Ita Colombia Institutional Presentation 1Q18 March 2018 Ita - PowerPoint PPT Presentation

Itaú Colombia Institutional Presentation 1Q18 March 2018

Itaú Colombia | Who we are? We maintain the group’s structure with Itaú CorpBanca in Chile as our parent company and Itaú in Brazil as controlling shareholder. 1 36.06% Itaú Unibanco Itaú 30.65% CorpGroup Helm Minority CorpBanca Saieh Family 2 66.28% 12.36% 20.82% 0.54% 3.32% IFC 80.0% 29.97% Itaú CorpBanca Others Colombia Itaú Corredor de Seguros 94.0% 94.5% 95.0% 100% Itaú Itaú Securities Itaú Fiduciaria Comisionista Itaú (Panamá) 3 Services de Bolsa 100% Itaú Casa de Valores (Panamá) Source: Itaú CorpBanca Colombia 1. Since April 2016 Itaú Unibanco increased it´s participation by 2.48%, percentage sold by the Saieh Family according to what was established in the Shareholder´s Agreement. | 2 | 2. Includes 182,125,023 shares owned by Cia. Inmobiliaria and Inversiones Saga S.A that are under custody. 3. Itaú (Panama) has international license.

Itaú Unibanco | At a glance Leading position in Brazil Financial Highlights and Ratios As of and for the quarter ended March 2018 • US$100.4 billion market cap 1 99,618 employees in Brazil and abroad • Highlights 4,976 branches and CSBs in Brazil and abroad • Total Assets (*) USD 461.4 Bn • 47,086 ATMs in Brazil and abroad Total Loans (1) USD 182.0 Bn • Brazilian multinational bank Stockholders’ Equity USD 35.9 Bn • Major provider of finance for the expansion of Brazilian companies USD 7.5 Bn Recurring Net Income 2017 (2) (*) In 2017 Itaú Unibanco was elected the The Best Company in People • Recurring Net Income 1Q18 (3) (*) USD 1.9 Bn Management (by “ Valor Carreira ” magazine) and also recognized as a pro-ethics company (Pró-Ética), an initiative between the Office of the Comptroller General 2 Long Term Foreign Currency Moody’s: Ba3 with the private sector, which encourages the voluntary adoption of integrity (Itaú Unibanco Holding) Fitch BB+ S&P BB- measures and corruption prevention in the business sector, being the only financial institution among the companies approved. Financ ial Ratios Recurring ROE 2017 (4) (*) 21.8% Global Footprint of Brazil’s Top Private Sector Bank | Mar. 31, 2018 Recurring ROE 1Q18 (5) (*) 21.9% Efficiency Ratio 2017 (6) 46.4% Efficiency Ratio 1Q18 (6) 45.9% Liquidity Coverage Ratio 173% Common Equity Tier I 14.5% (*) Includes the consolidation of Citibank in the 4Q17. (1) Includes financial guarantees provided. (2) Represents Net Income adjusted for certain non recurring events described in the 1Q18 MD&A – Executive Summary. (3) Represents Net Income adjusted for certain non recurring events described in the 1Q18 MD&A – Executive Summary. (4) Calculated using Recurring Net Income / Average Equity. For annualized calculation method, please refer to Historical Series Spreadsheet. (5) Calculated using Recurring Net Income / Average Equity. For annualized calculation method, please refer to the 1Q18 MD&A – Executive Summary. (6) See “Efficiency Ratio” slides in this presentation for criteria. Exchange rate of BRL 3,3032 / USD as of March 30, 2018 1. As of March 31, 2018. Source: Economatica. | 3 | 2. Controladoria-Geral da União (CGU)

Itaú Unibanco | Retail Footprint in Latin America Mexico | CIB Employees: 9 Panama Colombia¹ Employees: 3,567 Branches + CSB: 169 ATMs: 174 Brazil Employees: 85.843 Peru Branches + CSBs: 4.451 Representative ATMs: 45,891 Office Paraguay Chile Employees: 833 Employees: 5,984 Branches + CSBs: 40 Branches + CSBs: 202 ATMs: 312 ATMs: 470 Non-bank Correspondents: 57 Uruguay Argentina Employees: 1,119 CIB Employees: 1,700 Minorista Branches +CSBs: 27 Branches + CSBs: 87 Points of Service OCA: 35 ATMs: 178 ATMs: 61 (1) Considers employees and branches from Panama | 4 |

Organizational Structure | Strong and integrated Corporate Governance Board Chile Audit Comitee Itaú CorpBanca CEO CAE Emerson Bastián Milton Maluhy Operations CFO CRO Treasury Marketing & Colombia Wholesale Retail Human Legal & IT Products Resources Compliance Jorge Gabriel Mauricio Pedro Rogério Álvaro Christian Julián Marcela Cristián Luis 3 Novis Moura Baeza Silva Braga Pimentel Tauber Acuña Jiménez Toro Rodrigues Board Colombia Chairman Milton Maluhy Itaú CorpBanca Colombia CEO Álvaro Pimentel CFO CRO Treasury Franchise, Products Wholesale Retail Human Legal & General IT Operations Communic. & Digital & Institut. Relat. Resources Secretary María C. Juan Ignacio Derek Luciana Carolina Jorge Hernando María Lucía Dolly Murcia Lilian Liliana Vandame Castro Sassoon Hildebrandi Velasco Villa Osorio Ospina Barrios Suárez Board Chile 1 2 Board Colombia Chairman Chairman Matrix reporting to CEO Jorge Andrés Saieh Guzmán Milton Maluhy Colombia and functional reporting to ITCB Ricardo Villela Marino Fernando Concha Ureta Roberto Brigard Holguín Juan Echeverría González Jorge Selume Zaror Eduardo Mazzilli de Vassimon Luis Fernando Martínez Lema Gabriel Moura Functional reporting to CEO Fernando Aguad Dagach Boris Buvinic Guerovich Colombia and matrix reporting to Carmiña Ferro Iriarte Rogério Braga ITCB for coordination of specific Gustavo Arriagada Morales Andrés Bucher Cepeda Rafael Pardo Soto Mónica Aparicio Smith themes Bernard Pasquier Pedro Samhan Escandar 1- Itaú Unibanco and CorpGroup appoint the majority of the members of the board of directors; 2- Pursuant to the Shareholders Agreement, the Directors appointed by Itaú Unibanco and CorpGroup shall vote together as a single block according to Itaú Unibanco’s | 5 | recommendation. 3- Responsible for the technological integration process in Colombia

Itaú CorpBanca Colombia | Highlights Bank #6 in Colombia, with presence in 30 locations in Colombia 2 and one in Panama Itaú Colombia’s Footprint as of March 31, 2018 MS : 4,9% 3 USD$ 11 BN #Player : 6 by assets TIER I: 9,4% Assets Total Capital Ratio : 13,8% USD$ 7 BN NPLs 30-days : 4,8% 4 Net Inc. FY17 : USD -43,6 MM Gross Loans Net Inc. 1Q18: USD -6,1 MM 495 M Clients# 1 3.509 Employees # 4 174 ATMs # 169 Branches # Source: Superintendencia Financiera & Itaú CorpBanca Colombia, Exchange rate of COP 2780,47 per 1 USD as of March 31, 2018 | 6 | 1. Depuration in the number of accounts due to the technologic migration process. 2. Includes cities and major municipalities 3. Information as of Feb-18. 4. NPLs 30-days. 5. Bank and subsidiaries. includes Panamá

Itaú CorpBanca Colombia | Accomplishments The Bank continues with its plan of implementation of Itaú’s model in Colombia. Successfully completes the milestones set for 2017. 2016 2017 2018  Change of strategy for  Incorporation of Corporación Financiera Itaú  Completion of IT the IT integration BBA (people and assets) migration  Liquidity and Market  Introduction of the Itaú Brand  Digital strategy risks alignment  Beginning of technological migration  Reorientation of Retail  Gradual reduction in the Banking  Wholesale-Credit project market-risk limits  Customer Service  Restructuring of the Retail-Credit area  Implementation of Quality operational-risk  Beginning of Retail Loan Portfolio revision  Culture phase II standards  Creation of Franchise, Products & Digital  Reorientation of financial  Beginning of Wholesale results Loan Portfolio revision  Evaluation of products and businesses  Creation of the Commission of Capital  Culture phase I Sustainable performance in the long term Source: Itaú CorpBanca Colombia | 7 |

IT integration | Migration stages Since January 22 ,100% of the branches are branded Itaú, getting ahead of the set schedule 01 Individuals 100% of clients migrated   Service and software stable at branches  Contact Center’s key indicators with positive balance  Total of 282.427 clients migrated 02 Companies  100% of clients migrated Software and customer service stable   Confirming successfully implemented  Total of 24.658 clients migrated | 8 | Source: Itaú CorpBanca Colombia,

Macroeconomic outlook | Key indicators Itaú Colombia continues to move forward successfully in it’s integration process despite a low -growth scenario for the country and a downgrade of the sovereign rating by S&P Central Bank Rate (%) Inflation (y/y) (%) 8,6 8,0 7,75 7,50 7,50 7,3 7,00 6,8 6,50 5,8 5,75 5,75 5,25 4,7 4,75 4,50 4,1 4,0 4,0 Target 2% - 4% 3,1 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Dec-15 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 GDP Growth (%) 1 Nominal growth of the Banking System’s Loans (%) Financial Total Gross Past-due 52,5 5,5 50,0 5,4 5,4 5,2 45,5 5,0 4,8 4,7 4,3 4,3 37,3 36,1 3,8 3,4 3,2 22,9 18,8 3,4 18,2 3,3 3,0 2,6 11,5 2,5 2,5 2,0 6,1 5,9 1,8 1,7 13,2 12,1 12,2 1,3 1,2 1,2 11,1 11,0 10,3 9,1 1Q15 2Q15 3Q15 4Q15 1Q16 2Q16 3Q16 4Q16 1Q17 2Q17 3Q17 4Q17 Jan-16 Feb-16 Mar-16 Apr-16 May-16 Jun-16 Jul-16 Aug-16 Sep-16 Oct-16 Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Source: Macroeconomic Studies Itaú CorpBanca Colombia & Superintendencia Financiera | 9 | 1: 12-month growth