Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 9

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 9
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 our shares would be redeemable at their book value, determined on the basis of the last balance sheet approved by our shareholders.
If the shareholders’ meeting giving rise to withdrawal rights occurs 60 days after the date of the last approved balance sheet,
a shareholder may demand that its shares be valued on the basis of a new balance sheet of a date within 60 days preceding such shareholders’
meeting.

10. B.20.03 Liquidation

In the event of our liquidation,
our preferred shareholders would be entitled to priority over common shareholders in the return of capital. The amount to which they would
be entitled is based on the portion of the share capital represented by the preferred shares, adjusted from time to time to reflect any
capital increases or reductions. After all our creditors have been paid, our residual assets would be used to return the amount of capital
represented by the preferred shares to the preferred shareholders. Once the preferred shareholders have been fully reimbursed, the common
shareholders would be reimbursed on the portion of the share capital represented by the common shares. All our shareholders would participate
equally and ratably in any remaining residual assets.

  204 – Form 20-F 2024 | Bradesco  

  Table of Contents  

10. B.20.04 Redemption

Our Bylaws provide that
our shares are not redeemable. However, Brazilian Law authorizes us to redeem minority shareholders’ shares if, after a public tender
offer for our delisting, our controlling shareholder increases to more than 95.0% its participation in our total share capital.

10. B.20.05 Conversion rights

Our Bylaws provide that
our common shares cannot be converted into preferred shares, nor our preferred shares into common shares.

10. B.20.06 Liability of our shareholders
for further capital calls

Neither Brazilian law nor
our Bylaws provide for capital calls. Our shareholders’ liability is limited to the payment of the issue price of the shares subscribed
or acquired.

10. B.20.07 Form and transfer

Our shares are registered
in book-entry form and we perform all the services of safekeeping and transfer of shares. To make the transfer we make an entry in the
register, debit the share account of the transferor and credit the share account of the transferee.

Transfers of shares by a
foreign investor are made in the same way and executed by the investor’s local agent on the investor’s behalf.

Our shareholders may opt
to hold their shares through