Annual General Shareholders Meeting

Santiago, March 18th, 2021

Gabriel Moura

Chief Executive Officer

2020

About the year

2020: Macroeconomic outlook

Forecast 1

Actual

Macroeconomic

Forecast 1

Actual

Interest Rate 3

1.2% 3.3% 1.25%

-6.0% 3.0% 0.50%

1 Itaú Corpbanca initial forecast for 2020 on 03/02/2020; 2 GDP 2020 projected; 3 End of period.

Interest Rate 3

3.1% 3.3% 4.25%

Source: Central Bank of Chile, Central Bank of Colombia, Chilean Commission for the Financial Market (CMF) and Colombian Superintendency of Finance (SF).

-6.8% 1.6% 1.75%

About 2020

Recurring

Net Income

Consolidated

Chile

Ch$(79.4) billion

Ch$(50.3) billion

Revenues impacted by the pandemic

Recurring

Return on Tangible Equity (RoTE)

Cost control

Consolidated

Chile

-4.1 %11.7 p.p. -3.7 %12.5 p.p.

Cost of credit increased due to the pandemic

resulting in lower financial margin with the market and commissions

5.2%

(yoy in Chile)

consolidated costs decreased 0.7% yoy and significant progress was made in footprint optimization and headcount reduction

7.0%

(HC reduction yoy in Chile)

mainly driven by additional provisions due to possible COVID-19 impacts according to our expected loss provisioning model

Ch$136.3 bi

consolidated additional provision

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Itaú CorpBanca published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 15:19:05 UTC.