Banco Bradesco (BBDC4) investor relations material

Significant events and developments

• Noted a significant decline in demand and saving deposits, with questions about links to footprint reduction and market share in these lines.

• Health insurance earnings have doubled compared to the previous year, with sustainability of these results being a key topic.

• Footprint adjustment with a reduction of 1,603 service points year-over-year, exceeding expectations.

• Major technology investments, including a 109% increase in IT development productivity and expansion of the tech team by over 1,500 people.

• Opened 34 new offices in the Principal segment and expanded digital banking features.

Market and industry conditions

• Growth is occurring in segments with higher comfort, particularly secured lines, while other segments are not expanding.

• Market share in loans has remained relatively stable despite previous strategic plans to increase it from 14% to a higher range.

• Market share increases in payroll loans and high-income segments.

• Inflation for the period was 5.2%.

• Discussion on whether increasing market share or focusing on more profitable segments is more important for future profitability.

Executive summary

• Recurring net income reached R$6.2 billion in 3Q25, up 2.3% quarter-over-quarter and 18.8% year-over-year, marking the seventh consecutive quarter of growth.

• Profitability continues to improve, with ROAE at 14.7%, up 2.3 p.p. year-over-year.

• Transformation initiatives are driving improved profitability and long-term competitiveness, with a focus on risk-adjusted returns and operational efficiency.

• Commercial traction remains strong, and delinquency indicators are stable, supporting ongoing business evolution.

• Revenues are growing, especially client net interest income, while operating expenses remain controlled.