Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 107

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 107
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The
Central Bank of Brazil, in February 2020 published Circulars No. 3,986/20 and No. 3,987/20 and, in March 2020, Circular No. 3,993/20 which
reduced the compulsory deposit rate on time deposits from 31% to 17% and allowed the use of 30%, instead of 15%, of the amount of compulsory
reserves deposited in the Central Bank of Brazil in the calculation of the LCR. Subsequently, BCB Resolution No. 78/21 of the Central
Bank of Brazil of March 2021, redefined the validity of the rate of compulsory deposits on term deposits of 17% until November 2021, when
it returned to 20%. However, in November 2021, through BCB Resolution No. 145/21, the Central Bank of Brazil allowed the compensation
of up to 3% of the calculation base of the compulsory deposit on term deposits with the value of the bank’s total financial limit
on the bank’s forward liquidity lines of the Central Bank of Brazil (this limit is generated by the deposit of private securities
in guarantee). These measures and others of lower impact resulted in response to the facts resulting from the Covid-19 pandemic.

From
the implementation of the New Brazilian Payment System in April 2002, the Central Bank of Brazil has offered a credit line from the portfolio
of government securities issued by the National Treasury to provide liquidity to financial institutions, which is defined as re-discount
(or “Redesconto”). This line can be used in the “intra-day” condition, or for a longer term negotiated with the
Central Bank of Brazil, which discloses the differentiated prices for the acceptance of these securities as collateral.

There
is also a traditional re-discount line, where financial institutions offer assets represented by loan operations or illiquid securities.
In this case, the institution will open formal proceedings with the Central Bank of Brazil, presenting the reasons for the request, projected
cash flow, liquidity recovery plan, as well as detailing the assets to be re-discounted and the proposed payment flow to the Central Bank
of Brazil.

The
Central Bank of Brazil, upon analysis, will decide whether or not to release the liquidity line, costs, and other measures deemed necessary.

We have
never used these liquidity resources.

| 86 – Reference Form – 2024 |

| 2. Officers’ notes |

| f) |