Debt and Rating - ITAÚSA S.A

Itaúsa has the practice of conservatively managing cash and keep adequate debt levels, in line with an adequate liquidity level of cash and cash equivalents and limiting exposure to the market, credit, liquidity, and operational risks, focusing on capital preservation.

Rating

Rating is the classification of a company's financial health risks and its ability to pay its obligations.

	Rating	Perspective	Scale	Last update
Moody’s	AAA.br	Stable	National	09/08/2023
S&P Global Ratings	brAAA	Stable	National	07/11/2023
Fitch	AAA(bra)	Stable	National	11/01/2023

The information presented in this section is updated regularly but may not reflect the most current condition of the Company due to the dynamism inherent to the market and the frequent updating of by the rating agencies. We encourage you to also check on Moody’s, Fitch and S&P website¹.

¹ These links takes you to a third-party website. The company is not responsible for the content and/or privacy practices.

Debt Securities

Below are the Itaúsa's debt instruments.

Debt Instrument	3^rd issue of debentures	4^th issue of debentures	6^th issue of debentures
Issue Amount	R$ 1.3 billion	R$ 2.5 billion (Remaining amount: R$ 1.25 billion) 1^stserie: R$ 1.25 billion (100% redeemed in advance on 12.21.2023) 2^nd serie: R$ 1.25 billion	R$ 1.25 billion
Date of Issuance	December 15, 2020	July 15, 2021	December 13, 2023
Term	Single serie 10 years	1^stserie: 6 years 2^nd serie: 10 years	Single serie 8 years
Cost	CDI + 2.40% p.y.	1^st serie: CDI + 1.40% p.y. 2^nd serie: CDI + 2.00% p.y.	CDI + 1.37% p.y.
Interest payment	Semiannual - June and December	Semiannual - June and December	Annual - December
Amortization	3 equal installments: Dec/28 Dec/29 Dec/30	1^st serie: 3 equal installments in Jun/25, Jun/26 and Jun/27 2^nd serie: 3 equal installments in Jun/29, Jun/30 and Jun/31	3 equal installments: Dec/29 Dec/30 Dec/31
Issuance deed	3^rd issuance deed	4^th issuance deed	6^th issuance deed

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