0000947871-12-000530 Sample Contracts

Itaú Unibanco Holding S.A.
Association Agreement • July 10th, 2012 • Itau Unibanco Holding S.A. • State commercial banks

Itaú Unibanco Holding S.A. announces to the market that on July 9, 2012 it entered into an Association Agreement, through its controlled company Itaú Unibanco S.A. (“Itaú Unibanco”), with Banco BMG S.A. (“BMG”) with respect to the offering, distribution and commercialization of direct payroll debit loans (“Payroll Debit Loans”) throughout Brazil (the “Association”).

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