Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 428

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 428
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 risk,                                                                                   

  On December 31, 2024 - R$ thousand                                                         
  Conversion into Income - variation of + 5%      Results in the insurance liabilities (**)  
 ─────────────────────────────────────────────────────────────────────────────────────────────
  Pension Plans                                   ( 51,127)                                  

  On December 31, 2024 - R$ thousand                                                           
  Longevity (Improvement) - Variation of +0,2%      Results in the insurance liabilities (**)  
 ───────────────────────────────────────────────────────────────────────────────────────────────
  Pension Plans                                     ( 185,666)                                 

  (**)      Reinsurance is not subject to the application of the shock, as it is a non-proportional and immaterial contract.  

For non-life insurance, life except individual
life, and health including dental insurance, the table below shows the result of the impact on the Group's income and shareholders' equity
if there was an variation in the loss ratio:

  Schedule of sensitivity variation in the loss ratio                                                                                                          
  Sensitivity - Variation of 1%                            R$ thousands                                                                                        
                                                           Gross of reinsurance                                Net of reinsurance                              
                                                           On December 31, 2024      On December 31, 2023      On December 31, 2024      On December 31, 2023  
  Non-Life                                                 ( 56,151)                            ( 54,511)      ( 55,887)                            ( 54,324)  
  Life                                                     ( 38,389)                            ( 34,000)      ( 38,185)                            ( 33,811)  
  Health (Health and Dental)                               ( 226,001)                          ( 200,709)      ( 226,001)                          ( 200,709)  

Limitations of sensitivity analysis

Sensitivity analyses show the effect of
a change in certain assumptions while other assumptions remain unchanged. In real situations, premises and other factors may be correlated.
It should also be noted that these sensitivities are not linear and therefore greater or lesser impacts should not be interpolated or
extrapolated from these results.

Sensitivity analyses do not take account
of the fact that assets and liabilities are highly managed and controlled. Additionally, the Company’s financial position may vary
with any movement occurring in the market. For example, the risk management strategy aims to manage exposure to fluctuations in the market.
As investment markets move through