Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 111

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 111
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6%), with consequent movement of premiums issued and increased contribution
from pension plans (including VGBL).

Expected loss on loans and advances

Our
expense with expected loss on loans and advances for 2024 decreased by R$3,540 million, or 11.7%, compared to 2023, driven by the improvement
in the profile of the portfolio, mainly retail, which contributed significantly with the reduction of expenses with expected loss on loans
and advances evidencing the improvement in the quality of the new credit vintages and actions implemented in the journey of concession
and recovery of credit, creating greater efficiency in the collection and resulting in higher credit recovery revenues.

Personnel expenses

Our
personnel expenses for 2024 increased by R$1,463 million, or 7.0%, compared to 2023, as a result of increased expenses with payroll and
social security charges (+6.9%) and benefits (+4.7%), reflecting the collective bargaining agreement that takes effect from September
of each year, with a 4.64% increase in salaries and benefits agreed in 2024 (4.58% in salaries and benefits in 2023).

Income tax and social contribution

The
following table reflects, on a consolidated basis, the breakdown of our income tax and social contribution charges:

The
variation in our income tax and social contribution is largely related to the increase in income before income tax and social contribution
(taxable basis), as well as the reduction in the benefits of untaxed revenues, such as dividends and shareholdings in associates and joint
ventures.

| 93 – Reference Form – 2024 |

| 2. Officers’ notes |

2.2
– Financial and operating income

Officers must comment on:

| a) | the results of operations of the issuer, in particular: |

i) the description of any important components of revenue

Revenues
from financial assets accounted for 70.7% of the main operating revenues, with a slight growth of 0.1% compared to 2023. This result reflects
the increase in revenues from financial assets measured at fair value through other comprehensive income, partially offset by the reduction
in revenues from financial assets at amortized cost and compulsory deposits held at the Central Bank of Brazil.

The
following are the main variations presented in the periods:

| § | Financial Assets – experienced an increase of R$1,950 million or 2.8%: |

| o | At fair value