Exhibit 99.1

Banco Itaú Chile Announces First Quarter 2023 Management Discussion & Analysis Report SANTIAGO, Chile, April 28, 2023 (GLOBE NEWSWIRE) – BANCO ITAÚ CHILE (NYSE: ITCB; SSE: ITAUCL) announced today its Management Discussion & Analysis Report (“MD&A Report”) for the first quarter ended March 31, 2023. For the full MD&A Report, please refer to the following link. https://ir.itau.cl/files/doc_financials/2023/q1/Itau-Chile-1Q23-MD-A.pdf On Tuesday, May 2, 2023, at 11:00 A.M. Santiago time (11:00 A.M. ET), the Company’s management team will host a conference call to discuss the financial results. The call will be hosted by Gabriel Moura, Itaú Chile’s Chief Executive Officer; Rodrigo Couto, Itaú Chile’s Chief Financial Officer and Liliana Gonzalez Londono, Head of Corporate Strategy & Financial Planning. Conference Call Details: Online registration: https://conferencingportals.com/event/OCZyVRsO Phone registration: +1 (800) 770-2030 or +1 (647) 362-9199 Upon registering, each participant will be provided with call details and a registrant ID used to track attendance on the conference call (Access Code: 61362#). Reminders will also be sent to registered participants via email. Please provide this registration information to those participants that you would like to attend your conference call. Telephone and Virtual Q&A session: Telephone Q&A session will be available as well as written Q&A through a box on the console, where attendees can type in their questions. We will read and answer selected questions verbally. Slides and Audio Webcast: There will also be a live, and then archived, webcast of the conference call, available through the Company’s website. Participants in the live webcast should register on the website approximately 10 minutes prior to the start of the webcast. The webcast can be found at: https://events.q4inc.com/attendee/744691839 Webcast will be available on-demand via the same address as the live event afterwards. Investor Relations – Itaú Chile +56 (2) 2660-1701 / IR@itau.cl / ir.itau.cl

Itau.cl Itaú Chile Itauchile itauchile Management Discussion & Analysis and Complete Balance sheet & income statements 1Q23

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3 Itaú 5 20 22 24 44 34 50 53 Additional Information Complete Balance sheet & income statements 61 Report of Independent Auditors Table of Contents Management Discussion & Analysis Income Statement and Balance Sheet Analysis Managerial results - Breakdown by country Managerial results - Breakdown for Chile Managerial results - Breakdown for Colombia Balance Sheet Risk and Capital Management Access here 7 Executive Summary

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Management Discussion & Analysis

6 Itaú This report is based on Itaú reviewed financial statements for 1Q23, 4Q22 and 1Q22 prepared in accordance with the Com-pendium of Accounting Standards issued by the Chilean Commission for the Financial Market (Comisión para el Mercado Financiero, or “CMF”) pursuant to Chilean Generally Accepted Accounting Principles (Chilean GAAP), which conform with the International Financial Reporting Standards issued by the International Accounting Standards Board (IASB) to the extent that there are not specific instructions or regulations to the contrary issued by the CMF. Solely for the convenience of the reader, U.S. dollar amounts (US$) in this report have been translated from Chilean nominal peso (Ch$) at our own exchange rate as of March 31, 2023 of Ch$792.92 per U.S. dollar. Industry data contained herein has been obtained from the information provided either by the CMF or the Colombian Superintendency of Finance (Superintendencia Financiera de Colombia, or “SF”). Certain figures included in this Quarterly Report for the three months ended March 31, 2023 and 2022, for the three months ended December 31, 2022 and for the twelve-month periods ended March 31, 2023 and 2022 have been rounded for ease of presentation. Percentage figures included in this Quarterly Report have in all cases not been calculated on the basis of such rounded figures but on the basis of such amounts prior to rounding. For this reason, percentage amounts in this Quarterly Report may vary slightly from those obtained by performing the same calculations using the figures in our consolidated financial statements and our managerial information. Certain other amounts that appear in this Quarterly Report may similarly not sum due to rounding. As used in this MD&A Report, the term “billion” means one thousand million (1,000,000,000) and the term “trillion” means one million million (1,000,000,000,000).

Executive Summary 01 Management Discussion & Analysis and Complete Balance sheet & income statements

8 Itaú Management Discussion & Analysis Executive Summary Results Performance Balance Sheet Competitive Environment Itaú operates in the financial market registering its headquarters in Chile, complemented by its operations in Colombia and Panama, a branch in New York and a representative office in Lima, Peru. It seeks to offer its clients a complete set of financial solutions that include credit products, investment, insurance, among other financial services, complemented by a multichannel service model covering the provision of physical and digital branches, as well as mobile channels (APP and web). Financial Industry Results Loan growth At the end of the first quarter of 2023, the financial system in Chile reached a total of Ch$226.0billion (excluding operations in Colombia and BCI Florida), presenting a growth of 0.4% compared to the previous quarter, driven by a larger mortgage portfolio; while compared to the same period of 2022, the system registers a growth of 9.3%, a variation that considers an increase of 13.6% in mortgage and 6.8% in com-mercial loans, both portfolios register impacts derived from the appreciation of the peso against the USD and the higher inflation between the comparative period. In relation to the composition of the portfolio, 54.0% of the total is explained by commercial loans, while mortgage increases its presence within the total portfolio reaching 33.7% and consumer loans remains at 12.3%. On the other hand, in the comparison in 12 months, the greater presence of mortgage portfolio stands out in the composition of the total loans of the system, which went from explaining 32.5% of the total portfolio to 33.7% in 2023. Regarding the liabilities portfolio, at the end of March the industry the industry totaled Ch$345.8 billion, a decrease of 0.2% compared to the previous quarter and a growth of 8.6% compared to 1Q22. In relation to the composition of the portfolio, the trend in demand deposits stands out, which at the industry level maintains a rate of decrease, totaling Ch$63.9 billion in the quarter, presenting a decrease of 5.0% compared to the previous quarter and 19.4% compared to the same period of 2022. Itaú Chile achieved a market share of 10.0% in its portfolio of total loans, 11.3% in commercial loans, 8.7% in consumer and 8.5% in mortgage loans, presenting a decrease of 5bp in total participation compared to what was observed at the end of the previous quarter, despite consumer loans totaling an improvement of 25bp in market share of placements between the 12 months compared, Itaú is one of the banks with the highest growth in its portfolio of consumer loans in this period. In relation to the liabilities portfolio, Itaú maintained its total market share of liabilities, closing the quarter at 9.4%, improving by 13bp compared to the previous quarter and 45bp compared to 1Q22, highlighting the improvement in the share of demand deposits. trillion (1Q23/4Q22) (1Q23/1Q22) Commercial 54.0% Consumer 12.3% Mortgage 33.7% +0.4% +9.3% Loans Ch$ 226.0 Deposits and other demand liabilities 18.5% Time deposits 30.6% Bonds 18.8% Other financial liabilities 32.1% Liabilities growth trillion (1Q23/4Q22) (1Q23/1Q22) -0.2% +8.6% Liabilities Ch$ 345.8

9 Itaú Management Discussion & Analysis Executive Summary Balance Sheet Competitive Environment Macroeconomic scenario 3.40% 3.50% 3.50% 1.80% 1.80% 3.40% 1.80% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 7.00% 9.00% 10.75% 11.25% 11.25% 7.00% 11.25% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 CPI TPM Performance Balance Sheet Results During 1Q23 activity indicators surprised to the upside amid resilience shown in services as employment registered growth at the margin and real wages increased, supporting the wage bill. Meanwhile, core inflationary pressures remain elevated, while headline inflation is falling. Headline CPI by the end of 1Q23 fell to 11.1%, down from 12.8% as of December and the 14.1% August peak. Core inflation, however, remained sticky at 10.8% at the margin reflecting the significant price inertia in the economy along with activity dynamics that improved. For its part, the Central Bank maintained the policy rate at 11.25% throughout 1Q23, reinforcing a cautious forward guidance. With activity and core inflation surprising the Central Bank to the upside, pointing to a more gradual closing of the positive output gap than expected in the December IPoM. In this sense, guidance points to a gradual rate cut cycle beginning in 3Q23. On the political stage, the government’s tax reform was unexpectedly rejected by the lower house in March. Following this outcome, the measures of the rejected tax reform cannot be presented in congress again for the next 12 months. Meanwhile, the initiative that allowed for a self-loan from pension fund savings was overwhelmingly rejected by the lower house floor, closing the discussion on the matter for the next 12 months. However, the one-year hiatus for the pension fund withdrawal discussion will be met on April 18, suggesting political noise will remain elevated as some congress-men prepare to present new withdrawals. Whereas, Stronger activity and current inflation data are consistent with a slower disinflation path than we were previously expecting. We see inflation by the end this year at 4.5%. We see the beginning of the easing cycle occurring in July, and consider a cautious cutting pace that results in a year-end rate of 9.25% and 4.75% next year. The activity started the year 2023 strongly, driven by services, however, tight monetary policy could suggest that this upswing is likely to be tempo-rary. Inflation remains high, while food prices are correcting downwards, core inflation continues on an upward trend. Considering this, the Central Bank’s board determined, unanimously, a 25bp hike in March rates, bringing the monetary policy rate to 13.0%. The increase was below the previous meeting's 75 bps increase. Both the press release and the press conference noted that the board is open to further hikes if inflation surprises to the upside, but also suggested that the cycle could be over if headline inflation data shows it has peaked, food inflation continues to fall and inflation expectations consolidate into a downward trend. During the quarter, the government continued with the progress of the reform proposals promised in its presidential campaign, such as the pension reform (presented to Congress), the labor reform that would generate an increase in hiring costs of 13.3% and the health reform that faced a setback in Congress, several parties within Petro's coalition have distanced themselves from a reform that seeks to increase the role of the Status in primary care. We expect growth of 0.6% by 2023, slowing from the 7.5% increase in 2022. Despite a better-than-expected impression of activity, high rates, a slowdown in the global economy and high political uncertainty support the slowdown in activity this year, with a disinflation process that will be slow amid underlying pressures that would lead to a rate of 9.3% at the end of 2023 (13.1% in 2022). We expect rates to remain stable for most of 2023 and the policy rate to remain stable by the end of this year, with cuts starting only in 4Q23. Macroeconomic scenario 4.30% 2.60% 2.76% 2.75% 4.49% 4.30% 4.49% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 4.00% 6.00% 10.00% 12.00% 13.00% 4.00% 13.00% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 CPI TPM

10 Itaú Management Discussion & Analysis Executive Summary In Ch$ million (except where indicated), end of period 1Q23 4Q22 1Q22 3M23 3M22 Recurring Net Income 78,763 83,542 110,845 78,763 110,845 Operating Revenues 337,283 372,924 317,011 337,283 317,011 1 Managerial Financial Margin 288,446 325,413 271,323 288,446 271,323 Recurring Return on Tangible Avg. assets (RoTAA) 2 3 0.8% 0.8% 1.2% 0.8% 1.2% Recurring Return on Tangible Avg. equity (RoTAE) 11.4% 12.4% 16.9% 11.4% 16.9% Recurring Return on Avg. assets (RoAA) 2 0.7% 0.8% 1.1% 0.7% 1.1% Recurring Return on Avg. equity (RoAE) 2 5 9.0% 9.6% 13.2% 9.0% 13.2% Risk Index (Loan loss allowances / Total loans) 3.3% 2.7% 3.1% 3.3% 3.1% Non-performing Loans Ratio 90 days overdue (NPL) - Total 2.1% 2.0% 1.8% 2.1% 1.8% Non-performing Loans Ratio 90 days overdue (NPL) - Chile 2.1% 1.9% 1.6% 2.1% 1.6% Non-performing Loans Ratio 90 days overdue (NPL) - Colombia 2.4% 2.4% 2.9% 2.4% 2.9% Coverage Ratio (Loan Losses/NPL 90 days overdue) - Total 131.3% 137.7% 169.0% 131.3% 169.0% Efficiency Ratio (Non-interest expenses / Operating revenues) 49.1% 54.0% 49.0% 49.1% 49.0% Risk-Adjusted Efficiency Ratio (RAER) 6 76.4% 82.5% 62.6% 76.4% 62.6% Total Assets 40,867,781 40,504,299 37,618,601 Gross Total Credit Portfolio 26,518,153 26,627,225 24,839,147 Total Deposits 18,159,923 18,258,838 17,499,666 Loan Portfolio / Total Deposits 146.03% 145.83% 141.94% Shareholders Equity 3,361,783 3,320,109 3,136,852 Tangible Equity 4 2,818,547 2,659,584 2,543,947 Headcount 7 7,461 7,558 7,816 Chile 5,144 5,163 5,177 Colombia 2,317 2,395 2,639 Branches 8 247 253 272 Chile 177 179 186 Colombia 70 74 86 ATM –Automated Teller Machines 257 462 477 Chile 153 359 370 Colombia 104 103 107 Notes: (1) Operating Revenues = Managerial Financial Margin + Commissions and fees. (2) Annualized figures when appropriate. (3) Total tangible assets = Total assets excluding goodwill and intangibles from business combination. (4) Tangible equity = Shareholders equity - goodwill - intangibles from business combination - related deferred tax liabilities; for further details see page 48 of this report. (5) Equity = Shareholders equity. (6) Starting 3Q19 we are adding the cost of credit to the non-interest expenses for the calculation of the risk-adjusted efficiency ratio, instead of deducting it from the operating revenues. Previous quarters have been recalculated for comparison purposes. (7) Headcount for Chile includes employees of our New York branch and since 1Q18 also from our RepOffice in Lima; and headcount for Colombia includes employees of Itaú (Panamá). (8) Branches for Chile include one branch in New York and branches for Colombia include one office in Panama. Results Performance Balance Sheet Other Itaú Financial Information The financial information included in this Management Discussion & Analysis Report (“MD&A Report”) is based on our managerial model that we adjust for non-recurring events and for additional reclassifications of P&L lines in order to provide a better understanding of our performance. Please refer to pages 12, 13 and 14 of this report for further details on our managerial model. Below we present the consolidated managerial and operating information of Itaú for the three months ended March 31, 2023 and 2022, for the three months ended December 31, 2022 and as of March 31, 2023 and 2022. Financial Highlights

11 Itaú Management Discussion & Analysis Executive Summary Highlights Indicators In Ch$ million (except where indicated), end of period 1Q23 4Q22 1Q22 3M23 3M22 Total Outstanding shares (Thousands) 973,517.87 973,517.87 973,517.87 973,517.87 973,517.87 Book Value per share (Ch$) 3.453 3.410 3.222 3.453 3.222 Diluted Recurring Earnings per share (Ch$) 0.081 0.086 0.114 0.081 0.114 Accounting Diluted Earnings per share (Ch$) 0.077 0.081 0.109 0.077 0.109 Diluted Recurring Earnings per ADR (US$) 0.153 0.151 0.217 0.153 0.217 Accounting Diluted Earnings per ADR (US$) 0.145 0.143 0.208 0.145 0.208 Dividend (Ch$ million) n.a. n.a. 277,806 n.a. 277,806 Dividend per share (Ch$) n.a. n.a. 0.086 n.a. 0.086 Market capitalization (Ch$ billion) 1,907.12 1,820.48 1,703.66 1,907.12 1,703.66 Market capitalization (US$ billion) 2.4 2.1 2.2 2.4 2.2 Solvency Ratio - BIS Ratio 9 15.26% 15.31% 15.49% 15.26% 15.49% Shareholders' equity / Total assets 8.23% 8.20% 8.34% 8.23% 8.34% Shareholders' equity / Total liabilities 8.96% 8.93% 9.10% 8.96% 9.10% Ch$ exchange rate for US$1.0 792.92 854.31 785.6 792.92 785.6 COP exchange rate for Ch$1.0 0.1713 0.1761 0.2094 0.1713 0.2094 Monetary Policy Interest Rate - Chile 10 11.3% 11.3% 7.0% 11.3% 7.0% Monetary Policy Interest Rate - Colombia 10 13.0% 12.0% 4.0% 13.0% 4.0% Quarterly UF variation - Chile11 1.3% 2.5% 2.4% 1.3% 2.4% Quarterly CPI variation - Chile 1.8% 1.8% 3.4% 1.8% 3.4% Quarterly CPI variation - Colombia 4.5% 2.8% 4.3% 4.5% 4.3% Indicators Highlights Notes: (9) BIS Ratio= Regulatory capital / RWA, according to CMF current definitions. (10) End of each period. (11) UF (Unidad de Fomento) is an official unit of account in Chile that is constantly adjusted for inflation and widely used in Chile for pricing several loans and contracts. The monitoring and management of Itaú's performance is carried out through the monitoring of critical financial indicators such as its level of Efficiency, delinquency rates, RoTE and return on capital, among others, which are analyzed in detail in this quarterly disclosure document. Regarding the measurement of “non-financial” indicators, Itaú continuously monitors key variables within the framework of its vision as a leading bank in sustainable performance and customer satisfaction, highlighting the measurements of NPS (Net Promoter Score, adopted since 2019), staff turnover rates, gender composition, climate measurements, shared value and social impact, among others; indicators that are presented and analyzed on a recurring basis in the annual disclosures of the Bank's Annual Report (see details in Annual Report 2022 available in https://s2.q4cdn.com/476556808/files/doc_financials/2022/ar/ITCB-Memoria-Integrada-Annual-2022.pdf)

12 Itaú Management Discussion & Analysis Executive Summary Highlights Indicators Indicators Highlights In Ch$ million 1Q23 4Q22 1Q22 3M23 3M22 Net Income Attributable to Shareholders (Accounting) 74,783 79,278 106,146 74,783 106,146 Non-Recurring Events 3,981 4,265 4,699 3,981 4,699 (a) Transaction Costs - - 705 - 705 (b) Goodwill impairment and amortization/impairment of intangible generated through business combinations 5,424 5,424 5,424 5,424 5,424 (c) Other Costs 29 419 308 29 308 Tax Effects (1,472) (1,577) (1,738) (1,472) (1,738) Recurring Net Income Attributable to Shareholders (Managerial) 78,763 83,542 110,845 78,763 110,845 Non-Recurring Events Net Income and Recurring Net Income Events that we have considered non-recurring correspond to: (a) Transaction Costs: Costs related to the closing of the merger between Banco Itaú Chile and Corpbanca, such as investment banks, legal advisors, auditors and other related expenses. (b) Goodwill impairment and amortization/impairment of intangible generated through business combinations: Amortization of intangi-bles arising from business combination, such as customer relationships. (c) Other Costs: Mainly due to provisions related to the systems consolidation process generated in the Itaú integration and costs related to the capital increase made by the Bank. Our recurring net income attributable to shareholders totaled Ch$78,763 million in the first quarter of 2023, compared to an accounting net income of Ch$74,783 million for the same period, as non-recurring items are being subtracted. Figures are presented in the following table:

13 Itaú Management Discussion & Analysis Executive Summary Managerial Income Statement U.S. dollar Colombian peso Ch$ 792.92 Ch$ 0.1713 -7.2% +0.9% (1Q23/1Q22) -2.8% (1Q23/4Q22) -18.2% (1Q23/1Q22) Our managerial financial model reflects how management measures and analyzes financial performance by disaggregating commercial perfor-mance, financial risk management, credit risk and costs control. For our managerial results, we adjust for non-recurring events that affect accounting net income (as detailed on the previous page) and apply managerial criteria to disclose our income statements. Regarding the latter, our managerial criteria affects the breakdown of our income statement but does not impact our net income. Among the managerial adjustments, we highlight the tax effects of the hedge of our invest-ments abroad, originally accounted for as income tax expense on our Net Income and subsequently reclassified as financial margin, the reclassifi-cation of foreign exchange hedge positions of US dollars denominated provisions, the reclassification of country-risk provisions, the provisions for assets received in lieu of payment, provisions and write-off of assets received in lieu of payment, and the reclassification of provisions for our credit card loyalty program. These reclassifications enable us to carry out a business analysis from management’s perspective. Beginning with the first quarter of 2019 we have been disclosing our income statement in the same manner as we do internally, incorporating additional P&L reclassifications. One important change to highlight would be the Managerial Financial Margin disclosure as it is shown in the table on page 14 (Accounting and Managerial State-ments Reconciliation) of this report together with our previous P&L reclassifications. With regards to the hedging of investments abroad, our strategy for foreign exchange risk management is aimed at mitigating t he effects of foreign exchange variations through financial instruments and includes the impact of all tax effects. As the consolidated financial statements for Itaú uses the Chilean peso as its functional currency, foreign currencies are tr anslated into Chilean peso. In the first quarter of 2023, the Chilean peso appreciated 2.8% against the Colombian peso, compared to an appreciation of 16 .1% in the previous quarter. Additionally, the Chilean peso showed an appreciation of 7.2% against the dollar and a devaluation of 0 .9% compared to the first quarter of 2022. Approximately 28% of our loan portfolio is denominated or indexed to foreign currencie s. We present below the foreign exchange variation of the Chilean peso against the U.S. dollar and the Colombian peso: For tax purposes, the Chilean Internal Revenue Service (Servicio de Impuestos Internos or “SII”) considers that our investment in Colombia is denominated in U.S. dollars, which based on the exchange rates of each of disburse-ments (not current exchange rates) is US$2,210 million. This amount considers the acquisition of shares of Itaú Colombia from Helm LLC and Kresge Stock Holding Company announced to the market in December 3, 2019 for approximately US$334 million and the acquisition of an additional 12.36% share ownership in Itaú Colombia on February 22, 2022 for approximately US$414 million. As we have to translate the valuation of this investment from U.S. dollar to Chilean peso in our books each month, the volatility of the exchange rate generates an impact in the net income attributable to shareholders. In order to limit that effect, management has decided to hedge this exposure with derivatives to be analyzed along with income tax expenses. In addition to the New York Branch, in the first quarter of 2020, management decided to consider other investments in its hedge strategy with derivatives, also to be analyzed along with income tax expenses (total exposure US$182 million). (1Q23/4Q22) Main foreign exchange variations of the Chilean peso

14 Itaú Management Discussion & Analysis Executive Summary We present below a detailed reconciliation from our accounting income statements to our managerial income statements before adding/deducting non-recurring events as previously described. Even though the example below has been prepared with 1Q23 figures, it can be used to replicate any period: Managerial Income Statement in Ch$ million 1Q23 in Ch$ million 1Q23 1 Interest Income 804,735 Operating Revenues 298,789 1 Interest Expense (546,197) 1 Managerial Financial Margin 231,978 Net Interest Income 258,538 Financial Margin with Clients 324,696 2 Fees and commission income 66,810 Financial Margin with the Market (92,718) 4 Fees and commission expense (21,230) 2 Commissions and Fees 66,810 Net fee and commission income 45,581 3 Cost of Credit (90,426) 1 Total financial transactions, net (31,462) Provision for Loan Losses (103,088) 1 Other operating income 3,166 Recovery of Loans Written Off as Losses 12,662 Total operating income 275,823 Credit Value Adjustment (or “CVA”; ratings and colla-terals effects) - 3 Provision for Loan Losses (103,123) 4 Non-interest Expenses (193,195) 3 Recoveries from loans written-off as losses 12,662 Personnel Expenses (78,911) 3 Result of non-current assets 35 Administrative Expenses (89,317) Net operating income 185,397 Depreciation, Amortization and Impairment (24,967) 4 Personnel expenses (78,911) Income before Tax and Minority Interests 15,168 4 Administrative expenses (65,540) 5 Income tax expense 59,628 4 Depreciation and amortization (24,966) 6 Minority Interests in Subsidiaries (12) 4 Impairments (0) Net Income attributable to Shareholders 74,783 4 Other operating expenses (2,547) Total operating expenses (171,965) Operating Income 13,431 1 Income from investments in other companies 1,737 Income before taxes 15,168 5 Income tax expense 59,628 Net Income 74,795 6 Minority interests (12) Net Income attributable to Shareholders 74,783

15 Itaú Management Discussion & Analysis Executive Summary Accounting and Managerial Income Statements Reconciliation In Ch$ million Accounting Managerial Reclassifications Tax Effect of Hedge Non-recurring Events Managerial Operating Revenues 298,789 (20,301) 58,796 - 337,283 Managerial Financial Margin 231,978 (2,328) 58,796 - 288,446 Financial Margin with Clients 324,696 (14,850) - - 309,846 Financial Margin with the Market (92,718) 12,522 58,796 - (21,400) Commissions and Fees 66,810 (17,973) - - 48,838 Cost of Credit (90,426) (1,792) - - (92,218) Provision for Loan Losses (103,088) (3,951) - - (107,039) Recovery of Loans Written Off as Losses 12,662 2,271 - - 14,933 Credit Value Adjustment (or “CVA”; ratings and collaterals effects) - (113) - - (113) Non-interest Expenses (193,195) 22,208 - 5,453 (165,535) Personnel Expenses (78,911) 1,774 - - (77,137) Administrative Expenses (89,317) 15,610 - 29 (73,678) Depreciation, Amortization and Impairment (24,967) 4,823 - 5,424 (14,720) Income before Tax and Minority Interests 15,168 114 58,796 5,453 79,531 Income Tax Expense 59,628 96 (58,796) (1,472) (544) Minority Interests in Subsidiaries (12) (210) - - (223) Recurring Net Income 74,783 - - 3,981 78,763 Accounting and Managerial Income Statements Reconciliation | 1 st Quarter of 2023 Accounting and Managerial Income Statements Reconciliation | 4 th Quarter of 2022 In Ch$ million Accounting Managerial Reclassifications Tax Effect of Hedge Non-recurring Events Managerial Operating Revenues 309,589 (29,041) 92,376 - 372,924 Managerial Financial Margin 242,241 (9,203) 92,376 - 325,413 Financial Margin with Clients 352,851 (26,160) - - 326,690 Financial Margin with the Market (110,610) 16,957 92,376 - (1,277) Commissions and Fees 67,349 (19,838) - - 47,511 Cost of Credit (102,214) (4,003) - - (106,217) Provision for Loan Losses (139,633) 15,729 - - (123,904) Recovery of Loans Written Off as Losses 37,419 (19,557) - - 17,862 Credit Value Adjustment (or “CVA”; ratings and collat-erals effects) - (175) - - (175) Non-interest Expenses (240,387) 33,151 - 5,842 (201,394) Personnel Expenses (99,409) 3,988 - - (95,420) Administrative Expenses (114,951) 22,949 - 418 (91,584) Depreciation, Amortization and Impairment (26,027) 6,213 - 5,424 (14,390) Income before Tax and Minority Interests (33,012) 107 92,376 5,842 65,313 Income Tax Expense 112,291 (166) (92,376) (1,577) 18,171 Minority Interests in Subsidiaries (2) 59 - - 57 Recurring Net Income 79,278 - - 4,264 83,542

16 Itaú Management Discussion & Analysis Executive Summary We present below the managerial income statements with the reclassification and non-recurring adjustments described above: 1 sr quarter of 2023 Income Statement In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Operating Revenues 337,283 372,924 -9.6% (35,641) 317,011 6.4% 20,273 337,283 317,011 6.4% 20,273 Managerial Financial Margin 288,446 325,413 -11.4% (36,967) 271,323 6.3% 17,123 288,446 271,323 6.3% 17,123 Financial Margin with Clients 309,846 326,690 -5.2% (16,845) 248,560 24.7% 61,286 309,846 248,560 24.7% 61,286 Financial Margin with the Market (21,400) (1,277) 1575.9% (20,123) 22,763 - (44,163) (21,400) 22,763 - (44,163) Commissions and Fees 48,838 47,511 2.8% 1,327 45,688 6.9% 3,150 48,838 45,688 6.9% 3,150 Cost of Credit (92,218) (106,217) -13.2% 13,998 (42,961) 114.7% (49,257) (92,218) (42,961) 114.7% (49,257) Provision for Loan Losses (107,039) (123,904) -13.6% 16,865 (58,398) 83.3% (48,641) (107,039) (58,398) 83.3% (48,641) Recovery of Loans Written Off as Losses 14,933 17,862 -16.4% (2,929) 15,691 -4.8% (758) 14,933 15,691 -4.8% (758) Credit Value Adjustment (or “CVA”; ratings and collaterals effects) (113) (175) -35.6% 62 (255) -55.7% 142 (113) (255) -55.7% 142 Non-interest Expenses (165,535) (201,394) -17.8% 35,859 (155,352) 6.6% (10,183) (165,535) (155,352) 6.6% (10,183) Personnel Expenses (77,137) (95,420) -19.2% 18,283 (72,981) 5.7% (4,156) (77,137) (72,981) 5.7% (4,156) Administrative Expenses (73,678) (91,584) -19.6% 17,906 (70,457) 4.6% (3,221) (73,678) (70,457) 4.6% (3,221) Depreciation. Amortization and Impairment (14,720) (14,390) 2.3% (330) (11,914) 23.6% (2,806) (14,720) (11,914) 23.6% (2,806) Income before Tax and Minority Interests 79,531 65,313 21.8% 14,217 118,698 -33.0% (39,167) 79,531 118,698 -33.0% (39,167) Income Tax Expense (544) 18,171 - (18,716) (7,613) -92.8% 7,068 (544) (7,613) -92.8% 7,068 Minority Interests in Subsidiaries (223) 57 - (280) (240) -7.4% 18 (223) (240) -7.4% 18 Recurring Net Income 78,763 83,542 -5.7% (4,779) 110,845 -28.9% (32,081) 78,763 110,845 -28.9% (32,081)

17 Itaú Management Discussion & Analysis Executive Summary Return on Average Tangible Equity1 Recurring Net Income Results Net income analysis presented below is based on the Managerial Income Statement with the adjustments shown on pages 12 and 13 : Ch$ 78.8 billion for the 1Q23 Highlights in 1Q23 For further details by country see page 40 Highlights of the quarter The Recurring Net Income amounted to Ch$78.8 billion in the first quarter of 2023, presenting a decrease of 5.7% compared to the previous quarter and a decrease of 28.9% compared to the same period of 2022. As a result, Return on Average Tangible Equity reached 11.4% as of March 31, 2023. In Chile, the Recurring Net Income totaled Ch$84.3 billion, 18.8% lower than the previous quarter, as a result of the 14.6% decrease in Operat-ing Revenues, mainly Financial Margin with Market; partially offset by lower Non-interest Expenses by 19.6% and 11.7% in the Cost of Credit. Compared to the same period of 2022, the Recurring Net Income of this quarter registered a reduction of 24.6%, due to a higher Cost of Credit registered in 1Q23. In constant currency, Colombia's Recurring Net Income totaled a loss of Ch$5.5 billion, improving on the result observed in the previous quar-ter, from the higher generation of revenues and decreases in Non-interest Expenses and Cost of Credit (downgrades and write-off of commercial loans in 4Q22); while, compared to 1Q22, the results show a decrease that is due to an increase in Non-interest and higher Cost of Credit . 11.4% The annualized recurring return on average tangible equity reached 11.4% in the first quarter of 2023, 1.0 percentage points below the value recorded in the previous quarter and 5.5 percentage points lower than the ratio observed in the first quarter of 2022. The average tangible shareholders equity totaled Ch$2,762.4 billion, representing an increase of 2.6% compared to the last quarter and 5.5% increase compared to the same period of 2022, growth that is based on the higher results obtained during 2022. Annualized recurring return on average assets ex-goodwill and ex-intangibles generated in business combination reached 0.8% in the first quarter of 2023, showing a decrease of 3.1bps compared to the previous quarter and a decrease of 41.6bps compared to the first quarter of 2022, given the 28.9% reduction in Recurring Net Income in 1Q23. For further details by country see page 48 (1) Tangible Equity: Shareholders equity net of goodwill, intangibles from business combination and related deferred tax liabilities. Ch$ million 110,845 145,370 117,107 83,542 78,763 1Q22 2Q 22 3Q 22 4Q22 1Q23 -5.7% -28.9% 110,845 78,763 3M22 3M23 -28.9% 16.9% 22.1% 17.6% 12.4% 11.4% 16.9% 11.4% 1.2% 1.5% 1.2% 0.8% 0.8% 1.2% 0.8% 1 0. 0% 1 5.0% 20. 0% 25. 0% 30. 0% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 -3.0% -2.0% -1 .0% 0.0% 1 .0% 2.0% 3.0% Annualized Recurring Return on Average Equity (quarterly) Annualized Recurring Return on Average Assets (quarterly) -5.5p.p -1.0p.p -5.5p.p

18 Itaú 42,961 74,590 90,888 106,217 92,218 42,961 92,218 0.7 1.2 1.4 1.6 1.6 0.7 1.6 - 2. 0 - 1. 6 - 1. 2 - 0. 8 - 0. 4 - 0.4 0.8 1 .2 1 .6 2.0 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 - 10,000 1 0, 00 30,00 50,00 70,00 90,00 1 10,000 1 30,000 1 50,000 Cost of credit (Ch$ million) +93.6pb +6.0pb +93.6pb Financial Margin with Clients Cost of Credit Ch$ 309.8 billion For further details by country see pages 25 and 35 Ch$ 92.2 billion Commissions and Fees Efficiency Ratio For further details by country see pages 27 and 37 49.1% The Financial Margin with Clients decreased by 5.2% in the first quarter of 2023, compared to the previous period, due to specific results recorded in Chile during the previous quarter (annual sale of student portfolio-CAE) and the incidence of a lower number of accrual days in 1Q23, among other effects. When compared to the first quarter of 2022, our Financial Margin with Clients increased by 24.7%, due to the growth of asset and liability portfoli-os and the higher value of the average TPM in force in both Chile and Colombia and its effects on the profitability of liabilities and capital. In the first quarter of 2023, the Bank's Efficiency ratio showed a reduction of 4.9 percentage points compared to the previous quarter, totaling 49.1%, a variation that is due to the 17.8% decrease in Non-interest Expenses (lower expenses in Chile and Colombia), a variation that offset the 9.6% decrease in Operating Revenues. When compared to the first quarter of 2022, the Efficiency ratio remained practically unchanged (increase of 0.07 percentage points), due to the 6.4% increase in Operating Revenues, driven by higher results in Financial Margin with Clients, derived from the growth of asset and liability portfolios and the effects of the increase in the TPM on the profitability of some balance sheet items. In the first quarter of 2023, the Cost of Credit presented a decrease of 13.2% compared to the previous quarter, due to specific effects registered in Chile and Colombia in 4Q22 that meant an increase in expenditure due to the application of downgrades in cases of Wholesale clients, increase in com-mercial write-off and the recognition of additional provisions (in the case of Chile). When compared to the first quarter of 2022, the Cost of Credit increased by 114.7%, since in the first months of the previous year positive effects were still reflected in the Cost of Credit, as a result of the economic support applied during the COVID 19 pandemic, basically in Chile. 45,688 49,085 51,322 47,511 48,838 1Q22 2Q22 3Q22 4Q22 1Q23 45,688 48,838 3M22 3M23 +2.8% +6,9% +6,9% Ch$ 48.8 billion In the first quarter of 2023, Commissions and Fees income increased by 2.8% compared to the previous period and an increase of 6.9% compared to the first quarter of 2022, driven by higher results recorded in Financial Advisory services developed in Chile and Colombia (basically Wholesale clients), in addition to higher commissions obtained in credit and contingent opera-tions from Colombia's commercial activity (details on page 37). For further details by country see pages 32 and 42 Management Discussion & Analysis Executive Summary For further details by country see pages 28 and 38 248,560 276,190 305,804 326,690 309,846 248,560 309,846 3.20 3.46 3.67 3.90 3.90 3.20 3.90 - 3. 0 - 2. 0 - 1. 0 - 1 .00 2.00 3.00 4.00 1 50,000 200, 00 250, 00 300, 00 350, 00 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23 Financial Margin with Clients Financial margin with clients (annualized average rate) +70.2pb +0.3pb +70.2pb Ch$ million Ch$ million Ch$ million +0.07% +0.07% -4,93% 49.0% 45.3% 47.8% 54.0% 49.1% 49.0% 49.1% 1Q22 2Q22 3Q22 4Q22 1Q23 3M22 3M23

19 Itaú Management Discussion & Analysis Executive Summary Forecast The historical results, the analysis of the trends observed in critical business variables (levels of portfolio growth, retur ns, risk and expense control, among others), capital requirements; as well as the analysis and continuous review of the general environmen t in which the Bank's commercial activity is carried out (macroeconomic, social, regulatory, etc.) constitute the basis for the de finition of the financial objectives generated in the annual strategic planning process, which are finally translated into the measuremen t of Forecast that establishes the base framework for the development and focus of the commercial actions of the year. In this way, the expectation for the year 2023 is as follows: Although the growth plans and projections of results presented above are based on management assumptions and information avai lable in the market at the beginning of 2023, these expectations involve inaccuracies and risks that are difficult to anticipate and there may be, therefore, results or consequences that differ from those anticipated. This information is not a guarantee of future performance. The use of the se expectations should take into consideration the risks and uncertainties that involve any activities and that are beyond our control. These risks and uncertainties include, but are not limited to, our ability to perceive the dimension of the synergies projected and their timing, political and econ omic changes, volatility in interest and foreign exchange rates, technological changes, inflation, financial disintermediation, competitive pressures on products, prices and changes in tax legislation, among others. (1) Net provision for credit & counterparty risks in line with inflation stable as interest rates rise mid single digit Financial margin with clients average rate Loan growth Cost of credit risk1 Non-Interest Expenses growth range from 1.0% to 1.5% Expected

Income Statement and Balance Sheet Analysis 02 Management Discussion & Analysis and Complete Balance sheet & income statements

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22 Itaú Management Discussion & Analysis Income Statement Analysis Managerial Results | Breakdown by Country The financial results of Itaú in Chile include some expenses associated with our Colombian operations. To provide a clear view of the contribution of each operation to the consolidated financial results we have reclassified from Chile to Colombia: • The cost of derivative structures used to hedge the investment and its related tax effects; and • Other results and overhead costs from Colombia in Chile. For more details on managerial information, please refer to pages 12, 13 and 14 of this report. Highlights In this section, we present and analyze our results from the operations in Chile and in Colombia separately for 1Q23, 4Q22 an d 1Q22: 1Q23 4Q22 Change In Ch$ million Consolidated Chile Colombia1 Consolidated Chile Colombia1 Consolidated Chile Colombia1 Operating Revenues 337,283 291,014 57,566 372,924 340,932 57,154 -9.6% -14.6% 0.7% Managerial Financial Margin 288,446 250,576 49,166 325,413 300,305 50,270 -11.4% -16.6% -2.2% Financial Margin with Clients 309,846 238,213 71,633 326,690 253,227 73,463 -5.2% -5.9% -2.5% Financial Margin with the Market (21,400) 12,363 (22,467) (1,277) 47,078 (23,193) 1575.9% -73.7% -3.1% Commissions and Fees 48,838 40,437 8,400 47,511 40,627 6,884 2.8% -0.5% 22.0% Cost of Credit (92,218) (76,460) (15,759) (106,217) (86,579) (19,638) -13.2% -11.7% -19.8% Provision for Loan Losses (107,039) (87,402) (19,637) (123,904) (99,759) (24,145) -13.6% -12.4% -18.7% Recovery of Loans Written Off as Losses 14,933 11,056 3,878 17,862 13,355 4,507 -16.4% -17.2% -14.0% Credit Value Adjustment (or “CVA”; ratings and collaterals effects) (113) (113) - (175) (175) - -35.6% -35.6% 0.0% Non-interest Expenses (165,535) (124,764) (40,770) (201,394) (155,107) (46,287) -17.8% -19.6% -11.9% Personnel Expenses (77,137) (58,987) (18,150) (95,420) (74,829) (20,592) -19.2% -21.2% -11.9% Administrative Expenses (73,678) (54,251) (19,427) (91,584) (68,621) (22,963) -19.6% -20.9% -15.4% Depreciation, Amortization and Impairment (14,720) (11,527) (3,193) (14,390) (11,658) (2,732) 2.3% -1.1% 16.9% Income before Tax and Minority Interests 79,531 89,790 1,037 65,313 99,246 (8,771) 21.8% -9.5% -111.8% Income Tax Expense (544) (5,361) 1,767 18,171 4,462 6,916 -103.0% -220.2% -74.5% Minority Interests in Subsidiaries (223) (108) (114) 57 73 (16) -487.8% -247.8% 619.2% Costs of hedge positions - - (8,246) - - (18,368) 0.0% 0.0% -55.1% Recurring Net Income 78,763 84,321 (5,557) 83,542 103,781 (20,239) -5.7% -18.8% -72.5% Recurring Return on Managerial Tangible Equity 11.4% 13.9% -6.5% 12.4% 17.7% -15.5% -101 pbs -377 pbs 897 pbs 1Q23 1Q22 Change In Ch$ million Consolidated Chile Colombia1 Consolidated Chile Colombia1 Consolidated Chile Colombia1 Operating Revenues 337,283 291,014 57,566 317,011 264,941 58,489 6.4% 9.8% -1.6% Managerial Financial Margin 288,446 250,576 49,166 271,323 226,131 51,610 6.3% 10.8% -4.7% Financial Margin with Clients 309,846 238,213 71,633 248,560 193,145 55,415 24.7% 23.3% 29.3% Financial Margin with the Market (21,400) 12,363 (22,467) 22,763 32,986 (3,804) -194.0% -62.5% 490.5% Commissions and Fees 48,838 40,437 8,400 45,688 38,810 6,878 6.9% 4.2% 22.1% Cost of Credit (92,218) (76,460) (15,759) (42,961) (31,293) (11,669) 114.7% 144.3% 35.1% Provision for Loan Losses (107,039) (87,402) (19,637) (58,398) (42,092) (16,306) 83.3% 107.6% 20.4% Recovery of Loans Written Off as Losses 14,933 11,056 3,878 15,691 11,054 4,637 -4.8% 0.0% -16.4% Credit Value Adjustment (or “CVA”; ratings and collaterals effects) (113) (113) - (255) (255) - -55.7% -55.7% 0.0% Non-interest Expenses (165,535) (124,764) (40,770) (155,352) (114,971) (40,381) 6.6% 8.5% 1.0% Personnel Expenses (77,137) (58,987) (18,150) (72,981) (51,608) (21,373) 5.7% 14.3% -15.1% Administrative Expenses (73,678) (54,251) (19,427) (70,457) (54,175) (16,282) 4.6% 0.1% 19.3% Depreciation, Amortization and Impairment (14,720) (11,527) (3,193) (11,914) (9,189) (2,725) 23.6% 25.4% 17.2% Income before Tax and Minority Interests 79,531 89,790 1,037 118,698 118,677 6,439 -33.0% -24.3% -83.9% Income Tax Expense (544) (5,361) 1,767 (7,613) (6,740) (2,605) -92.8% -20.5% -167.8% Minority Interests in Subsidiaries (223) (108) (114) (240) (46) (194) -7.4% 133.5% -41.1% Costs of hedge positions - - (8,246) - - (4,686) 0.0% 0.0% 76.0% Recurring Net Income 78,763 84,321 (5,557) 110,845 111,890 (1,046) -28.9% -24.6% 431.4% Recurring Return on Managerial Tangible Equity 11.4% 13.9% -6.5% 16.9% 20.9% -0.9% -553 pbs -697 pbs -566 pbs (1) In nominal currency

23 Itaú Management Discussion & Analysis Income Statement Analysis The Accounting and Managerial Net Income Statement Reconciliation for 1Q23, 4Q22 and 1Q22 is presented below: Managerial reclassifications: (a) Other results and overhead costs from Colombia in Chile: other results and overhead costs incurred by the administration in Chile and managerially assigned to Colombia. (b) Cost of Economic Hedge: carry cost of the derivatives used for the economic hedge of the investment in Colombia, booked in Chile. (c) Cost of Fiscal Hedge: cost of the derivative structure used for the fiscal hedge of the investment in Colombia, currently booked in Chile. Accounting and Managerial Net Income Statement Reconciliation In Ch$ million 1Q23 4Q22 1Q22 3M23 3M22 Net Income Attributable to Shareholders (Accounting) 72,608 78,965 102,469 72,608 102,469 (+) Non-recurring events 3,981 4,264 4,699 3,981 4,699 (+) Other results and overhead costs from Colombia in Chile (a) (514) 2,184 37 (514) 37 (+) Costs of fiscal and economic hedges of the investment in Colombia (b) (c) 8,246 18,368 4,686 8,246 4,686 Recurring Net Income 84,321 103,781 111,890 84,321 111,890 In Ch$ million 1Q23 4Q22 1Q22 3M23 3M22 Net Income Attributable to Shareholders (Accounting) 2,175 313 3,677 2,175 3,677 (+) Non-recurring events - - - - - (+) Other results and overhead costs from Colombia in Chile (a) 514 (2,184) (37) 514 (37) (+) Costs of fiscal and economic hedges of the investment in Colombia (b) (c) (8,246) (18,368) (4,686) (8,246) (4,686) Recurring Net Income (5,557) (20,239) (1,046) (5,557) (1,046)

24 Itaú Management Discussion & Analysis Income Statement Analysis Net Income analysis for Chile presented below is based on the Managerial Income Statement with the adjustments shown on pages 22 and 23: Managerial Results | Breakdown for Chile change change change In Ch$ million 1Q23 4Q22 % $ 1Q22 % $ 3M23 3M22 % $ Operating Revenues 291,014 340,932 -14.6% (49,918) 264,941 9.8% 26,073 291,014 264,941 9.8% 26,073 Managerial Financial Margin 250,576 300,305 -16.6% (49,729) 226,131 10.8% 24,445 250,576 226,131 10.8% 24,445 Financial Margin with Clients 238,213 253,227 -5.9% (15,014) 193,145 23.3% 45,068 238,213 193,145 23.3% 45,068 Financial Margin with the Market 12,363 47,078 -73.7% (34,715) 32,986 -62.5% (20,623) 12,363 32,986 -62.5% (20,623) Commissions and Fees 40,437 40,627 -0.5% (189) 38,810 4.2% 1,628 40,437 38,810 4.2% 1,628 Cost of Credit (76,460) (86,579) -11.7% 10,119 (31,293) 144.3% (45,167) (76,460) (31,293) 144.3% (45,167) Provision for Loan Losses (87,402) (99,759) -12.4% 12,357 (42,092) 107.6% (45,310) (87,402) (42,092) 107.6% (45,310) Recovery of Loans Written Off as Losses 11,056 13,355 -17.2% (2,300) 11,054 0.0% 1 11,056 11,054 0.0% 1 Credit Value Adjustment (or “CVA”; ratings and collaterals effects) (113) (175) -35.6% 62 (255) -55.7% 142 (113) (255) -55.7% 142 Non-interest Expenses (124,764) (155,107) -19.6% 30,343 (114,971) 8.5% (9,793) (124,764) (114,971) 8.5% (9,793) Personnel Expenses (58,987) (74,829) -21.2% 15,842 (51,608) 14.3% (7,380) (58,987) (51,608) 14.3% (7,380) Administrative Expenses (54,251) (68,621) -20.9% 14,370 (54,175) 0.1% (76) (54,251) (54,175) 0.1% (76) Depreciation. Amortization and Impairment (11,527) (11,658) -1.1% 131 (9,189) 25.4% (2,338) (11,527) (9,189) 25.4% (2,338) Income before Tax and Minority Interests 89,790 99,246 -9.5% (9,456) 118,677 -24.3% (28,887) 89,790 118,677 -24.3% (28,887) Income Tax Expense (5,361) 4,462 - (9,823) (6,740) -20.5% 1,380 (5,361) (6,740) -20.5% 1,380 Minority Interests in Subsidiaries (108) 73 - (182) (46) 133.5% (62) (108) (46) 133.5% (62) Recurring Net Income 84,321 103,781 -18.8% (19,461) 111,890 -24.6% (27,570) 84,321 111,890 -24.6% (27,570)

25 Itaú Management Discussion & Analysis Income Statement Analysis Managerial Financial Margin • In the first quarter of 2023, the Financial Margin with Clients showed a decrease of 5.9% compared to the previous quarter, due to a lower margin of liabilities as a result of the decrease in the portfolio and the recognition of results due to the a nnual sale of student portfolio materialized in the previous quarter. While in relation to 1Q22, there was an increase of 23.3%, dr iven by growth in loans and increase in the TPM. • The Financial Margin with Market reached Ch$12.4 billion in the first quarter of the year, 73.7% lower than the profit observed in the previous quarter and 62.5% lower than the result of the first quarter of 2022, mainly due to the decrease in UF readjustment benefits recognized in this quarter. Highlights Managerial Financial Margin Financial Margin with Clients Ch$238.2 billion Financial Margin with the Market Ch$12.4 billion Financial Margin with Clients Change in the Financial Margin with Clients Breakdown Financial Margin with Clients comprises our spread-sensitive operations, working capital and others. Spread-sensitive operations are: (i) the assets margin, which is the difference between the amount received in loan operations and the cost of money char ged by treasury banking and (ii) the liabilities margin, which is the difference between the cost of funding and the amount received from treasury banking. Working capital margin is the interest on working capital at the TPM. 1 2 4 193,145 210,006 234,085 253,227 238,213 32,986 66,887 30,521 47,078 12,363 226,131 276,893 264,606 300,305 250,576 1Q22 2Q22 3Q22 4Q22 1Q23 Financial Margin with Clients Financial Margin with the Market Ch$ million 3 1 3 2 4 Assets financial margin Assets financial margin (+Ch$3,542 million): due to the growth of the loans portfolio, both in Wholesale and Retail segments, which has been complemented by commercial efforts that have resulted in improvements in average spreads. Commercial spreads on derivatives and FX transactions with clients (+Ch$1,648 million): increase supported by higher activity in derivatives and Fx transactions of Wholesale Banking clients in the quarter. Liabilities financial margin (-Ch$11,143 million): decrease in the result of liabilities due to a decrease in the portfolio, mainly demand liabilities, a trend that is observed at a general level in the financial industry. Capital financial margin and others (-Ch$9,062 million): mainly due to the recognition of specific results in the previous quarter associated with the annual sale of student portfolio (CAE credits) and the effect of fewer accrual days in the first quarter of 2023. - 5.9% (1Q23/4Q22) + 23.3% (1Q23/1Q22) - 73.7% (1Q23/4Q22) - 62.5% (1Q23/1Q22)

26 Itaú Management Discussion & Analysis Income Statement Analysis UF net exposure (Ch$ trillion) UF - Unidad de Fomento (variation value) Annualized average rate of financial margin with clients Financial Margin with the Market Financial Margin with the Market includes (i) treasury banking, which manages mismatches of assets and liabilities (ALM – Assets and Liability Management), tenors, currencies and interest rates and (ii) treasury trading, which manages proprietary portfol ios and may assume directional positions, in compliance with the limits established by our risk appetite. The Financial Margin with Market contracted by 73.7% in the first quarter of 2023 vs. the previous period, as a result of the lower inflation observed during the first quarter and its impact on the results due to UF readjustments, to which are added lower p rofits obtained by the trading desk in relation to the valuation of positions held in financial instruments. 1Q23 4Q22 In Ch$ millions, end of period Average Balance Average Rate Financial Margin Average Balance Average Rate Financial Margin Financial Margin with Clients 28,766,291 3.4% 238,213 28,215,173 3.6% 253,227 Cost of Credit (76,460) (86,579) Risk-Adjusted Financial Margin with Clients 28,766,291 2.3% 161,754 28,215,173 2.3% 166,648 Financial Margin with Clients: - 21 bp • Reduction in the return on liabilities due to a decrease in the portfolio of balances seen and one-off results from annual portfolio sales recognized in 4Q22. 3.1% 3.2% 3.4% 3.6% 3.4% 2.6% 2.3% 2.2% 2.3% 2.3% 1Q22 2Q22 3Q22 4Q22 1Q23 0.00 0.02 0.04 Financial margin with clients Risk-adjusted financial margin with clients 32,986 66,887 30,521 47,078 12,363 26,720 42,311 43,995 44,368 39,212 - 5,000 1 0, 00 1 5, 00 20,00 25,00 30,00 35,00 40,00 45,00 50,00 - 1 0, 00 20,00 30,00 40,00 50,00 60,00 70,00 80,00 90,00 1Q22 2Q22 3Q22 4Q22 1Q23 Financial Margin with the Market 1-year moving average Ch$ million 1.68 1.36 1.36 0.97 0.01 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 2.4% 4.2% 3.5% 2.5% 1.3% 1Q22 2Q22 3Q22 4Q22 1Q23 Risk-Adjusted Financial Margin with Clients: - 6 bp • Decrease in the Financial Margin with Clients partially offset by the 11.7% improvement in the Cost of Credit.

27 Itaú Management Discussion & Analysis Income Statement Analysis Commissions and Fees • In the first quarter of the year, income from Commissions and Fees totaled Ch$40.4 billion, remaining practically unchanged from the previous quarter, which considers a compensatory effect between lower Insurance Brokerage fees and improvement in the results of Current Account Services and Overdraft Fees, originated in a greater transactionality observed in the first quarter of the year, in addition to improvement in the commercial activity associated with the portfolio of overdraft lines b y Wholesale Banking. • Compared to the first quarter of 2022, the results by Commissions and Fees increased by 4.2%, driven by better results in Financial Advisories and Others, which is due to a higher level of structuring and advisory services completed in the first quarter of 2023, mainly referring to Wholesale clients, to which are added the results derived from the integration of MCC to the Bank, materialized in June 2022 (classified in the item Financial Advisory and Others). Additionally, this comparison highlights the higher commissions Credit Operations and Guarantees Provided, which derive from the greater activity in contingent portfolio operations observed during 2022 (mainly in the 2 nd semester). Highlights In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Insurance Brokerage 9,835 10,581 (747) -7.1% 9,753 81 0.8% 9,835 9,753 81 0.8% Credit Operations and Guarantees Provided 8,396 8,613 (217) -2.5% 7,801 595 7.6% 8,396 7,801 595 7.6% Current Account Services and Overdraft Fees 6,722 6,020 701 11.6% 6,484 238 3.7% 6,722 6,484 238 3.7% Asset Management 3,150 3,213 (62) -1.9% 3,453 (302) -8.8% 3,150 3,453 (302) -8.8% Financial Advisory and Others 12,335 12,200 136 1.1% 11,319 1,016 9.0% 12,335 11,319 1,016 9.0% Total Commissions and Fees 40,437 40,627 (189) -0.5% 38,810 1,628 4.2% 40,437 38,810 1,628 4.2% Commissions and Fees Breakdown 1Q23 4Q22 25% 20% 9% 29% 17% Insurance Brokerage Credit Operations and Guarantees Provided Asset Management Financial Advisory and Others Current Account Services and Overdraft Fees 26% 21% 8% 24% 21% Insurance Brokerage Credit Operations and Guarantees Provided Asset Management Financial Advisory and Others Current Account Services and Overdraft Fees

28 Itaú Management Discussion & Analysis Income Statement Analysis Cost of Credit The ratio of net provisions for loan losses over loan portfolio de-creased by 18 percentage points compared to the previous quarter, due to the decrease in the level of credit provisions observed in the first quarter of the year, as mentioned above. In the 12-month comparison, this ratio showed an increase of 73 percentage points. Allowance for Loan Losses and Loan Portfolio Cost of Credit and Loan Portfolio In the first quarter of 2023, the total allowance for loan losses, including additional provisions, showed a growth of 3.0% compared to the previous quarter, totaling Ch$728.1 billion, while our average loan portfolio remained practically unchanged compared to the previous quarter, reaching Ch$22.6 billion. As a result, the ratio of total allowance for loan losses, including additional provisions, to the loan portfolio grew in the first quarter of 2023 compared to the previous period, advancing from 3.13% to 3.22%. In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Net Provision for Loan Losses (76,347) (86,404) 10,057 -11.6% (31,038) (45,309) 146.0% (76,347) (31,038) (45,309) 146.0% Provision for Loan Losses (87,402) (99,759) 12,357 -12.4% (42,092) (45,310) 107.6% (87,402) (42,092) (45,310) 107.6% Recovery of Loans Written Off as Losses 11,056 13,355 (2,300) -17.2% 11,054 1 0.0% 11,056 11,054 1 0.0% Credit Value Adjustment (or “CVA”; ratings and collaterals effects) (113) (175) 62 -35.6% (255) 142 -55.7% (113) (255) 142 -55.7% Cost of Credit (76,460) (86,579) 10,119 -11.7% (31,293) (45,167) 144.3% (76,460) (31,293) (45,167) 144.3% (*) Average Loan Portfolio In the first quarter of 2023, the Cost of Credit totaled Ch$76.5 billion, which represents a decrease of 11.7% compared to the net expense of the previous quarter, mainly due to rating changes applied in 4Q22 for some cases of Wholesale clients, that resulted in an increase in provi-sions expense that is not repeated in the quarter under analysis. Complementing the above, the effect of the constitution of additional provisions of Ch$5,0 billion in 4Q22 stands out. When compared to the first quarter of 2022, the Cost of Credit showed a growth of 144.3%, a variation that considers the effect of downgrades of Wholesale clients registered during 1Q22, to which is added the impact of the deterioration in consumer delinquency that has been maintained since the 2nd half of the previous year, this being also a trend that has marked the performance of the financial indus-try, delinquency that was accentuated with the end of the economic support measures (applied by the government authority in Chile) that stood out during the periods of greatest intensity of the COVID 19 pandemic, in addition to the highest inflation recorded to date. 523,109 502,854 531,769 554,416 575,678 112,379 127,379 147,379 152,379 152,379 635,488 630,233 679,148 706,795 728,057 3.2 3.0 3.1 3.1 3.2 - 4. 2 - 4. 2 - 4. 1 - 4. 1 - 4. 0 - 4. 0 - 3. 9 - 3. 9 - 3. 8 - 3. 8 - 3. 7 - 3. 7 - 3. 6 - 3. 6 - 3. 5 - 3. 5 - 3. 4 - 3. 4 - 3. 3 - 3. 3 - 3. 2 - 3. 2 - 3. 1 - 3. 1 - 3. 0 - 3. 0 - 2. 9 - 2. 9 - 2. 8 - 2. 8 - 2. 7 - 2. 7 - 2. 6 - 2. 6 - 2. 5 - 2. 5 - 2. 4 - 2. 4 - 2. 3 - 2. 3 - 2. 2 - 2. 2 - 2. 1 - 2. 1 - 2. 0 - 2. 0 - 1. 9 - 1. 9 - 1. 8 - 1. 8 - 1. 7 - 1. 7 - 1. 6 - 1. 6 - 1. 5 - 1. 5 - 1. 4 - 1. 4 - 1. 3 - 1. 3 - 1. 2 - 1. 2 - 1. 1 - 1. 1 - 1. 0 - 1. 0 - 0. 9 - 0. 9 - 0. 8 - 0. 8 - 0. 7 - 0. 7 - 0. 6 - 0. 6 - 0. 5 - 0. 5 - 0. 4 - 0. 4 - 0. 3 - 0. 3 - 0. 2 - 0. 2 - 0. 1 - 0. 1 - 0.1 0.1 0.2 0.2 0.3 0.3 0.4 0.4 0.5 0.5 0.6 0.6 0.7 0.7 0.8 0.8 0.9 0.9 1 .0 1 .0 1 .1 1 .1 1 .2 1 .2 1 .3 1 .3 1 .4 1 .4 1 .5 1 .5 1 .6 1 .6 1 .7 1 .7 1 .8 1 .8 1 .9 1 .9 2.0 2.0 2.1 2.1 2.2 2.2 2.3 2.3 2.4 2.4 2.5 2.5 2.6 2.6 2.7 2.7 2.8 2.8 2.9 2.9 3.0 3.0 3.1 3.1 3.2 3.2 3.3 3.3 3.4 3.4 3.5 3.5 3.6 3.6 3.7 3.7 3.8 3.8 3.9 3.9 4.0 4.0 4.1 4.1 4.2 4.2 - 600, 00 1 ,20,000 1Q22 2Q22 3Q22 4Q22 1Q23 Allowances for loan losses (Ch$ million) - Chile Additional provisions (Ch$ million) - Chile Total provisions Allowances for loan losses / Loan portfolio (%) 42,092 74,062 95,960 99,759 87,402 31,293 57,693 78,314 86,579 76,460 0.6 1.1 1.4 1.5 1.4 -2.0 -1 .6 -1 .2 -0. 8 -0. 4 0.0 0.4 0.8 1 .2 1 .6 2.0 2.4 - 10,000 1 0, 00 30,00 50,00 70,00 90,00 1 10,000 1 30,000 1 50,000 1Q22 2Q22 3Q22 4Q22 1Q23 Provision for loan losses (Ch$ million) Cost of credit (Ch$ million) Cost of credit / Loan portfolio* - Annualized (%)

29 Itaú Management Discussion & Analysis Income Statement Analysis Credit Quality Delinquency Ratios Non-Performing Loans NPL Ratio (%) by Segments | over 90 days In the first quarter of 2023, the total NPL ratio amounted to 2.07%, representing an increase of 17 basis points over the previous quar-ter. This growth in the ratio is due to the higher overall volume of the Bank's NPL portfolio (commercial, consumer and mortgage), affect-ed by the higher delinquency recorded in non-performing loans that has marked the trend since the 2nd half of 2022 in the financial industry in general, affected by the inflationary scenario in force to date. The NPL ratio over 90 days for commercial loans rose by 22bp in the quarter compared to the previous period (excluding CAE); while the ratio associated with the consumer portfolio increased from 1.99% to 2.28% in the first quarter of 2023 and the mortgage ratio grew 7bp, closing at 0.94%. When compared to the previous quarter, the portfolio of loans with non-performing loans over 90 days increased Ch$38.1 billion or 8.9%, a variation that considers an increase in the delinquency of the commercial portfolio that corresponds to specific cases of Whole-sale Banking clients, in addition to a higher delinquency of the Retail portfolio, since the NPL of consumer and mortgage portfolio totaled a growth of 13.6% in the quarter. Compared to the same quarter of the previous year, this portfolio showed an increase of 49.7%, as a result of the growth in the NPL of commercial loans originated in the entry into arrears of specific cases of the Wholesale portfolio, together with the deterioration of consumer and mortgage delinquencies, mentioned above, the latter also impacted by the rise in the CPI. 2.79% 2.99% 2.67% 1.94% 1.90% 2.31% 2.38% 2.36% 2.57% 2.40% 2.63% 2.43% 1.61% 1.58% 2.06% 2.13% 2.01% 2.23% 1.07% 0.99% 0.87% 0.87% 0.85% 0.82% 0.81% 0.87% 0.94% 1.75% 1.62% 1.14% 1.03% 1.44% 1.65% 1.75% 1.99% 2.28% 2.25% 2.33% 2.04% 1.56% 1.56% 1.83% 1.89% 1.90% 2.07% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 Commercial Comm. ex-Students loans Mortgage Consumer Total Coverage Ratio1 (%) | 90 days NPL Ratio (%) | over 90 days (1) Coverage Ratio includes additional provisions. 177 136 156 206 203 161 160 164 156 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Chile As of March 31, 2023, the 90-day coverage ratio reached 156%, decreasing by 9 percentage points compared to the previous quarter, however, efficient controls are maintained over the levels of credit provisions maintained. When compared to 1Q22, a decrease of 48 percentage points is observed, however, the first quarter of 2022 was positively affected by the punctual decline in the NPL-commercial portfolio registered at the end of 2021. 2.25 2.33 2.04 1.56 1.56 1.83 1.89 1.90 2.07 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Chile The NPL ratio of credits 90-day overdue showed a growth of 17 basis points compared to the previous quarter, as a result of the higher volume of NPL portfolio observed in this quarter. Compared to 1Q22, there was an increase of 51 basis points in the ratio, as a result of the growth in the NPL portfolio observed in the year (49.7%, mentioned above), partially offset by the 12.5% growth in loans portfolio between the 12 months compared. 415,576 432,944 388,703 311,493 312,773 392,051 424,162 430,088 468,161 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Non-performing Loans over 90 days - Chile Ch$ million

30 Itaú Management Discussion & Analysis Income Statement Analysis * Loan portfolio average balance of the two previous quarters. In the first quarter of 2023, loan portfolio write-offs totaled Ch$54.1 billion, representing an increase of 16.4% compared to the previous quarter, as a result to increase in write-offs associated with consumer credits observed in the first quarter of the year. On the other hand, the ratio of written-off operations to loan portfolio average balance increased by 14 basis points compared to the previ-ous quarter, reaching 0.96% and grew by 37 basis points compared to the same period of the previous year. Loan Portfolio Write-Off 36.3 45.0 38.1 44.8 29.6 64.6 40.7 46.5 54.1 0.79 0.97 0.81 0.92 0.59 1.24 0.74 0.82 0.96 0.00 0.1 0 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1 .00 1 .10 1 .20 1 .30 1 .40 1 .50 0 5 1 0 1 5 2 0 2 5 3 0 3 5 40 45 50 55 60 65 7 0 7 5 80 85 90 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 Write-off (Ch$ billion) -Chile Write-off / Loan Portfolio* - Annualized (%) Recovery of Loans Written-off as Losses As of March 31, 2023, income from recoveries of written-off loans to-taled Ch$11.1 billion, 17.2% lower than the level of income in the previ-ous quarter, due to one-off recoveries that were recognized during the last three months of the previous year (referring to commercial credits). When compared to the first quarter of 2022, income from recoveries of written-off loans did not register significant variation. Ch$ million 11,054 13,784 12,586 13,355 11,056 1Q22 2Q22 3Q22 4Q22 1Q23 Recovery of Loan Written-off as Losses (Ch$ million) - Chile Ch$ million

31 Itaú Personnel expenses Administrative Expenses Administrative Expenses amounted to Ch$54.3 billion in the first quarter of 2023, showing a decrease of 20.9% compared to the previ-ous quarter, which is due to a punctual increase in consulting and advisory expenses recorded in the fourth quarter of the previous year and an increase in marketing expenses in the same period (commercial and relational campaigns carried out in the last months of 2022). When compared to the first quarter of 2022, Administrative Expenses remained unchanged. Depreciation, Amortization and Impairment Depreciation, Amortization and Impairment Expenses totaled Ch$11.5 billion in the first quarter of 2023, with no significant variation from the previous quarter. When compared to the same period in 2022, these expenses increased by 25.4%, due to the growth of the base of assets subject to amortization, which is related to progress in the Bank's strategic transformation process. Non-interest Expenses • In the fourth quarter of 2023, Non-interest Expenses totaled Ch$124.8 billion, presenting a reduction of 19.6% compared to the previous period, a variation that originates in lower Personnel and Administrative Expenses. • When compared to the first quarter of 2022, Non-interest Expenses increased by 8.5% as a result of the internalization, in the recurring expense base, of the higher inflation observed during the past year, added to the increase in Depreciation, Amortization and Impairment expenses. Highlights In the first quarter of 2023, Personnel Expenses showed a decrease of 21.2%, compared to the previous quarter, due to higher expenses recognized in the last months of 2022, derived from the realization of year-end events, to which were added higher bond provisions regis-tered at the end of 2022. Compared to the same quarter of 2022, Personnel Expenses showed an increase of 14.3%, as a result of the increase in the remuneration base caused by the increase in the CPI registered throughout the previous year. Headcount 5,144 Headcount in Chile and New York at the end of the 1Q23 - 0.4% (1Q23/4Q22) - 0.6% (1Q23/1Q22) The total number of employees including the Itaú New York branch was 5,144 at the end of the first quarter of 2023 compared to 5,163 in the previous quarter and 5,177 at the end of the first quarter of 2022, a decrease of 0.6% in headcount in a twelve-month period. Management Discussion & Analysis In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Personnel Expenses (58,987) (74,829) 15,842 -21.2% (51,608) (7,380) 14.3% (58,987) (51,608) (7,380) 14.3% Administrative Expenses (54,251) (68,621) 14,370 -20.9% (54,175) (76) 0.1% (54,251) (54,175) (76) 0.1% Personnel and Administrative Expenses (113,238) (143,449) 30,212 -21.1% (105,782) (7,456) 7.0% (113,238) (105,782) (7,456) 7.0% Depreciation, Amortization and Impairment (11,527) (11,658) 131 -1.1% (9,189) (2,338) 25.4% (11,527) (9,189) (2,338) 25.4% Total Non-interest Expenses (124,764) (155,107) 30,343 -19.6% (114,971) (9,793) 8.5% (124,764) (114,971) (9,793) 8.5% 5,249 5,187 5,160 5,125 5,177 5,210 5,298 5,163 5,144 -0.3% -1.2% -0.5% -0.7% 1.0% 0.6% 1.7% -2.5% -0.4% -1 0.0% -8.0% -6.0% -4.0% -2.0% 0.0% 2.0% 4.0% 4,50 4,70 4,90 5,100 5,30 5,50 5,70 5,90 6,100 6,30 6,50 6,70 6,90 7,100 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Chile Δ% QoQ Income Statement Analysis

32 Itaú Management Discussion & Analysis Efficiency Ratio We present the evolution of the efficiency ratio: 43.4% 38.5% 42.3% 45.5% 42.9% 1Q22 2Q22 3Q22 4Q22 1Q23 Efficiency ratio Income Statement Analysis Efficiency Ratio In the first quarter of 2023, our Efficiency Ratio totaled 42.9%, 2.6 percentage points lower compared to the previous quarter, as a result of the 19.6% decrease in the level of Non-interest Expenses (decrease in Personnel and Administrative Expenses), which offset the impact of the 14.6% decrease in the Operating Revenues (decrease in Financial Margin with Market and Clients). When compared to the first quarter of 2022, the Efficiency Ratio decreased 52.3 basis points mainly due to higher Operating Revenues. Distribution Network Points of Service in Chile Our distribution network provides integrated financial services and products to our customers through diverse channels, inclu ding ATMs, branch offices (physical and digital), mobile banking, internet banking and telephone banking. Branches | Chile and New York 187 185 182 182 180 165 165 167 165 4 4 4 6 6 9 12 12 12 1.1% -1.0% -1.6% 1.1% -1.1% -6.5% 1.7% 1.1% -1.1% -20% -1 5% -1 0% -5% 0% 5% - 50 1 0 1 50 200 250 300 350 400 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Physical Digital Δ% Branches Chile QoQ At the end of the first quarter of 2023, the Bank had 177 branches, decreasing by 1.1% compared to the previous quarter (closure of 2 physical branches). On the other hand, the total number of branches showed a decrease of 4.8% (9 fewer branches) com-pared to the level observed as of March 31, 2022, which is due to the digital transformation strategy developed by the Bank. Automated Teller Machines (ATMs) | Chile 397 393 397 398 366 352 354 355 149 9 9 4 4 4 4 4 4 4 -0.5% -1.0% -0.2% 0.2% -8.0% -3.8% 0.6% 0.3% -57.4% -70% -60% -50% -40% -30% -20% -1 0% 0% 1 0% - 50 1 0 1 50 200 250 300 350 400 450 500 550 600 650 700 750 800 850 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Itaú Banco Condell Δ% ATMs Chile QoQ At the end of the first quarter of 2023, the number of ATMs to-taled 153 in Chile, showing a decrease of 57.4% compared to the previous quarter and 58.6% lower than the total number of ATMs installed at the end of the first quarter of 2022, a variation due to the adjustment of the infrastructure carried out by the Bank as part of its digital transformation. Additionally, it is worth men-tioning that, through our agreement with Redbanc, our clients have access to more than 7,400 ATMs in Chile. Non-interest Expenses (Personnel + Administrative + Depreciation & Amortization + Impairment) Managerial Financial Margin + Commission and Fees = Efficiency Ratio

33 Itaú Credit Portfolio • At the end of the first quarter of 2023, the loan portfolio totaled Ch$22.6 billion in Chile, without presenting significant variation compared to the previous period (-0.1%), however, excluding the effects of the variation of the UF and the movement of the currency, on the loan portfolio, there is a slight real increase in the quarter by 0.5% compared to the balances of December 31, 2022. • When compared to the same quarter of 2022, loans portfolio showed a growth of 12.5%, with an increase in the Wholesale and Retail portfolio, highlighting the good performance of consumer in the twelve months compared. Highlights Management Discussion & Analysis In the following table, the loan portfolio is split into two groups: wholesale lending and retail lending. For a better under standing of the performance of these portfolios, the main product groups of each segment are presented below: Credit Portfolio by Products In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Wholesale lending - Chile 13,733,773 13,915,004 -1.3% 12,402,119 10.7% Commercial loans 11,173,374 11,254,349 -0.7% 10,436,051 7.1% Foreign trade loans 1,640,920 1,692,507 -3.0% 1,182,677 38.7% Leasing and factoring 919,480 968,149 -5.0% 783,391 17.4% Retail lending - Chile 8,889,027 8,736,776 1.7% 7,706,567 15.3% Residential Mortgage loans 6,472,348 6,393,144 1.2% 5,713,222 13.3% Consumer loans 2,416,678 2,343,632 3.1% 1,993,346 21.2% Consumer installment loans 1,640,965 1,606,738 2.1% 1,403,472 16.9% Current account overdrafts 146,863 142,487 3.1% 115,657 27.0% Credit card debtors 628,230 593,816 5.8% 473,682 32.6% Other loans and receivables 621 592 4.9% 535 16.0% TOTAL LOANS1 22,622,800 22,651,780 -0.1% 20,108,686 12.5% Compared to the fourth quarter of 2022, the total loan portfolio decreased by 0.1%, in nominal terms, totaling an expansion of 12.5% in the last twelve months. Excluding exchange rate effects and inflation, which impact the composition of the loan portfolio, the aforementioned varia-tions translate into growth of 0.5% and 5.8%, respectively. The Wholesale portfolio decreased by 1.3% in this quarter compared to 4Q22, while it grew 10.7% compared to 1Q22. Adjusting for exchange rate variations, the Wholesale portfolio grew 0.3% compared to the previous quarter and with conflicting movements in its composition, highlighting the growth of foreign trade and commercial loans by 3.9% and 0.3%, respectively, while the balances of factoring and student loans total decreases of 14.8% and 3.6%, which represent a lower volume of loans for Ch$71.6 billion. The Retail portfolio grew 1.7% in this quarter compared to 4Q22 and 15.3% compared to 1Q22, variations that translate into real growth of 0.8% and 5.8%, respectively. Regarding the composition of this portfolio, the improvement in consumer loans stands out, totaling 21.2% in the com-parison in twelve months, maintaining the growth trend registered in 2022 and the good performance of the Bank that led it to stand out in the industry among the Banks with the highest growth in the last 12 months. Income Statement Analysis (1) Total loans does not include balance owed by banks.

34 Itaú Management Discussion & Analysis Managerial Results | Breakdown for Colombia Net Income analysis for Colombia presented below is based on the Managerial Income Statement with the adjustments shown on pa ges 22 and 23: 1Q23 4Q22 % 1Q22 % In Ch$ million Nominal Currency Exchange Rate Effect1 Constant Currency Nominal Currency Exchange Rate Effect1 Constant Currency Change in Constant Currency Nominal Currency Exchange Rate Effect1 Constant Currency Change in Constant Currency Operating Revenues 57,566 (155) 57,411 57,154 (4,350) 52,804 8.7% 58,489 (9,760) 48,729 17.8% Managerial Financial Margin 49,166 (131) 49,034 50,270 (3,862) 46,408 5.7% 51,610 (8,611) 42,999 14.0% Financial Margin with Clients 71,633 (198) 71,435 73,463 (5,336) 68,127 4.9% 55,415 (9,251) 46,164 54.7% Financial Margin with the Market (22,467) 67 (22,400) (23,193) 1,474 (21,720) 3.1% (3,804) 640 (3,165) 607.8% Commissions and Fees 8,400 (24) 8,376 6,884 (488) 6,396 31.0% 6,878 (1,148) 5,730 46.2% Cost of Credit (15,759) 41 (15,718) (19,638) 1,552 (18,086) -13.1% (11,669) 1,921 (9,748) 61.2% Provision for Loan Losses (19,637) 49 (19,588) (24,145) 1,881 (22,264) -12.0% (16,306) 2,691 (13,615) 43.9% Recovery of Loans Written Off as Losses 3,878 (8) 3,870 4,507 (329) 4,178 -7.4% 4,637 (770) 3,867 0.1% Non-interest Expenses (40,770) 111 (40,659) (46,287) 3,214 (43,073) -5.6% (40,381) 6,743 (33,637) 20.9% Personnel Expenses (18,150) 51 (18,099) (20,592) 1,313 (19,279) -6.1% (21,373) 3,591 (17,783) 1.8% Administrative Expenses (19,427) 51 (19,376) (22,963) 1,691 (21,272) -8.9% (16,282) 2,701 (13,582) 42.7% Depreciation, Amortization and Impairment (3,193) 9 (3,184) (2,732) 211 (2,522) 26.3% (2,725) 452 (2,273) 40.1% Income before Tax and Minority Interests 1,037 (3) 1,034 (8,771) 416 (8,355) -112.4% 6,439 (1,095) 5,344 -80.7% Income Tax Expense 1,767 (5) 1,762 6,916 (330) 6,586 -73.2% (2,605) 437 (2,168) -181.3% Minority Interests in Subsidiaries (114) 0 (114) (16) (0) (16) 608.6% (194) 33 (162) -29.4% Costs of hedge positions (8,246) 21 (8,225) (18,368) 1,751 (16,617) -50.5% (4,686) 772 (3,914) 110.1% Recurring Net Income (5,557) 14 (5,543) (20,239) 1,837 (18,402) -69.9% (1,046) 146 (899) 516.3% (1) Refers to the elimination of the impact of foreign exchange rate variation, by converting all figures from each of the period s analyzed at a single foreign exchange rate: Ch$0.1713 per COP as of March 31, 2023. 3M23 3M22 % In Ch$ million Nominal Currency Exchange Rate Effect1 Constant Currency Nominal Currency Exchange Rate Effect1 Constant Currency Change in Constant Currency Operating Revenues 57,566 (155) 57,411 58,489 (9,760) 48,729 17.8% Managerial Financial Margin 49,166 (131) 49,034 51,610 (8,611) 42,999 14.0% Financial Margin with Clients 71,633 (198) 71,435 55,415 (9,251) 46,164 54.7% Financial Margin with the Market (22,467) 67 (22,400) (3,804) 640 (3,165) 607.8% Commissions and Fees 8,400 (24) 8,376 6,878 (1,148) 5,730 46.2% Cost of Credit (15,759) 41 (15,718) (11,669) 1,921 (9,748) 61.2% Provision for Loan Losses (19,637) 49 (19,588) (16,306) 2,691 (13,615) 43.9% Recovery of Loans Written Off as Losses 3,878 (8) 3,870 4,637 (770) 3,867 0.1% Non-interest Expenses (40,770) 111 (40,659) (40,381) 6,743 (33,637) 20.9% Personnel Expenses (18,150) 51 (18,099) (21,373) 3,591 (17,783) 1.8% Administrative Expenses (19,427) 51 (19,376) (16,282) 2,701 (13,582) 42.7% Depreciation, Amortization and Impairment (3,193) 9 (3,184) (2,725) 452 (2,273) 40.1% Income before Tax and Minority Interests 1,037 (3) 1,034 6,439 (1,095) 5,344 -80.7% Income Tax Expense 1,767 (5) 1,762 (2,605) 437 (2,168) -181.3% Minority Interests in Subsidiaries (114) 0 (114) (194) 33 (162) -29.4% Costs of hedge positions (8,246) 21 (8,225) (4,686) 772 (3,914) 110.1% Recurring Net Income (5,557) 14 (5,543) (1,046) 146 (899) 516.3% Income Statement Analysis

35 Itaú Management Discussion & Analysis Income Statement Analysis Managerial Financial Margin • In the first quarter of 2023, the Financial Margin with Clients increased by 4.9% compared to the previous quarter, as a result of greater activity in foreign exchange operations and clients derivatives, mainly Wholesale portfolio, to which is added the recognition of dividends received in the quarter under analysis, associated with business support companies. • At the end of the first three months of 2023, the Financial Margin with Market decreased by 3.1% compared to the last quarter of 2022, as a result of the higher costs of the management of Assets and Liabilities (ALM) derived from the upward trend in interest rates that was maintained throughout 2022. Highlights Managerial Financial Margin Financial Margin with Clients Ch$71.4 billion Financial Margin with the Market Ch$-22.4 billion Financial Margin with Clients Change in the Financial Margin with Clients Breakdown Financial Margin with Clients comprises our spread-sensitive operations, working capital and others. Spread-sensitive operations are: (i) the assets margin, that is the difference between the amount received in loan operations and the cost of money charg ed by treasury banking and (ii) the liabilities margin, which is the difference between the cost of funding and the amount received from treasury banking. Working capital margin is the interest on working capital at the TPM interest rate. Average asset portfolio, assets spreads and liabilities margin (-Ch$1,329 million): due to a lower spread of the loan portfolio, given the higher financing costs derived from the increase in the TPM, to which is added the impact of a lower number of accrual days in the quarter under analysis. Loan portfolio mix (-Ch$63 million): reduction due to a lower relative presence of the Retail portfolio in the composition of total loans portfo-lio observed in 1Q23 compared to the previous period, operations that recorded higher profitability compared to commercial loans. Commercial spreads on derivatives and FX transactions with clients (+Ch$1,905 million): driven by increased activity in derivatives and exchange rate operations by clients (mainly Wholesale Banking). 1 2 4 Ch$ million 3 46,164 51,879 59,132 68,127 71,435 -3,165 -2,323 -10,960 -21,720 -22,400 42,999 42,999 42,999 42,999 42,999 1Q22 2Q22 3Q22 4Q22 1Q23 Financial Margin with Clients Financial Margin with the Market Note: Figures are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. 1 Working capital and others (+Ch$3,144 million): explained, mainly, by the higher capital margin derived from the increase in interest rates observed in the quarter (income indexed to the value of the TPM) and the recognition of dividends received in 1Q23, associated with participa-tion in business support companies. 2 3 4 Note: Figures are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. + 4,9% (1Q23/4Q22) + 54,7% (1Q23/1Q22) - 3,1% (1Q23/4Q22) - 607,8% (1Q23/1Q22)

36 Itaú Management Discussion & Analysis Income Statement Analysis Risk-Adjusted Financial Margin with Clients: +59 bp • Improvement in the ratio due to a combination of a 4.9% increase in the Financial Margin with Clients and a 13.1% decrease in the Cost of Credit. Annualized average rate of financial margin with clients Financial margin with the market includes (i) treasury banking, which manages mismatches of assets and liabilities (ALM – Assets and Liability Management), tenors and interest, foreign exchange and other rates and (ii) treasury trading, which manages pro prie-tary portfolios and may assume directional positions, in compliance with the limits established by our risk appetite. The Financial Margin with Market closed the quarter with a loss of Ch$22.4 billion, which represents a greater deterioration com-pared to the previous quarter by 3.1%, since, as observed in Chile, the scenario of rising interest rates has resulted in hig her costs assumed by the banking desk in the management of asset and liability mismatches. Ch$ million Financial Margin with Clients: +41 bp • Driven by higher capital margin and results from derivatives and FX transactions with clients, observed in the first quarter of 2023. -3,165 -2,323 -10,960 -21,720 -22,400 682 -86 -1,131 -9,542 -14,351 - 20,000 - 15,000 - 10,000 - 5, 00 - - 27,000 - 2,000 - 17,000 - 12,000 - 7, 00 - 2, 00 3,000 8,000 1Q22 2Q22 3Q22 4Q22 1Q23 Financial Margin with the Market 1-year moving average Financial Margin with the Market 3.8% 4.4% 5.1% 5.9% 6.3% 3.0% 3.2% 4.2% 4.3% 4.9% 1Q22 2Q22 3Q22 4Q22 1Q23 0.00 0.02 0.04 0.06 0.08 Financial margin with clients Risk-adjusted financial margin with clients Note: Figures are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. Note: Figures are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. 1Q23 4Q22 In Ch$ millions, end of period Average Balance Average Rate Financial Margin Average Balance Average Rate Financial Margin Financial Margin with Clients 4,668,862 6.3% 71,435 4,650,422 5.9% 68,127 Cost of Credit (15,718) (18,086) Risk-Adjusted Financial Margin with Clients 4,668,862 4.9% 55,717 4,650,422 4.3% 50,041

37 Itaú Management Discussion & Analysis Income Statement Analysis Commissions and Fees • In the first quarter of 2023, Commissions and Fees totaled Ch$8.4 billion, showing an increase of 31.0% compared to the previous quarter and 46.2% compared to the same period of 2022, as a result of an increase in the activity of Wholesale Banki ng in relation to the materialization of operations related to structuring services (Financial Advisories), as well as results from credit and contingent operations. Additionally, there are also increases in mutual fund fees due to an increase in the volume of portfolio managed and an improvement in their average profitability. Highlights In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Insurance Brokerage 1,778 1,647 131 7.9% 1,596 182 11.4% 1,778 1,596 182 11.4% Credit Operations and Guarantees Provided 1,773 1,038 735 70.8% 964 808 83.8% 1,773 964 808 83.8% Asset Management 2,477 1,817 660 36.3% 1,751 727 41.5% 2,477 1,751 727 41.5% Financial Advisory and Others 1,422 815 607 74.5% 566 855 151.0% 1,422 566 855 151.0% Cash Management 926 1,079 (152) -14.1% 852 74 8.7% 926 852 74 8.7% Total Commissions and Fees 8,376 6,396 1,980 31.0% 5,730 2,646 46.2% 8,376 5,730 2,646 46.2% Commissions and Fees Breakdown 1Q23 4Q22 28% 17% 31% 10% 15% Insurance Brokerage Credit Operations and Guarantees Provided Asset Management Financial Advisory and Others Cash Management 26% 16% 28% 13% 17% Insurance Brokerage Credit Operations and Guarantees Provided Asset Management Financial Advisory and Others Cash Management Note: Commissions and Fees for Colombia are expressed in constant currency in order to eliminate the impact of foreign exchange rat e variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.171 3 per COP as of March 31, 2023.

38 Itaú Management Discussion & Analysis Income Statement Analysis Cost of Credit At the end of the first quarter of 2023, our provision for loan losses totaled Ch$19.6 billion, a decrease of 12.0% compared to the last quarter. The Cost of Credit on the loan portfolio decreased by 0.22 percent-age points in the first quarter of 2023 compared to the previous period and grew by 0.61 percentage points compared to the same period of 2022. Allowance for Loan Losses and Loan Portfolio Cost of Credit and Loan Portfolio As of March 31, 2023, the total allowance for loan losses, including additional provisions, showed a decrease of 1.7% compared to the previous quarter totaling Ch$183.7 billion, while our average loan portfolio decreased by 1.5% compared to the previous period, reaching Ch$3.87 billion. As a result, the ratio of total allowance for loan losses, including additional provisions, decreased in the first quarter of 2023 from 4.75% to 4.74% compared to the previous quarter. (*) Average Loan Portfolio 195,539 187,198 187,111 164,366 163,600 22,489 22,492 22,491 22,485 20,150 218,028 209,690 209,602 186,851 183,749 5.6 5.4 5.3 4.8 4.7 - 2. 0 - 1. 95 - 1. 90 - 1. 85 - 1. 80 - 1. 75 - 1. 70 - 1. 65 - 1. 60 - 1. 5 - 1. 50 - 1. 45 - 1. 40 - 1. 35 - 1. 30 - 1. 25 - 1. 20 - 1. 15 - 1. 10 - 1. 05 - 1. 0 - 0. 95 - 0. 90 - 0. 85 - 0. 80 - 0. 75 - 0. 70 - 0. 65 - 0. 60 - 0. 5 - 0. 50 - 0. 45 - 0. 40 - 0. 35 - 0. 30 - 0. 25 - 0. 20 - 0. 15 - 0. 10 - 0. 05 - 0.05 0.1 0 0.1 5 0.20 0.25 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.65 0.70 0.75 0.80 0.85 0.90 0.95 1 .00 1 .05 1 .1 0 1 .1 5 1 .20 1 .25 1 .30 1 .35 1 .40 1 .45 1 .50 1 .55 1 .60 1 .65 1 .70 1 .75 1 .80 1 .85 1 .90 1 .95 2.00 2.05 2.1 0 2.1 5 2.20 2.25 2.30 2.35 2.40 2.45 2.50 2.55 2.60 2.65 2.70 2.75 2.80 2.85 2.90 2.95 3.00 3.05 3.1 0 3.1 5 3.20 3.25 3.30 3.35 3.40 3.45 3.50 3.55 3.60 3.65 3.70 3.75 3.80 3.85 3.90 3.95 4.00 4.05 4.1 0 4.1 5 4.20 4.25 4.30 4.35 4.40 4.45 4.50 4.55 4.60 4.65 4.70 4.75 4.80 4.85 4.90 4.95 5.00 5.05 5.1 0 5.1 5 5.20 5.25 5.30 5.35 5.40 5.45 5.50 5.55 5.60 5.65 5.70 - 1Q22 2Q22 3Q22 4Q22 1Q23 Allowances for loan losses (Ch$ million) - Colombia Additional provisions (Ch$ million) - Colombia Total provisions Allowances for loan losses / Loan portfolio (%) 13,615 16,610 14,882 22,264 19,588 9,748 13,215 10,349 18,086 15,718 1.0 1.4 1.0 1.8 1.6 -0. 5 -0. 1 0.3 0.7 1 .1 1 .5 1 .9 2.3 - 5,000 1 0, 00 1 5, 00 20,00 25,00 30,00 35,00 40,00 45,00 50,00 1Q22 2Q22 3Q22 4Q22 1Q23 Provision for loan losses (Ch$ million) Cost of credit (Ch$ million) Cost of credit / Loan portfolio* - Annualized (%) In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Provision for Loan Losses (19,588) (22,264) 2,675 -12.0% (13,615) (5,973) 43.9% (19,588) (13,615) (5,973) 43.9% Recovery of Loans Written Off as 3,870 4,178 (307) -7.4% 3,867 3 0.1% 3,870 3,867 3 0.1% Cost of Credit (15,718) (18,086) 2,368 -13.1% (9,748) (5,970) 61.2% (15,718) (9,748) (5,970) 61.2% Note: Cost of credit for Colombia is expressed in constant currency in order to eliminate the impact of foreign exchange rate varia tion, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. In the first quarter of 2023, the Cost of Credit amounted to Ch$15.7 billion, presenting a decrease of 13.1% compared to the last quarter of 2022, since in that period were recognized specific write-offs referred to clients of the commercial portfolio of Wholesale Banking, which raised the net expense of Credit Cost of the period. When compared to the same quarter of 2022, the Cost of Credit presented a growth of 61.2%, which is based on the better credit performance observed during the first half of 2022, which adds to the effect of the persistent deterioration trend in consumer delin-quency that has been registered since the 2nd half of the previous year. Note: Provision for loan losses and cost of credit for Colombia are expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March Note: Allowance for loan losses for Colombia is expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March31, 2023.

39 Itaú Management Discussion & Analysis Income Statement Analysis Credit Quality Delinquency Ratios Non-Performing Loans NPL Ratio (%) by Segments | over 90 days As of March 31, 2023, the total NPL ratio over 90 days showed an increase of 3 basis points compared to the previous quarter, given 2.1% growth in the NPL portfolio, slightly offset by 0.8% growth in the loan portfolio (see page 43). In a 12-month comparison, the total NPL ratio over 90 days de-creased from 2.92% to 2.43%, driven mainly by a reduction in the NPL portfolio of commercial loans and a loans portfolio remaining virtually unchanged. The portfolio of credits 90 days overdue increased by 2.1% in the first quarter of 2023 compared to the previous one, due to a growth of the NPL portfolios of commercial and consumer loans by 3.1% and 5.9%, respectively, while the mortgage portfolio presented a decrease of 5.4% compared to 4Q22. When compared to the first quarter of 2022, the portfolio of credits 90 days overdue decreased 16.2%, a variation that considers a decrease of 27.1% in the commercial portfolio in arrears and a growth of 22.1% in consumer. 132,856 144,850 135,589 124,863 113,022 110,917 116,524 92,785 94,750 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Non-performing Loans over 90 days - Colombia 4.21% 4.62% 4.14% 3.79% 3.39% 3.00% 3.22% 2.40% 2.39% 3.27% 3.09% 2.94% 2.61% 2.38% 2.81% 2.78% 2.62% 2.51% 1.53% 1.78% 1.86% 1.84% 1.86% 2.12% 2.18% 2.23% 2.51% 3.58% 3.85% 3.51% 3.21% 2.92% 2.80% 2.95% 2.40% 2.43% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 Commercial Mortgage Consumer Total Coverage Ratio1 (%) | 90 days At the end of the first 3 months of 2023, the 90-day coverage ratio totaled 194%, presenting a decrease of 7 percentage points com-pared to the fourth quarter of 2022 and a slight increase of 1.0 percentage points compared to the first quarter of 2022. NPL Ratio (%) | over 90 days 194 179 177 188 193 189 180 201 194 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Colombia 3.58 3.85 3.51 3.21 2.92 2.80 2.95 2.40 2.43 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Colombia The NPL ratio of credits 90 days overdue increased by 3 basis points in the first quarter of 2022 compared to the previous period, reach-ing 2.43% at the end of March 31, 2023, which is due to the greater volume of non-performing loans of commercial and consumer loans, as mentioned above, which adds to loan portfolio without significant variation between these periods compared. When compared to the same period in 2022, this ratio decreased by 49 basis points. Note: NPLs for Colombia are expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023.

40 Itaú Management Discussion & Analysis Income Statement Analysis * Loan portfolio average balance of the two previous quarters. In the first quarter of 2023, the loan portfolio write-off loans totaled Ch$21.7 billion, presenting a decrease of 20.3% compared to the previous quarter, since at the end of 2022 some specific write-offs were recognized within the commercial portfolio (mainly cases of Wholesale Banking). The ratio of written-off operations to loan portfolio average balance reached 2.24%, decreasing by 53 basis points compared to the pre-vious quarter and 51 basis points compared to the same quarter of the previous year. Loan Portfolio Write-Off 14.7 20.2 22.7 14.7 26.6 28.3 15.1 27.2 21.7 1.61 2.16 2.38 1.50 2.75 2.90 1.52 2.77 2.24 0.00 0.1 0 0.20 0.30 0.40 0.50 0.60 0.70 0.80 0.90 1 .00 1 .10 1 .20 1 .30 1 .40 1 .50 1 .60 1 .70 1 .80 1 .90 2.00 2.10 2.20 2.30 2.40 2.50 2.60 2.70 2.80 2.90 3.00 3.10 3.20 0 5 1 0 1 5 20 2 5 3 0 3 5 40 45 50 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 Write-off (Ch$ billion) - Colombia Write-off / Loan Portfolio* - Annualized (%) Recovery of Loans Written-off as Losses In this quarter, income from recovery of loans written-off as losses totaled Ch$3.9 billion, down 7.4% compared to the fourth quarter of 2022, due to lower recoveries of consumer loans recognized in 1Q23. When compared to the same quarter of 2022, the income from re-covery of loans written-off as did not register significant variation. Ch$ million 3,867 3,395 4,533 4,178 3,870 1Q22 2Q22 3Q22 4Q22 1Q23 Recovery of Loan Written-off as Losses (Ch$ million) - Colombia Note: Write-off for Colombia is expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. Note: Recovery of loans written-off as losses for Colombia is expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 per COP as of March 31, 2023. Ch$ million

41 Itaú Personnel expenses Administrative Expenses Administrative Expenses amounted to Ch$19.4 billion in the first quarter of 2023, representing a reduction of 8.9% compared to the previous period, as a result of higher advisory and consulting expens-es recorded in the last months of 2022. When compared to the first quarter of 2022, Administrative Expenses showed a growth of 42.7%, due to regularizations in expense provi-sions made during 1Q22 that meant a reduction in this line of expens-es. Depreciation, Amortization and Impairment Depreciation, Amortization and Impairment Expenses totaled Ch$3.2 billion in the first quarter of 2023, an increase of 26.3% compared to the previous quarter, as a result of the growth in the base of assets subject to amortization in the quarter under analysis. When compared to the first quarter of 2022, Depreciation, Amortization and Impairment Expenses increased by 40.1%, which is due to the progress of the Bank's transformation process and its impact on the base of assets subject to amortization. Non-interest Expenses • In the first quarter of 2023, Non-interest Expenses totaled Ch$40.7 billion in the quarter, presenting a reduction of 5.6% compared to the previous period and an expansion of 20.9% when compared to the same date in 2022. Highlights Personnel Expenses totaled Ch$18.1 billion in the first quarter of 2023, presenting a decrease of 6.1% compared to the previous quarter, a variation that is mainly due to the decrease in the level of headcount at the end of the first three months of 2023. When compared to the first quarter of 2022, Personnel Expenses show an increase of 1.8%, as a result of higher provisions of bonuses registered to date, which offset the decrease in other Personnel Ex-penses derived from the 12.2% reduction in the total number of em-ployees hired. Headcount The total number of employees including Itaú Panama was 2,317at the end of the first quarter of 2023, compared to 2,395 in the fourth quarter of 2022 and 2,639 at the end of the first quarter of 2022, a 12.2% reduction in headcount for the 12-month period ended in March 31, 2023. 2,317 Headcount in Colombia and Panamá at the end of the 1Q23 - 3.3% (1Q23/4Q22) - 12.2% (1Q23/1Q22) Management Discussion & Analysis 3,067 3,013 2,931 2,691 2,639 2,459 2,442 2,395 2,317 -1.0% -1.8% -2.7% -8.2% -1.9% -6.8% -0.7% -1.9% -3.3% -1 5.0% -1 3.0% -1 1 .0% -9.0% -7.0% -5.0% -3.0% -1 .0% 1 .0% 1 ,500 1 ,700 1 ,900 2,100 2,30 2,50 2,70 2,90 3,100 3,30 3,50 3,70 3,90 4,1 0 4,30 4,50 4,70 4,90 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Colombia Δ% QoQ Income Statement Analysis Note: Managerial results for Colombia are expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate: Ch$0.1713 per COP as of March 31, 2 023. In Ch$ million 1Q23 4Q22 change 1Q22 change 3M23 3M22 change Personnel Expenses (18,099) (19,279) 1,180 -6.1% (17,783) (317) 1.8% (18,099) (17,783) (317) 1.8% Administrative Expenses (19,376) (21,272) 1,897 -8.9% (13,582) (5,794) 42.7% (19,376) (13,582) (5,794) 42.7% Personnel and Administrative Expenses (37,475) (40,551) 3,076 -7.6% (31,365) (6,111) 19.5% (37,475) (31,365) (6,111) 19.5% Depreciation, Amortization and Impairment (3,184) (2,522) (662) 26.3% (2,273) (911) 40.1% (3,184) (2,273) (911) 40.1% Total Non-interest Expenses (40,659) (43,073) 2,414 -5.6% (33,637) (7,022) 20.9% (40,659) (33,637) (7,022) 20.9%

42 Itaú Management Discussion & Analysis Efficiency Ratio We present the evolution of the efficiency ratio: 69.0% 64.9% 73.6% 81.6% 70.8% 1Q22 2Q22 3Q22 4Q22 1Q23 Efficiency ratio Income Statement Analysis Note: Managerial results for Colombia are expressed in constant currency in order to eliminate the impact of foreign exchange rate variation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate: Ch$0.1713 per COP as of March 31, 2023. Efficiency Ratio In the first quarter of 2023, Colombia's Efficiency Ratio reached 70.8%, decreasing by 10.7 percentage points compared to the previous quarter, a variation that is explained by the joint effect of a 5.6% reduction in Non-interest Expenses and the 8.7% growth in the Operating Revenues. When compared to the first quarter of 2022, the Efficiency Ratio increased by 1.8 percentage points, since although revenue generation grew by 17.8% (Operating Revenues), Non-interest Expenses grew by a greater magnitude (increase of 20.9%). Distribution Network Points of Service in Colombia Our distribution network provides integrated financial services and products to our customers through diverse channels, inclu ding ATMs, branch offices, internet banking and telephone banking. Branches | Colombia and Panama Automated Teller Machines (ATMs) | Colombia 109 108 107 104 86 79 78 74 70 -1.8% -0.9% -0.9% -2.8% -17.3% -8.1% -1.3% -5.1% -5.4% -40% -35% -30% -25% -20% -1 5% -1 0% -5% 0% - 50 1 0 1 50 200 250 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Colombia Δ% Branches Colombia QoQ As of March 31, 2023, 70 branches are registered under the Itaú brand in the consolidated vision of Colombia (including Panama), representing a decrease of 5.4% (4 fewer branches) compared to the previous quarter, while compared to the same period of 2022, the number of branches registered a decrease of 18.6% (16 fewer branches). 125 123 122 121 107 107 102 103 104 0.0% -1.6% -0.8% -0.8% -11.6% 0.0% -4.7% 1.0% 1.0% -35% -30% -25% -20% -1 5% -1 0% -5% 0% 5 % 50 1 0 1 50 200 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Colombia Δ% ATMs Colombia QoQ At the end of the first quarter of 2023, the number of ATMs totaled 104 in Colombia, presenting an increase of 1.0% compared to the previous quarter (incorporation of 1 ATM) and a decrease of 2.8% compared to the same month of the previous year, which is related to the optimization of the footprint implemented in recent years. Our customers continue to have access to more than 16,000 ATMs through Colombia's financial institutions. Non-interest Expenses (Personnel + Administrative + Depreciation & Amortization + Impairment) Managerial Financial Margin + Commission and Fees = Efficiency Ratio

43 Itaú Credit Portfolio • Excluding the effect of the exchange rate variation, at the end of the first quarter of 2023, Colombia's loan portfolio showed an increase of 0.8% compared to the previous quarter and 0.7% in the comparison in twelve months, reaching Ch$3.90 billion; However, considering the composition of the portfolio, there is a compensatory effect between commercial loans and the performance observed in consumer and mortgage loans. Highlights Management Discussion & Analysis In the following table, the loan portfolio is split into two groups: wholesale lending and retail lending. For a better under standing of the performance of these portfolios, the main product groups of each segment are presented below: Credit Portfolio by Products Income Statement Analysis Note: The loan portfolio for Colombia is expressed in constant currency in order to eliminate the impact of foreign exchange rate v ariation, thus all figures from each of the periods analyzed were converted into Chilean Pesos at a single foreign exchange rate of Ch$0.1713 pe r COP as of March 31, 2023. In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Wholesale lending 2,560,649 2,480,696 3.2% 2,481,073 3.2% Commercial loans 2,236,976 2,155,337 3.8% 2,148,204 4.1% Current account overdrafts 6,865 2,553 168.9% 2,057 233.6% Leasing and factoring 311,056 317,404 -2.0% 325,698 -4.5% Other loans and receivables 5,752 5,401 6.5% 5,113 12.5% Retail lending 1,334,704 1,385,255 -3.6% 1,388,252 -3.9% Residential Mortgage loans 620,983 629,141 -1.3% 602,651 3.0% Housing leasing 356,760 362,166 -1.5% 347,498 2.7% Other mortgage loans 264,223 266,975 -1.0% 255,152 3.6% Consumer loans 713,721 756,115 -5.6% 785,602 -9.1% Consumer loans 520,688 555,057 -6.2% 603,701 -13.8% Current account overdrafts 1,062 977 8.7% 1,151 -7.7% Credit card debtors 157,220 164,997 -4.7% 149,139 5.4% Leasing consumer 62 75 -16.5% 177 -64.7% Other loans and receivables 34,689 35,009 -0.9% 31,434 10.4% 0.0% TOTAL LOANS1 3,895,353 3,865,951 0.8% 3,869,326 0.7% In the first quarter of 2023, Colombia's loan portfolio showed a slight increase compared to the previous quarter (expansion of 0.8%), a variation that considers an improvement of 3.2% in the balances of commercial loans (Wholesale segment), which allowed to counteract the decline registered by Retail activity, where a decrease of 3.6% was observed, a more pronounced decrease in consumer (basically consumer loans and credit cards). Compared to March 2022, the total loans portfolio presented a slight increase of 0.7%, which considers greater activity in commercial portfolio by 3.2% and growth of 3.0% in mortgage loans, while the consumer portfolio shows a reduction of 9.1% (mainly consumer loans). (1) Total loans does not include balance owed by banks.

44 Itaú Balance Sheet Management Discussion & Analysis Balance Sheet Assets In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Cash and deposits in banks 2,043,848 3,043,243 -32.8% 3,478,417 -41.2% Cash items in process of collection 1,070,135 494,994 116.2% 312,372 242.6% Trading investments 694,289 418,152 66.0% 328,381 111.4% Investments under resale agreements 114,148 162,774 -29.9% 395,355 -71.1% Financial derivatives contracts 3,452,134 3,756,339 -8.1% 2,759,769 25.1% Interbank loans, net 23,709 45,636 -48.0% 34,829 -31.9% Loans and accounts receivable from customers, net of loan loss allowances 25,778,876 25,903,788 -0.5% 24,076,981 7.1% Available-for-sale investments 4,701,197 3,575,931 31.5% 3,248,877 44.7% Held-to-maturity investments 1,153,711 1,181,484 -2.4% 1,055,718 9.3% Investments in associates and other companies 22,580 22,374 0.9% 19,851 13.7% Intangible assets1 689,001 693,790 -0.7% 693,795 -0.7% Property, plan and equipment 144,161 149,734 -3.7% 164,661 -12.4% Current taxes 94,707 88,353 7.2% 55,078 72.0% Deferred taxes 327,758 269,107 21.8% 321,520 1.9% Other assets 557,527 698,600 -20.2% 672,997 -17.2% Total Assets 40,867,781 40,504,299 0.9% 37,618,601 8.6% 1– Includes right-of-use assets under lease agreements arisen from IFRS 16 adoption since January 1, 2019. Compared to the first quarter of 2022, total assets increased by Ch$3.249 billion or 8.6%. The main variations are presented below: At the end of the first quarter of 2023, our assets totaled Ch$40.9 billion, growing by Ch$363 billion or 0.9%, compared to the previous quarter, as follows: * Securities Investment portfolio: Trading investments, available-for-sale investments and held-to-maturity investments. ** Total other assets: Investments in other companies, Intangible assets, Property, plant and equipment, Current taxes, Deferred taxes and Other assets. Ch$ billion Ch$ billion Chile and Colombia The chart below shows the contribution of Chile and Colombia to the total consolidated assets. Ch$ 35.5 trillion Ch$ 5.4 trillion 84% 83% 82% 82% 83% 82% 84% 87% 87% 16% 17% 18% 18% 17% 18% 16% 13% 13% 33,615 34,402 35,769 37,784 37,619 40,326 42,172 40,504 40,868 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Chile Colombia Total Ch$ billion Ch$ 40.9 trillion Asset Breakdown March 31, 2023 5.0% 64.9% 16.0% 8.4% 0.3% 1.7% 3.7% Loans Cash, deposits in banks and interbank loans Financial investments Financial derivatives contracts Repos Intangible assets Other assets + 0.9% (Mar-23 vs. Dec-22) + 8.6% (Mar-23 vs. Mar-22) + 1.3% (Mar-23 vs. Dec-22) + 13.9% (Mar-23 vs. Mar-22) - 1.8% (Mar-23 vs. Dec-22) - 16.9% (Mar-23 vs. Mar-22)

45 Itaú Management Discussion & Analysis Balance Sheet Liabilities In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Deposits and other demand liabilities 5,344,003 5,555,185 -3.8% 7,243,860 -26.2% Cash items in process of being cleared 1,142,625 456,957 150.1% 330,167 246.1% Obligations sold under repurchase agreements 434,345 354,088 22.7% 984,910 -55.9% Time deposits and other time liabilities 12,815,920 12,703,653 0.9% 10,255,805 25.0% Financial derivatives contracts 3,243,550 3,644,874 -11.0% 2,690,633 20.5% Interbank borrowings 4,734,426 4,728,323 0.1% 4,751,122 -0.4% Issued debt instruments 8,117,871 7,810,976 3.9% 7,047,517 15.2% Other financial liabilities 297,943 355,733 -16.2% 43,088 591.5% Current taxes 504 77.264219 552.1% 933 -46.0% Deferred taxes 0 0 - 0 -100.0% Provisions 482,249 495,742 -2.7% 333,505 44.6% Other liabilities1 889,953 1,075,932 -17.3% 797,142 11.6% Total Liabilities 37,503,389 37,181,540 0.9% 34,478,682 8.8% Attributable to Shareholders 3,361,783 3,320,109 1.3% 3,136,852 7.2% Non-controlling interest 2,610 2,650 -1.5% 3,067 -14.9% Total Equity and Liabilities 40,867,781 40,504,299 0.9% 37,618,601 8.6% * Total other liabilities: Cash items in process of being cleared, interbank borrowings, other financial liabilities, current taxes, deferred taxes, provisions, other liabilities (including lease liabilities arising from IFRS 16 adoption since January 2019), capital, reserves, valuation adjustment, income for the period, minus: provision for mandatory dividend and non-controlling interest. 1– Includes lease liabilities arisen from IFRS 16 adoption since January1, 2019. The main changes in liabilities at the end of the first quarter of 2023, compared to the previous quarter, are presented in the chart below: Compared to the first quarter of 2022, the main changes in liabilities are highlighted as follows: Balance Sheet

46 Itaú Management Discussion & Analysis Balance Sheet by Currency Assets | March 31, 2023 Liabilities | March 31, 2023 Balance Sheet by Currency In Ch$ million, end of period Consolidated* Business in Chile Ch$ UF FX Business in Colombia Cash and deposits in banks 2,043,848 1,825,914 863,594 - 962,319 217,934 Cash items in process of collection 1,070,135 1,063,472 473,409 - 590,063 6,664 Trading investments 694,289 418,474 353,492 64,982 - 275,815 Investments under resale agreements 114,148 59,725 59,725 - - 54,424 Financial derivatives contracts 3,452,134 3,294,903 2,630,065 137,857 526,981 157,230 Interbank loans, net 23,709 16,004 - - 16,004 7,705 Loans and accounts receivable from customers, net of loan loss allowances 25,778,876 22,047,122 7,935,105 10,612,788 3,499,230 3,731,753 Available-for-sale investments 4,701,197 4,330,656 3,822,099 67,782 440,775 370,541 Held-to-maturity investments 1,153,711 868,664 466,169 386,541 15,954 285,047 Investments in associates other companies 22,580 17,100 16,880 - 220 5,480 Intangible assets 689,001 660,094 659,951 - 142 28,907 Property, plant and equipment 144,161 118,163 112,518 - 5,644 25,999 Current taxes 94,707 64,758 64,577 - 181 29,949 Deferred taxes 327,758 255,142 238,015 - 17,127 72,616 Other assets 557,527 472,270 195,526 5,288 271,456 85,257 Total Assets 40,867,781 35,512,460 17,891,124 11,275,238 6,346,098 5,355,321 In Ch$ million, end of period Consolidated* Business in Chile Ch$ UF FX Business in Colombia Deposits and other demand liabilities 5,344,003 3,743,585 2,805,416 27,236 910,933 1,600,419 Cash items in process of being cleared 1,142,625 1,142,612 668,247 - 474,365 13 Obligations sold under repurchase agreements 434,345 244,624 244,624 - 0 189,721 Time deposits and other time liabilities 12,815,920 11,231,338 7,987,373 1,184,056 2,059,909 1,584,582 Financial derivatives contracts 3,243,550 3,092,161 2,483,190 110,217 498,753 151,389 Interbank borrowings 4,734,426 4,114,657 3,007,242 - 1,107,415 619,770 Issued debt instruments 8,117,871 7,543,350 690,912 6,852,438 - 574,521 Other financial liabilities 297,943 297,943 51,328 - 246,614 - Current taxes 504 - - - - 504 Deferred taxes - - - - - - Provisions 482,249 407,327 382,869 - 24,459 74,921 Other liabilities 889,953 815,691 323,305 186,725 305,662 74,262 Total Liabilities 37,503,389 32,633,286 18,644,505 8,360,672 5,628,110 4,870,103 Capital 2,687,951 2,293,169 2,293,169 - - 394,782 Reserves 236,039 (30,710) (30,710) - - 266,749 Valuation adjustment (112,640) (130,823) (135,752) - 4,929 18,183 Retained Earnings: 550,433 745,675 444,931 82,940 217,804 (195,241) Retained earnings or prior years 628,208 825,732 628,208 - 197,524 (197,524) Income for the period 74,783 72,500 (30,720) 82,940 20,280 2,282 Minus: Provision for mandatory dividend (152,558) (152,558) (152,558) - - - Equity attributable to shareholders 3,361,783 2,877,310 2,571,637 82,940 222,733 484,473 Non-controlling interest 2,610 1,864 1,864 - 0 746 Total Equity 3,364,393 2,879,174 2,573,501 82,940 222,733 485,219 Total Liabilities and Equity 40,867,781 35,512,460 21,218,006 8,443,612 5,850,843 5,355,321 * Consolidated data not only considers Chile and Colombia but also adjustments related to intercompany and minority shareholder s.

47 Itaú Management Discussion & Analysis Balance Sheet Credit Portfolio • At the end of the first quarter of 2023, the Bank's loan portfolio totaled Ch$26.5 billion, slightly lower than that registered at the end of the previous quarter and 6.8% higher than the total loans registered as of March 31, 2022. The variation in loans compared to 4Q22 is mainly explained by the decrease in retail activity observed in Colombia (mainly consumer), while Chile recorded a decrease in commercial loans, a portfolio that has been impacted by the appreciation of the peso against the USD registered in the quarter. On the other hand, the growth in twelve months is based on the greater activity in Chile, since the portfolio of Colombia registers, in nominal terms, a decrease of 17.7%, although this is explained in an important way in the variability of the exchange rate. • In constant currency, Colombia's total loan portfolio grew by 0.8% compared to the previous quarter and 0.7% compared to 1Q22, a lower volume of loans explained by the decrease in Wholesale Banking's commercial portfolio activity (see details on page 43). Considering the 2.8% depreciation of the Colombian peso relative to the Chilean peso in the quarter, Colombia's loan portfolio decreased 2.0% versus 4Q22 and 17.7% in the 12-month comparison. Highlights In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Wholesale lending 16,294,423 16,465,960 -1.0% 15,435,366 5.6% Chile 13,733,773 13,915,004 -1.3% 12,402,119 10.7% Commercial loans 11,173,374 11,254,349 -0.7% 10,436,051 7.1% Foreign trade loans 1,640,920 1,692,507 -3.0% 1,182,677 38.7% Leasing and Factoring 919,480 968,149 -5.0% 783,391 17.4% Colombia 2,560,649 2,550,956 0.4% 3,033,247 -15.6% Commercial loans 2,249,593 2,224,562 1.1% 2,635,063 -14.6% Leasing and Factoring 311,056 326,394 -4.7% 398,184 -21.9% Retail lending 10,223,731 10,161,265 0.6% 9,403,782 8.7% Chile 8,889,027 8,736,776 1.7% 7,706,567 15.3% Consumer loans 2,416,678 2,343,632 3.1% 1,993,346 21.2% Residential mortgage loans 6,472,348 6,393,144 1.2% 5,713,222 13.3% Colombia 1,334,704 1,424,489 -6.3% 1,697,214 -21.4% Consumer loans 713,721 777,530 -8.2% 960,441 -25.7% Residential mortgage loans 620,983 646,960 -4.0% 736,773 -15.7% TOTAL LOANS1 26,518,153 26,627,225 -0.4% 24,839,147 6.8% Chile 22,622,800 22,651,780 -0.1% 20,108,686 12.5% Colombia 3,895,353 3,975,445 -2.0% 4,730,461 -17.7% Loan Portfolio - Breakdown Credit Portfolio - Currency Breakdown Consumer 18% Mortgage 16% Commercial 66% Colombia 15% Consumer 11% Mortgage 29% Commercial 61% Chile 85% 6,740 6,764 6,870 7,028 8,113 8,388 9,799 10,189 10,676 11,133 10,692 10,613 8,215 7,887 9,023 9,167 7,823 7,518 24,754 24,839 26,569 27,328 26,627 26,518 Dec-21 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 Ch$ UF F X Ch$ billion As of March 31, 2023, Ch$7.518 billion of our total loans portfolio was denominated or indexed to foreign currency. This portion decreased by 3.9% in this quarter and represents approximately 28% of our total loan portfolio. In the first quarter of 2023, the USD/ CLP exchange rate decreased by 7.2%, approximately Ch$61 per dollar. (1) Total loans does not include balance owed by banks.

48 Itaú Management Discussion & Analysis Balance Sheet NPL Ratio (90 days overdue) by segment The chart below shows the calculation of the average tangible Shareholders Equity or “Managerial Equity”, which we use to determine the RoTAE. Tangible Equity Breakdown At the end of the first quarter of 2023, our consolidated NPL ratio reached 2.12%, representing a growth of 15bp compared to the previous quarter and an increase of 31bp compared to the same period of 2022. The NPL ratio for Commercial loans increased from 2.36% to 2.54% compared to the previous quarter. Excluding student loans, the commercial loans NPL ratio reached 2.26%, increasing by 18bp compared to the previous quarter and 31bp compared to the first quarter of 2022. In the case of consumer loans, the NPL ratio increased 28bp com-pared to the previous period and 75bp in the comparison in twelve months, closing the quarter at 2.33%; while the Mortgage registered an increase of 5bp compared to the previous period and the same quarter of 2022, totaling 1.08%. 1Q23 Average Balance (Ch$ billion) All other Assets: Ch$ 39,998 Ch$ 34,611 Ch$ 5,387 All other Liabilities: Ch$ 37,233 Ch$ 32,186 Ch$ 5,047 Asociado a Intangibles PPA: Ch$ 40 Minority Interest ex GW and PPA Intangibles: Ch$ 3 Assets: 40,530 Liabilities: 37,244 Minority Interest: 3 Managerial Tang. Equity: Ch$ 2,762 Ch$ 2,422 Ch$ 340 Shareholders’ Equity: 3,284 Managerial Tang. Equity: Recurring Results: Recurring RoTE: Ch$ 2,762 Ch$ 2,422 Ch$ 340 Ch$ 78.8 Ch$ 84.3 Ch$ -5.6 ÷ ÷ ÷ 11.4% 13.9% 6.5% = = = Goodwill: Ch$ 493 Ch$ 493 Ch$ - Intangibles from PPA: Ch$ 40 Ch$ 40 Ch$ - Deferred taxes asociated with intangibles from PPA: Ch$ 11 Ch$ 11 Ch$ - Asociated w/ PPA Intang.: Ch$ - GW and PPA Intangibles: Ch$ 526 Ch$ 526 Ch$ - 3.06% 3.30% 2.97% 2.30% 2.19% 2.45% 2.53% 2.36% 2.54% 2.76% 3.03% 2.80% 2.05% 1.95% 2.26% 2.34% 2.07% 2.26% 1.33% 1.23% 1.12% 1.07% 1.03% 1.06% 1.03% 1.03% 1.08% 1.68% 1.67% 1.39% 1.30% 1.58% 1.80% 1.88% 2.05% 2.33% 2.50% 2.61% 2.34% 1.88% 1.82% 2.02% 2.07% 1.97% 2.12% 1Q21 2Q21 3Q21 4Q21 1Q22 2Q22 3Q22 4Q22 1Q23 Commercial Comm. ex-Students loans Mortgage Consumer Total

49 Itaú Management Discussion & Analysis Balance Sheet Funding • Our funding strategy is to optimize all sources of funding in accordance with their costs, their availability, and our general asset and liability management strategy. • Our strategy in terms of bond issuances is to seek longer maturity tenor and maintain comfortable liquidity levels under BIS III standards. In addition, the spreads vs. peers obtained in these issuances have stayed between 6bp and 9bp, benefitting our cost of funds. In 2023, we have issued bonds for UF 6.0 million (equivalent to Ch$213.5 million and US$270.4 million). • Total funding amounted to Ch$31.7 trillion by the end of the first quarter of 2023, a 0.8% increase compared to the previous quarter and an increase of 4.7% compared with the same period of 2022. The quarter-over-quarter change was primarily due to: (i) bonds (5.1%) and (ii) Time deposits and saving accounts increase (0.9%). These changes were partly offset by (i) Deposits and other demand liabilities decrease (-3.8%), (ii) Subordinated bonds (-2.2%) and (ii) Other financial liabilities (-16.2%). Year-over-year, Time deposits and saving accounts have increased by 25.0%, Bonds have expanded by 17.0% and Other financial liabilities have expanded by 591.5% against the first quarter of 2022. On the other hand, demand deposits have decreased by (-26.2%), Investments sold under repurchase agreements have decreased by (-55.9%) and Interbank borrowings have decreased by (-0.4%). Highlights In Ch$ million, end of period 1Q23 4Q22 change 1Q22 change Funding from Clients (A) 18,594,268 18,612,926 -18,658 -0.1% 18,484,575 109,693 0.6% Deposits and other demand liabilities 5,344,003 5,555,185 -211,182 -3.8% 7,243,860 -1,899,857 -26.2% Time deposits and saving accounts 12,815,920 12,703,653 112,268 0.9% 10,255,805 2,560,115 25.0% Investments sold under repurchase agreements 434,345 354,088 80,257 22.7% 984,910 -550,565 -55.9% Other Funding (B) 13,150,240 12,895,032 255,208 2.0% 11,841,727 1,308,513 11.1% Letters of credit 17,531 18,940 -1,409 -7.4% 22,573 -5,041 -22.3% Bonds 6,864,839 6,528,867 335,972 5.1% 5,868,917 995,922 17.0% Subordinated bonds 1,235,501 1,263,169 -27,668 -2.2% 1,156,027 79,474 6.9% Interbank borrowings 4,734,426 4,728,323 6,103 0.1% 4,751,122 -16,695 -0.4% Other financial liabilities 297,943 355,733 -57,790 -16.2% 43,088 254,854 591.5% Total Funding (A) + (B) 31,744,508 31,507,958 236,550 0.8% 30,326,302 1,418,206 4.7% Loans and Funding Loan portfolio / Funding from clients and other funding 30.3 31.4 31.9 31.5 31.7 24.8 26.6 27.3 26.6 26.5 Mar-22 Jun-22 Sep-22 Dec-22 Mar-23 81.9% 84.7% 85.6% 84.5% 83.5% The ratio between the loan portfolio and the funds raised from clients and other funding reached 83.5% in the first quarter of 2023: Loan portfolio Funding from clients and other funding

50 Itaú Management Discussion & Analysis Risk and Capital Management Risk and Capital Management We believe that risk management is essential to optimize the use of resources and select the best business opportunities to maximize value cre-ation for shareholders. In this context, the risk appetite statement defines the nature and the level ofrisks acceptable and the risk culture guides the attitudes required to manage them. We have established a Risk and Capital Commission to assist our Board and management in their assessment and management of market and liquidity risks, P&L and capital adequacy, in accordance with both economic principles and the applicable regulation. The Commission applies these principles and rules to provide oversight and management of market and liquidity risks, P&L and economic capital allocation, to review the effectiveness of related policies and limits as well as to review the adherence to market and liquidity risk and capital policies and procedures throughout the Bank. We take a forward-looking stance in relation to capital management and, through our Internal Capital Adequacy Assessment Process (“ICAAP”), we assess the adequacy of our capital to face the incurred risks, composed by credit, market, operational and other material risks. Liquidity Coverage Ratio (LCR) Net Stable Funding Ratio (NSFR) In Ch$ million 1Q23 4Q22 High Quality Liquid Assets 4,324,411 4,089,366 Net Potential Cash Outflows 1,845,357 1,863,212 LCR (%) 234.3% 219.5% In Ch$ million 1Q23 4Q22 Available Stable Funding 21,911,512 22,466,505 Required Stable Funding 19,420,815 19,613,314 NSFR (%) 112.8% 114.5% In Ch$ million 1Q23 4Q22 Available Stable Funding 3,145,399 3,225,901 Required Stable Funding 3,248,544 3,210,885 NSFR (%) 96.8% 100.5% • Identification and measurement of existing and potential risks in our operations. • Alignment of institutional policies for risk management control, procedures and methodologies according to the guidelines of the Board of Directors and our corporate strategies. • Management of our portfolio seeking optimal risk-return ratios. Our risk management process includes: Starting in April 2019, Chilean banks began reporting their local LCR figures with a minimum level set by CMF at 60%.This minimum gradually increased to 100% by June 2022. Our internal minimum limit for LCR set by our board of directors is 100%. Note: Figures for Colombia are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean peso at a single foreign exchange rate: Ch$0.1713 per COP as of March 31, 2023. Note: Figures for Colombia are expressed in constant currency, thus all figures from each of the periods analyzed were converted into Chilean peso at a single foreign exchange rate: Ch$0.1713 per COP as of March 31, 2023. • In line with international risk management practices, we use the Liquidity Coverage Ratio (LCR) and Net Stable Funding Ratio (NSFR) to manage liquidity risk. • The methodology used to estimate LCR and NSFR consists of liquidity ratios proposed by the Basel III Committee on Banking Supervision (BIS III), which were adopted by the CMF and the Brazilian Central Bank (BACEN). Highlights Our current internal minimum limit for NSFR, set by the board of directors, is 90% in Chile and Colombia. Note: NSFR data considers consolidated information for Chile and its subsidiaries and for Colombia and its subsidiaries . In this report, we have changed “Potential Cash Outflows” data included in 3Q19, for “Net Potential Cash Outflows” since 4Q19. Liquidity Ratios In Ch$ million 1Q23 4Q22 High Quality Liquid Assets 721,466 694,046 Net Potential Cash Outflows 424,622 380,211 LCR (%) 169.9% 182.5%

51 Itaú Management Discussion & Analysis Risk and Capital Management Capital Our minimum capital requirements are set by the Comisión para el Mercado Financiero (“CMF”), which follows the Chilean banking law capital requirements. On January 12, 2019, a new banking law was enacted for purposes of adopting Basel III and replaced the SBIF with CMF, as of June 1, 2019. With this milestone the process of implementing Basel III in Chile started. During 2020, the CMF issued regulations for several key definitions for the implementation of Basel III, such as the exact ca pital de-ductions to be taken from regulatory capital, specific buffer sizes, changes in credit RWA as well as the definitive models f or market and operational risks, among other aspects. The regulatory adjustments of the capital base will be applied progressively duri ng a 5- year term, with no deductions applied in 2021. Currently, our minimum capital requirement is expressed as a ratio of regulatory capital, stated by the referential equity or total capital, composed of Tier I capital and Tier II capital, and the risk-weighted assets, or RWA. Our minimum total capital requirement corresponds to 10.0%. Itaú targets an optimal capital ratio based on the greater of 120% of the minimum regulatory capital requirement or the avera ge regulatory capital ratio of the three largest private banks in Chile and Colombia. Minimum Capital Requirement In Ch$ millions, end of period 1Q23 4Q22 Core capital 1 3,361,783 3,320,109 (-) Goodwill (492,512) (492,512) (-) New discounts under Basel III (45,316) (39,551) (+) Subordinated debt 1,092,644 1,120,705 (+) Additional provisions 172,529 175,501 (+) Minority interest 2,610 2,650 = Regulatory capital (Core capital + Tier II capital) 4,091,738 4,086,902 Risk-Weighted assets (RWA) 26,807,237 26,687,993 BIS (Regulatory capital / Risk-weighted assets) 2 15.26% 15.31% Core capital ratio 1 (ex-goodwill) 10.53% 10.45% Main changes in the 1Q23 Note: (1) Core Capital = Capital básico according to CMF current definitions aplied from 4Q21; (2) BIS Ratio = Regulatory capital / RWA, according to CMF current definitions aplied from 4Q21. Solvency Ratios As of March 2023, the capital adequacy ratio of our financial institution reached a percentage of 15.26%, reflecting a solid capitali-zation by the bank. Compared to December 2022, this indicator experienced a variation of -5 basis points, mainly due to an increase in risk-weighted assets (RWA), as well as a negative impact on other comprehensive income (OCI) and a reduction in the computa-bility of subordinated debt. However, these reductions were offset by an increase in the results of the period during the qua rter in question and by the effects of exchange rate on risk-weighted assets. 15.31% 15.26% 16 bp -2 bp -11 bp -7 bp -1 bp 4T22 Capital Básico(1) Nuevos descuentos Basilea III Bonos Subordinados APR Otros 1T23

52 Itaú Management Discussion & Analysis Risk and Capital Management Ownership structure and resource management The Bank's current ownership structure consists of Itaú Unibanco (65.62%) and minority shareholders (34.38%), the latter includes the Saieh Family (1.83%). It is worth mentioning that the ownership structure was recently updated, on July 14, 2022, the dat e on which the termination of the Transaction Agreement, dated as of January 20, 2017, among Itaú Corpbanca, among Itaú Unibanco Holding S.A., CorpGroup Interhold SpA, Inversiones GASA Limitada and other related companies of CG Banking, as well as the Shareholders Agreement, dated as of April 1, 2016, among CorpGroup Interhold SpA, Inversiones Gasa Limitada, CG Banking, CorpGroup Holding Inversiones Limitada, SAGA, ITB Holding Brasil Participações Ltda and Itaú Unibanco Holding S.A., was com-municated to the market by means of a Material Event Notice filed with the CMF. The Bank's bylaws, Title VII, establish that it must distribute annually as a cash dividend to its shareholders, at the propo sal of the Board of Directors and in proportion to its shares, at least 30% of the net profits of each year. However, no dividend may be dis-tributed if a part of the capital has been lost, while the loss has not been repaired, or in the event that due to the effect of the distribution the Bank infringes any of the patrimonial requirements required by the General Law of Banks. Under the development exercise of the capital contingency plan, we seek to design a system that allows an efficient response to a capital adequacy event (ESC), in order to safeguard the continuity of the Bank and its subsidiaries, minimize negative effect s and protect depositors, creditors and shareholders of Itaú. The capital contingency plan is reviewed and updated annually, in acc ord-ance with the preparation of the Bank's capital plan or other possible needs, with the aim of having a plan that allows stabi lizing and resolving these situations in the appropriate time, safeguarding compliance with internally defined capital requirements, as well as regulatory requirements.

Additional Information 03 Management Discussion & Analysis and Complete Balance sheet & income statements

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55 Itaú Management Discussion & Analysis Additional Information Our Shares 51 Itaú capital stock is composed of 973,517,871,202 common shares traded on the Santiago Stock Exchange (ITAUCL) as of March 31, 2023. Shares are also traded as American Depositary Receipts (“ADR”) on the New York Stock Exchange (ITCB). Dividends The actual amount of dividends will depend on, among other factors, our current level of net income, capital and legal reserve requirements, as well as market conditions. We cannot guarantee the amount or timing of future divi-dends. For purposes of capital requirements, annual dividends are provisioned at 30%. Itaú paid its last annual dividend of Ch$0.0856089775/ share in Chile on March 24, 2022. The dividend payout ratio was 30% of 2021 Net Income, equivalent to a dividend yield of 5.41%. The following table shows dividends per share distributed during the past five years: Charge to Fiscal Year Year paid Net Income (Ch$ mn)1 % Distrib-uted Dividend per Share (Ch$) 2018 2019 172,047 30% 0.100728627 2019 2020 127,065 100% 0.2479770771 2020 2021 (925,479) 0% 0.000000000 2021 2022 277,806 30% 0.0856089775 2022 2023 433,744 30% 0,13366291589 Ch$1.9 trillion | US$2.4 billion Market Capitalization Corporate Structure Chart Performance in the Capital Markets Sell-side ratings 9 2 0 Buy Hold Sell Source: Sell-side reports. As of March 31, 2023, our shareholders structure was as follows: Shareholder Base and Ratios 1Q23 4Q22 1Q22 Number of outstanding shares (million) 973,517.9 973,517.9 973,517.9 Number of outstanding ADRs [1:1500] (million) 6.54 6.68 6.47 Recurring Diluted Earnings per share in the quarter (Ch$) 0.08 0.09 011 Accounting Diluted Earnings per share in the quarter (Ch$) 0.08 0.08 0.11 Recurring Diluted Earnings per ADR in the quarter (US$) 0.15 0.15 0.22 Accounting Diluted Earnings per ADR in the quarter (US$) 0.15 0.14 0.21 Book value per share in the quarter (Ch$) 3.45 3.41 3.22 Price* / Earnings (P/E) 6.38 5.74 4.01 Price*/ Tangible Book Value (P/B) 0.57 0.55 0.54 ITAUCORP ITCB Price and Volume (Common shares) (ADR) Ch$ US$ Closing Price at 03/31/2023 1.96 3.60 Maximum price in the quarter 1.96 3.65 Average Price in the quarter 1.85 3.39 Minimum price in the quarter 1.74 3.09 Closing Price at 12/31/2022 1.87 3.23 Closing Price at 03/31/2022 1.75 3.34 Change in 1Q'23 4.76% 11.46% Change in LTM 11.94% 7.78% Average daily trading volume LTM (million) 1,773.77 0.06 Average daily trading volume in 1Q'23 (million) 1,534.45 0.02 * Closing price on the last trading day of each period. 1- Net Income Attributable to Shareholders (Accounting) Strengths of our structure • Itaú is controlled by Itaú Unibanco. • Professional and experienced management team. Average daily traded volumes for the 12-month period ended March 31, 2023 (US$ million) 1– Includes 103,736,846,776 shares owned by ITB Holding Brasil Participações Ltda. that are under custody. 2− Includes 36,000,000 shares owned by Corp Group Banking S.A. that are under custody. Itaú 973,517,871,202 (# total shares). Itaú Unibanco1 65.62% Others2 34.38%

56 Itaú Management Discussion & Analysis Credit Risk Ratings Additional Information On a global scale, Itaú is rated by two internationally recognized agencies: Moody´s Investors Service (‘Moody’s’) and Standard & Poor´s Global Ratings (‘Standard & Poor’s’ or ‘S&P’). Detailed international ratings are presented below: International Credit Risk Rating Moody´s Rating Long term Counterparty Risk Rating (CRR) A2 Long-term foreign currency deposits A3 Long-term foreign currency debt A3 Short-term foreign currency deposits Prime-2 Outlook Stable On a national scale, Itaú is rated by Feller Rate Clasificadora de Riesgo Ltda. (‘Feller Rate’) and by Clasificadora de Riesgo Humphreys Ltda. (‘Humphreys’). Detailed local ratings are presented below: Standard & Poor´s Rating Long-term issuer credit rating BBB+ Senior unsecured bonds BBB+ Short-term issuer credit rating A-2 Outlook Negative Local Credit Risk Rating Feller Rate Rating Long-term issuer credit rating AA+ Senior unsecured bonds AA+ Letter of credit AA+ Long-term deposits AA+ Subordinated bonds AA Short-term deposits Nivel 1+ Shares 1ª Clase Nivel 1 Outlook Stable Humphreys Rating Long-term issuer credit rating AA+ Senior unsecured bonds AA+ Letter of credit AA+ Long-term deposits AA+ Subordinated bonds AA Short-term deposits Nivel 1+ Shares 1ª Clase Nivel 1 Outlook Stable

57 Itaú Management Discussion & Analysis Our Value Proposition Based on a segmentation model aimed at optimizing the level of service, satisfaction and profitability per customer, Itaú has focused on the delivery of financial solutions that create value for its customers, recognizing and adapting to new trends and needs, putting a main focus on the “digital transformation”. Segmentation Wholesale Banking Retail Banking • Corporate and Investment Banking (CIB): serves the largest economic groups of the country. This unit is distinguished by the understanding and knowledge of the business of its clients, focusing on serving them with value propositions adapted to their needs, maintaining a constant search for the quality of the services delivered and real concern in the use of Environmental, Social and Governance (ESG) criteria. • Institutional: this segment is specialized in financial and non-financial institutional clients, with focus on their investment, funding and non – credit products and ser-vices needs for their daily operations. • Multinational: levers the Itaú BBA footprint along Latam, developing distinct value proposals for companies operating along the region. We supply different alterna-tives for optimizing working capital and Treasury management cross border. • Real Estate and Construction Banking: serves clients that develop and sell real estate, lease commercial, industrial and residential buildings, and construction companies. • Large Companies Banking: its clients correspond to legal entities and/or economic groups with annual revenues between US$8 and US$100 million, that do not oper-ate in the real estate or construction industries. It stands out for its national pres-ence from the business center of Santiago to commercial executives in the main cities of the country. • Private Bank: serves high income individuals with net investments over US$1 million and their personal businesses. • Personal Bank: serves individuals with monthly income from Ch$2.5 million in the Metropolitan Region and Antofagasta, and Ch$2.3 million in other parts of Chile, or investments between Ch$70 million and Ch$700 million . • Itau Branches: corresponds to the commercial segment that serves individuals with monthly income between Ch$600,000 and Ch$2.5 million in the Metropoli-tan Region and Antofagasta, and Ch$2.3 million in other parts of Chile, or invest-ments under Ch$70 million. • Condell: serves individuals with monthly income between Ch$200,000 and Ch$600,000. Additionally, Retail Banking serves medium and small companies with annual reve-nues of up to US$8. Since the fourth quarter of 2021, the Bank has begun to work on changes to its segmentation model, to evolve from a model that focuses on size and sector, to one that includes and understands variables of customer behavior, allowing it to increase its customer satisfaction by focusing efforts on new customer needs (see Annual Report 2022 available in https://s2.q4cdn.com/476556808/files/doc_financials/2022/ ar/ITCB-Memoria-Integrada-Annual-2022.pdf) Additional Information CIB Institutional Multinational Real Estate Large Companies Private Bank Itau Branches Personal Bank

58 Itaú Management Discussion & Analysis Our Value Proposition This unit aims to manage the market and liquidity risks of the Bank, as well as to optimize the funding structure and allocation of transfer prices applied to the products managed by the Bank. This unit comprises four areas in charge of developing these objectives: • Distribution Desk, in charge of the distribution of the Bank's financial products to its customers through specialized equipment and chan-nels. • Liquidity, responsible for guaranteeing the liquidity of the Bank that allows it to efficiently fulfill its obligations according to internal and external policies and guidelines. • Trading and Market Making, manages the Bank's market risks and provides competitive pricing so the Distribution Desk can distribute treasury products in the various commercial segments. • Asset and Liability Management (ALM), responsible for managing the market risks of the Bank's balance sheet and executing the institu-tion’s banking book strategy. The Bank's segmentation model is consolidated through subsidiaries, through which more comprehensive financial solutions are delivered. These subsidiaries are made up of:  Itaú Corredores de Bolsa Limitada.  Itaú Asesorías Financieras Limitada.  Itaú Corredores de Seguros S.A.  Recaudaciones y Cobranzas Limitada.  Itaú Administradora General de Fondos S.A. Within the framework of this segmentation model, Itaú structures its offering of products and services covering: Treasury Companies • Commercial current accounts • Commercial credit card • Financing (credits, foreign trade, factoring and leasing) • Cash management • Corporate finance • Derivatives • Investment Banking • Insurances Detalles en Itaú para tu empresa Individuals • Retail current account • Line of credit • Credit cards • Credits (consumer, student portfolio, among others) • Mortgage credit • Investments • Insurances Details in Itaú para ti Additional Information

59 Itaú Management Discussion & Analysis Main Stakeholders Stakeholders Customers, defined as individuals or companies of all sizes that use the Bank’s services. Communication and relationship with this interest group is developed through the following channels: physical and digital branches, website, app, social networks, mailing, contact center, NPS surveys, among others. Employees, includes the employees of the Bank and its subsidiaries. Communication and relations with this group are maintained through the Bank's intranet, internal newsletters, information screens, climate surveys, meetings of team leaders and feedback, among others. The segmentation model, the value proposition and the strong link with stakeholders serve as a basis for the realization of the strategic ob-jectives defined by the Bank, goals that in quantitative terms and in particular for the year 2023, refer to a growth of loans, with credit risk and Non-interest Expenses with controlled growth, objectives that were periodically monitored and analyzed in this quarterly disclosure (page 19 of this report). Itaú's activity focuses on the implementation of a transformation plan based on five pillars: “disruption”, “customer centricity”, “simple and digital ”, “innovative organization and culture ” and “sustainable results”. Under this framework, decision-making process takes into account social impact and shared values, which is why the Bank actively connects with its stakeholders, strengthening relationships of trust that safeguard its customers, collaborators and therefore the Bank itself. Additional Information Suppliers, with which constant communication is maintained via email, supplier portal, surveys, press releases, among others. Shareholders/Investors, group of stakeholders with whom the Bank communicates by means of: email, shareholders' meetings, notices to the market, the Bank's investor relations website, Quarterly Releases, among others. Regulatory authorities, including financial industry and other regulatory entities with which the Bank holds compliance obligations. The Bank maintains communications with regulatory entities via Memos, Regulator email address, Securities and Exchange Commis-sion (SEC) filings, among others. Society in general, includes the media and citizens in general (customers and non-customers).

60 Itaú Management Discussion & Analysis Risk management Additional Information Financial activities entail exposure to financial, credit, operational, legal and compli-ance risks, among others; for this reason Itaú has adopted an integrated risk manage-ment model, which starts with strengthening the transversal position of the collabora-tors as risk managers and is enhanced with the activity of Corporate Risk Depart-ment, which reports to the Chief Executive Officer and is responsible for carrying out this integral management, so that this becomes a competitive advantage for the Bank. Among the challenges arising from the COVID-19 pandemic, the adaptation to remote work, the definitions of financial portability and, in general, the focus on the digital transformation applied by the Bank, has meant working on the strengthening of the Bank's risk management culture, with an emphasis on internal and external cybersecurity evidenced by various cybersecurity initiatives (such as training, communica-tions, promoting good internal practices and customer engagement, among others). In 2022, the management of these risks will continue to be a priority in the Bank's activity. From the perspective of socio-environmental risks, understanding that climate change can have consequences at physical and systemic levels, which affect the financial system and societies as a whole, in 2019 the Bank signed, together with others actors in the national banking system, the Green Agreement promoted by the Chilean Finance Ministry’s Green Finance Board, whose objective is to support the commit-ments that Chile has made in climate matters. During the year 2020, the work focused on the definition of a Roadmap that will define the im-plementation of the Green Agreement that implies, in turn, the development of a Methodological Guide that allows the banking sector to manage the risks and opportunities in this context. Along similar lines, Itaú had a Socio-Environmental Risk Policy since 2018, which defines the guidelines for the evaluation of financing granted by the Bank, from the perspective of social and environmental impacts, a policy applied by the socio-environmental risk area, which per-forms an analysis of the information provided by clients to classify them according to their exposure to environmental risks, social and repu-tational. These bodies regulate and oversee compliance with current environmental, business-specific, labor, hygiene and safety regulations. The area searches the press for articles related to socio-environmental and reputation risk. It visits the customer’s webpage to analyze the social and environmental commitments undertaken. Based on the information gathered, the socio-environmental risk area drafts a report and assesses the customer on the basis of socio-environmental and reputation risk exposure (see Annual Integrated Report 2022 available at https://s2.q4cdn.com/476556808/files/doc_financials/2022/ar/ITCB-Memoria-Integrada-Annual-2022.pdf). For more details of the risk management carried out and description of the same see chapter 8.5 of the Integrated Annual Report 2022 availa-ble in https://s2.q4cdn.com/476556808/files/doc_financials/2022/ar/ITCB-Memoria-Integrada-Annual-2022.pdf. At Itaú we are all risk managers In this aspect, three lines of defense of the Risk Management Model are defined: 1 1 st Line of Defense: Business and Support Areas, responsible for identifying, measuring, assessing and managing the opera-tional risks that can impact the ability to meet strategic and operational objectives. 2 2 nd Line of Defense: Compliance and Operational Risk Departments, responsible for assisting the Business and Support areas in managing operational risks and ensuring processes are in compliance with current regulations (internal and external). 3 3 rd Line of Defense: Internal Audit, responsible for regularly and independently evaluating the adequacy of risk management processes and procedures in accordance with Internal Audit Policy and reporting results to the Audit Committee.

61 Itaú Management Discussion & Analysis

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Certain statements in this Report may be considered as forward-looking statements. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "believe", "expect", "plan", "intend", "forecast", "target", "project", "may", "will", "should", "could", "estimate", "predict" or similar words suggesting future outcomes or language suggesting an outlook. These forward-looking statements include, but are not limited to, statements regarding expected benefits and synergies from the recent merger of Banco Itaú Chile with and into Corpbanca, the integration process of both banks, the expected timing of completion of the transaction, anticipated future financial and operating performance and results, in-cluding estimates for growth, as well as risks and benefits of changes in the laws of the countries we operate, including the Tax Reform in Chile. These statements are based on the current expectations of Itaú’s management. There are risks and uncertainties that could cause actual results to differ materially from the forward-looking statements included in this communication. For example, (1) problems that may arise in successfully inte-grating the businesses of Banco Itaú Chile and Corpbanca, which may result in the combined company not operating as effectively and efficiently as expected; (2) the combined company may be unable to achieve cost-cutting synergies or it may take longer than expected to achieve those synergies; (3) the credit ratings of the combined company or its subsidiaries may be different from what Itaú or its controlling shareholders expect; (4) the business of Itaú may suffer as a result of uncertainty surrounding the merger; (5) the industry may be subject to future regulatory or legislative actions that could adversely affect Itaú; and (6) Itaú may be adversely affected by other economic, business, and/or competitive factors. Forward-looking statements and information are based on current beliefs as well as assumptions made by and information currently available to Itaú’s management. Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and risks that predic-tions, forecasts, projections and other forward-looking statements will not be achieved. We caution readers not to place undue reliance on these statements as a number of important factors could cause the actual results to differ materially from the beliefs, plans, objectives, expectations and anticipations, estimates and intentions expressed in such forward-looking statements. More infor-mation on potential factors that could affect Itaú’ s financial results is included from time to time in the “Risk Factors” section of Itaú’ s Annual Report on Form 20-F for the fiscal year ended December 31, 2021, filed with the SEC. Furthermore, any forward-looking statement contained in this Report speaks only as of the date hereof and Itaú does not undertake any obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events or otherwise. The forward-looking statements contained in this Report are expressly qualified by this cautionary statement. CONTACT INFORMATION: Gabriel Moura CEO. Itaú Santiago. Chile Phone: (562) 2686-0558 IR@corpbanca.cl Rodrigo Couto CFO. Itaú Santiago. Chile Phone: (562) 2834-6067 rodrigo.couto@itau.cl CAUTION REGARDING FORWARD-LOOKING STATEMENTS