Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 49

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 49
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Standards
on compulsory deposits and additional reserve requirements are periodically altered by the Central Bank of Brazil.

Asset composition requirements

According
to CMN Resolution No. 4,677/18, as amended, financial institutions headquartered in Brazil must limit their exposure to a single client
to a maximum amount of 25.0% of Tier 1 of its RE, or 15% of Tier 1 of its RE if the institution is listed as systemically important in
the global scope by the Financial Stability Board.

BCB
Resolution No. 76/21 regulates on instruments of operation of the Central Bank of Brazil in the Brazilian foreign exchange market for
the purposes of implementing the exchange rate policy, establishing that the terms of the repo operations for the purchase of foreign
currency with a commitment to resell and sell foreign currency with a commitment to repurchase, correspond to the period comprised between
the date of liquidation of the purchase or sale operation, inclusive, and the respective date of liquidation of the resale or repurchase
commitment, exclusive.

Repurchase transactions

Repurchase
transactions are subject to operational capital limits based on the financial institution’s equity, as adjusted in accordance with
Central Bank of Brazil regulations. A financial institution may only hold repurchase transactions in an amount up to 30 times its RE.
Within that limit, repurchase transactions involving private securities may not exceed five times the amount of the financial institution’s
RE. Limits on repurchase transactions involving securities issued by Brazilian governmental authorities vary in accordance with the type
of security involved in the transaction and the perceived risk of the issuer as established by the Central Bank of Brazil.

In September
2016, the Central Bank of Brazil prohibited the execution, extension or renewal of repurchase transactions with securities issued or accepted
from associated institutions, or institutions that are members of the same prudential conglomerate.

Subsequently,
in September 2021, the Central Bank of Brazil issued BCB Resolution No. 76/21, which provisions on the instruments of operation of the
Central Bank of Brazil in the Brazilian exchange market for the purpose of implementing the foreign exchange policy. This Resolution provisions
that the Central Bank of Brazil may perform, among others, the following operations in the Brazilian foreign exchange market: (i) purchase
of foreign currency with resale commitment, in conjunction with a repurchase commitment, made by the counterpart, for settlement on a
pre-established date; and (ii) sale of foreign currency with a repurchase commitment,