Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 94

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 94
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-F 2024 | Bradesco
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Ø  Corporate Risk Management Process
 The corporate risk management and controls methodology is in compliance with the main international risk management frameworks, allowing us to identify, measure, mitigate, monitor and proactively report risks.
 Considering the complexity of the products and services we offer, as well as the nature of our activities, it is essential to establish a robust risk management framework. As such, our approach follows the Three Lines Model, ensuring that every stakeholder plays a certain role in safeguarding our security:
 
·                  The First line, represented by businesses and support areas, is responsible for identifying, evaluating,              
    responding to risk, reporting and managing inherent risks as part of day-to-day activities, while maintaining risks within acceptable
                                                                   levels;                                                               
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·                          The Second line, represented by oversight areas, is responsible for establishing risk management                       
    and compliance policies and procedures for the development and/or monitoring of first line controls, in addition to the independent validation
                                                                  of the models; and                                                              
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·                       The Third line, represented by the Global Internal Audit Area, is responsible for evaluating, in                   
    an independent manner, the effectiveness of risk and internal controls management, including how the first and second lines reach their
       objectives, reporting the results of their work to the Board of Directors, Audit Committee, Fiscal Council and Senior Management.   
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Ø  Risk and capital management structure
 Our corporate governance risk, based on the three-line model, has the participation of all our hierarchical levels, aiming to optimize our performance and protect stakeholders, as well as facilitate access to capital, add value and contribute to our sustainability, mainly involving aspects focused on transparency, fairness of treatment and accountability. This framework meets the guidelines established by our Board of Directors.
 Risk and capital management is carried out through collegiate body decisions, supported by specific committees. This process has the participation of all layers covered by the corporate governance scope, which includes the senior management to the various business, operational, product and service areas.
 The risk and capital management structure is composed of several committees, commissions and areas that support the Board of Directors, the Chief Executive Officer, the Chief Risk Officer (CRO) and the Board of Executive Officers in their strategic decision-making.
 Risk and capital management governance is shown in the following figure:
  
46 – Form 20-F 2024 | Bradesco
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