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Actionable news in ITUB: ITAU UNIBANCO HOLDING S.A. AMERICAN DEPOSITARY SHARES,

Itau Unibanco Banco Holding: Announcement To The Market ANNOUNCEMENT TO THE MARKET

The following excerpt is from the company's SEC filing.

Itaú Unibanco Holding S.A. (“Itaú Unibanco” or “Company”) announces to its shareholders and the market at large that, from the third quarter of 2015 on, will change the presentation of the

Financial Margin with Clients

in its statements, in order to better adapt it to our management model, simplify the items that compose it and consequently facilitate the tracking of its evolution.

It is worth highlighting that the total

remains identical to the ones previously disclosed, and the changes will be on the calculation method of the items that compose it: (1) Spread-Sensitive Operations a nd (2) Working Capital and Others.

Therefore, the

Managerial Financial Margin

presentation changes are detailed below:

New Model

Previous Model

Financial Margin with Clients (A = 1+2)

Spread-Sensitive Operations (1)

Working Capital and Other (2)

Interest Rate-Sensitive Operations (2)

Financial Margin with Market (B)

Managerial Financial Margin (C = A + B)

In the new model, balances and rates will be determined as follows:

Composition

Calculation Method

Credit and Non Credit Assets (Foreign...


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