Corporate GovernanceJul 7, 2026, 02:41 PM
Itau Unibanco Details Administrator Remuneration Policy
AI Summary
Itau Unibanco Holding S.A. has detailed its Remuneration Policy for Administrators in Brazil, aiming to attract, retain, and reward talent while ensuring alignment with prudent risk management and long-term shareholder interests. The policy emphasizes that variable remuneration must consider individual and business performance, be deferred over time, and be subject to clawback or malus adjustments. A significant portion, at least 70%, of variable remuneration will be paid in shares or share-based instruments, deferred for a minimum of three years.
Key Highlights
- Policy aims to attract, retain, and reward administrators meritocratically.
- Variable remuneration must align with prudent risk exposure and long-term strategies.
- Prohibits mechanisms that limit, lock, or transfer risk related to administrators' shares.
- Variable remuneration considers individual, business department, and conglomerate performance.
- At least 70% of variable remuneration must be paid in shares or share-based instruments.
- Deferred variable remuneration for a minimum of three years, staggered, and subject to clawback/malus.
- Remuneration for internal control and risk management staff based on function objectives.
Price Impact
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