Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 113

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 113
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 revenues and expenses. For example,
an increase in financial revenues attributable to an increase in interest rates may be offset by a reduction in the volume of our outstanding
loans.

In addition
to this, when the real values, we incur: (i) earnings in our liabilities denominated in, or indexed to foreign currency, such as:
our long-term debt denominated in dollars and foreign currency loans, to the extent that the cost in real financial expenditure decreases;
and (ii) losses in our assets denominated in/or indexed in foreign currencies, such as: our securities and loan and advance operations
that are indexed to the dollar, when the revenue of these assets measured in real decreases. In turn, when the real devalues,
we incur: (i) losses in our liabilities denominated in, or indexed to foreign currencies; and (ii) gains in our denominated assets, or
indexed to foreign currencies.

2.3
– Officers must comment on changes in accounting practices

| a) | changes in accounting practices that have resulted in significant effects on the information provided 
 in fields 2.1 and 2.2                                                                                 |

The
requirements of the Central Bank of Brazil and the CMN, introducing international accounting standards (IFRSs) in financial institutions,
made these institutions prepare annual financial statements in the international standard as of 2010.

The IFRSs’ standards are issued by the IASB – International Accounting Standard sBoard that has a periodic agenda
of improvement of the standards issued.

In 2023,
there was an amendment of the accounting standards regarding the insurance sector concerning the IFRS 17, whose impacts resulting from
its adoption must be recognized retrospectively, based on the full retrospective approach, unless impracticable, in which case the modified
retrospective approach or fair value approach can be used. However, if the entity does not have reasonable and supportable information
to measure the contracts under the modified retrospective approach, it should use the fair value approach.

The
Organization has determined that the full retrospective approach was adopted for insurance contracts measured under the Premium Allocation
Approach (PAA).

For
contracts measured under the General Measurement Model (GMM/BBA), the Organization has determined to use the fair value transition approach
for contract cohorts in the following portfolios: Life Capitalization, Defined Benefit Retirement, Traditional Retirement, and Long-Term
Non-Life – Housing issued until 2017; for Individual Health and Long-Term Non-Life – Consortium portfolios issued until