Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 384

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 19
Chunk 384
---
)  
  Adjustment for non-financial risk                              269,958  
  Other estimates                                                734,098  
  Liabilities for claims incurred on December 31, 2024        15,381,961  

  22)      PROVISIONS, CONTINGENTS ASSETS AND LIABILITIES  

a) Contingent assets

Contingent assets are not recognized in
the financial statements. There are ongoing proceedings where the chance of success is considered probable, such as: a) Social Integration
Program (PIS), Bradesco has made a claim to offset PIS against Gross Operating Income, paid under Decree-Laws No. 2,445/88 and No. 2,449/88,
regarding the payment that exceeded the amount due under Supplementary Law No. 07/70 (PIS Repique); and b) other taxes, the legality
and/or constitutionality of which is being challenged, where the decision may lead to reimbursement of amounts and such amounts are recorded
as receivable only when collection is considered certain.

  Provisions classified as probable losses  

The Company is a party to a number of
labor, civil and tax lawsuits, arising from the normal course of business.

Management recognized provisions where,
based on their opinion and that of their legal counsel, the nature of the lawsuit, similarity to previous lawsuits, complexity and the
courts standing, the loss is deemed probable.

Management considers that the provision
is sufficient to cover the future losses generated by the respective lawsuits.

  I       - Labor claims  

These are claims brought
by former employees and outsourced employees seeking indemnifications, most significantly for unpaid “overtime”, pursuant
to Article 224 of the Consolidation of Labor Laws (CLT). Considering that the proceedings database is basically composed by proceedings
with similar characteristics and for which there has been no official court decision, the provision is recognized considering the following
factors, among others: date of receipt of the proceedings (before or after the labor reform of November 2017), the average calculated
value of payments made for labor complaints before and after the labor reform, and inflation adjustment on the average calculated values.

Overtime is monitored
by using electronic timecards and paid regularly during the employment contract, so that the claims filed by Bradesco’s former employees
do not represent individually significant amounts.

  II      - Civil claims  

These are claims for indemnification
primarily related to banking products and services and the inflation indexation alleged