Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 397

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 397
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% of all shares).                                        
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  40)      RISK MANAGEMENT  

The risk management activity is highly
strategic due to the increasing complexity of products and services and the globalization of the Company's business. The dynamism of the
markets leads the Company to constantly seek to improve this activity.

The Company carries out a corporate risk
control in an integrated and independent manner, preserving and giving value to a collective decision-making environment, developing and
implementing methodologies, models and tools for measurement and control. It promotes the dissemination of the risk culture to all employees,
at all hierarchical levels, from the business areas to the Board of Directors.

Scope of Risk Management

The Group considers risk management to
be essential for the achievement of strategic objectives, to this end, the established procedures are based on best market practices and
ongoing acculturation, in order to keep risks at acceptable levels.

The Group’s risk management structure
aims to maximize the probability of achieving its strategic objectives, business sustainability, timeliness and effectiveness in resource
allocation decisions, in addition to preparing the Group to face sudden changes in the economic, regulatory or technological scenario.

The scope of the Group's Corporate Risk
Management Process includes the risks of the Economic-Financial Consolidation. The main risks monitored by the Group are: solvency, liquidity,
credit, market, social and environmental, climate, model, operational, strategy, contagion, cybersecurity, compliance and reputational.

Risk Appetite Statement (RAS)

The risk appetite refers to the types and
levels of risks that the Company is willing to accept in the conduct of its business and purposes. The Risk Appetite Statement - 
RAS is an important instrument that summarizes the risk culture of the Company.

The Risk Appetite Statement is reviewed
on annual basis2, or whenever necessary, by the Board of Directors
and permanently monitored by forums of the Senior Management and business and control areas.

Appetite monitoring is carried out by
monitoring the established indicators, through effective control processes, in which managers are informed about risk exposures and the
respective use of current limits. Reporting is carried out through an alert system, which facilitates communication and highlights any
exceptions that require adjustment measures, permeating all areas of the Group, supporting Senior Management in assessing whether the
results are consistent with the risk appetite.

1Includes the regulatory scope of the Prudential Conglomerate and other