Company: BBD
Filing Date: 2025-10-30
Form Type: 6-K
Source: 0001292814-25-003701
Chunk: 59

Company: BANK BRADESCO
Filing Date: 2025-10-30
Form: 6-K
Chunk 59
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 blank purposefully). Financial Statements 3Q25 Management Report BRADESCO | Management Report
| Consolidated Financial Statements 54 Dear Shareholders, We submit to you the Consolidated Financial Statements of Banco Bradesco S.A.
for the first nine months of 2025. We follow all of the accounting practices adopted in Brazil, applicable to institutions authorized
to operate by the Central Bank of Brazil. Economic Comment The Brazilian economy showed mixed signals in the last quarter. On the one
hand, there is already a slowdown in some sectors. On the other hand, the labor market remains heated, sustaining the dynamism of consumption.
This accommodation is expected to intensify in the coming months, reflecting the Selic rate and the reduction of the fiscal momentum in
the year. Our projections indicate that the GDP should grow 2.0% in 2025. The Central Bank of Brazil halted the rate hike cycle, after
bringing the Selic rate to 15%. Although inflation expectations and the current inflation are still above expectation, there are signs
of price decompression. We believe that inflation will continue to slow down in the coming months, favored by the accommodation of economic
activity, the appreciation of the real against the dollar and the fall in cost inflation. This will allow the Central Bank of Brazil to
start cutting the basic interest rate at the beginning of 2026. Uncertainties remain high on the international scene. The North-American
economic policy represents the main vector of uncertainty for the performance of the global economy, also representing structural pressure
on the dollar. This context is aggravated by the intensification of geopolitical disputes around the world. Highlights in the period In
July 2025, Banco Bradesco S.A. (“Bradesco”) noticed to its shareholders and to the market in general the relevant fact that
revised the Guidance for 2025, in compliance with Paragraph 4 of article 157 of Law No. 6,404/76 and CVM Resolution No. 44/21, increasing
the projection of the Fee and Commission Income from “4% to 8%” to “5% to 9%” and the projection of the Income
from Insurance, Pension Plans and Capitalization Operations from “6% to 10%” to “9% to 13%”. In September 2025,
Bradesco disclosed to its shareholders and to the market in general that Atlântica Hospitais e Participações S.A.
(an indirect subsidiary), f