Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 315

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 11
Chunk 315
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 and 1.0% on market prices.

  219 – Form 20-F 2024 | Bradesco  

  Table of Contents  

These figures represent
the impact for each scenario in a static portfolio position. Due to the market and portfolio dynamism, these positions change continuously
and do not necessarily reflect the position shown here. In addition, we have a process of ongoing management of the market risk, which
seeks constantly, through the dynamism of the market, manners to mitigate the associated risks, according to the strategy defined by our
Senior Management. Thus, in cases where there is evidence of deterioration of a certain position, proactive actions are taken to minimize
the possible negative impacts, in order to maximize the risk/return ratio.

  Risk Factor                       Market as of December 31, 2024      Scenarios                                                                                                             
                                                                        1 base point shock for interest rate and 1% variation for prices      25% shock for prices      50% shock for prices  
                                                                                                                                              and rates                 and rates             
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Foreign exchange rate R$/USD                                6.19      6.25                                                                  7.74                      9.29                  
  1-year fixed rate in reais                                 15.4%      15.4%                                                                 19.3%                     23.1%                 

Shocks were also applied
to other risk factors and terms of the interest curves. During 2024, the largest depreciation of the realagainst the U. S. dollar
was 25.85% (increased from R$/US$6.21, on December 18, 2024 to R$/US$4.86, on January 12, 2024), which is below the 25% and 50% shock
scenarios.

The impacts of these scenarios
on our positions would be as follows:

  Trading and banking portfolios          As of December 31, 2024                                                                                   R$ in thousands                                     
  Risk factors                            Definition                                                                                                  Scenarios (1)                                     
                                                                                                                                                                  1                2                 3  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Interest rate in Reais                  Exposure subject to the variation of fixed interest rates and interest rate coupon