Company: BBD
Filing Date: 2025-05-30
Form Type: 6-K
Source: 0001292814-25-002283
Chunk: 140

Company: BANK BRADESCO
Filing Date: 2025-05-30
Form: 6-K
Chunk 140
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 further decreases the likelihood of fiscal austerity measures and opens room for measures that further aggravate the public
accounts. Any of these factors, or any other impacts resulting from the factors described above or other related or similar factors not
described above, could have a material adverse effect on our liquidity.

b)its shareholders, especially the controlling shareholders

A majority of our common shares are held, directly and indirectly, by one shareholder and our Board of Directors is composed of 11 members, including four independent members; accordingly, the interests of non-independent members may conflict with those of our other investors.

As of
December 31, 2024, the Fundação Bradesco held a total ownership stake of 31.63% in our company, comprising 8.63% of direct
ownership and 23.00% of indirect ownership. Under the terms of Fundação Bradesco’s bylaws, members of our Board of
Executive Officers that have been working with us for more than ten years serve as members of the Managing Board of Fundação
Bradesco. The Managing Board has no other members.

| 116 – Reference Form – 2024 |

| 4. Risk factors |

Our
Board of Directors has 11 members, four of which are independent, in other words they are not associated with Fundação Bradesco,
in accordance with the criteria included in Law No. 6,404/76, in the regulation issued by the CVM (Brazilian Corporate Law). Brazilian
Corporate Law states that only individuals may be appointed to a company’s Board of Directors. In addition, Law No. 6,404/76 and
CVM Resolution No. 80/22 require that we, as an open company, have independent advisors, whose number must correspond to at least 20%
of the total number of directors. To exercise good corporate governance, our Board of Directors has four independent directors. Since
the majority of members are not independent, the interests of our Board of Directors may not always be aligned with the interests of part
of our other shareholders and these holders do not have the same protections they would have if most of the directors were independent.
Furthermore, our Board members (excluding independent board members) are affiliated with the Fundação Bradesco, and decisions
regarding our acquisition policy, divestments, financing, or other transactions may be made by the Fundação Bradesco and
our Board of Directors that could be contrary to the interests of our other investors, including