Itaú Unibanco Holding S.A. announced to its stockholders and to the market that it priced the offering of Tier 2 subordinated notes (Notes) with ten-year and three months maturity in the total amount of USD 500 million to be issued by the Company on January 15, 2021 (Issuance). Itaú Unibanco has also launched its Sustainability Finance Framework, which sets the guidelines for the issuing of green, social and sustainable bonds. The Notes proceeds will be used for the financing or refinancing of eligible green and/or social projects according to its Sustainability Finance Framework eligibility criteria available on the Investor Relations website. The Notes will be issued at a fixed rate of 3.875% which will be applicable until the fifth year and three-month of the date of issue. As of this date, including it, the interest rate will be recalculated for more five years based on the interest rate for securities issued by the United States Treasury for the same period. The offer price of the Notes was 99.671%, resulting in a yield to investors of 3.95%. The Company may repurchase the Notes from the fifth year up to fifth year and three-months of the Issuance date, subject to the prior approval of the Central Bank of Brazil. The Company will request approval of the Central Bank of Brazil for the Notes to be included in its Regulatory Capital as Tier 2 Capital, adding 25 bps(1) to the Company's Total capital Index.