Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 155

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 155
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 the impact in the Organization’s
income respectively, according to the scenarios drawn up by the Economic area of the Organization. These scenarios seek to determine positive
and negative movements that may occur in the curves of interest rates and, consequently, affect the applications and funding of the Organization.

The
EVE methodology consists of re-pricing the portfolio, subject to a variation in interest rates and taking into consideration any increases
or decreases in the rates used for the calculation of the present value and the total duration of assets and liabilities. Therefore, the
economic value of the portfolio is calculated with both the market interest rates on the date of the analysis and with the scenarios designed.
Therefore, the difference between the values obtained for the portfolio will be the Delta EVE.

In the
case of the NII – Net Interest Income, the methodology intends to calculate the Organization’s variation in the net revenue
interest (gross margin) due to eventual variations in the interest rate level through the same scenarios mentioned above, that is, the
difference between the calculated NII in the base scenario and the calculated NII in the scenarios of increase or decrease of the interest
rate will be Delta NII.

For
the measurement of interest rate risk in the Banking Portfolio, behavioral premises of the clients are used whenever necessary. As a reference,
in the case of deposits and savings, which have no maturity defined study for the verification of historical behaviors, are carried out
as well as the possibility of their maintenance. Through these studies, the stable amount (core portion) as well as the criterion of allocation
over the years are calculated.

Evolution of Risk Exposure

In this
section, we present the evolution of the VaR that is calculated by the internal model, Stress Analysis and Sensitivity Analysis.

| 126 – Reference Form – 2024 |

| 4. Risk factors |

VaR Internal Model – Trading Portfolio

The
Trading Portfolio VaR for the 1-day horizon and net of tax effects of 2024 was higher than it was at the end of 2023, mainly due to the
increase of the exposure in Others.

The
“Other” risk factor includes investment funds, commodities, non-linear instruments and the negative goodwill of the public
security (LFT).

VaR Internal Model – Regulatory Portfolio

Since
January 2013, Bradesco has used its internal market risk models, which were used for their management, in the calculation of the regulatory
capital requirement for every risk factor and for all of the Organization’s business