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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. DAY
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We are Itaúsa, the largest investment holding in Brazil Itaúsa R$ 164 bn Market Value Portfolio R$ 200 bn 1. On 09.30.26.
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. 3 R$ 12 billion invested over the past decade Over 50 years investing in key sectors Portfolio of 7 leading companies that are part of Brazilians’ lives
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. value on portfolio? How do we create
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We unite experience, independence and a culture of governance Independent assessment of the Board of Directors (collectively and individually) and its Committees Statutory committees 100% coordinated by independent members of the Board of Directors Audit Committee and Related Parties Committee composed entirely of independent members Board of directors: with 50% independent members The Chair of the Board of Directors is independent 25% women on the Board of Directors
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We have enhanced our governance to strengthen the active management of the holding... Sessions with CEOs on the Board of Directors Portfolio updates in 100% of Board of Directors meetings Governance maturity assessment of investees Incorporation of the risks of the investees into Itaúsa's risk matrix Monitoring of relevant regulatory developments with impact on investees Strategic agendas at the meetings of the Board of Directors More representatives with a technical profile at investees
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. ...and drive value creation Committee Strategy Pipeline monitoring and discussion of new opportunities Monitoring of the main topics on the investee agenda Update of the investment theses and fair value assessment for portfolio companies Preparation of the Board of Directors for discussion with CEOs of the investees Return on investments and evolution of risk quantification of investees and portfolio Discussion of strategic moves by investees
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We promote positive impact on society We create a stimulating environment for our teams We foster dialogue to work better together We are open to the new We strive to be a benchmark in governance We operate with a long - term vision We monitor risks closely We consider ethics non - negociable We maximize profitability with responsibility boosts value creation and influence over investees Culture Our
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We create a stimulating environment for our teams We foster dialogue to work better together We are open to the new boosts value creation and influence over investees Culture Our
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. ▪ Creation of the portfolio management department ▪ Expansion of the teams’ scope to incorporate portfolio analyses ▪ Cross - functional goals to foster dialogue and collaborative work ▪ Updated competencies aligned with our values ▪ Leadership development to strengthen collaborative work ▪ Attraction and retention of talent aligned with the company’s challenges ▪ Short - and long - term incentive plans Initiatives focused on portfolio value creation people that put our values into action We invest in
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. technology • Continuous training • Cross - team hackathon • Data lake for portfolio analysis • Investor Relations agent • LIA: Itaúsa AI agent • Incentive to accelerate the journey We encourage the use of to boost results Integrated ERP Collaboration platform connecting data, reports, and teams Artificial Intelligence Journey
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We have evolved our work model from traditional holding company to an active portfolio manager
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. knowledge Our associative profile multiplies Topics covered in 2026 • Artificial Intelligence • Digital behavior • Crisis management • Derivatives • Tax reform • Split payment • IFRS 18 • IFRS S1 and S2 • El Niño Thematic forums : Knowledge hub for sharing expertise, discussing trends and innovations, and disseminating best practices across the portfolio
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We developed a proprietary model to maximize positive impact Pillars of action Influence over Investees Strengthens Itaúsa’s influence over investees through the engagement of its representatives Efficient Capital Allocation Integrates risk - return analyses to support Itaúsa’s strategic decisions
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We work in an integrated manner to expand the value creation of our investees... Influence over Investees Alocação Eficiente de Capital Value creation guides Quarterly Coverage Integrated Management Forums Strategic Alignment with Representatives Key value creation topics for investees’ next cycle Quarterly integrated analysis Routine discussions among Itaúsa leaders on investees’ strategic topics Preview of investees’ Board meetings with a cross - functional perspective Influence Dedicated platform Portal with financial and operational dashboards and an integrated governance view
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Influence over Investees Alocação Eficiente de Capital
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Home Illustrative content Influence over Investees Alocação Eficiente de Capital
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Calendar and Forums Influence over Investees Alocação Eficiente de Capital Illustrative content
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Strategic Alignment with Representatives Influence over Investees Alocação Eficiente de Capital Illustrative content
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Value Creation Guides Key topics that provide context on the company’s history and year Initiatives and forums for monitoring in 2026 Governance Structure and key shareholder matters Influence over Investees Alocação Eficiente de Capital
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Quarterly Coverage Period Highlights Return on Investment Value Creation Initiatives Outlook Financial Performance Market View Itaúsa’s View Sell - Side View Capital Allocation Financial Performance Governance Influence over Investees Alocação Eficiente de Capital
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Investment Dashboard Influence over Investees Alocação Eficiente de Capital Illustrative content
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Financial Dashboar d Illustrative content xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx XXXX de 20xx Influência nas Investidas Alocação Eficiente de Capital
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Operational Dashboard Influence over Investees Alocação Eficiente de Capital Illustrative content
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Dedicated Platform Operational Dashboard Influence over Investees Alocação Eficiente de Capital Illustrative content
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We evolved our proprietary model to support capital allocation Realized risk and return Asset risk and return and portfolio v iew Prospective risk (Monte Carlo) Prospective view of macroeconomic risk and its impact on the portfolio Integrated risk view Incorporation of key topics such as cybersecurity, governance, climate, among others Influência nas Investidas Efficient Capital Allocation
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. 27 Realized Risk and Return Risk x Return Realized Portfolio View Portfolio 1 Portfolio 2 Portfolio 3 Annual Return Risk (Volatility) • Share return volatility • Correlation between assets • Portfolio view Influência nas Investidas Efficient Capital Allocation
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. 28 Prospective Risk and Return Monte Carlo simulations for risk analysis 0.4 0.3 0.2 0.1 0.0 - 0.1 0 2 4 6 8 10 12 Simulated Variables Distribution of Returns Across Portfolio Investees Distribution of Itaúsa’s Portfolio Value Portfolio Allocation Menu Influência nas Investidas Efficient Capital Allocation
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. 29 Integrated Risk View Regulatory Governance Cybersecurity Liquidity Sustainability Simulações via Monte Carlo para análise de risco 0.4 0.3 0.2 0.1 0.0 - 0.1 0 2 4 6 8 10 12 Variáveis Simulada Distribuição dos retornos das investidas do Portfólio Distribuição do valor do Portfólio Itaúsa Portfólio Menu de alocação Influência nas Investidas Efficient Capital Allocation
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We have placed portfolio management at the core of our Sustainability Strategy _ Ethics and integrity in business _ Transparency and relationship _ Climate transition _ Climate adaptation and resilience _ Climate and nature integration Integrity,Ethics & Transparency Clim ateChange HumanCapital Governance _ Integration of sustainability into investment decisions _ Stewardship _ Monitoring and follow - up Portfolio Management & Responsible Investment _ Corporate and sustainability governance _ Integrated risk management _ Diversity, equity and inclusion _ Culture and development _ Health, safety and well - being _ Human rights
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We invest responsibly, acting as an agent of change to build businesses that create value and contribute to Brazil’s sustainable development Pillars of Action Impact by the holding company and its investees Impact by Instituto Itaúsa
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. We integrate sustainability into portfolio management Freepik2026 Freepik2026 Influence t hrough governance Identification, prioritization, and monitoring of indicators • Climate change • Biodiversity • Resource use and circular economy Priority Monitoring Topics • Diversity, Equity & Inclusion • Human Rights • Health, Safety and Well - being • Governance and oversight of sustainability initiatives • Transparency and reporting • Business ethics and integrity Environmental: Social: Governance: Impact by the holding company and its investees Impacto pelo Instituto Itaúsa
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima.
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Assessment of environmental, social, and governance risks, impacts, and opportunities Sustainability analyses to support investment decisions Sustainability m aturity l evel Definition of priority topics for monitoring ... and into the analysis of new investments Impact by the holding company and its investees Impacto pelo Instituto Itaúsa
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Through Instituto Itaúsa we accelerate the transition of the Brazilian economy for a more productive economy that benefits the climate, nature, and people s upported invested since 2023 101 projects R$ 106 MM Areas of Action Productivity & Sustainability Environmental Conservation from 2023 to July 2026 2026 . Impacto pela holding e investidas Impact by Instituto Itaúsa
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Supported Projects Nature Investment Lab Collaborative lab bringing together the private sector, financial institutions, government, and civil society to scale up financing for nature - based solutions in Brazil Brazil in a +2 ° C World Open - data portal on climate risks to support policy, investment, adaptation, and climate risk measurement decisions Climate Action (RS) Partnership between Itaúsa Institute, Motiva, and Dexco to support 10 municipalities in Rio Grande do Sul in strengthening disaster risk management, climate adaptation, and resilience Land Use, Water and Food Systems Energy and Materials Urban Systems Impacto pela holding e investidas Impact by Instituto Itaúsa
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. And active management has delivered tangible results
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Our solidity translates into consistent results and a robust balance sheet... Recurring Net Income 1H26 Recurring ROE 1H26 R$ 8.8 bn 12% vs. 1 H 25 19.3% p. y . Shareholders’ Equity 06 .30.26 R$ 93.8 bn Net Debt ² 06 .30.2026 R$ 1.2 bn 5% vs. 06.30.25 1.5 p.p. vs. 1 H 25 99 % vs. 0 6 .30.25 AAA Rating (Moody’s, S&P, Fitch) Net Income (R$ billion) and Recurring ROE (%) 15.8% 15.8% 17.4% 18.4% 10.8 12.2 14.8 16.5 2022 2023 2024 2025 Market Cap (R$ billion ) 2016 2026 61 164 +169% …with double - digit growth year after year 80% vs. 09.30.22
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We are among the largest dividend payers of the country R$ 12 bn Net Dividends 14.7 % Dividend Yield 76 % Payout 2025 Declared by Itaúsa Among the top 3 on B3
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. The new portfolio demonstrates growing dividends... Annual IRR of the new portfolio¹ (since Apr/2017) ~ 16% IBOV: 11 % p.y . | CDI: 9 % p.y . (1) Considers the cash basis of net dividends received (IOC and dividends), as well as capital reductions and disposals of shares . ...and returns above benchmarks R$ 1 bn In 2025 R$ 4 bn Since 2017 Dividends and IOC
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Our stock outperforms benchmarks ITSA4 2026 YTD 5 years 10 years 28.1% 428.6% 156.8% 1 year 42.5% IBOVESPA 15.6% 67.9% 219.3% 27.4% CDI 10.6% 81.3% 144.4% 14.5% USD/BRL 5.8% 4.8% 59.6% 2.6% In 09.30.26.
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We are recognized by the market A List Since 2008 Since 2018 Since 2023 Since 2024 Since 2004 Since 2021 Since 2023 15 th year 16 th year Latin America Ranking 2025 ( Most Honored Company - Non - banking financial sector )
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We have earned the trust of nearly 1 million shareholders across Brazil 1 in every 6 equity investors on B3 holds ITSA in 93% of Brazilian cities
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. value o n portfolio? How do we create
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Renewed cul ture Robust balance sheet and growing results Returns above benchmarks Trust of 1 million shareholder value Creation Active portfolio management Solid governance Best talents Integration of sustainability into strategy Influence and e fficient a llocation Advanced technology A ttractive shareholder return
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Q & A
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. DAY @itausaholding itausaholding itausaholding itausaholding itausaholding www.itausa.com.br ri@itausa.com.br ri@itausa.com.br
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Caso precise, utilize o conta- gotas para selecionar as cores na paleta acima. Satisfaction Survey