Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 6

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 6
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 of the adversely affected preferred shares at a special meeting, where each preferred share entitles the shareholder
to one vote. Preferred shareholders have the right to vote on any change to our legal form and obtain the right to vote if we enter into
a liquidation process.

The approval of holders
of at least one-half of the issued common shares is required for the following actions:

  reducing the mandatory distribution of dividends;  

  approving a takeover, merger or spin-off;  

  approving our participation in a “grupo de sociedades” (a group of companies whose management                           

  changing our corporate purpose;  

  ceasing our state of liquidation; and  

  approving our dissolution.  

Pursuant to Brazilian Corporate
Law, holders of common shares, voting at a Shareholders’ Meeting, have the exclusive power to:

  amend our Bylaws, including changes to the rights of the holders of the common shares;  
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  elect or dismiss members of our Board of Directors;  

  receive the annual accounts prepared by our Management and accept or reject management’s financial                                            

  suspend the rights of a shareholder who has not fulfilled the obligations imposed by law or by our Bylaws;  

  accept or reject the valuation of assets contributed by a shareholder in consideration for issuance of  

  202 – Form 20-F 2024 | Bradesco  

  Table of Contents  

  approve corporate restructurings, such as takeovers, mergers and spin-offs; dissolve or liquidate, elect  

10. B.20.01 Preemptive rights

Each of our shareholders
has a general preemptive right to subscribe for shares or convertible securities in any capital increase in proportion to its holding.
Shareholders must be granted at least a 30-day period following the publication of notice of the issuance of shares or convertible securities
to exercise their preemptive rights.

As described under “10. B.40
Regulations and Restrictions on non-Brazilian Holders”, under the Brazilian Constitution the increase of foreign investors’
participation in the voting capital (common shares) of financial institutions is subject to prior authorization by the government. However,
foreign investors without specific authorization may acquire publicly traded non-voting shares of Brazilian financial institutions or
depositary receipts representing non-voting shares offered abroad. In January 2012, the Central Bank of Brazil authorized us to create
an ADR program for our common shares in the U. S.