BBD Banco Bradesco SA

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Osasco, February 13, 2023.

To

[B]³ – Brasil, Bolsa, Balcão.

Listing Oversight and Issuer Supervision

Attn. Mrs. Ana Lucia da Costa Pereira

 

 

Ref.: Official Letter B3 258/2023-SLS of February 10, 2023

 

 

Banco Bradesco S.A. (“Bradesco” or “Company”) hereby sets forth its clarifications regarding the aforementioned Official Letter (“Official Letter 258/2023-SLS”), transcribed at follows:

 

“In a News published by Valor Econômico newspaper, on 2/10/2023, with the title “Result of Bradesco (BBDC4) plummets, and Americanas is not the only reason”, brings, among other information, the one in which the bank works to recover a ROE of “at least 18% for this year”.

 

We request clarifications on the pointed out item, with your confirmation or not, as well as other material information, by 9:00 a.m. of 2/13/2023.”

 

Clarification:

 

Regarding the Official Letter 258/2023-SLS´s subject, Bradesco clarifies that, as stated at the 4Q22 Earnings Presentation, made available at its Investor Relations website (Home Page, Latest Reports/2.10.2023 – Bradesco 4Q22 – Earnings Presentation – second slide), the Company “aims for a sustainable and recurring return of at least 18%”. The mentioned presentation is available also at Securities Exchange Commission – CVM and B3 S.A. – Brasil, Bolsa Balcão websites.

 

As seen, the sustainable return at least 18% is a goal to be pursued by Bradesco management in the performance of its activities. However, this percentage is not a Company´s projection or estimate and there is no, much less, any commitment that this goal will be reached in 2023 or in future years.

 

Sincerely, 

Banco Bradesco S.A.

 

Carlos Wagner Firetti

Investor Relations Officer

 

 

SIGNATURES

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: February 13, 2023

 

BANCO BRADESCO S.A.
By:		/S/ Carlos Wagner Firetti
		Carlos Wagner Firetti Department Officer and Investor Relations Officer

 

 

FORWARD-LOOKING STATEMENTS

This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.

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