Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 146

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 4
Chunk 146
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 total amount redeemed/received as a benefit. VGBL plan participants may not deduct their contributions when declaring income tax. At the time of redemption and/or when benefits are paid out, taxes will be levied on the income accrued, pursuant to current legislation.

84 – Form 20-F 2024 | Bradesco
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These plans can be contracted either individually or via business plans. Individual plans represent 53.3% and business plans 46.7% of the total number of participants in the year ended December 31, 2024. The business plans account for 13.7% and individual for 86.3% of the technical provisions in the year ended December 31, 2024.
 The plans being commercialized allow for contribution, portability, redemption and conversion into income.
 Bradesco Vida e Previdência also offers pension plans for corporate clients that are in most cases negotiated and adapted to the specific needs of this type of client.
 In summary, Bradesco Vida e Previdência earns revenues from:
 
·   pension plan contributions, PGBL and VGBL, life insurance and personal accidents premiums;
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·   revenues from management fees charged to pension plan participants in accordance with mathematical provisions;
                                                         and                                                      
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·   interest income.
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4.B.40 Distribution channels
 
4.B.40.01 Banking
 The following table shows our main distribution channels as of the dates indicated below:
 
              Distribution Channels - Units                   2024     2023 
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Customer Service Points                                      82,914   83,147
- Service Network                                             6,003    7,388
Branches(1)                                                   2,305    2,695
Retail + Prime                                                1,996    2,485
Companies &amp; Business                                        150       67
Corporate                                                        83       73
Digital Platform                                                 76       70
Service Centers                                               2,501    3,351
Electronic Service Centers                                      469      522
Business Units                                                  728      820
Retail + Prime                                                  727      820
Principal                                                         1        -
- Banco24Horas Network                                       17,931   17,967
- Bradesco Expresso (Correspondent Banks)                    39,059   38,264
- Bradesco Financiamentos                                    19,908   19,