Banco Bradesco : Proposal for the payment of extraordinary dividends
October 07, 2019 at 11:27 am EDT
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Publicly-held Company
Corporate Taxpayer ID (CNPJ):
60.746.948/0001-12
Material Fact
Payment of Extraordinary Dividends
The Board of Executive Officers of Banco Bradesco S.A. (Bradesco) decided today to submit to the Board of Directors, which will resolve at the meeting to be held on October 17, 2019, proposal for the payment of extraordinary dividends, on the profit reserves account existing, totaling R$8,000,000,000.00, being R$0.948654134 per common shares and R$1.043519547 per preferred share.
If the proposal is approved:
the shareholders benefited will be those of record at the Company on October 17, 2019 (declaration date), with the shares being traded "ex-right" on extraordinary dividends, as of October 18, 2019;
the payment will be made on October 23, 2019 based on the declared value, without income tax withholding, according to Article 10 of Law No. 9,249/95, and it will not be computed on the calculation of the mandatory dividends of the fiscal year provided at the Bylaws;
the extraordinary dividends will be paid additionally to the monthly, interim and complementary interest on Shareholders' Equity, to be declared in the end of the fiscal year; and
the amount to be paid corresponds to, approximately, 65 times the amount of the interest on Shareholders' Equity paid monthly.
Cidade de Deus, Osasco, SP, October 7, 2019
Banco Bradesco S.A.
Leandro de Miranda Araujo
Executive Deputy Officer and
Investor Relations Officer
Should you have any questions or require further information, please contact: investidores@bradesco.com.br
Banco Bradesco SA published this content on 07 October 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 October 2019 15:26:09 UTC
Banco Bradesco is Brazil's leading private bank. Net Banking Product (NBP) breaks down by activity as follows:
- bank (83%): involved in retail banking, market and investment banking, private banking, asset management, specialized financial services (leasing, real estate loans, consumer loans, and other services);
- insurance (16.8%): automotive, health, accidents, pension fund management insurances, etc.;
- other (0.2%).
At the end of 2019, the group had BRL 368.2 billion of current deposits and BRL 345.3 billion of current credits.
Products and services are marketed primarily through a network of 4,478 branches worldwide.
BANCO BRADESCO S.A. 
