| TRANSACTIONS WITH RELATED PARTIES |
| 39) | | TRANSACTIONS WITH RELATED PARTIES |
The Company has a policy for transactions
with related parties. The transactions are carried out under conditions and at rates consistent with those entered into with third parties
at that time. The transactions are as follows:
| Schedule of transactions with related parties |
|
|
|
|
|
|
|
|
| |
R$ thousands |
| Shareholders of the parent (1) |
Associates and jointly controlled companies (2) |
Key Management Personnel (3) |
Total |
| On December 31, 2025 |
On December 31, 2024 |
On December 31, 2025 |
On December 31, 2024 |
On December 31, 2025 |
On December 31, 2024 |
On December 31, 2025 |
On December 31, 2024 |
| Assets |
|
|
|
|
|
|
|
|
| Securities and derivative financial instruments |
- |
- |
15,086 |
569,106 |
- |
- |
15,086 |
569,106 |
| Loans and other assets |
11 |
9 |
4,515,700 |
2,850,123 |
185,425 |
168,778 |
4,701,136 |
3,018,910 |
| Liabilities |
|
|
|
|
|
|
|
|
| Customer and financial institution resources |
5,434,015 |
3,984,694 |
1,171,315 |
1,135,148 |
400,505 |
457,928 |
7,005,835 |
5,577,770 |
| Securities and subordinated debt securities issued |
28,982,300 |
22,980,518 |
- |
- |
912,486 |
711,521 |
29,894,786 |
23,692,039 |
| Other liabilities (4) |
3,171,676 |
2,873,187 |
13,786,032 |
13,384,216 |
1,991 |
1,527 |
16,959,699 |
16,258,930 |
| |
|
|
|
|
|
|
|
|
| |
Year ended on December 31 - R$ thousands |
| Shareholders of the parent (1) |
Associates and jointly controlled companies (2) |
Key Management Personnel (3) |
Total |
| 2025 |
2024 |
2025 |
2024 |
2025 |
2024 |
2025 |
2024 |
| Revenue and expenses |
|
|
|
|
|
|
|
|
| Net interest income |
(4,477,481) |
(2,955,759) |
(202,736) |
116,185 |
(202,548) |
(134,856) |
(4,882,765) |
(2,974,430) |
| Income from services provided |
132 |
120 |
434,790 |
165,045 |
345 |
85 |
435,267 |
165,250 |
| Other expenses net of other operating revenues |
193,150 |
108,791 |
(2,689,489) |
(2,599,747) |
(59,636) |
(18,356) |
(2,555,975) |
(2,509,312) |
| (1) | | Cidade de Deus Cia. Coml. de Participações, Fundação Bradesco,
NCF Participações S.A., BBD Participações S.A., Nova Cidade de Deus Participações S.A. and
NCD Participações Ltda.; |
| (2) | | Companies listed in Note 13; |
| (3) | | Members of the Board of Directors and the Board of Executive Officers; and |
| (4) | | Includes interest on equity. |
| a) | Remuneration of key management personnel |
The following is established each year
at the Annual Shareholders’ Meeting:
| · | The annual total amount of management compensation, set forth
at the Board of Directors’ Meeting, to be paid to Board members and members of the Board of Executive Officers, as determined by
the Company’s Bylaws; and |
| · | The amount allocated to finance Management Supplementary Pension
Plans, within the Employee and Management pension plan of the Bradesco Company (Bradesco S.A. and other companies in the conglomerate). |
For 2025, the maximum amount of R$1,185,662
thousand was determined for the remuneration of the Directors, and part of this refers to the social security contribution to the INSS,
which is an obligation of the Company, and R$53,824 thousand to cover supplementary pension plan defined contributions.
The current policy on Management compensation
sets forth that 50% of net variable compensation, if any, must be allocated to the acquisition of PNB (class B preferred shares) shares
issued by BBD Participações S.A. and/or PN (preferred shares) shares issued by Banco Bradesco S.A., which vest in three
equal, annual and successive installments, the first of which is in the year following the payment date. This procedure complies with
CMN Resolutions No. 5,177/24 and No. 432/24, which sets forth a management compensation policy for financial institutions.
The Company has no long-term benefits
for the termination of employment contracts or for remuneration based on shares for its key Management personnel.
| Schedule of remuneration based on shares |
|
|
|
| |
R$ thousands |
| Year ended December 31 |
| 2025 |
2024 |
2023 |
| Short, medium and long-term remuneration |
1,166,743 |
611,936 |
647,189 |
| Post-employment - Pension Plans |
51,586 |
547,789 |
613,100 |
| Total |
1,218,329 |
1,159,725 |
1,260,289 |
The members of the Board of Directors and
the Board of the Executive Officers had, together directly, the following shareholding in Bradesco:
| Schedule of equity participation |
|
|
| Direct ownership |
On December 31, 2025 |
On December 31, 2024 |
| Common shares |
0.32% |
0.32% |
| Preferred shares |
1.05% |
0.93% |
| Total shares (1) |
0.69% |
0.63% |
| (1) | | On December 31, 2025, direct and indirect shareholding of the members of the Board of Directors
and the Board of Executive Officers in Bradesco totaled 2.10% of common shares, 1.09% of preferred shares and 1.59% of all shares (on
December 31, 2024 – 1.62% of common shares, 0.96% of preferred shares and 1.29% of all shares). |
|