Itaú Unibanco S A : ITAÚ UNIBANCO - PRESS RELEASE - Form 6-K

Itaú Unibanco's profit totals R$7.7 billion in the second quarter of 2022 Up 17.4% on a year-on-year basis, earnings confirm the loan portfolio sustainable growth and reaches a 42.4% efficiency ratio in the 12-month period, the lowest level of the historical series São Paulo, August 8-In the second quarter of 2022, Itaú Unibanco's recurring managerial result totaled R$7.7 billion, up 17.4% year-on-year with annualized recurring return on average equity of 20.8%. Among the factors that influenced earnings the most are the increase in the financial margin with clients, positively impacted by increase in the loan portfolio and change in the mix of products, with relative growth of products with better spread. In R$ million (except where otherwise 2Q22 2Q21 % 1Q22 % indicated) Recurring Managerial Result 7,679 6,543 17.4% 7,361 4.3% Annualized Recurring Managerial Return 20.8% 18.9% 190 bps 20.4% 40 bps on Average Equity Total Adjusted Loan Portfolio¹ 1,084.1 909.1 19.3% 1,032.2 5.0% 90-day NPL ratio - Total 2.7% 2.3% 40 bps 2.6% 10 bps Cost of credit totaled R$7.5 billion in the "We went through another second quarter of 2022, up 60.6% when challenging quarter and were able to compared to the same quarter of the previous achieve sustainable earnings, with year. This increase was mainly due to the consistent growth of our business' growth of 61.7% in the allowance for loan profitability. Our loan portfolio losses resulting from the continuous growth of maintained its healthy growth the retail loan portfolio over the period, the trajectory, for all client profiles, as did higher origination in consumer credit and our banking service fees and unsecured credit products and the increase in revenue from insurance operations. This consistency results from our nonperforming loans. current digital and cultural transformation journey we are The total loan portfolio1 grew 19.3% in relation promoting, focused on client to the second quarter of 2021, reaching centricity". R$1,084.1 billion in June 2022. In the loan Milton Maluhy Filho portfolio for individuals, the increase is related Itaú Unibanco's CEO to the volumes of credit lines for credit cards (43.1%) and mortgage loans (35.3%), in relation to the same period of 2021. The loan portfolio for very small, small and middle-market companies was up 22.8% year-on-year, and of 18.9% in large companies in the same period. 1It includes financial guarantees provided and corporate securities.

Banking service fees and revenue from insurance operations grew 11.2% in the second quarter of 2022 from the same quarter of 2021, driven by the increased revenue from cards, in both issuance and acquiring activities, and by higher insurance earned premiums. Non-interest expenses reached R$ 13.3 billion in the second quarter of 2022, up 6.0% year-"Even if we consider the current on-year, whereas accumulated inflation was inflation cycle, we have again 11.9% (IPCA). The efficiency program of the strengthened Itaú Unibanco's bank has significantly helped improve this commitment to efficiency, performance. Accordingly, the efficiency ratio continuing to keep expenses below (for the past twelve months) decreased 4.2 inflation. In this last quarter, our percentage points in relation to the same efficiency ratio reached the lowest historical level, reflecting the quarter of the previous year, reflecting combination of discipline in productivity gains arising from continuous managing expenses and consistent technology investments and reaching the delivery of results without ever lowest level of the historical series. giving up our strategy to invest in business and technology". The share of digital channels in transactions AlexsandroBroedel and products and services purchased by Itaú Unibanco's CFO clients continues to grow. In the quarter, 68.7% of products purchased by individuals were made digitally. Strengthening the investment ecosystem strategy, we have announced the purchase of equity interest in the capital of Avenue Holding Cayman Ltd., which will enable the increased access to the foreign investment market and the functionality of opening an international current account. It is worth mentioning that the transaction is subject to the approval from the proper regulatory bodies. As part of the evolution of the ESG strategy, we reached 56% of the commitment to contributing with R$400 billion by 2025 for business that promotes a sustainable, increasingly green and inclusive economy. From August 2019 to June 2022, the bank allocated R$224 billion to credit granting for positive impact sectors, ESG product offers to the retail segment and to structuring of ESG-linked transactions, such as green debentures and ESG bonds. Further information on Itaú Unibanco's earnings is available on Itaú Unibanco's Investor Relations website: www.itau.com.br/relacoes-com-investidores/en/. Corporate Communication - Itaú Unibanco [e-mail]