Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 365

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 365
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  Capitalization bonds  

The liability for capitalization bonds
is registered in the line item “ Other liabilities”. Financial liabilities and revenues from capitalization bonds are recognized
at the time bonds are issued.

The bonds are issued according to the
types of payments, monthly or in a single payment. Each bond has a nominal value, which is indexed to the Referential Rate index (TR)
plus a spread until the redemption or cancellation of the bond. Amounts payable are recognized in the line item “ Other Liabilities
 - Capitalizations Bonds”.

Capitalization bond beneficiaries are
eligible for a prize draw. At the end of a certain period that is determined at the time the capitalization bond is issued, a beneficiary
may redeem the nominal value paid plus the accumulated interest. These products are regulated by the insurance regulator in Brazil; however,
they do not meet the definition of an insurance contract and, therefore, are classified as financial liabilities.

Unclaimed amounts from “capitalization
plans” are derecognized when the obligation legally expires.

  Employee benefits  

Bradesco recognizes, prospectively the
surplus or deficit of its defined benefit plans and post-retirement plans as an asset or an obligation in its consolidated statement of
financial position, and recognizes the changes in the financial condition during the year in which the changes occurred, in profit or
loss.

  Defined contribution plan  

Bradesco and its subsidiaries sponsor Pension
Plans for their employees and Management. Contribution obligations for defined contribution Pension Plans are recognized as expenses in
profit or loss as incurred. Once the contributions are paid, Bradesco, in the capacity of employer, has no obligation to make any additional
payment.

  ii.      Defined benefit plans  

The Company’s net obligation, in
relation to the defined benefit plans, refers exclusively to institutions acquired and is calculated separately for each plan, estimating
the future defined benefit that the employees will be entitled to after leaving the Company or at the time of retirement.

Bradesco’s net obligation for defined
benefit plans is calculated on the basis of an estimate of the value of future benefits that employees receive in return for services
rendered in the current and prior periods. This value is discounted at its current value and is presented net of the fair value of any
plan assets.

The calculation of the obligation of the
defined benefit plan is performed annually by a qualified actuary, using the projected unit credit method, as required by accounting rule.

Remeasurement of the net obligation, which
include: actuar