ITAÚ UNIBANCO HOLDING S.A.
CNPJ 60.872.504/0001-23
A Publicly Listed Company
NIRE
35300010230
SÃO PAULO, May 4, 2020
/PRNewswire/ -- Itaú Unibanco Holding S.A. ("Company" or "Itaú
Unibanco"), in compliance with Article 157, Paragraph 4 of Law
6,404/76 and Instruction no. 358/02 of the Brazilian Securities and
Exchange Commission, informs its stockholders and the market in
general that the Company's management has decided to suspend its
projections for the year 2020, disclosed through Material Fact on
February 10, 2020.
The decision to suspend the projections is due to the low
visibility of the extent and depth of the effects of the current
crisis brought by the COVID-19 pandemic. Management understands
that it is prudent not to disclose new forecast at this time, until
it is possible to estimate the impacts and extent of the current
situation in the Company's operations more accurately.
Itaú Unibanco reiterates its commitment to transparency towards
its stakeholders and, as the Company has been doing since the
beginning of the crisis generated by the COVID-19 pandemic, will
keep its shareholders and the market informed about its initiatives
and the effects of the crisis on its operation.
São Paulo, May 4 2020.
ALEXSANDRO
BROEDEL
Group Executive Finance Director and Head
of Investor Relations
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SOURCE Itaú Unibanco Holding S.A.