ITAÚ BBA EUROPE, S.A.

ITAÚ BBA EUROPE, S.A. is a Portugal-incorporated credit institution within the Itaú Unibanco group, focused on wholesale banking for corporate and institutional clients rather than retail. Headquartered in Lisbon, it is authorised and supervised by Banco de Portugal within the EU prudential framework and is subject to CRR/CRD capital and liquidity requirements, resolution planning rules, and conduct obligations applicable to credit institutions and MiFID investment service providers. Its business centers on corporate lending, trade and export finance, structured and acquisition finance, cash management for companies, foreign exchange and interest-rate hedging, and distribution of fixed-income products; investment and ancillary services are generally provided to professional clients and eligible counterparties under MiFID II. The operating model is relationship-driven without a retail branch network, with coverage teams coordinating with other Itaú entities to connect European counterparties to origination and distribution capabilities in Latin America. Funding is primarily wholesale, including intercompany funding from the group and deposits from non-retail customers, complemented by capital markets instruments as needed; risk governance follows group standards with independent risk, compliance, and internal audit functions, and public reporting typically includes audited IFRS financial statements and Pillar 3 disclosures. Client onboarding and ongoing monitoring follow EU AML/CFT, sanctions, and tax-transparency requirements, and data processing is aligned with GDPR. The bank positions its Portuguese balance sheet as an EU booking center for LatAm-related business, which can introduce concentration in cross-border exposures alongside the benefits of group integration; eligible deposits, if any, fall under Portugal’s deposit guarantee scheme up to the statutory limit, while investment products are not guaranteed and carry market and credit risk. Prospective counterparties should consider client categorisation constraints, minimum relationship sizes common to wholesale platforms, and the extent to which certain products are manufactured or executed through other entities in the Itaú group.