Itau Unibanco Holding S.A 6-K, filed May 11, 2020
Itau Unibanco Holding S.A. (ITUB)
About this 6-K
Itau Unibanco Holding S.A filed this 6-K on May 11, 2020.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Issuer
Pursuant to Rule 13a-16 or 15d-16 of
the Securities Exchange Act of 1934
For the month of May, 2020
Commission File Number: 001-15276
Itaú Unibanco Holding S.A.
(Exact name of registrant as specified in its charter)
Itaú Unibanco Holding S.A.
(Translation of Registrant’s Name into English)
Praça Alfredo Egydio de Souza Aranha, 100-Torre Conceicao
CEP 04344-902 São Paulo, SP, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ☒ Form 40-F ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):
Yes ☐ No ☒
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):
Yes ☐ No ☒
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes ☐ No ☒
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b):
82–
EXHIBIT INDEX
| 99.1 | ANNOUNCEMENT ON RELATED-PARTY TRANSACTIONS |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
Date: May 11, 2020.
| Itaú Unibanco Holding S.A | ||||
| By: | /s/ Alexsandro Broedel | |||
| Name: | Alexsandro Broedel | |||
| Title: | Group Executive Finance Director and Head of Investor Relations | |||
| By: | /s/ Milton Maluhy Filho | |||
| Name: | Milton Maluhy Filho | |||
| Title: | Chief Financial Officer | |||
Exhibit 99.1
ITAÚ UNIBANCO HOLDING S.A. CNPJ 60.872.504/0001-23 A Publicly-Held Company NIRE 35300010230 ANNOUNCEMENT ON RELATED-PARTY TRANSACTIONS In compliance with the provision in Article 30, XXXIII, of CVM Instruction No. 480, of December 9, 2009, as amended (“CVM Instruction No. 480”), Itaú Unibanco Holding S.A. (“Company” or “Itaú Unibanco”) announces to its stockholders and the market in general the following related-party transaction: Parties Itaú Unibanco, by itself and its subsidiaries, and Fundação Itaú para a Educação e Cultura (“Foundation”). Relation with the Company The Foundation is deemed as a related party as it has management members who are members of Itaú Unibanco’s controlling group. Subject matter and main terms and conditions Donation proposal in the amount of R$1 billion by Itaú Unibanco Conglomerate companies to the Foundation. Considering the Foundation’s purpose of fostering education, culture, social assistance, and ensuring rights, as well as strengthening civil society, this donation aims to support the Foundation in the “Todos pela Saúde” (All for Health) initiative in connection with the novel coronavirus (COVID-19) relief efforts aimed to fight its effects on Brazilian society. Todos pela Saúde will operate by way of four action approaches: • Informing: clarifying doubts people may have and providing equipment use training. • Protecting: purchasing protection and prevention equipment, such as face masks, and adopting telemedicine. • Caring: purchasing coronavirus test kits, building field hospitals and new ICU beds, in addition to acquiring hospital equipment. • Resuming: investments to make society ready to go back to a normal life. A team of seven renowned doctors will be responsible for setting out the actions to be financed by these funds. This donation complies with the criteria established by Itaú Unibanco’s Corporate Donation Policy. This donation was analyzed and approved by the Company’s Related Parties Committee, composed entirely of independent members of the Board of Directors. Date of the transaction April 30, 2020
Detailed justification of the reasons why the Company’s management considers that the transaction was conducted under commutative conditions or provides for proper compensation There is no basis for proper compensatory payment, but it is worth mentioning that Itaú Unibanco wants to contribute to the solution of this severe crisis driven by COVID-19 and that this donation is in line with the values adopted by the Company. Any participation of the counterparty, its partners or managers in the Company’s decision- making process with respect to the transaction or negotiation of the transaction as representatives of the Company, describing this participation N/A. São Paulo (SP), May 8, 2020. ALEXSANDRO BROEDEL Group Executive Finance Director and Head of Investor Relations