Corporate GovernanceJul 28, 2026, 09:01 AM
Itau Unibanco Details Corporate Governance Practices
AI Summary
Itau Unibanco Holding S.A. detailed its corporate governance framework, emphasizing its capital structure with common and preferred shares, and the role of its Board of Directors, which includes 53.8% independent members. The company highlighted its robust risk management, ethical principles, and comprehensive policies for related party transactions and securities trading. These practices are designed to ensure transparency, accountability, and long-term value creation for stockholders.
Key Highlights
- Capital structure includes common and preferred shares, with preferred shares having priority for R$0.022 minimum annual dividends.
- Board of Directors comprises 53.8% independent members and integrates ESG topics into strategic planning.
- Robust risk management structure and policies are annually reviewed and approved by the Board of Directors.
- Audit Committee, composed entirely of independent members, oversees financial statements, internal controls, and risk management.
- Comprehensive Code of Ethics and Conduct and whistleblowing channels are in place to ensure ethical behavior and transparency.
- Policy for Trading Securities includes blackout periods and compliance monitoring to prevent insider trading.
- Transactions with Related Parties Policy requires approval by a committee of independent directors for transactions over R$2 million.
Price Impact
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