Company: BBD
Filing Date: 2025-03-31
Form Type: 20-F
Source: 0001292814-25-001244
Chunk: 5

Company: BANK BRADESCO
Filing Date: 2025-03-31
Form: 20-F
Item: Item 10
Chunk 5
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 amount equal to: (a)
100% of the price per share paid to our controlling shareholders for our non-controlling common shareholders; and (b) 80.0% of the price
per share paid for our controlling shareholders for our preferred shareholders.

In the event of our liquidation,
our preferred shareholders would have priority over our common shareholders when returning capital. See Item “10. B. Memorandum and
Articles of Association - 10. B.20 Shareholders - 10. B.20.03 - Liquidation” for more information. In addition,
in the event of a transfer of control, our shareholders have the right of withdrawal under certain circumstances. See Item “10. B.
Memorandum and Articles of Association - 10. B.20 Shareholders - 10. B.20.02 Right of withdrawal” for more information.

Brazilian law also obliges
our controlling shareholder to make a tender offer for our shares if it increases its interest in our share capital to a level that materially
and negatively affects the liquidity of our shares.

  201 – Form 20-F 2024 | Bradesco  

  Table of Contents  

10. B.10.06 B3’s differentiated
corporate governance practices

In 2001, we voluntarily
adhered to B3’s “ Level 1” corporate governance segment, which establishes special requirements for the Company’s
listing and rules for its managers and shareholders, including its controlling shareholders. Companies listed on “ Level 1”
must adopt practices favoring transparency and the disclosure, in addition to legal requirements, of more comprehensive financial reporting
data, details of trading by officers, executives and controlling shareholders and related party transactions, among other things - 
in all cases focusing on providing access to information for shareholders, investors and other stakeholders. Companies listed in this
segment must also maintain a minimum free float of 20.0%.

10. B.20 Shareholders

Pursuant to Brazilian law,
the approval of the holders of a majority of the outstanding adversely affected preferred shares as well as shareholders representing
at least one-half of the issued and outstanding common shares is required for the following actions:

  creating or increasing an existing class of preferred shares without preserving the proportions of any  

  changing a preference, privilege or condition of redemption or amortization of any class of preferred  

  creating a new class of preferred shares that has preference, privilege or condition of redemption or  

These actions are put to
the vote of the holders