>HHE7G*/*]O1 J<4[A1116)H%%%% !
M1110 4444 %%%% !115&XOQ;ZE% \D:Q/$[MD?,,8_3K^53*2BKLJ,7)V1>H
MK%&IWGFW"JL<GER@ (.JG.!G^]QSZ5IV<_VFUCE[L.>,<U,*L9.R+G2E!79/
M1116AD%%%% !1110 4444 %%0W%REL(RX8AW6,%1G!)P,U#<:E!;7'D/O9]A
M<[5S@#^M2YQ6[+4)2V1<HJ&VN8[J/S(LE<XR1UJ:FFFKHEIIV84444Q!1110
M 4444 %%%1SRK! \K!BJ*6(49/%#=M1I7T1)15674((8K>1MV)RH0 9/..3[
M<BEM;^&[8K%NROW@1C%1SQO:Y7LY6O;0LT4459 4444 %%%% !1110 4456%
M_;FUDN=S".,L&RI!R#@C'7K2;2W&HM[%FBJD6HVTTBQHS%V (&T]",_RJW0I
M*6PY1<=T%%%%,D**** "BBB@ HHHH **KK=C[3<1.A00HKER1@@Y_P #5&/7
MH98A*L+^669 VX8R.GTSU]JS=6"W9JJ4WLC6HI%8,H8$$$9!!I:T,@HHHH *
M*** "BBB@ HHHH **** ,:#Q5I$\\L7VH1&,XW2_*&^AJTNMZ4W34;7_ +^K
M1'HNF122R+8P;I3ER4!R?QZ4\Z1IK==/M3_VQ7_"N:*Q%M7'\3JD\,WHI?@*
M-5TYNE_:G_MLO^-/&H61Z7<!_P"V@_QJN="TENNG6O\ WZ%1GPYHS==-MO\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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M^>+?F/\ &J9UFT$:M^\).?E5"3P2#_Z"?RI'U3$I\N'S(?,CC#AL$LP!X'?
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MCZ_XG\Z:NEVBK&/*R8V9D))R"W7_  ^E7** (H+>*V4K$@4$Y/<D^YJ6BB@
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5HHH **** "BBB@ HHHH **** /_9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>itubmtn2q236k_004.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_004.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" #. <X# 2(  A$! Q$!_\0
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M=U?W<NT8VK*57\!UJU%X?TJ(@BRC9O63+']:TJ* (XX(81B*)$'^RH%2444
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M^@G9_P#?]?\ &C^V=*_Z"5G_ -_U_P :.278.9=R]15$ZUI0&3J=EC_KNO\
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M@18_]^%_PI1X<T1>FD6/_@.O^%:=%+VD^[^]AR1[&;_PC^C?] FQ_P# =?\
M"C_A']&_Z!-C_P" Z_X5I44>TGW?WL.6/8RM/\-Z3I6H3WUE:+#/,,,5)P!W
M '0?A6K112E*4G>3N-)+1!1114C"BBB@ HHHH **** "BBB@ J*2W@FDCDEA
MC=XSE&902I]CVJ6B@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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MO!:A22W !Y'7\JANO=:Q2^?_  "DL/9Z2;^7_!(CXFT4?\Q*#\&II\4:(/\
MF(P_K_A6B+6W'2"+_O@4X00CI%'_ -\BKM6[K[G_ )DWH=G]Z_R,O_A*M$_Z
M""'Z*W^%)_PE6B]KT'Z1M_A6OY:#^!?RI=JC^$?E1:M_,ON?^8<U#^5_>O\
M(QO^$KT?_GY<_2%_\*/^$KTKM),?I _^%;5%'+6_F7W?\$.:C_*_O_X!B?\
M"5:;V%T?I;/_ (4?\)38=H;T_2U?_"MNBCDK?S+[O^"'/1_D?W_\ Q/^$GM#
MTM-0/_;JU+_PDL!Z:?J1^EJ:VJCDGCBEBB<D/*2$X/) SU^@I.-5;S_!?YC4
MJ3VA^+_R,C2O$D6JZG/9):S1&)=VZ3@]<8([&MNJ3W]G!<2(YV2C;N)0C(.<
M'..1P>?:K<;K)&KKG:PR,C%52;M:4KLBLE>\8V7WCJ***V,0HHHH **** "B
MBB@ HHHH 9-+'!"\LK;4098^@J">[LXFA,[H&;YHRPSCW]NHJ6XA%S;20LS*
MLBE25QG!^M5FTN)WC9Y96V #!(PP&" >/50:SGS_ &4:PY/M,LPW$5PNZ)PX
M]14M5K:QBM)'>,O\PY!/&?7'K5FJCS6][<B7+?W=@HHHJB0HHHH **** "BB
MB@#/.DH;3[,;JX\LL6/*\Y;<<\=,U,MA$EV+D%_,YS@X#<=Q5JBLU3BNAHZD
MWU"BBBM#,**** "BBB@ IKQI(,.BL/1AFG44 49M%TNX_P!;I]LWOY0S5"Y\
M(Z3/ Z10M;LPX:-SQ^!.#6[6,D6IB&Z5C+O?[K;U.""3E>> 1M'MS7-5ITNL
M+W\CJI5:O2=K>9%;>$-)AA2.6)YRHP3)(V#^ .!5V+0-(@.8].M@?4Q@_P Z
M@MH=4B:!I7:0?+YBE^G7OWP/S-;%*E2I6TA;Y!5K5;ZS;^;(H[:"+_5PQI_N
MJ!4M%%=*26QS-M[A1113$%%%% !1110!3:TE_M%KI)8U#1B/!CR>#GKFJBZ(
M?)PTR>=O9_,2/&2?49Z?_6_'7HK)TH/<U5::V$4$( S;B!R?6EHHK4R"BBB@
M HHHH **** "H+BU6XDA=GD4Q$LNQL<D8Y_ FIZ*32:LQIM.Z*2Z9 &E+/+(
M)=N\.^<XZ58MX$MH5BCSM'J<FI:*2A%:I%.<I:-A1115$!1110 4444 %%%%
M !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444
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FBBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** /_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>itubmtn2q236k_005.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_005.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "E 98# 2(  A$! Q$!_\0
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M^^^%WA"_W%])$3LY??!*Z$$]2,'%:1<;/F;):?0ZNVMH+.W2WMHDBA085$&
M*EKSW_A65UI_.@^,-:L .D<DGG)^1Q1]C^*&E<PZEH^LQCHL\1B<_B,#]:.1
M/:0N9K='H5%>>_\ "<^*M-R-:\"WI4?>EL)1,OY#_&I[7XN>%99/*O)KO3I>
MZ7ELR8/U&:/92Z(?.CNZ*RM/\2Z'JH!L=7LK@GHJ3*3^6<UJU#36Y5PHHHI
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ME1114C"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MH/C/PP!D^(--Q_U\I_C5;_A7OA#_ *%ZP_[]4#X>^$ <CP]8?]^A1^[\_P
M]XG_ .$W\+?]#!IO_@0O^-'_  F_A;_H8--_\"%_QJ+_ (0#PE_T+VG_ /?D
M4?\ " >$O^A>T_\ [\BC]WY_@'O#CXZ\**<'Q#IV?^OA:KW?B_P3?P>1>:SI
M,\60VR656&1T.#WJP/ GA11@>'M.Q_UP6E_X07PK_P!"]IO_ (#K_A1^[\_P
M#WC,N/%?@".XMIWOM+DF$BI%)&H=D.!CD#Y1@#GV%6H_%O@B&<31ZOI"2JI0
M.LB!@"<D9^O/UJPW@3PJVW_B06 VL&&V(#G\.M+_ ,(+X5_Z%[3?_ =?\*IN
MG;J%I>0G_">>$_\ H8=._P"_ZTX>./"Q&1X@TW'_ %\+_C2?\(+X5_Z%[3?_
M  '7_"F'P#X2)R?#VG_]^14_N_/\ ]XE_P"$W\+?]#!IO_@0O^-*/&OA=C@>
M(--_\"5_QJ'_ (0#PE_T+VG_ /?D4A^'_A%A@^'M/_[\BC]WY_@'O%C_ (3+
MPS_T,&F?^!2?XT?\)EX9_P"A@TS_ ,"D_P :K?\ "O?"'_0O6'_?JD_X5YX0
M_P"A>L/^_5'[OS_ />+H\6^&R,_V_IG_ (%I_C56ZUKP?>W5O<W&KZ3)/;$F
M%S=IE"<9QS["HO\ A7/@[_H7;'_OBC_A7'@[_H7;'_OBG[GG^ >\-L[SP7<:
MT;2RN=/EO[N)@4@DW>8G.1D<'JW'7DUT5O8VMI),]O!'$TS!I"BXW$#%8^G^
M"/#6E:E#J%AI$%O<PJ5C=,C;GKQG&>O-=!4S:^S<<4^H4445!04444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !111
M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
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M/?+_ ,\A_P!]4;Y?^>0_[ZJ2J%]J)LIU'E&2/86<C.5YX_K0!;WR_P#/(?\
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0B@ HHHH **** "BBB@#_V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>itubmtn2q236k_006.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_006.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !- &8# 2(  A$! Q$!_\0
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M9T,=-)M/^_0I?^$<T7_H%VO_ '[%:E%'LX=D+V]7^9_>_P#,SQH6E* !IUL
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MW/ 50C\#^0% '8?&?Q+K^F>.K6UTO5;VVC2UCDCBMY"H,A9AG ^\3@#!J_\
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MH(_L3R6L2P@CY%<]<DY->H_ [QEJ&IL_AB>&W%II]GYD,B*0Y^<#!YP?O>E
M'6^!?A;I7@J4WOFO?:FR[/M$BA1&IZA%[9]<DU#\3OA[>^.QI@M+Z"U^QF0M
MYR%MV[;C&/I7H-% '->!?"%OX+\-Q:;&RRW#$R7,X7'F2'O] , ?2O,].^ 4
M_P#;T=SJVJV\^G^<9)8(8V#.,DA<GH/6O<:* &111P0I#$BI&BA411@*!P !
MZ5PWQ ^&%AXW\N[2?[%JD2[%G"[ED7LKCOCL>HKO** /#-)^$/CS1O,@T_Q?
M#8VLARXMY)1GWVX S^->B^!O J>#8[V5]3N=1O;XHUQ//W*YQCJ>YZDUUU%
+!1110 4444 ?_]D!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>itubmtn2q236k_007.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_007.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" #D )(# 2(  A$! Q$!_\0
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M HHHH ***H:QJD6CZ;)=R\D<(O\ >;L*F4E"+E+9%0A*<E&*NV4O$7B2'0X
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M7">![(76OB9AE;="_P"/0?SS^%>BZA?V^EZ?/?71D%O N^0QQ-(P'<[5!)_
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MW.1]M"%' 4+O9;OJW_6QD>&O!FK^)WW6D0CM5.'N9>$'L.Y/T_'%>K:/\*M
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MH55"J!@ #  KT<'EC;4ZVW;_ #/*QV;Q2=.@[OO_ )?YB(BQHJ(H5%&%4#
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*%%% !1110!__V0$!

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>itubmtn2q236k_008.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_008.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !) /(# 2(  A$! Q$!_\0
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M@5H:=<_;=,M;O&//A23'ID _UH LT444 %%%% !1110 4444 %%%% !1110
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MP>\D\2X_#<: -:BLAKS7&($>D6ZCUDO.GY*:$?Q$UW;[X--CMMW[_$KN^/\
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M#68'B6V\B1)D_B+MMP1[?*/RH ?#X;_L^]EO],NG2[G %P;C]XLY'0MT(/\
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)** "BBB@#__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>itubmtn2q236k_009.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 itubmtn2q236k_009.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "# (X# 2(  A$! Q$!_\0
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M$95L>O4'W%4M5RGBG0)?X2;B(GW,88?^@5>P4U\'/$MKR/4JW_V5 %^BBB@
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MHYH7&5>-@P(]B*EH **** "BBB@ HHHH **** "BBB@ HHHH **** "D-%%
H&'+X1T'[8E\FFQ17*2+('A+1_,#G)"D _C6[110 4444 %%%% '_V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
