Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 377

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 377
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 agreements, during the period.

The Company has the following hedge accounting
transactions:

Cash Flow Hedge

The financial instruments classified in
this category, aims to reduce exposure to future changes in interest and foreign exchange rates. The effective portion of the valuations
or devaluations of these instruments is recognized in a separate account of shareholders’ equity, net of tax effects and is only
transferred to income in two situations: (i) in case of ineffectiveness of the hedge; or (ii) when the hedged item is settled. The ineffective
portion of the respective hedge is recognized directly in the statement of income.

  Schedule of cash flow hedge                                                                                                                                                                                                                                                                          
  Strategy                                                                             R$ thousands                                                                                                                                                                                                    
                                                                     Hedge instrument nominal value      Hedge book value      Accumulated fair value adjustments in shareholders' equity (gross of tax effects)      Accumulated fair value adjustments in shareholders' equity (net of tax effects)  
  Hedge of interest receipts from investments in securities (1)                          24,468,458            24,913,057                                                                             ( 147,831)                                                                            ( 81,307)  
  Hedge of interest payments on funding (1)                                              59,956,404            61,308,525                                                                                258,194                                                                              142,045  
  Total on December 31, 2024                                                             84,424,862            86,221,582                                                                                110,363                                                                               60,738  
  Hedge of interest receipts from investments in securities (1)                          44,821,117            45,285,081                                                                                138,891                                                                               76,390  
  Hedge of interest payments on funding (1)                                             102,934,940           103,287,896                                                                             ( 779,599)                                                                           ( 428,779)  
  Total on December 31, 2023                                                            147,756,057           148,572,977                                                                             ( 640,708)                                                                           ( 352,389)  

  (1)      Refers to the DI interest rate risk, using DI Futures contracts in B3, Swaps and e FED funds,  

In December 2021, Bradesco terminated
some hedge accounting instruments to protect cash flows. The fair value changes of these hedging instruments, previously recorded in accumulated
OCI, will be appropriated to profit or loss, according to the result of the hedged item. For the year ended December 31, 2024, the