Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 307

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 9
Chunk 307
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 Emerging Markets portfolio of the NYSE, and on the FTSE Latibex Brazil Index of the Madrid Stock Exchange.

In January 2012, the Central
Bank of Brazil authorized the creation of an ADR program for our common shares in the USA market. As part of this authorization, and after
the government had affirmed it as being in its interest, the Central Bank of Brazil increased the limit of foreign interest in our share
capital from 14.0% to 30.0%. The increase in the limit of foreign interest in our common shares did not alter our ownership or control
structure. In March 2012, our common share ADSs became listed on the NYSE under the symbol “ BBDO”. Each common share ADS corresponds
to one common share.

Our shares are registered
in book-entry form and we perform all the services of safe-keeping and transfer of shares. Our shareholders may choose to hold their shares
registered at the Stock Exchange of B3. Under Brazilian law, non-Brazilian holders of our shares may be subject to certain adverse tax
consequences due to their ownership and any transfer of our shares. For further discussion of the restrictions on the transfer of our
shares, see “ Item 10. B. Memorandum and Articles of Association - 10. B.20 Shareholders - 10. B.20.07 - Form and transfer”
and “ Item 10. D. Exchange Controls”.

Our ADSs are represented
by preferred share ADRs and common share ADRs. Our ADSs may be held in registered form with the depository - The Bank of New York
Mellon - or in book entry form through financial institutions that are members of the “ Depository Trust Company” or
DTC. The depositary bank, as registrar, performs the services of transfer of the preferred share ADRs and common share ADRs. Title to
a preferred share ADR or common share ADR (and to each ADSs evidenced thereby), when properly endorsed or accompanied by proper instruments
of transfer, is transferable by delivery with the same effect as in the case of a certificated security under the laws of the State of
New York. Holders of the preferred share ADRs and common share ADRs who transfer their preferred share ADRs and common share ADRs may
be required to:

  195 – Form 20-F 2024 | Bradesco  

  Table of Contents  

  reimburse the