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PLEDGE WITHOUT CONVEYANCE ON SHARES

CORP GROUP BANKING S . A .

TO

ITAÚ UNIBANCO HOLDING S . A .

IN THE CITY OF SANTIAGO , REPUBLIC OF CHILE , on April 1, 2016, before me, EDUARDO JAVIER DIEZ MORELLO , attorney-at-law and Notary Public, in charge of the 34th. Notarial Office of Santiago, located at Avenida Luis Thayer Ojeda No. 359, in Providencia, there appeared: / ONE / María Pilar Dañobeitía Estades , a Chilean citizen, single, accountant auditor, holder of national identity card No. [       ], acting in the name and on behalf, as it shall be hereinafter evidenced, of CORP GROUP BANKING S.A ., a sociedad anónima cerrad a (a closely-held corporation) doing business as an investment company, Rol Único Tributario (Taxpayer’s Identification) No. [       ] hereinafter also referred to as “ CGB ”, both of them domiciled to the effects hereto at Rosario Norte, No. 660, 23rd floor, in Las Condes, Santiago; /TWO/   María Pílar Dañobeitía Estades , already identified above, acting in the name and on behalf, as it shall be hereinafter evidenced, of COMPAÑÍA INMOBILIARIA E INVERSIONES SAGA SPA   Rol Único Tributario (Taxpayer’s Identification) Number [       ], hereinafter also referred as “ SAGA ” and, jointly with CGB, the “ Pledgors ”, and individually, the “ Pledgor ”, both of them domiciled to the effects hereto at Rosario Norte, No. 660, 23rd floor, in Las Condes, Santiago; /THREE/   Luisa Núñez Plaza , a Chilean citizen, single, attorney-at-law, holder of national identity card No. [       ], acting in the name and on behalf, as it shall be hereinafter evidenced, of ITAÚ UNIBANCO HOLDING S.A. , Rol Único Tributario (Taxpayer’s Identification) Number [       ], hereinafter referred to as the “ Pledgee ”, both of them domiciled to the effects hereto at Avenida Apoquindo 3721, 13th. Floor, in Las Condes, Santiago; /FOUR/   María Pílar Dañobeitía Estades , already identified above, acting in the name and on behalf, as it shall be hereinafter evidenced, of CORP GROUP INTERHOLD SPA formerly known as INVERSIONES CORP GROUP INTERHOLD LIMITADA, a sociedad por shares (joint-stock corporation) doing business as an investment company, Rol Único Tributario (Taxpayer’s Identification) Number [       ], both of them domiciled to the effects hereto at Rosario Norte, No. 660, 23rd floor, in Las Condes, Santiago; /FIVE/   María Pilar Dañobeitía Estades, already identified above, acting in the name and on behalf, as it shall be hereinafter evidenced, of INVERSIONES GASA LIMITADA S.A., a limited liability company doing business as an investment company, Rol Único Tributario (Taxpayer’s Identification) Number [       ], both of them domiciled to the effects hereto at Rosario Norte, No. 660, 23rd floor, in Las Condes, Santiago; and /SIX/ M aría Pílar Dañobeitía Estades , already identified above, acting in the name and on behalf, as it shall be hereinafter evidenced, of CORP GROUP HOLDING INVERSIONES LIMITADA , a limited liability company doing business as an investment company, Rol Único Tributario (Taxpayer’s Identification) Number [       ], both of them domiciled to the effects hereto at Rosario Norte, No. 660, 23rd floor, in Las Condes, Santiago /hereinafter CORP GROUP BANKING S . A ., COMPAÑÍA INMOBILIARIA E INVERSIONES SAGA SPA , CORP GROUP INTERHOLD SPA , INVERSIONES GASA LIMITADA , and CORP GROUP HOLDING INVERSIONES LIMITADA , jointly referred to as the “ Debtors ”/; and / SEVEN /   Milton Maluhy Filho , a Brazilian citizen, holder of Passport of the Federal Republic of Brazil No. FM 193346, acting in the name and on behalf, as it shall be hereinafter evidenced, of ITAÚ CORPBANCA,   Rol Único Tributario (Taxpayer’s Identification) Number  [       ], both of them domiciled at Huérfanos 1072, in the City of Santiago, / hereinafter also the " Company "/; the appearing parties, who are of age and evidence their identities by means of the above mentioned identity cards, stated as follows: SECTION ONE .- BACKGROUND .-   One . One .- Shareholders’ Agreement .- The Pledgee and the Debtors entered into an agreement in English known as “Shareholders’ Agreement”, hereinafter referred to as the “ Shareholders’ Agreement ” as evidenced in the private deed executed on  April 1, 2016 and governed by the laws in force in the State of New York, United States of America, a copy of which is annexed at the end hereof. Such agreement establishes the rights and obligations of the parties, and the way in which they are to exercise their rights in the Company. Among other matters, the Shareholders Agreement establishes rules and obligations concerning resolutions to be adopted or taken at shareholders' meetings, corporate management and administration, representations and warranties made by the direct and indirect shareholders who undersigned such agreement, as well as certain provisions governing the assignment or transfer of shares in the Company, dispute resolutions, termination grounds, and other miscellaneous provisions. One . Two .- Secured Obligations.- Each of the affirmative or negative covenants assumed by the Debtors to the Pledgee contained in or derived from the Shareholders’ Agreement or any other instrument that the Debtors could have agreed to execute, or may execute or accept in the future to evidence such obligations, as well as each and every obligations that the Debtors may owe or undertake in the future to the Pledgee as a consequence of the execution of the documents to be executed under the Shareholders’ Agreement shall be hereinafter jointly referred to as the “ Secured Obligations ” . The term “ Secured Obligations ” shall also refer to the obligation to execute any document or agreement, the obligation to perform any act under or on the occasion of the Shareholders’ Agreement, and the obligation to pay any fine contemplated under the Shareholders’ Agreement, and any amendments, exhibits, attachments, appendixes or any other supplementary documents thereto. The term “ Secured Obligations ” shall also refer to the obligation to pay the Creditor any indemnification and compensation to which the Creditor may be entitled under the Shareholders’ Agreement. The description of the Secured Obligations contained in Section One hereof is solely made for reference purposes, merely to place on record the tenor thereof in general, it being specifically pointed out that, to all legal and contractual effects, the accurate terms and conditions of the Secured Obligations set forth herein are those set forth and contemplated in the Shareholders’ Agreement. It is hereby expressly stated that in order to comply with the provisions set forth in Article 3, paragraph 2, of Section 14 of Law No. 20.190 /hereinafter referred to as the “ Ley de Prenda sin Desplazamiento ” (Chilean Pledge Without Conveyance Law), this registered pledge generally secures the fulfillment of all the obligations assumed by the Debtors under the Shareholders’ Agreement.- SECTION TWO .- BACKGROUND ON SHARES .-   Two . One .- /A/   CGB is the sole and unconditional owner of 148,835,852,909 shares in the Company, all of which have been fully paid-up and registered in its own name in the Register Book of Shareholders of the Company. Those shares represent 100% of CGB’s shares in the Company.- /B/ SAGA is the sole and unconditional owner of 20,918,224,555 shares in the Company, all of which have been fully paid-up and registered in its own name in the Register Book of Shareholders of the Company. Those shares represent 100% of SAGA's shares in the Company.- Two . Two .-   The shares referred to in Section Two.One. above have been pledged in favor of Banco Itaú BBA S.A., Nassau Branch, acting through the Collateral Agent, Banco Itaú Chile / at present, the Company/, in order to secure the repayment obligations under the loan granted by public deed on January 29, 2014 executed at the Notarial Office in Santiago of Eduardo Avello Concha under file No. 2461/2014, as amended by public deed executed on August 5, 2015, at the Notarial Office of Santiago of Eduardo Avello Concha under file No. 21.959/2015, hereinafter referred to as the “ Loan Agreement ”: / A / CGB has created the following pledges: / a /   By public deed executed on March 19, 2014 at the Notarial Office of Santiago of Eduardo Avello Concha under file No.6.728-2014, CGB created a first lien pledge on securities in favor on the banks on 1,876,184,964 shares in the Company, all of which are evidenced by the following stock certificates: /i/ stock certificate No. 95.061 representing 244,733,051 shares; /ii/ stock certificate No. 95.075, representing 470,113,163 shares; /iii/ stock certificate No. 99.119 representing 14,200,000 shares; and /iv/ stock certificate No. 104.379 representing 1,147,138,750 shares; / b / by public deed executed on March 31, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 7.855-2014, CGB created a first lien pledge in favor of the banks on 780,057,906 shares in the Company evidenced in the stock certificate No. 101.803; / c /   By public deed executed on April 2, 2014, at the notarial office in Santiago of Eduardo Avello Concha, under file No. 8.179-2014,  CGB created a first lien pledge in favor of the banks on 2,843,995,850 shares in the Company, evidenced by the following stock certificates: /i/ stock certificate No. 104.380 representing 2,050,411,450 shares; /ii/ stock certificate No. 105.160 representing 420,000,000 shares; and /iii/ stock certificate No. 105.337 representing 373,584,400 shares;   / d /by public deed executed on April 2, 2014, at the notarial office in Santiago of Eduardo Avello Concha, under file No. 8.180-2014, CGB created a first lien pledge in favor of the banks on 19,006,163,724 shares in the Company, evidenced by the evidenced by the following stock certificates: /i/ stock certificate No. 99.973 representing 2,430,000,000 shares; /ii/ stock certificate No. 100.854 representing 2,633,585,375 shares; /iii/ stock certificate No. 95.276 representing 3,155,419,868 shares; /iv/ stock certificate No. 95.282 representing 2,407,495,683 shares ; /v/ stock certificate No. 96.882 representing 622,048,816 shares; /vi/ stock certificate No. 99.207 representing 500,000 shares; /vii/ stock certificate No. 99.223 representing 132,166,667 shares; /viii/ stock certificate No. 99.462 representing 45,883,892 shares; /ix/ stock certificate No. 95.060 representing 2,757,904,981 shares; /x/ stock certificate No. 95.144 representing 1,151,150,214 shares; /xi/ stock certificate No. 96.594 representing 3,239,699,104 shares; /xii/ stock certificate No. 99.487 representing 12,891,422 shares; and /xiii/ stock certificate No. 99.947 representing 417,417,702 shares; / e /   by public deed executed on April 22, 2014, at the Notarial Office in Santiago of Eduardo Avello Concha under file No. 9.737-2014, the Pledgor granted a first lien pledge on securities in favor of the banks on 27,296,584,696 shares in the Company evidenced by the following stock certificates: /i/ stock certificate No. 103.304 representing 5,500,000,000 shares; /ii/ stock certificate No. 103.310 representing 4,500,000,000 shares; /iii/ stock certificate No. 103.521 representing 4,194,580,132 shares; /iv/ stock certificate No. 103.323 representing 131,336,406 shares; /v/ stock certificate No. 103.324 representing 3,410,340,196 shares; /vi/ stock certificate No. 103.337 representing 5,500,000,000 shares; /vii/ stock certificate No. 104.321 representing 2,327,200,000 shares; and /viii/ stock certificate No. 105.384 representing 733,127,962 shares; / f /   by public deed executed on April 24, 2014, at the Notarial Office in Santiago of Eduardo Avello Concha under file No. 9.965-2014, CGB granted a first lien pledge on securities in favor of the banks on 4,875,092,733d shares in the Company evidenced by the following stock certificates: /i/ stock certificate No. 105.089 representing 3,141,759,400 shares; /ii/ stock certificate No. 105.090 representing 1,733,333,333 shares; / g /   By public deed executed on May 6, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 11.048-2014, CGB granted a first lien pledge in favor of the banks on 4,766,872,038 shares in the Company evidenced in the stock certificate No. 105.383; / h / By public deed executed on June 6, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 14.144-2014, CGB granted a first lien pledge in favor of the banks on 1,777,143,382 shares in the Company evidenced in the stock certificate No. 105.042; / i /   By public deed executed on June 26, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 16.066-2014, CGB granted a first lien pledge in favor of the banks on 26,703,618 shares in the Company evidenced in the stock certificate No.  105.506; / j /   By public deed executed on July 25, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 19.161-2014, CGB granted a first lien pledge in favor of the banks on 740,000,000 shares evidenced in the stock certificate No. 104.322; / k /   By public deed executed on August 26, 2014  at the notarial office in Santiago of Eduardo Avello Concha, under file No. 23.322-2014, CGB granted a first lien pledge in favor of the banks on 5,493,671,458 shares in the Company evidenced in the following stock certificates: /i/ stock certificate No. 95.070 representing 2,900,000,000 shares; /ii/ stock certificate No. 95.281 representing 2,407,495,684 shares; and /iii/ stock certificate No. 99.123 representing 186,175,774 shares; / l /By public deed executed on September 16, 2014 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 24.792-2014, CGB granted a first lien pledge in favor of the banks on 300,000,000 shares in the Company evidenced in the stock certificate No. 105.559; / m /By public deed executed on August 5, 2015 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 21.958-2015, CGB granted a first lien pledge in favor of the banks on 11,756, 600,802 shares in the Company evidenced in the stock certificate No. 105.151; and / n /   By public deed executed on August 5, 2015 at the notarial office in Santiago of Eduardo Avello Concha, under file No. 21.958-2015, CGB created a second lien commercial pledge on the shares in the Company identified in the preceding paragraphs. /B/ SAGA has created the following pledges: / a /   By public deed executed on April 2, 2014 at the Notarial Office of Santiago of Eduardo Avello Concha under file No. 8.181-2014, SAGA created a first lien pledge on securities in favor on the banks on 31,475,370 shares in the Company, all of which are evidenced by the following stock certificates: /i/ stock certificate No. 105.365 representing 744,705 shares; /ii/ stock certificate No. 105.377 representing 30,000,000 shares; and /iii/ stock certificate No. 105.322 representing 730,665 shares; / b / By public deed executed on July 20, 2014 at the Notarial Office in Santiago of  Eduardo Avello Concha under file No. 15.517-2014, SAGA created a first lien pledge on securities in favor on the banks on 1,944,873,347 shares in the Company evidenced in the stock certificate No. 102.169; / c / By public deed executed on August 5, 2015 at the Notarial Office in Santiago of  Eduardo Avello Concha under file No. 21.958-2015, SAGA created a second lien commercial pledge on the shares in the Company identified in the preceding paragraphs /a/ and /b/; / d / By public deed executed on March 30, 2016  at the Notarial Office in Santiago of  Eduardo Avello Concha under file No. 9.151-2016, SAGA created a first lien pledge on securities in favor on the banks, and second lien commercial pledge on 124,044,601 shares evidenced in the following stock certificates: /i/ stock certificate No. 106.005 evidencing 111,065,900 shares, and /ii/ stock certificate No. 106.007 evidencing 12,978,701 shares.- Two . Three .   As stated in the pledges on shares securing the obligations under the Loan Agreement, referred to in Section Two.  Two above, Pledgor is hereby authorized to create the pledges and prohibitions constituted in this instrument.-   SECTION THREE . CREATION OF PLEDGE ON SHARES .-   Three . One .-   By this instrument and in compliance with the provisions set forth in Sections 1 and 5 of Article 14 of the Pledge Without Conveyance Law, the Pledge Registration Regulations contained in the Supreme Decree No. 722 jointly enacted by the Ministry of Justice and the Ministry of Finance and published in the Official Gazette on October 23, 2010 /hereinafter referred to as the “ Pledge Without Conveyance Regulatio n”/ / a / CGB creates in favor of the Pledgee a pledge without conveyance on 82,165,486,771 shares in the Company/ “ CBG Shares ”/, and / b /SAGA creates in favor of the Pledgee a pledge without conveyance on 2,807,414,617 shares in the Company /the “ SAGA Shares ”, and together with the CGB Shares, the “ Shares ”/. The Shares are equivalent to 16.42% of the total capital stock of the Company to the date hereof.  Such pledge on shares is created to secure the full, timely and effective repayment of all Secured Obligations during the effective term of the obligations under the Shareholders’ Agreement. CGB Shares are evidenced in the following stock certificates: stock certificate No. 95.061 representing 244,733,051 shares; stock certificate No. 95.075, representing 470,113,163 shares; stock certificate No. 99.119, representing 14,200,000 shares; stock certificate No. 104.379 representing 1,147,138,750 shares; stock certificate No. 104.380 representing 2,050,411,450 shares; stock certificate No. 105.160 representing 420,000,000 shares; stock certificate No. 99.973 representing 2,430,000,000 shares; stock certificate No. 100.854 representing 2,633,585,375 shares; stock certificate No. 95.276 representing 3,155,419,868 shares; stock certificate No. 95.282 representing 2,407,495,683 shares; stock certificate No. 96.882 representing 622,048,816 shares; stock certificate No. 99.207 representing 500,000 shares; stock certificate No. 99.223 representing 132,166,667 shares; stock certificate No. 99.462 representing 45,883,892 shares; stock certificate No. 95.060 representing 2,757,904,981 shares; stock certificate No. 95.144 representing 1,151,150,214 shares; stock certificate No. 96.594 representing 3,239,699,104 shares; stock certificate No. 99.487 representing 12.891.422 shares; stock certificate No. 99.947 representing 417,417, 702 shares; stock certificate No. 101.803 representing 780,057,906 shares; stock certificate No. 103.304 representing 5,500,000,000 shares; stock certificate No. 103.310 representing 4,500,000,000 shares; stock certificate No. 103.521 representing 4,194,580,132 shares; stock certificate No. 103.323 representing 1,131,336,406 shares; stock certificate No. 103.324 representing 3,410,340,196 shares; stock certificate 103.337 representing 5,500,000,000 shares; stock certificate No. 104.321 representing 2,327,200,000 shares; stock certificate No. 105.384 representing 733,127,962 shares; stock certificate No. 105,089 representing 3,141,759,400 shares; stock certificate No. 105.090 representing 1,733,333,333 shares; stock certificate No. 105.383 representing 4,766,872,038 shares; stock certificate No. 105.142 representing 1,777, 143,382 shares; stock certificate No. 105.506 representing 1,026,703,618 shares; stock certificate No. 104.322 representing de 740,000,000 shares; stock certificate No. 95.070 representing 2,900,000,000 shares; stock certificate No. 95.281 representing 2,407,495,684 shares; stock certificate No. 99.123 representing 186,175,774 shares; stock certificate No. 105.559 representing 300,000,000 shares; and stock certificate No. 105.151 representing de 11,756,600,802 shares. SAGA Shares are evidenced in the stock certificate No. 105.365 representing 744,705 shares; stock certificate No. 105.377 representing 30,000,000 shares; stock certificate No. 105.322 representing de 730,665 shares; stock certificate No. 102.169; and stock certificate No. 106.007 representing 12,978,701 shares. The pledges also encumber all shares to be issued by the Company and to be subscribed for by Pledgor in the future, according to what is set forth in Section Nine. One below /the “ Future Shares ”/ and jointly with the Shares, the “ Pledged Shares ”/.-   Three . Two .- Moreover, the pledges hereby levied shall further secure the reimbursement of all legal costs and collection expenses, whether judicial or extra-judicial, including reasonable attorneys’ fees, if any, which may be incurred as a result of any proceedings or demands brought for the collection or foreclosure of this pledge; and it shall also encumber any other obligations undertaken by Debtors  by means of any instruments that they may execute or accept in the future, in substitution or lieu thereof, or in addition to those that have already been executed and delivered to the Pledgee or its successors or substitutes, in respect of any documents or instruments evidencing the Secured Obligations.- Three . Three .- All amounts obtained as a consequence of the judicial or extra-judicial payment of the Secured Obligations shall belong to the Pledgee under this Pledge, and shall be paid to Pledgee, after deducting all expenses and collection costs, according to the provisions set forth in the Shareholders’ Agreement and in this document. Subject to the provisions set forth in Section 23 hereof, it is expressly agreed that the pledge granted under this instrument is indivisible; therefore, the release thereof shall not be claimed until all the Secured Obligations have been repaid in full. Three . Four .- To the effects of the provisions set forth in Section 4 of the Pledge Without Conveyance Regulations, the parties hereby expressly agree that the minimum value of the affirmative and negative covenants referred to above shall be determined by the arbitration proceedings to settle disputes applied by the International Chamber of Commerce /ICC/ as set forth in paragraph /b/ of Section Seven.Ten of the Shareholders’   Agreement . - Three . Five .- It is hereby expressly stated that any obligation agreed to be paid in foreign currency under the Shareholders’ Agreement shall be deemed extinguished only up to the foreign currency amount paid to the Pledgee in freely convertible and available funds, or should the payment be made in another currency, only up to the amount sufficient for the Pledgee to acquire the foreign currency with which such payment should have been done under the agreement or the law, on the business day immediately following the day in which the Pledgee has received such amount.- Three . Six .- Pledgee hereby accepts the pledges without conveyance on the Shares and on the Future Shares levied hereunder. SECTION FOUR .- REPRESENTATIONS OF PLEDGORS AND OTHER DEBTORS.- Pledgors and each of the other Debtors, as appropriate, hereby represent to Pledgee that: / One / Pledgors and Debtors are duly empowered to make the representations contained herein and to execute this agreement; that this public deed has been duly executed by them and that it contains legal, valid and enforceable obligations binding upon them; / Two / CGB is the sole and exclusive owner of CGB Shares, and SAGA is the sole and exclusive owner of SAGA Shares and that, unless otherwise stated or acknowledged in the Shareholders’ Agreement or herein, such Shares are free of any encumbrances, liens, charges, litigations, prohibitions to levy and sell or any other restrictions, attachments, preliminary injunctions and precautionary measures, actions for cancellation, and third parties’ preferential rights, and that they are not subject to any impediments that may prevent, hinder, delay or impair the free disposition thereof or the creation of the pledge and prohibitions or injunctions evidenced herein; and that they have not been legally enjoined or restrained from executing this agreement; and that such Shares are not subject to any options (puts and calls), promises to sell, conditional sales, term sales, or to any other act or agreement that conveys, or is intended to convey title thereof, or to give them as security for the fulfillment of any other obligations and that, to the date hereof, there are no impediments that may prevent, hinder, delay or impair the free disposition or creation of the Pledge evidenced herein; and / Three / The execution, fulfillment and subscription of this pledge does not supersede any other agreement or undertaking entered into by Pledgors or the other Debtors, nor any law, decree, regulation or statutory or administrative rule; and that no other authorization, approval or notice from the Government or third parties is required to subscribe, fully performed and execute these presents. SECTION FIVE .- PROHIBITIONS .-  Pledgors hereby undertake, unless otherwise provided for in the Shareholders’ Agreement and in Section 23 hereof, not to encumber, sell, dispose of, or otherwise perform any act or enter into any agreement that may adversely affect the Pledged Shares owned by them without the Pledgee's previous written authorization during the effective term hereof.   The appearing parties hereby further represent that “lien” shall refer to any collateral or security interest or any charge, encumbrance, prohibition, right in favor of third parties, attachment, impediment or restriction that may adversely affect or impair the free use, enjoyment or disposition of the Pledged Shares. SECTION SIX .- Six . One .- REGISTRATION AND ANNOTATION . / One / The pledges hereby granted are to be registered, at Pledgors’ expense, with the Pledge Without Conveyance Register according to the provisions set forth in Section 24 of Article 14 of the Pledge Without Conveyance Law. / Two / Pledgors shall be bound to execute and subscribe a statement deed as well as to perform any other acts and enter into any kind of agreements, whether by a public or private instrument, intended to identify the Future Shares owned by it to be pledged hereunder on a when-issued basis as set forth in Section Nine. One below.- Six . Two . NOTICE IN THE REGISTER OF SHAREHOLDERS. The pledge and prohibition contained herein shall be notified, recorded and registered with the Register Book of Shareholders of the Company by a Notary Public as set forth in Section 23 of the Chilean Corporations’ Law. SECTION SEVEN .- PLEDGEE’S RIGHTS, BENEFITS AND PRIVILEGES . Seven . One .- While no Relevant Event of Default / as defined below/ occurs under the Shareholders’ Agreement, Pledgors shall retain full exercise of the rights as legitimate holder of the Pledged Shares owned by Pledgors, including the exercise of the right to attend and participate in shareholders’ meetings with the right to a voice and vote thereat, the right to collect and receive any corporate capital dividends or abatements as well as to exercise any economic and political rights to which they may be entitled. Furthermore, and without prejudice to the foregoing, Pledgors' rights as legitimate owners of the Pledged Shares shall be exercised in a manner consistent with the provisions set forth in the Shareholders’ Agreement. Pledgors may participate in all shareholders' meetings of the Company and vote on any matters when required to do so, and in general Pledgors may exercise any other rights enjoyed by Pledgors as shareholders in the Company, without any further restrictions other than those set forth above. However, upon the occurrence of any relevant event of default which remains uncured under the Shareholders’ Agreement /hereinafter referred to as a “ Relevant Event of Default ”, which shall be construed as a “ Material Breach ”, as such term is defined in the Shareholders’ Agreement/, the Pledgee shall be entitled to exercise all political rights / right to a voice and vote/ to which Pledgors would be entitled as shareholder of the Company if the pledge under this agreement had never existed. Notwithstanding the foregoing, the parties agree that  Pledgee's right to a voice and vote, exclusively with regard to the distribution of dividends or abatement of corporate capital to be approved at a shareholders' meetings of the Company shall not be included among the political rights to be exercised by Pledgee upon the occurrence of any Relevant Event of Default, /and that such right to a voice and vote with regard to such matter may be exercised by Pledgors who shall also fully retained the right to collect and receive any potential dividends or distributions derived from capital stock abatements/. In order that Pledgee becomes empowered to exercise the political rights referred to above upon the potential occurrence of a Relevant Event of Default, Pledgee shall send a prior written notice to the Company through a Notary Public /hereinafter referred to as the “ Notice ”/ a copy of which shall be sent also to Pledgors. Only for notification purposes and without having to prove the relevant breach to any individual, Pledgee shall exercise all political rights that Pledgor would otherwise hold as legitimate owner of the Pledged Shares in the Company as stated above, and shall cure such breach and/or terminate the act or omission giving rise to the Relevant Event of Default. In this case, and except for the aforementioned exception referred to the distribution of dividends and capital abatement, Pledgors shall refrain from exercising such rights to a voice and vote, which shall, as of right, be exercised exclusively by Pledgee for as long as the Relevant Event of Default remains uncured, for which purpose, Pledgors irrevocably authorizes Pledgee, such authorization being accepted on behalf of Pledgee by Pledgee’s attorney-in-fact identified in the recitals hereof, to exercise the right to a voice and vote inherent in the Pledged Shares under the terms set forth above. Pledgors hereby expressly represent that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in section 241 of the Commercial Code; because the Creditor is interested in the fulfillment thereof. In order to avoid any doubts, once the Relevant Event of Default has been cured, all rights shall return, as of right, to be solely and exclusively enjoyed by Pledgors, all of which shall be notified by Pledgee to the Company as stated above, with a copy to the Pledgors.- Seven . Two .- Subject to the terms and conditions set forth in the Shareholders’ Agreement and to the provisions contemplated in the other terms and conditions hereof/ and in particular, without affecting the Pledgors' right to approve, collect and receive dividends and capital abatements, and to exercise, sell or extinguish, at its own discretion, any rights of first refusal to subscribe for any capital increases/, the pledge, restriction and prohibition granted hereunder shall automatically include and encumber all increases in the value of the Pledged Shares and the equity rights granted to their shareholders which also include all proceeds and benefits that may derive from or be produced by them, including any dividends and profits, bonus shares, preemptive rights or options (puts and calls) of any kind whatsoever, as indicated below. Subject to the provisions set forth at the beginning of this section, each Pledgor also undertakes to require the issuance of any new stock certificate related to new shares to be issued by the Company and entitled to it, during the effective term of the pledge hereunder granted; and, moreover, each Pledgor hereby empowers Pledgee to demand the Company in Pledgor's name and behalf, to issue the relevant stock certificate. Pledgors hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because the Pledgee is interested in the fulfillment thereof.- Seven . Three .- Pledgee shall enjoy and may enforce against Pledgor and third parties, all benefits, privileges and preemptive rights granted to pledgees by the law.- SECTION EIGHT .- ACCEPTANCE BY PLEDGORS AND ADDITIONAL EARLY FORECLOSURE . Pledgors hereby accept and agree for the benefit of Pledgee that the breach of the Secured Obligations by any of the Debtors, shall cause the immediate enforceability and foreclosure of this pledge, as well as any interest thereon and expenses arising herefrom, against which any remedies or actions for recovery or collection and/or of any other nature derived herefrom may be enforced or brought. SECTION NINE.   ADDITIONAL OBLIGATIONS BY PLEDGORS .- Nine . One .- Future Shares. Pursuant to what is stated in Section Three. One. above but subject to the terms and conditions of the Shareholders’ Agreement and the provisions set forth in the other terms and conditions hereof, each Pledgor hereby agrees to maintain the pledge at all times and/or pledge 100% of the shares owned by it in the Company  which, jointly with the Pledged Shares owned by the other Pledgor represent at least 16.42% therein or a lower amount indicated in Section Three. Two (d) of the Shareholders’ Agreement, which shall always be first lien pledges, except when the new shares to be pledged and subject to the prohibition to encumber and sell as already agreed upon, have already been subject to a senior lien pledge in favor of Itaú BBA, Nassau Branch or any other company which is a person related to the Pledgee, in which case the pledge on the Future Shares shall be a junior pledge compared to the pledge levied in favor of Itaú BBA, Nassau Branch, or of the person related to the Pledgee. In compliance with the foregoing and in order to fulfill the obligation set forth herein, but subject to the terms and conditions of the Shareholders’ Agreement and to the provisions set forth in the other terms and conditions hereof, each Pledgor hereby agrees to extend the pledge on Shares owned by it and the prohibitions and restrictions hereunder granted to any other cash shares of the Company or securities granting future rights on the shares in the Company to be acquired in the future for any purpose. To such effects, each Pledgor shall successively execute a new public deed of pledge and prohibitions under the terms set forth herein for each Future Share on “as acquired basis”, not later than 30 calendar days from the date of registration of the shares in its own name in the Register Book of Shareholders of the Company, and shall also perform all those acts and enter into all those agreements whether by public or private instrument, intended to identify the Future Shares owned by it pledged hereunder on a when-issued basis.  Each Pledgor may also regularly give written notice to Pledgee of the acquisition of any Future Share in the Company not encumbered by the pledge on shares already granted, not later than 30 calendar days from the registration date of the shares in the Register Book of Shareholders of the Company. Nine . Two .- Irrevocable Special Power of Attorney .- Notwithstanding Pledgors’ obligation expressly undertaken in Section Nine. One above, to execute in due course the relevant deed of pledges and prohibitions as well as any other acts or agreements intended to identify the Future Shares pledged hereunder on a when-issued basis, Pledgors hereby grant a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its attorney-in-fact already identified in the recitals hereof, in order that Pledgee, acting in its name and behalf, and may grant and execute any immediately after the date on which such shares or securities are issued or acquired, as appropriate, and at its sole discretion, may execute and sign, in the name and on behalf of Pledgors all relevant deeds of pledge and prohibitions and other acts or agreements intended to identify the Future Shares pledged hereunder once issued, and to cause them to be registered with the relevant Register of Pledges without Conveyance and Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contract. Under this irrevocable power of attorney, Pledgee may, in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgors or to any successors or assigns thereof. This special and irrevocable power of attorney may not be alleged by Pledgors as grounds to justify Pledgors’ breach of any of the obligations arising herefrom. Pledgors hereby expressly represent that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in Section 241 of the Commercial Code; because Pledgee is interested in the fulfillment thereof. Nine . Three .- Split up, Merger and Consolidation .- Pledgors hereby agree that any split-up or merger agreement of the Company as well as any merger of the Company with and into third parties, or any transformation thereof, shall be implemented under the terms and conditions set forth in the Shareholders' Agreement.  Furthermore, the pledges, restrictions and prohibitions hereby granted shall also encumber any shares in the new companies to be created as a consequence of such split-up, merger, consolidation, or transformation, or which survive any of them, which belong or would belong to Pledgors as owner of the Pledged Shares subject to the pledge, restrictions, and prohibitions granted hereunder and to all those new shares to be encumbered by this pledge, restrictions and prohibitions in compliance with the provisions set forth above.  Pledgee is hereby exclusively authorized to cause the registration of these pledges and prohibitions in the Register of Pledges Without Conveyance and in the relevant Register Book of Shareholders, consequently the Pledgor hereby waives fulfillment of such formalities. SECTION TEN : INCREASES OF SHARES . - Should new bonus shares be issued, the relevant stock certificates to be issued shall also be affected by the pledge granted herein, and such pledge on the stock certificates must be recorded in the Register of Pledges Without Conveyance and in the Registered Book of Shareholders of the Company, at the sole request of the Notary Public in the name and on behalf of Pledgee. SECTION ELEVEN : CONSERVATION OF OWNERSHIP. - Each Pledgor shall bring at its sole expense, any judicial and extra-judicial actions that are reasonably necessary to retain the ownership and free possession of the Pledged Shares and as well as to defend them against third parties’ actions.   The foregoing provision shall not affect Pledgor’s right to sell the Shares listed in Section 23 hereof.- SECTION TWELVE : SUFFICIENT TITLE .- Pledgors and each of the other Debtors hereby represent to Pledgee that this public deed together with a faithful and authorized copy hereof is a good and sufficient title to bring and further all relevant legal actions and remedies that may be required by law regarding the pledge hereby granted.   The provisions set forth herein shall not be construed under any circumstance as any restriction on Pledgee’s rights by virtue of the law nor an amendment, substitution or restriction of Pledgee’s rights under the Shareholders’ Agreement.   Moreover, it is hereby placed on record that the pledge and prohibitions hereby granted are without prejudice to any other guarantees that could have been granted by Pledgors, the other Debtors and/or third parties to secure performance of the Secured Obligations. SECTION THIRTEEN: SPECIAL POWER OF ATTORNEY. Thirteen.One . Without prejudice to any appointment of attorneys-in-fact to receive judicial notices served or to be served in the future, Pledgors hereby additionally grant a special and irrevocable power of attorney to Andrés Fernando Winter Salgado and Cristóbal Elzo Benard, both of them domiciled at Rosario Norte No. 660, 22nd floor, so that, they may receive in the name and on behalf of Pledgors any judicial or extra-judicial notices, demands, letters of request, in any legal action, or proceedings or litigation, irrespective of whether the applicable procedure or the competent court or authority having jurisdiction over them may be with regard to the pledge hereby granted. Pursuant to the irrevocable power of attorney hereby granted, the attorney-in-fact shall be broadly empowered to receive any kind of notices, answer complaints and perform any other acts under the powers set forth in the first subsection of Section 7 of the Code of Civil Procedure of the Republic of Chile. For all purposes hereof, and unless Pledgors give prior written notice of their new addresses to Pledgee not later than 15 days in advance, such Notice shall be deemed duly given when personally delivered to any individual at the address specified herein.- Thirteen . Two .- Andrés Fernando Winter Salgado, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [       ] and Cristóbal Elzo Benard, a Chilean citizen, married, attorney-at-law, holder of national identity card No. [       ], are personally present upon the execution hereof, and are both of age, and have evidenced their identities with the identity cards referred to above, stated that they accept the irrevocable special power of attorney granted herein and agree not to waive it without the written consent of Pledgee, in which case Pledgors shall previously appoint a new attorney-in-fact to perform judicial acts with the same powers and under the same terms as those set forth herein. The newly appointed attorney-in-fact shall appear personally and accept the power of attorney granted in the same deed of waiver, shall be an individual who permanently resides in Chile and shall be previously approved by Pledgee.- Thirteen . Three .- Moreover, Pledgors hereby agrees to maintain at any time one attorney-in-fact with the same powers and under the same terms set forth in this section should the irrevocable power of attorney granted herein be terminated by death or inability of any of the attorneys-in-fact. The power of attorney hereby granted by Pledgors does not revoke any other power of attorney heretofore granted and, it shall not be deemed revoked by another power of attorney that may be granted in the future.- SECTION FOURTEEN : CORPORATE ACCEPTANCE .- Milton Maluhy Filho, already identified in the recitals hereof, and who is personally present upon the execution hereof on behalf of the Company, is served with due notice of the pledge, restrictions and prohibitions granted hereunder.- SECTION FIFTEEN .- ACCEPTANCE AND DECLARATION OF DEBTORS.- Fifteen . One .- For all legal purposes, each of the Debtors hereby entirely accepts the pledge created by Pledgor to secure the fulfillment of the Debtors’ obligations under the Shareholders’ Agreement. Fifteen . Two .- The Debtors hereby represent that the pledges granted hereunder are for the sole benefit of Pledgee and that, consequently, they shall remain in full force and effect and shall not be affected by any agreements, acts and contracts heretofore executed or that may be executed in the future among the Debtors. SECTION SIXTEEN : TAXES AND EXPENSES. Sixteen . One .- Each Pledgor hereby represents that the acts and agreements contemplated herein as well as the exercise of the rights that may derive therefrom have not been or are not subject to any taxes or other similar charges, and that, consequently, the Pledgee may freely exercise them without any restriction whatsoever. Sixteen . Two .- Pledgors shall be solely liable for the payment of taxes and expenses under this agreement, including any fees and expenses of deeds and registration of pledges and prohibitions as well as of any other expenses incurred as a consequence of any other future instruments and proceedings derived from this agreement. SECTION SEVENTEEN :WAIVER OF RIGHTS. NO RESTRICTION. - Seventeen . One .- No right, statement or benefit shall be deemed waived by any of the parties unless such waiver is made in writing and signed by the waiving party.- Seventeen . Two .- The pledge on shares and the provisions set forth herein shall not be construed under any circumstance as an amendment, substitution, or restriction on Pledgee’s rights granted under the Shareholder’s Agreement and/or  any other security agreements or security interests that the parties may execute in the future under such Shareholders’ Agreement. SECTION EIGHTEEN : NULLITY, INVALIDITY OR NON-ENFORCEABILITY .- The declaration of nullity, invalidity or non-enforceability of any provision herein shall cause it to be deemed not written or invalid, but the nullity or invalidity of such provision shall not affect the validity or enforceability of the remaining provisions hereof. Furthermore, the parties hereby agree to replace such null or invalid provision by any other valid and enforceable provision that, as far as possible, has the same economic, commercial or other effects set forth in the provision declared null or invalid. SECTION NINETEEN : SUCCESSORS AND ASSIGNS .- The Pledge on Shares and the prohibition herein created shall inure to the benefit of the Pledgee, and the rights granted by it may be directly exercised by the Pledgee or any of the successors or assigns thereof, as authorized under the Shareholders’ Agreement, as well as by those who may legally or conventionally subrogate in their rights. Such successors or assigns and those who may legally or conventionally subrogate in their rights shall enjoy and enforce against Pledgors the same rights and benefits that this public deed grants to the Pledgee, which are considered valid to all legal and contractual effects that may be relevant. SECTION TWENTY: DOMICILE AND JURISDICTION .- To all legal effects arising herefrom, the Debtors, the Pledgee and the Company hereby establish their principal places of business/domiciles in the City of Santiago de Chile, and submit to the jurisdiction of the ordinary courts therein located. This agreement is governed by the laws and other statutory provisions in force in the Republic of Chile. SECTION TWENTY-ONE .- POWER OF ATTORNEY TO MAKE AMENDMENTS AND RECTIFICATIONS . The appearing parties hereby grant an irrevocable power of attorney to Felipe Larraín Tejeda , and to Juan León Bustos ; and to Cristóbal Eyzaguirre Baeza and to Luisa Fernanda Núñez Plaza , so that any one of the first two of them acting with any one of the second two of them, may make any necessary changes, corrections or clarifications to this agreement required to evidence the creation of the pledge, and they shall also be empowered to execute the relevant public deeds or private instrument that may be required to such effect as well as those that may be required to such effect, and also any other modifications that may be required to subscribe to cause the registration of the pledge in the Register of Pledges Without Conveyance.- SECTION TWENTY-TWO . POWER OF ATTORNEY TO GIVE NOTICE AND REGISTER .- The holder of a certified copy hereof is authorized and empowered to give notice, carry out and require from the Pledgor, through a Notary Public, to cause the annotation of the pledge and the prohibitions contained in this instrument with the Register of Pledges Without Conveyance and in the Register Book of Shareholders as well as to perform any other acts that may be required or advisable to implement this pledge and prohibitions. SECTION TWENTY-THREE : DUTY TO RELEASE THE PLEDGE .- The Pledgee hereby acknowledges and accepts that, subject to the fulfillment of certain rules on the transfer of shares established in Section 3 of the Shareholders’ Agreement, Pledgors hereby are authorized to request the release of this pledge in order to sell the Pledged Shares. Furthermore, Pledgors hereby agree to enter into such release agreement at least two days in advance to the date on which the Pledgors are to implement a transfer under the terms and conditions of the Shareholders’ Agreement.- SECTION TWENTY-FOUR : PROMISE TO CREATE A COMMERCIAL PLEDGE.- Pledgors hereby agree to subscribe and execute all public deeds and other instruments that may be required to levy a junior lien commercial pledge on the pledged Shares owned by them as compared to the pledge created herein under the terms set forth in Sections 813 et seq . of the Chilean Commercial Code, immediately after the release of the pledges on the Shares in favor of Itaú BBA, Nassau Branch. For such purpose, Pledgors hereby agree to subscribe in due course all relevant amending deeds or deeds evidencing the creation pledges and prohibitions not later than 5 business days following the occurrence of the fact stated above. In order to fulfill Pledgors’ obligation to execute the relevant deeds and other documents that may be required to such effect, Pledgors hereby grant a special and irrevocable power of attorney to Pledgee as broad as is legally required, which is accepted by its representative already identified in the recitals hereof, in order that the latter acting in the name and behalf of the Company, and its sole discretion, may grant and executed without any waiting period, all relevant pledges and prohibitions on behalf of the Pledgors, in the same terms and conditions mutatis mutandis as those set forth herein / provided that it shall be a commercial pledge / to cause the registration thereof with the Register Book of Shareholders of the Company. In order to exercise the powers granted by this power of attorney and in accordance with the foregoing, Pledgee shall be granted broad powers to carry out any other acts that may be required to achieve this power of attorney, and shall be expressly empowered to self-contract and even determine at its sole discretion, the amount of the Secured Obligation. Under this irrevocable power of attorney, Pledgee may, in the agreements to be entered into by it, grant a special power of attorney to one or more individuals in order that, any one of them acting individually, may exercise, with full judicial and extra-judicial powers, the rights granted by the security agreements to Pledgors or to any successors or assigns thereof. This special and irrevocable power of attorney may not be alleged by Pledgors as grounds to justify Pledgors’ breach of any of the obligations arising herefrom. Pledgor hereby expressly represents that the power of attorney hereby granted is irrevocable and coupled with an interest in compliance with the provisions set forth in section 241 of the Commercial Code; because the Pledgee is interested in the fulfillment thereof. SECTION TWENTY-FIVE : HEADINGS OF THE SECTIONS .- Titles and headings given by the appearing Parties to the several provisions of this agreement have been established for reference and reading purposes only, and shall not adversely affect the meaning or scope that the relevant Section in its aggregate, may have different from such headings. LEGAL CAPACITIES TO REPRESENT THE PARTIES .- The legal capacity of María Pilar Dañobeitía Estades to act in the name and on behalf of CORP GROUP BANKING S . A . is evidenced in the public deed executed on April 30, 2012 at the Notarial Office in Santiago of José Musalem Saffie.- The legal capacity of María Pilar Dañobeitía Estades to act in the name and on behalf of COMPAÑÍA INMOBILIARIA E INVERSIONES SAGA SPA is evidenced in the public deed executed on March 12, 2014 at the Notarial Office in Santiago of Iván Torrealba Acevedo.- The legal capacity of Luisa Núñez Plaza to act in the name and on behalf of ITAÚ UNIBANCO HOLDING S.A. is evidenced in the power of attorney granted in a foreign country, which after being duly legalized was notarized on November 3, 2014 at the Notarial Office in Santiago of Patricio Raby Benavente, under file number 13.703-22014.- The legal capacity of María Pilar Dañobeitía Estades to act in the name and on behalf of CORP GROUP INTERHOLD SPA is evidenced in the public deed executed on September 14, 2015 at the Notarial Office in Santiago of Iván Torrealba Acevedo.- The legal capacity of María Pilar Dañobeitía Estades to act in the name and on behalf of INVERSIONES GASA LIMITADA is evidenced in the public deed executed on November 2, 2010 at the Notarial Office in Santiago of José Musalem Saffie.- The legal capacity of María Pilar Dañobeitía Estades to act i the name and on behalf of CORP GROUP HOLDING INVERSIONES LIMITADA is evidenced in the public deed executed on February 22, 2016 at the Notarial Office in Santiago of Iván Torrealba Acevedo. The legal capacity of Milton Maluhy to act in the name and on behalf of ITAÚ CORPBANCA is evidenced in the public deed executed on March 28, 2016 at the Notarial Office in Santiago of Iván Torrealba Acevedo. Such legal capacities are not inserted herein because they are known to the parties and the authorizing Notary Public and at their express request.- IN WITNESS WHEREOF, and once these presents have been read by the appearing parties, they sign them along with the authorizing Notary Public. The parties are delivered copies hereof. I attest.-

María Pilar Dañobeitía Estades

p.p. CORP GROUP BANKING S . A .

María Pilar Dañobeitía Estades

p.p. COMPAÑÍA INMOBILIARIA E INVERSIONES SAGA SPA

Luisa Núñez Plaza

p.p. ITAÚ UNIBANCO HOLDING S . A .

María Pilar Dañobeitía Estades

p.p. CORP GROUP INTERHOLD SPA

María Pilar Dañobeitía Estades

p.p. INVERSIONES GASA LIMITADA

María Pilar Dañobeitía Estades

p.p. CORP GROUP HOLDING INVERSIONES LIMITADA

Milton Maluhy Filho

p.p. ITAÚ CORPBANCA

Andrés Winter Salgado

Cristóbal Elzo Benard