Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 389

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 389
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 limits for credit cards, personal loans, housing loans  

  (2)      Refers to guarantees mostly provided for Corporate customers.  

Financial guarantees are conditional commitments
for loans issued to ensure the performance of a customer in an obligation to a third party. There is usually the right of recourse against
the customer to recover any amount paid under these guarantees. Moreover, we can retain cash or other highly liquid funds to counter-guarantee
these commitments.

The contracts are subject to the same
credit evaluations as other loans and advances. Letters of credit are issued mainly to endorse public and private debt issue agreements
including commercial paper, securities financing and similar transactions. The letters of credit are subject to customer credit evaluation
by the Management.

We issue letters of credit in connection
with foreign trade transactions to guarantee the performance of a customer with a third party. These instruments are short-term commitments
to pay the third-party beneficiary under certain contractual terms for the shipment of products. The contracts are subject to the same
credit evaluation as other loans and advances.

  25)      EQUITY  

  Capital and shareholders’ rights  

The share capital, which is fully subscribed
and paid, is divided into registered shares with no par value.

  Schedule of share capital                                                        
                                   On December 31, 2024      On December 31, 2023  
  Common                                  5,330,304,681      5,330,304,681         
  Preferred                               5,311,865,547      5,311,865,547         
  Subtotal                               10,642,170,228      10,642,170,228        
  Treasury (common shares)                ( 23,843,100)      -                     
  Treasury (preferred shares)             ( 21,344,200)      -                     
  Total outstanding shares               10,596,982,928      10,642,170,228        

All the shareholders are entitled to receive,
in total, a mandatory dividend of at least 30% of Bradesco’s annual net income, as shown in the statutory accounting records, adjusted
by transfers to reserves. The Company has no obligation that is exchangeable for or convertible into shares. As a result, its diluted
earnings per share is the same as the basic earnings per share.

In occurring any operation that changes
the number of shares, simultaneously with the transaction in the Brazilian market, and with the same timeframes, an identical procedure
is adopted in