Presentation June 2016 CORPBANCA COLOMBIA BANKS HISTORY Merger Ita - PowerPoint PPT Presentation

Institutional Presentation June 2016

CORPBANCA COLOMBIA │BANK’S HISTORY Merger Itaú Chile and Corpbanca Chile (main shareholder of 2016 Corpbanca Colombia). April 1 st 2016 Corpbanca Colombia acquired Helm Bank and its subsidiaries. 2013 Merger June 1 st 2014 2012 Grupo CorpBanca Chile acquired the bank 1997 The Spanish group Santander acquired the bank and changed its name to Banco Santander Colombia Changed its name to Banco Comercial Antioqueño and merged with 1942 Banco Santander de Colombia (Blue) under the name “Bancoquia” 1912 Banco Alemán Antioqueño is established by Colombian and German businessmen

CORPBANCA COLOMBIA │ SHAREHOLDER’S COMPOSITION Percentage Minor Helm 1/ Itaú Corpgroup 2/ Shareholders CorpBanca 66.28% 20.82% 12.36% 0.54% CorpBanca Colombia As of April 2016 1/ Through Helm LLC 19.44% and Kresge Stock Holding Company Inc. 1.38% 2/ Through different companies. CG Financial Colombia S.A.S. 8.28%, Corpgroup Interhold SPA 2.09%, Corp Group Banking S.A. 1.99%, CG Investment Colombia S.A. 0.00%

MERGER CORPBANCA - ITAÚ CHILE │ TRANSACTION STRUCTURE Percentage Merger Merger of Itaú Chile and CorpBanca  CorpGroup and Itaú Unibanco Susidiaries  Resulting property structure: 100.00% 100.00% 100.00% ― Itaú Unibanco: 33.58% SAGA CorpGroup Minor ― CorpGroup and subsidiaries: HoldCo A Ltda. Banking Shareholders 33.13% 33.58% 3.65% 29.48% 33.29% ― Minor Shareholders: 33.29% Shareholders Agreement Itaú Unibanco will sign a  Colombia’s shareholders agreement with Itaú CorpBanca Minor CorpGroup to determine corporate Shareholders governance issues of the merged bank 100.00% [66.28]%* [33.72]%* Corporación CorpBanca Financiera Itaú Colombia (Itaú Colombia)  Itaú CorpBanca will buy 12.36% of ownership of Corpgroup Source: CorpBanca Chile

MERGER CORPBANCA - ITAÚ CHILE │PROGRESS Jan 29 2014 April 29 2015 Jun 2 2015 Delivery of Expert Amendment of Signature of a Report Exchange Transaction Strategic Ratio Agreement Association CorpBanca’s Agreement Board of Directors between recommend the CorpBanca and operation. Itaú Chile 1/ Approval of Brasil, Panamá and Colombia. Waiver IFC Jun 26 2015 Jun 30 2015 Sep 4 2015 Apr 1 2016 29 ene 2017 CorpBanca’s Chile’s SBIF Approval of Itaú Merger Itaú Maximum date to sell CorpGroup’s stake in Extraordinary Chile Extraordinary Approval CorpBanca. Shareholders Shareholders Brand: Banco Itaú or en CorpBanca Colombia (12.36%) 2/ Meeting. Approval Meeting Itaú with 88.39% votes. Source: Relevant Information, IRO Chile 1/ CorpBanca Chile announces that Inversiones CorpGroup Interhold Limitada, Inversiones Saga Limitada, Itaú Unibanco Holding S.A. and Banco Itaú Chile, subscribed a Transaction Agreement, in which the parties will perform a strategic alliance of its operations in Chile y Colombia, subject to the authorizations of the regulators (Chile, Colombia, Panamá and Brasil), and the approval of CorpBanca’s and Banco Itaú Chile’s shareholders. 2/ Banco CorpBanca Colombia will not distribute dividends until the closing date of the sale

CORPBANCA COLOMBIA │MERGER CORPBANCA – HELM, TWO STAGES Banks’ Brokerage Firms Legal Merger Merger Aug. 20 Nov. 29 Mar. 1 2014 Jun. 1 2014 Sep. 1 2014 2017 2013 2013 Time  The legal merger implies the use of a single tax ID (NIT) Merger for both companies ( CorpBanca’s NIT) Planning  The brands and branch network will continue to operate consistent with past practice First 100 days Implementation – Legal Merger Banks Monitoring Period Implementation – Merger Brokerage Firms Monitoring Period Finished Operational and IT Merger On going

ITAÚ │MAIN NUMBERS • International Bank with more than 85 years of history. Presence in over 20 countries in America, Europe and Asia • USD $39.9 billion market cap • 90,320 employees • 4,985 branches and CSBs • 26,412 ATMs • Net Income USD $6 billion in 2015 1/ • Assets USD $343 billion in December 2015 1/ • Listed in Sao Paulo (BM&FBovespa), Buenos Aires and NYSE • Part of Dow Jones Sustainability Index since its beginning in 1999 • Most valuable brand in Brasil, USD $8.5 billion (Interbrand 2015) • Vision: To be the leading bank in sustainable performance and customer satisfaction Source: Institutional Presentation Itaú. Itáú Unibanco Holding, December 2015 1/ Exchange Rate 3.9609 BRL / USD December 31st 2015

CORPBANCA COLOMBIA │ FINANCIAL GROUP Percentage Related Company Helm Corredor de Seguros CorpBanca Helm Helm Bank Helm Investment Comisionista [Panamá] Fiduciaria Trust de Bolsa 94.0% 100.0% 94.5% 95.0% Helm Casa de Valores [Panamá] 100.0%

CORPBANCA COLOMBIA │ BRANCH NETWORK 164 branches in the 20 main cities of Colombia 1/ 180 ATMs 577 thousand clients 2/ 3,664 employees 3/ 1/ Cities with Coprbanca presence Armenia, Barrancabermeja, Barranquilla, Bogotá, Bucaramanga, Cali, Cartagena, Caucasia, Cúcuta, Ibagué, Manizales, Medellín, Montería, Pasto, Pereira, Popayán, Rionegro, Santa Marta, Tunja, Villavicencio. Does not include specliazed Leasing and SMEs branches. 2/ As of June 2016. 3/ As of June 2016. Subsidiaries employees included. Bank employees 3,200.

CORPBANCA COLOMBIA │CLIENTS BY SEGMENT Number, percentage Total Companies 577,299 49,047 Total Bank Institutional 8.5% Companies 2.0% 1.1% Other 1.1% Private Corporate 2.9% Banking Medium 9.6% 90.4% Individuals 84.2% Small Clients June 2016

CORPBANCA COLOMBIA │ RISK RATINGS 1/ CorpBanca overcomes his first operation year after the merged without traumatism LONG-TERM DEBT DEUDA A LARGO PLAZO The Chilean merger could bring additional benefits and AAA(col) perspectiva AAA (col) Stable Outlook adoption of best practices FITCH estable FITCH Good quality of loan portfolio. Adequate risk controls, RATINGS DE RATINGS DE consistent with best practices and requirement of his head office. COLOMBIA DEUDA A CORTO PLAZO SHORT-TERM DEBT COLOMBIA F1+ (col) Adequate capital base. The equity injections made and F1+ (col) the commitment not to payment dividends in the first years of operation have been positive to the operation. The merger process between Helm and Corpbanca DEUDA A LARGO PLAZO has progressed according with established LONG-TERM DEBT schedules. AAA Creditwatch Negativo Best performance in quality of loan portfolio AAA compared to the average of banks. BRC S&P Robust structure for risk management in accordance with best practices. SHORT-TERM DEBT DEUDA A CORTO PLAZO Adequate bank's stockholders’ equity position ass a result of retained profits and moderated increase of BRC1+ BRC 1+ assets. Good credit profile of Itaú Corpbanca, with strategic importance of Colombia. 1/ BRC’s Rating issued April 2016 and Fitch’s Rating issued April 2016

CORPBANCA COLOMBIA │ CORPORATE GOVERNANCE *44% independent Board Members, in accordance with the current laws Board of Directors - Members • Monthly Audit Committee with 3 Board Members, 2 1 Roberto Brigard Holguín* independent • Rules of Procedure for the Board of Directors 2 Luis Fernando Martínez Lema* • Rules of Procedure for Shareholder’s Meetings • Corporate Governance Committee • Governance Code 3 Juan Carlos García Cañizares* • Annual Corporate Governance Report • Bylaws and related information published in 4 Santiago Jaramillo CorpBanca’s Web Page • Convergence towards new “ Código País” 5 Juan Echeverría González guidelines. e.g. CRO Chief Risk Officer • Executive Credit Committee with Board members 6 Milton Maluhy Filho of Colombia and Chile 7 Carmiña Ferro Iriarte 8 Mónica Aparicio Smith* 9 Rafael Pardo Soto * Independent Members. Board reelected on Shareholders Meeting March 2016 * Miembros independientes. Junta Directiva reelegida en Asamblea de Marzo de 2016

CORPBANCA COLOMBIA │ CUSTOMER SERVICE SATISFACTION Banking sector Satisfaction Index (CIV) 2015 Helm’s and Corpbanca’s network branches occupy 79.0 Helm Bank 1st and 6th place at the Colombian banks ranking in 75.0 Davivienda customer service and 75.0 Banco de Occidente quality 74.0 BCSC Customer Index Value 74.0 Banco de Bogotá (CIV) methodology that 74.0 CorpBanca objectively and 73.0 Sector independently measures the client’s experience. 73.0 BBVA Produces the only customer 73.0 Bancolombia satisfaction index in the 73.0 Citibank country. 71.0 AV Villas 70.0 Popular 70.0 Colpatria

CORPBANCA COLOMBIA │ COMMITMENTS AND BEST PRACTICES ON SUSTAINABILITY • Liders of the Financial Institutions • Environmental and Social Risks Network • Green Products • Environmental and Social Risks • Eco-efficiency • Human Rights • Green Products • Stakeholders Dialogues • Labor Rights • Eco-efficiency • Anticorruption • Environment • 100 development ratios for the financial • SEMS (Social and Environmental • Carbon Footprint certificate sector Management System) by ICONTEC following • Guides for policies and processes ISO14064 and GHG • Transparency Report Protocol.

COLOMBIAN BANKING SECTOR │RANKING MAY 2016 USD Billions ASSETS 41 CorpBanca’s 28 6.3% 24 Market Share 17 11 11 9 8 7 7 4 4 4 1 1 1 1 0 0 0 0 0 0 0 0 56 LOANS + DEPOSITS 36 36 CorpBanca’s 6.3% 28 Market Share 17 16 12 11 10 9 7 6 6 2 2 1 1 1 1 0 0 0 0 0 0 Source: Superfinanciera; Analysis: Banco Corpbanca. Exchange rate 30/06/2016: $ 2,916.15