Constituted of the CEO, executive vice-presidents of the main businesses and the executives in charge of the support areas (Legal, Audit, Compliance and Risk Management; Planning, Control, Operations and Investor Relations; Corporate Communications and Unibanco People). As the highest decision-making body, its function is to coordinate and implement main policies and monitor Unibanco's consolidated results.

Audit Committee

Its duties include nominating, ad referendum of the Board of Directors, the independent external auditors and evaluating the services provided by internal and external auditors, revising quarterly financial statements and earnings reports, monitoring and evaluating the execution of all procedures required for legal compliance purposes, and recommending measures to correct and improve internal policies and protocols. Its members are elected at the Annual Shareholders Meeting. The Audit Committee is currently composed of Israel Vainboim (chairman), Eduardo Augusto de Almeida Guimarães, Guy Almeida Andrade and Gabriel Jorge Ferreira.

Risk Management Committee

This committee is also responsible for approving proposals to change and/or validate policies, processes and activities that involve market and liquidity, credit, legal and tax and operating risks. It meets monthly and is made up of the Chief Executive Officer, the Executive Vice-President of Planning, Control, Operations and Investor Relations, the Executive Director of Risk, Compliance and Operational Efficiency, the Executive Vice-President of Wholesale and Wealth Management, the Executive Vice-President of Retail, the Executive Vice-President of Insurance, Human Resources and Communications, the Executive Director of Legal and Tax, the Director of Treasury, and the Director of Risk Management.

Asset and Liability Committee (Alco)

This was established to define the bank's strategy for managing its assets and liabilities. It is also responsible for preparing the conglomerate's balance sheet, ensuring compatibility between the corporate strategic objectives - including the observance of each of the businesses budgets - and its funding and capital structure policies. The committee also establishes criteria and procedures for the pricing of funding and investment products, defining transfer prices, maturity profiles and asset-liability mix. Voting members of Alco are the Chairman of the Board of Directors, the Chief Executive Officer, and the following Executive Vice-Presidents: Planning, Control, Operations and Investor Relations; Wholesale and Wealth Management; Retail; Legal, Auditing, Compliance and Risk Management, and the Executive Director of Treasury and Macroeconomic Research. The committee meets monthly and counts on the participation, as non-voting members, of representatives from the Treasury, Risk Management, Control and Legal Departments.

Ethics Committee

Made up of seven executives, it is responsible for promoting a culture of ethics at all levels of operation and client services, establishing the necessary policies, and deliberating on issues of professional conduct. Three executive officers are members of this committee.

Unibanco also counts on the following committees:

Internal Controls Committee; ;

Stock Option Program Management Committee;

Sustainability Committee;

Corporate Committee;

HR Committee;

Negotiation Committee;

Business Committee;

Risks and Credit Committte - Retail Business;

Wholesale Credit Committee;

Accounting Committee;

Provisions, Engineering and Assets Committee;

Positioning Committee;

Quality Committee;

Commitment Committee;

Investment Committee.