As the highest decision-making body within Unibanco's Management, its objectives are to coordinate and implement the key guidelines for Unibanco and its subsidiaries, as established by the Board of Directors, and to monitor consolidated results. It currently consists of eight members, including Unibanco's CEO and the main executives in charge of the business and support departments.

Audit Committee

Its functions include: appointing, ad referendum to the Board of Directors, the independent auditor and evaluating the effectiveness of their services and those of the internal auditor; reviewing accounting statements; establishing, disclosing, monitoring and overseeing procedures related to fulfillment of legal provisions; verifying fulfillment of their recommendations; and finally, recommending corrections or improvements to internal policies and guidelines. Currently, this committee has five members elected annually at the General Shareholders Meeting; four  of them are independent.

Internal Controls Committee

This committee's primary objective is to promote the constant improvement of internal processes and control structures, and to ensure best corporate-governance practices and compliance with regulatory requirements. There are just over 20 internal control subcommittees that meet on a monthly basis and involve all departments related to each business, in order to evaluate control indicators and operational losses and to monitor corrective action and processimprovement plans. Sub-committee results are reported on a monthly basis to the Internal Controls Committee. Currently, the committee consists of eight members, including Unibanco's CEO.

Negotiation Committee

This committee is responsible for deliberating on and establishing blackout periods, as it deems necessary to defend Unibanco or Unibanco Holdings' interests, as well as extending blackout periods beyond the disclosure date of relevant information. The committee currently has four members, including Unibanco and Unibanco Holdings Investor Relations' director.

Disclosure Committee

This committee seeks to: make decisions about the convenience and timing for disclosing a relevant act or fact, and how to do so, as well as the content thereof to be disclosed; ensure compliance with the rules and guidelines established in the Institutional Information Disclosure Policy for both Unibanco and Unibanco Holdings. It currently consists of seven members, including Unibanco's Investor Relations director.

Performance Committee

This body is responsible for managing Unibanco Stock Option Plan - Performance, and for appointing the executives who will be granted stock options. It also defines the quantity, date and option-exercise price, while always acting in compliance with the conditions defined in the Performance Rules and the legal limitations. The committee consists of four to six members appointed by the CEO and by a member of Unibanco Holdings Board of Directors.

Alco - Assets and Liabilities Committee

This committee's responsibility is to define Unibanco's strategy for management of its assets and liabilities, in addition to assuring alignment with the institution's strategic objectives, including adherence to business department budgets, and compliance with investment, liquidity and capital policies. It has thirteen members, including the Chairman of Unibanco's Board of Directors and its CEO.

Ethics Committee

This committee's responsibilities include promoting a culture of ethics throughout Unibanco, approving related policies, and solving matters of personal and professional conduct, while providing a healthy work environment. The committee currently consists of eleven members.

Unibanco also counts on the following committees:

Sustainability Committee;

Corporate Committee;

HR Committee;

Business Committee;

Risks and Credit Committee - Retail Business;

Wholesale Credit Committee;

Accounting Committee;

Provisions, Engineering and Assets Committee;

Positioning Committee;

Quality Committee;

Commitment Committee;

Investment Committee;

Security Committee;

Risks Committee.