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Management Report 2nd quarter of 2021 ITAÚSA São Paulo , August 9 , 2021 - We present the Management Report of Itaúsa S.A. ( Itaúsa or Company ) for the second quarter of 2021 ( 2Q21 ) . These Financial Statements have been prepared in accordance with the standards established by the Accounting Pronouncement Committee ( CPC ) and approved by the Brazilian Securities and Exchange Commission ( CVM ) , as well as the International Financial Reporting Standards ( IFRS ) . Executive Summary Recurring Net Income R $ 2.9 billion ▲ 99 % vs 2Q20 Net Asset Value ( NAV ) R $ 123 billion 22 % vs 2Q20 Itaúsa Highlights • R $ 314 million in gross IOC ( R $ 0.037340 per share ) declared on this date , totaling R $ 938 million gross ( R $ 0.25073 per share ) payable on August 26 , 2021 . Spin - off of the equity interest in XP Inc. held by Itaú Unibanco completed ; incorporation of XPart , thus becoming Itaúsa's second largest investment by market value . • R $ 2,556 million investment in Aegea Saneamento completed . • Equity interest in NTS increased . • Itaúsa makes up the Great Place to Work ranking . Recurring ROE 17.9 % p.y. ▲ 8.5 p.p. vs 1H20 • • Itaúsa is selected for the second time to make up the FTSE4Good index . The corporate governance framework makes headway with the set - up of Board Advisory Committees , coordinated by either independent or external members . R $ 2.5 billion in debentures issued to finance the purchase of equity interest in Aegea Saneamento . R $ million 2Q21 2Q20 Change 1H21 1H20 Change PROFITABILITY AND RETURN¹ Net Income 3,514 598 487.1 % 5,721 1,610 255.4 % Recurring Net Income 2,855 1,434 99.0 % 5,251 2,512 109.1 % Return on Equity² 19.5 % 6.0 % 13.5 p.p. Recurring Return on Equity² 17.9 % 9.4 % 8.5 p.p. BALANCE SHEET Total assets Net Debt³ Stockholders ' equity 69,423 56,548 22.8 % 69,423 56,548 22.8 % 3,867 213 1,715 % 3,867 213 1,715 % 61,112 52,896 15.5 % 61,112 52,896 15.5 % CAPITAL MARKET Market Value4 93,781 80,660 16.3 % 93,781 80,660 16.3 % Average Daily Traded Volume ( ADTV ) 5 339 311 9.0 % 342 326 5.0 % ( 1 ) Attributable to controlling stockholders . ( 2 ) ROE annualized . ( 3 ) On June 30 , 2021 it excludes R $ 2,556 million from cash position for funds allocated to Aegea Saneamento in July 2021 . ( 4 ) Calculated based on the closing price of preferred shares in the last day of the period . ( 5 ) It includes Itaúsa's preferred shares ( ITSA4 ) traded on B3 . ITSA ISE B3 B3 LISTED N1 ICO2 B3 CDP DISCLOSURE INSIGHT ACTION MEMBER OF Dow Jones Sustainability Indices In collaboration with Follow Itaúsa on social networks : / itausaholding in company / itausaholding AM FTSE4Good O @ itausaholding