Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 326

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 16
Chunk 326
---
. G.10 Comparison of our
corporate governance practices with NYSE rules applicable to North American companies

Under the NYSE’s corporate
governance rules approved by the SEC, foreign private issuers are subject to a more limited set of corporate governance requirements than
U. S. domestic issuers. As a foreign private issuer, we must comply with three rules imposed by the NYSE:

  SEC requirements concerning Audit Committee;  

  our Chief Executive Officer must promptly notify the SEC in writing as soon as an executive officer becomes  

  we must provide a brief description disclosing any significant ways in which our corporate governance  

The table below provides
a brief description of the significant differences between our corporate governance practices and those followed by U. S. companies under
NYSE listing standards.

  Article      NYSE corporate governance rules for US issuers                                                                                                                                                Our corporate governance practices                                                                                                                                                                    
  303A.01      For companies listed on the NYSE, the majority of the members of Board of Directors must be independent.                                                                                      The Brazilian Corporate Law provides that only individuals may be                                                                                                                                     
                                                                                                                                                                                                             appointed to a company’s Board of Directors. Accordingly, there is no legal or statutory provision requiring us to have independent                                                                   
                                                                                                                                                                                                             directors. However, in the spirit of good corporate governance, our Board of Directors includes four independent directors.                                                                           
  303A.04      Listed companies must have a Nomination/ Corporate Governance Committee composed entirely of independent directors, with a written charter that addresses specific minimum requirements.      We have a Nomination and Succession Committee, which reports to the Board of Directors and is composed of our managers. In addition, it has its own charter, describing its minimum requirements....  
 ───────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  228 – Form 20-F 2024 | Bradesco  

  Table of Contents  

  303A.05      Listed companies must have a Remuneration Committee composed entirely of independent directors, with a written charter that addresses specific minimum requirements.      We have a Remuneration Committee of three to seven members chosen among the members of the Board of Directors, except for one who is not an officer, each with a two-year term of office. The Com...  
 ─────────────────────────────────────────────────────────────────────────────────────────────────