Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 305

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 8
Chunk 305
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10.04 Taxes”.

Due to the effects of the
COVID-19 pandemic and the generated uncertainty for the Brazilian economy, the CMN, by means of Resolution No. 4,820/20, as amended, vetoed,
for values related to 2020, the compensation of own equity above: (i) an amount equivalent to 30% of the net income adjusted in the terms
of the Brazilian Corporate Law; or (ii) an amount equivalent to the mandatory minimum dividend established by the corporate legislation,
whichever is greater. Although such prohibition being applied only to payments for the fiscal year of 2020 as a mitigation of the impacts
of the COVID-19 pandemic, there is no guarantee that other similar measures will not be applied in the future, be it with the aim of mitigating
the effects of the COVID-19 pandemic or otherwise.

For more information on
net income allocation and dividend distribution, see “ Item 10. B. Memorandum and Articles of Association - 10. B.10 Organization
 - 10. B.10.02 Allocation of net income and distribution of dividends”.

8. B. Significant Changes

See “ Item 4. A. History
and Development of the Company - 4. A.10. Acquisitions, divestitures and other strategic alliances”.

  194 – Form 20-F 2024 | Bradesco  

  Table of Contents  

ITEM
9. THE OFFER AND LISTING