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1 - Press Release 3 COVID-19 Pandemic 4 Main Information 6 Recurring Net Income vs. Book Net Income 7 Summarized Analysis of Recurring Income 7 Physical Presence 12 Digital Channels 13 next/BIA 14 Ágora Investimentos (Investments) 15 Main Economic Indicators 16 Guidance 16 2 - Economic and Financial Analysis 17 Net Interest Income 18 Main Indicators of Loan Portfolio 19 Loan Portfolio 21 Expanded Loan Portfolio 21 Main Funding Sources 25 Insurance, Pension Plans and Capitalization Bonds 26 Fee and Commission Income 31 Operating Expenses 32 Additional Information 33 Selected Information – History 34 Statement of Income – Managerial vs. Recurring 35 Balance Sheet – Consolidated 37 3 - Additional Information 39 Return to Shareholders 40 Additional Information 41 Risk Management 43 Capital Management 44 Minimum Capital Required – Grupo Bradesco Seguros 44 Basel Ratio 45 Corporate Governance 45 Compliance, Ethics and Integrity 46 Investor Relations area – IR 46 Social Actions 46 Sustainability 47 4 - Independent Auditors’ Report 49 Limited Assurance Report about Supplementary Accounting Information included within the 50 Economic and Financial Analysis Report 5 - Complete Financial Statements 53 

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Some numbers included in this Report have been subjected to rounding adjustments. As a result, some amounts indicated as total amounts in some charts may not be the arithmetic sum of the preceding numbers. Percentage variations not presented in the framework of this report, are related, in their majority, to the low value balances compared with the other periods presented.

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2SHUDWLQJ([SHQVHV WRWR  U $GPLQLVWUDWLYHDQG3HUVRQQHO([SHQVHV ,QFRPHIURP,QVXUDQFH3HQVLRQ3ODQVDQG&DSLWDOL]DWLRQ WRWR  %RQGV  D 5 ([SDQGHG$//5ELOOLRQ 5WR55WR5 D 5HDOL]DGR 6     (FRQRPLF ,QGHSHQGHQW &RPSOHWH $GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $XGLWRUV¶ )LQDQFLDO ,QIRUPDWLRQ  $QDO\VLV 5HSRUW 6WDWHPHQWV &29,'3DQGHPLF &RQWULEXWLQJWRZDUGVRYHUFRPLQJWKHFULVLV The COVID-19 has brought great challenges and uncertainties in the world. Since the beginning of the pandemic, our actions have taken into consideration the guidelines of the Ministry of Health. The Crisis Committee was installed, which is formed by the CEO and all the Vice-presidents and by the CRO (Chief Risk Officer), which meets daily and reports periodically to the Board of Directors the assessment on the evolution of the COVID-19 and their reflections on the operation. In addition, we have a Risk Commission, which plays an important role in verifying the various points and scope of these measures in the Organization. The Business Continuity Plan ("BCP") was engaged and since the second half of March 2020, we intensified the internal/external actions, in a consistent and timely manner, with the objective of minimizing the impacts involved.

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Intensification of work in Home Office ƒGuidance on hygiene and ƒAccession to the movement 90% of the health care through media #nãodemita (#do not 50% of the branch headquarters and and Bradesco Saúde health dismiss) – pact for the staff office staff booklet preservation of jobs ƒImmediate leave for risk ƒProgram Viva Bem (Living Closer than ever even from a distance groups, trainees and Well) protocol of monitoring Daily and transparent communication apprentices (for an by health professionals, with our greatest strength: People. indefinite term) offered to employees and Health and Well-Being Care and Information ƒFlexible hours family members with Security: internal campaigns and media with ƒAlternation of teams symptoms of the COVID-19 guidelines on the use of VPN and best working practices at home. ƒAnticipation of the 13th ƒAnticipation of the internal LIVE OFFICE Bradesco: videos of employees salary flu vaccination campaign sharing home office experiences.

6XSSRUWLQJDQGDVVLVWLQJRXUFOLHQWV We are in full operational capability to perform administrative (Back Office) as well as commercial teams / branch network functions to serve our clients following all the safety procedures given by the Ministry of Health by highlighting the use of masks, the availability of alcohol gel for employees and clients and the adoption of a minimum distance between clients in the environment of the branches. Emergency actions with the commitment to guarantee more security in the service model and new alternatives to postpone the payment of loan and financing installments, providing options for financial reorganization with differentiated conditions and authorization directly by the App.  &RPSDQLHV ,QGLYLGXDOV SMALL- AND MEDIUM-SIZED LARGE CORPORATES ENTERPRISES ƒ Extension up to 60 days of ƒ Financing of payroll through the ƒLines of working capital to support payment of installments of Emergency Employment Support the immediate need of cash loans and financing for Program (PESE), with 6 months for ƒExtension up to 60 days of payment clients up-to-date or in maturity of the first installment, of installments of loans and arrears in up to 59 days, term of 30 months for payment with financing for clients up-to-date or with the interest rate of the interest rates of 3.75% p.a. in arrears in up to 59 days, with the original contract maintained ƒ Extension up to 60 days of payment interest rate of the original contract after the recalculation of of installments of loans and financing maintained after the recalculation installments for clients up-to-date or in arrears in of installments up to 59 days, with the interest rate of the original contract maintained after the recalculation of installments



   (FRQRPLF ,QGHSHQGHQW &RPSOHWH $GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $XGLWRUV¶ )LQDQFLDO ,QIRUPDWLRQ $QDO\VLV 5HSRUW 6WDWHPHQWV  &29,'SDQGHPLF 6HUYLFH&KDQQHOV±DJLOLW\IOH[LELOLW\DQGHIILFLHQF\ Our digital channels have a fundamental role in serving our clients. We observed an expansion in the number of clients using these digital channels to perform their banking activities and a significant increase in transactions using internet banking and the App. 96% of the Agility in the Implementation – We were quite agile in implementing the measures approved by the transactions are made government. Since March 30, the service channels have been adapted to capture the request of extension through self-service of contracts. In addition, the new financing of payrolls was made available to clients on the first working day after the official regulations of the product was published by the Central Bank of Brazil, with pre-approved limit for loans made through Net Empresas channel. Bradesco was chosen as a facilitating agent of the payment of the Emergency Aid Program – the program is a benefit granted by the Federal Government, processed by Caixa Econômica Federal, in order to financially protect informal workers, individual micro-entrepreneurs (MEI), self-employed and the unemployed during the coronavirus pandemic. Intensification of the Communication – We strengthen communication with our clients by sending SMS and Messages via App about the availability and the use of digital channels, as well as new features and products available. A complete guide with a catalogue of guidelines on products and services is available on the institutional website (banco.bradesco/coronavirus). Remote Branches – We enabled 36 thousand account managers equipped and ready to conduct business and transactions, offering advice to clients via audio or video conference by monitoring of clients’ financial life as well as supporting them with credit and lengthening of debt maturity. Branches – Our branches are working in all locations where it is permitted, with differentiated opening hours to elderly and high-risk group, with the teams working in shifts. We have intensified the cleansing and strengthened the access control to maintain distance between the people.

&RPPLWPHQWZLWK6RFLHW\ The following are some examples of actions that we performed in the last weeks for the benefit of society. Social Donations: ƒ The Bradesco Organization, in this moment of concern and challenges to overcome the pandemic of the new coronavirus, is offering assistance, in partnership with other banks, for the acquisition and donation of 5 million kits for quick tests application, 30 CT scanners, 30 PCR machines for real-time diagnosis and 15 million masks, to directly assist the Ministry of

Health and State Health Departments. ƒ We also cooperate in strategic partnerships with companies and organizations in the health area by making other donations, among them: o Construction of the Field Hospital in Lagoa Barra, State of Rio de Janeiro; o Donation made in cooperation with other companies of 26 thousand tests that should be primarily directed to health care professionals. o Reform, acquisition of equipment and acclimatization of ICU beds, in hospital and Santa Casa; o 500 multiparameter patient monitors; o Support in the development by scientists in the Production of low-cost ventilators. Business of Impact: ƒ Bradesco has formed a consortium with 8 other banks associated with Febraban to ensure the acquisition of 4,800 ventilators by the Ministry of Health. *RYHUQDQFH3ROLF\DQG5LVNV We have adjusted the governance and the Bradesco's policies for the time in which we are living. Credit Policy – In relation to our credit policies, our main focus at the moment is the support to our clients, with the appropriate assessment of the risks. We have mapped our exposures to sectors and businesses with greater fragility and we have maintained a constant line of communication with businesses through our relationship teams. We have kept the teams of credit recovery 100% active, focused on seeking solutions for clients who require them. We have incorporated into our models of credit the new risk variables of the current scenario in order to properly assess the situation. Capital and Liquidity – Our ability to help clients is related to the maintenance of our strength. We have entered the current scenario with a solid capital base and adequate and robust liquidity margin to meet the needs of clients, as well as business sustainability. In addition, the Central Bank of Brazil has been in continuous communication with the banks, promoting measures that favored even more the solvency of capital and liquidity of the system. We use, in the normal course of our operations, funds resulting from these measures, including originating loan operations in higher volumes than those provided by the Central Bank of Brazil. Governance of Risks – We have constantly monitored and adjusted the operational and risk appetite limits by promoting the review and prompt adaptation to the current context. For more information on our actions related to the coronavirus, please visit: www.bradesco.com.br/coronavirus

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ROAE ROAA R$ 3.8bi in the 1Q20 11.7% -39.8% in 12 months (1Q20x1Q19) 1.0% -43.5% in the quarter Return on Average Equity Return on Average Assets

 ([SDQGHG/RDQ3RUWIROLR 6XSSOHPHQWDU\3URYLVLRQIRU $GYHUVH(FRQRPLF6FHQDULR Individuals +19.5% in 12 months R$ 655.1bi +2.6% in the quarter +17.0% in 12 months Companies +15.6% in 12 months R$ bi in +6.6% in the quarter 5.1 Mar20 +5.1% in the quarter (Provision Balance)* *For more information, see page 09 of this report.



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%RRN1HW,QFRPH      (1) It is composed of operating provisions, mainly civil and labor; (2) It refers to the ratings downgrade and the improvement of the measurement criteria of provision for guarantees – sureties and guarantees; and (3) In the 4Q19, it is mainly composed of impairment of investment, assets related to the acquisition in the provision of financial services (payroll) and systems / hardware 6XPPDUL]HG$QDO\VLVRI5HFXUULQJ,QFRPH For more information about the summarized analysis of recurring income presented as follows, see chapter “Economic and Financial Analysis” of this report.

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  (FRQRPLF ,QGHSHQGHQW &RPSOHWH $GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $XGLWRUV¶ )LQDQFLDO ,QIRUPDWLRQ $QDO\VLV 5HSRUW 6WDWHPHQWV  6XPPDUL]HG$QDO\VLVRI5HFXUULQJ,QFRPH 5HFXUULQJ1HW,QFRPH The reductions in net income in the periods are mainly related to higher expenses with ALL, which were impacted this quarter by the additional provision in the value of R$2.7 billion, as a result of the adverse economic  scenario, which can result in an increase in the level of delinquency, reflecting the bankruptcy of companies, increase in the rate of unemployment, as well 5PLOOLRQ   as the degradation of the value of guarantees. This amount, combined with  the pre-existing portion of R$2.4 billion, totals a complementary provision of 

R$5.1 billion for the losses in an adverse economic scenario. This crisis has  provoked great volatility in the local and global markets, a fact which  impacted adversely our results originating from the market portion and  financial result from insurance this quarter. However, we have observed the  growth of the client portion, reducing operating expenses (personnel and   administrative expenses and other operating expenses, net of income) in the  periods and growth in fee and commission income in relation to the 1Q19, factors that partially offset the effects mentioned above. The profitability on 4 4 4 average Shareholders’ Equity (ROAE) in 1Q20 reached 11.7% and the return on average assets (ROAA) was 1.0%. %DQNLQJ$FWLYLWLHV ,QVXUDQFH$FWLYLWLHV   (IILFLHQF\5DWLR (5  1HW,QWHUHVW,QFRPH &OLHQW3RUWLRQ

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4 4 4 The variation presented in the periods reflects the increase in the average volume of business due to the 4 4 4 4 4 growth of loan portfolio. In comparison with the 4Q19, the 4XDUWHUO\(5 PRQWK(5 PRQWKULVNDGMXVWHG(5  client portion was affected by the fall of the spread, a The performance of the ER in the periods was impacted reflection of the regulation on the overdraft, product mix, by the lower result obtained with the net interest income lower number of business days and the fall of the Selic rate with the market and financial result from insurance in the in the period. 1Q20. In comparison with the 1Q19, the indicator 0DUNHW3RUWLRQ accumulated in the last 12 months showed an  improvement of 0.4 p.p., arising from the performance of  5PLOOLRQ the net interest income with client and fee and   commission income, and the control of our operating  expenses, arising from the management's actions aimed at the improvement of our operational efficiency. The behavior of the ER adjusted to the risk, reflects the 4 4 4 increased expenditure with ALL in the period, which was The decrease in the periods is justified by the effect of the strongly impacted by the advance of the pandemic caused mark to market in positions of arbitration of our treasury by the COVID-19, as mentioned earlier. department, due to the heightened volatility of the market in this quarter and by the decrease in results from working capital due to the interest rate decrease scenario.

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4 4 4 ([SDQGHG$// ([SHQVH 4 4 4 ([SDQGHG$// ([SHQVH ([SDQGHG/RDQ3RUWIROLR $QQXDOL]HG )HHDQG&RPPLVVLRQ,QFRPH Our level of provisioning, which is based on statistical &KHFNLQJ$FFRXQW+ROGHUVPLOOLRQ %XVLQHVV'D\V  models that capture historical and prospective In comparison with 1Q19, the fee and commission income information, and in the experience of Management, still grew 2.6%, highlighting revenues with checking account reflects our expectation of losses in different economic +7.0%, with the base of account holders totaling 30.7 scenarios (positive, expected and adverse). Given the million (+1.9 million accounts in the year), and revenues crisis caused by the pandemic of the COVID-19 and the with custody and brokerage services +31.1%. In the uncertainties in relation to the size of the impact that it period, adjustments were made with respect to asset may have on the Brazilian economy and, consequently, on management and lower revenues from the activities of our results, we have updated our economic perspectives. the credit card operator. In comparison with the previous In this context, we recognize additionally, R$2.7 billion of quarter, the reduction presented is related to the provision in our results this quarter. This value added to seasonal effect of the 4Q19, which mainly impacted the the pre-existing portion of R$2.4 billion, reserved for revenue with cards and loan operations. In addition, the possible losses in the adverse economic scenario, totals a lowest capital market activity in 1Q20 in comparison to provision of R$5.1 billion. Of these R$5.1 billion in 4Q19 justifies the lower revenue from underwriting / provision, R$4.9 billion are allocated initially as financial advisory services. complementary provision and R$200 million as required provision. We believe that this provision reflects our best estimate of loss, until there is a clearer vision of the future scenario. Excluding the effect of this complementary provision, the variations of the expenses with ALL in the periods are essentially related to the growth loan operations, mainly by the evolution of operations with individuals and micro, small and medium-sized enterprises, that influence the variation of expenses with ALL (Gross), by higher expenses with impairment of financial assets and by lowest revenues from credit recovery.

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4 4 4 4 4 4 2WKHU2SHUDWLQJ,QFRPH ([SHQVHV 3HUVRQQHO([SHQVHV 2SHUDWLQJ,QFRPH )LQDQFLDO5HVXOW $GPLQLVWUDWLYH([SHQVHV  Personnel Expenses – In relation to the 4Q19, a reduction In comparison with the 1Q19, the performance of the of 2.7% is related to lower expenses with provision for operating income reflects the increase in revenues, with labor claims and termination costs. In the annual special attention to the lines of health and life and comparison, the increase of 3.2% is related to higher pension, which was offset by the increase in the claims ratio. The fall of the operating income compared to the expenses with payroll/social charges, in relation to the 4Q19, reflects the lower revenues in the 1Q20, which did effects of the collective bargaining agreement, whose not show the same performance in the previous quarter, readjustment was 4.3%, which were partially offset by due to the higher concentration of private pension lower expenses with provision for labor claims. contributions, which historically occur in the last quarter Administrative Expenses – In comparison with the 1Q19 of each year. the expenses grew only 1.0%, reflecting the actions of the The lower financial result presented in the periods is Management to maintain a strong cost control and justified due to the volatility of the market, which improving operational efficiency. The growth is related to impacted the results of our positions in variable income higher expenditure on depreciation and amortization and multi-market trading, and to the reduction of the (+10.7%), due to the higher investments in technology, IPCA in the periods. such as the acquisition of new equipment and the With the pandemic caused by the COVID-19, we noticed implementation of new systems, whose development is changes in the dynamics of events related to the directly related to the growth in the volume of business. insurance business. In the health sector, for example, It is worth noting that the expenses presented growth there was a reduction in the number of elective below the accumulated inflation in 12 months (IGP-M procedures and, on the other hand, it was possible to 6.8% and IPCA 3.3%). The reduction of expenditure in verify a gradual growth of the emergency events and comparison with the 4Q19 reflects lower spending in hospitalizations. In the auto line, the decrease of urban virtually all the lines, highlighting advertising and circulation pointed to a momentary change in the marketing, outsourced services and data processing. frequency of reported claims, as well as the beginning of Other Operating Income / (Expenses) – The reduction of the drop in sales of new vehicles. In the life segment, other operating income, net of income in the periods, is although it is too early to conclude, there is an related to lower expenses with the constitution of expectation of an increase in indemnifiable events. The operational provisions (both civil and tax) and a reduction dynamics of distribution channels is also undergoing in expenditure on claims, which offset the higher adjustments and we have achieved success with the expenses with the marketing of cards in the periods, expansion of digital services that have demonstrated whose increase is related to higher expenses with points effectiveness in serving our customers, business partners programs and higher costs arising from insurance and distribution network. activities.

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                                                                  -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU ,QGLYLGXDOV 1HWORVVHVLQPRQWKV 0LFUR6PDOODQG0HGLXP6L]HG(QWHUSULVHV 7RWDO (+1RQ3HUIRUPLQJ/RDQV /DUJH&RUSRUDWHV 7RWDO3URYLVLRQ &RYHUDJH5DWLRRYHU'D\V  The increase of the indicator observed in the portfolio of individuals is related to the change in product mix, with The reduction in the coverage ratio for this quarter is strong growth of mass-market operations, highlighting influenced mostly by the increase in the level of personal credit, credit card and vehicles. In operations delinquency, as mentioned in the analysis of the with companies, the behavior of the delinquency ratio is delinquency indicators at the side. In March 2020, the net impacted by specific cases from the corporate and losses estimated in 12 months point to 3.0%, an estimate business segments. that can increase depending on the repercussions of the From the second half of March onwards, the worsening of COVID-19 crisis. For this quarter, we provided a the COVID-19 crisis put additional pressure on strengthening of provision, in the value of R$2.7 billion, delinquency ratios and we believe that this situation is related to the losses in an adverse economic scenario, likely to worsen for the financial system in general in which justifies the partial increase in our overall provision subsequent quarters. However, the extent and duration and, consequently, our level of provisioning in relation to of future impacts depend on the evolution of the the portfolio, which reached 8.5% at the end of the first pandemic and its unfolding over the economy in general. quarter of 2020. 13/&UHDWLRQ±GD\VYV:ULWHRIIV

The total NPL creation in relation to the loan       portfolio reached 1.5% in the 1Q20, showing    5PLOOLRQ           an increase in relation to the previous quarter,      reflecting the increase in the delinquency ratio, as mentioned earlier. 4 4 4 4 4 4 4 4 13/&UHDWLRQGD\V :ULWHRIIV 13/&UHDWLRQGD\V/RDQ3RUWIROLR %DFHQ    (FRQRPLF ,QGHSHQGHQW &RPSOHWH $GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $XGLWRUV¶ )LQDQFLDO ,QIRUPDWLRQ  $QDO\VLV 5HSRUW 6WDWHPHQWV 3K\VLFDO3UHVHQFH

We are the only Bank present throughout Brazil and we also operate in strategic locations abroad. With a wide Service Network and constantly updated, we provide a modern structure, offering practical services in all segments we operate. At the end of the quarter, our Network comprised of 81,064 points. %UDGHVFR9DUHMR

The Bradesco Varejo service network comprises 4,147 branches, 4,025 service centers, 897 electronic service centers and 40,483 Bradesco Expresso (banking correspondent units), in addition to thousands of ATMs.

Bradesco Varejo has a prominent role in the use of banking services by Brazilians. By being present in all municipalities, Bradesco is frequently the first interaction a clients has with a financial institution. In this way we contribute to the development of individuals and the communities where they live. %UDGHVFR3ULPH

Bradesco Prime operates in the segment of high-income individuals and is present in all Brazilian capitals. It has a service network of 236 exclusive branches and 997 “Bradesco Prime Spaces”. The clients have a full relationship model that fits the profile and needs of each client, providing effective financial planning, with customized solutions, evaluated by qualified professionals, to assist our clients with their Asset Management. %UDGHVFR&RUSRUDWH

The Bradesco Corporate segment is responsible for serving business groups and focused on both large- and medium-sized enterprises. Its offices are located in the main financial centers and with a value proposal based on physical proximity and relationship with clients offers customized services with a global reach and has a highly skilled team to fulfill clients’ needs through a wide portfolio of products, structured solutions and financial services.

x Large Corporate: It has a highly qualified team, offering customized consultancy to serve clients in Brazil and worldwide;

x Corporate: It has a structure of specialized services for large companies, offers customized services by market sector and a physical structure in various cities in Brazil and abroad;

x Corporate One: Focused mainly on the middle market it also has a team focused on providing services to large companies. The area has national presence and a regionalized structure, composed of 70 Units located in main cities and capitals distributed in 15 regional sectors.

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/RDQVDXWKRUL]HGLQWKH'LJLWDO&KDQQHOV In 1Q20, 24.0% of the total +LJKOLJKWV loans authorized by the Individuals  /RDQV$XWKRUL]HG /RDQV$XWKRUL]HGE\ R$ Billions E\3URGXFW Organization were made 0RELOH&KDQQHO  4[4 available by digital channels, (YROXWLRQ%DVH   autonomously by clients. In   relation to 1Q19, the growth in   loans authorized in digital 3HUVRQDO/RDQV     RULJLQDWLRQE\5EL   channels grow was 21% for individuals and 25% for 4 4 4 companies. The participation of 2WKHU&KDQQHOV 0RELOH 4 4 4   the mobile channel stands out, representing 69% of the total Companies +LJKOLJKWV authorized for individuals and /RDQV$XWKRUL]HG R$ Billions  /RDQV$XWKRUL]HGE\ E\3URGXFW 0RELOH&KDQQHO 13% for companies, with a 4[4   variation of 51% and 46%, (YROXWLRQ%DVH     respectively, over the same 'LVFRXQW   RULJLQDWLRQE\5EL  period of the previous year.      $GYDQFH3D\PHQWWR6XSSOLHUV  RULJLQDWLRQE\5 EL  4 4 4 4 4 4 2WKHU&KDQQHOV 0RELOH  

$FFRXQWKROGHUVZLWK'LJLWDO3URILOH 17.6 Million $FFRXQWVRSHQHGYLD$SS

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In the first quarter of 2020, next reached the mark of 2.3 million digital clients, having even reached a record number of 500,000 new accounts opened. Compared to the first quarter of 2019, there was an increase of 28% in relation to account openings. In the 1Q20, we reached 125 million transactions, which demonstrates the commitment of the clients.

$PRXQWRI7UDQVDFWLRQV Customer Profile Accounts   Projections Dec20 2.3 millions ,Q0LOOLRQ  of account openings were not Bradesco accounts 732  thousand   Between 18-34 years old Mar19 Mar20 Relationship with clients: We carried through 2 million interactions via chat, of which 69% were solved through

4 4 4 4 4 Churn next BIA (artificial intelligence), which optimized the time and increased the efficiency. Average growth 20% Launches: In the 1Q20, we have expanded our portfolio 3RLQWV of services and solutions and enabled the new area of 136 Protection, which offers different options of insurance, like dental plan and insurance for both credit and debit

 cards. Soon, the journey will count on new products. 5DWLQJ We also launched the Virtual Card, which facilitates and $SS6WRUH provides more security in online purchases, and we enabled the digital portfolios Samsung and Google Pay to clients with debit cards.  5DWLQJ Mimos platform: The gratuities platform (Mimos) closed 3OD\6WRUH the quarter with 252 brands and 707 offers, which is the most extensive and complete in the market.

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 Operating with 90 products and services with high We have reached the 363 accuracy in responses million mark of interactions  BIA 

Customers and Employees  94.4 million  Service Total of interactions 1Q20 4 4 4

 Transfer between Bradesco 133.9 million Total of interactions on WhatsApp accounts by voice and text (Implantation in April 2018) for Individuals mobile +4,1 million customers have already  interacted with BIA on WhatsApp

4 4 Multi Plataforma Pioneer Bank on Artificial Bradesco App, next App, Intelligence WhatsApp, Google Assistant, Alexa and Apple Business Chat

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Ágora, Bradesco’s new Investment House, offers a broad portfolio of products, with an open and independent platform and a specialized board of trustees in the selection of the best investments, for each investor profile. It offers several options like variable income, futures markets, tesouro direto (Government Treasury Bonds), COE, funds, public and private securities of fixed income and private pension. In addition, the investor has expert advice, content and recommendations prepared by renowned market analysts that will help them make the best decision when investing.

The new trading and investment platform, which is agile, modern and dynamic, favors user experience and can be used via the site or Ágora App. Clients begin the relationship by doing the 100% digital registration and they can in a few minutes open their account and have access to the best in the world of investments.

By the end of March 2020, we reached 416 thousand (+13.4% compared to Dec19) and a total of R$40.7 billion in assets under custody. In 1Q20 we also reached 80 thousand daily trades, 2.5 times higher than the 2019 daily average.

Since March 2020, Ágora, in partnership with Grupo Estado, provides content to its customers through a multiplatform channel that includes the website E-Investidor, Rádio Eldorado and Jornal Estadão, bringing high-quality, impartial journalistic information about economy, financial education and investments, focused exclusively on the individual investor, who now has available more content and information, with an impact on an audience of more than 31 million users.

Differentials that are more perceived by clients

Relationshio Content Solidity Open Platform

Security Expertise Modernity Trustees

&RQWHQWVDQG3ODWIRUPV State-of-the-art platform, with information in real time, exclusive contents and the selection of the best investment products available 24 hours a day via site or Ágora app

Relevant content enabled on different channels to support decisions made on investments 

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*XLGDQFH 3HUVSHFWLYHXSWR Given the uncertainties caused by the COVID-19 pandemic, which changed the scenario and reduced the predictability of business performance at this time, the Management decided to suspend the projections we disclose to the market ("Guidance") for the year 2020.

As soon as we have a scenario that allows more predictability, Bradesco’s Management will evaluate the resumption of the projection disclosure to the market.



This Economic and Financial Analysis Report contains forward-looking statements related to our business. Such statements are based on Management’s current expectations, estimates and projections concerning future events and financial trends that may affect our business. However, the forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may be beyond our control. In addition, certain forward-looking statements, such as the guidance, for example, are based on assumptions, which depending on future events, may not prove accurate. Thus, the actual results may differ significantly from the plans, objectives, expectations, forecasts and intentions expressed or implied in such forward-looking statements. The factors that can modify the actual results include changes in business and economic conditions, changes in interest rates, inflation, loss of the ability to capture deposits, and loss of clients or of income, among others.

 

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(1) It relates to the result of operations made with assets (loans and other) and liabilities sensible to spreads. The result calculation of the assets sensible to spreads considers the original rate of the deducted operations from the internal funding cost, and the liabilities result represents the difference between the cost of raising funds and the transfer rate of these funds; and (2) Composed by Assets and Liabilities Management (ALM), Trading and Working Capital.

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4 4 4 4 4 4 4 4 4 $YHUDJH 6SUHDG 3URGXFWV 1XPEHURI 4 &OLHQW3RUWLRQ 9ROXPH 0L[ 'D\V $YHUDJH5DWH $YHUDJH,QWHUEDQN'HSRVLW&HUWLILFDWH &', The performance of the quarter addresses the positive effects of the average business volume increase, mainly by the operations to individuals that were driven by the growth in operations related to consumer financing (personal loans, payroll-deductible loans, vehicles and credit card), with growth of 2.5% in the quarter and 22.2% in the last 12 months and real estate financing, which grew 4.3% in the quarter and 16.1% in the last 12 months. These effects were impacted by the reduction in the average spread, due to the effects of the regulation on overdraft loans, the reduction in the Selic rate and the lower number of working days. 1HW,QWHUHVW,QFRPHZLWK&OLHQWVYV([SDQGHG$//

The variation in the net spread is related to the increase        of expenditure with ALL, which in this quarter, as a    reflection of the advancement of the pandemic caused       by the COVID-19, we recognize R$2.7 billion in provisions 5PLOK}HV related to the potential impacts initially measured in our        exposures, which include corporate and mass-market     customers. Excluding this effect, the net spread would      be 6.8%, which better reflects the performance of our        net interest income with customers. 

4 4 4 4 4 4 4 4 ([SDQGHG$// 1HW&OLHQW3RUWLRQ ([SDQGHG$//&OLHQW3RUWLRQ*URVV 1HW6SUHDG 1HW,QWHUHVW,QFRPH±0DUNHW3RUWLRQ The decrease in the periods is justified by the effect of the mark to market in positions of arbitration of our treasury department, due to the heightened volatility of the market in this quarter and by the decrease in results from working capital due to the interest rate decrease scenario.

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The charts below refer to the Loan Portfolio, as defined by Bacen: &RPSOHPHQWDU\3URYLVLRQIRU$GYHUVH(FRQRPLF6FHQDULR Our level of provisioning, which is based on statistical models that capture historical and prospective information, and in the R$ 2.5 bi R$ 2.4 bi R$ 200 MM R$ 5.1 bi experience of Management, still reflects our expectation of losses QHZ SURYLVLRQ 7RWDO$GYHUVH SURYLVLRQ FRPSOHPHQWDU\ (FRQRPLF6FHQDULR in different economic scenarios (positive, expected and adverse). SUHH[LVWLQJ UHTXLUHGLQ0DU SURYLVLRQ Given the crisis caused by the pandemic of the COVID-19 and the uncertainties in relation to the size of the impact that it may have on the Brazilian economy and, consequently, on our results, we have updated our economic perspectives. In this context, we recognize additionally, R$2.7 billion of provision 5PLOOLRQ  in our results this quarter. This value added to the pre-existing  portion of R$2.4 billion, reserved for possible losses in the adverse  economic scenario, totals a provision of R$5.1 billion. Of these  7RWDO $GYHUVH R$5.1 billion in provision, R$4.9 billion are allocated initially as  (FRQRPLF 6FHQDULR complementary provision and R$200 million as required provision.    We believe that this provision reflects our best estimate of loss,  $GYHUVH until there is a clearer vision of the future scenario. (FRQRPLF 6FHQDULR  

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-XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU ,QGLYLGXDOV ,QGLYLGXDOV 0LFUR6PDOODQG0HGLXP6L]HG(QWHUSULVHV 0LFUR6PDOODQG0HGLXP6L]HG(QWHUSULVHV 7RWDO 7RWDO /DUJH&RUSRUDWHV /DUJH&RUSRUDWHV The increase of the indicator observed in the portfolio of The increase shown in the indicator in relation to December 2019 individuals is related to the change in product mix, with strong reflects the seasonal behavior of the beginning of this year, growth of mass-market operations, highlighting personal credit, mainly observed in the operations with individuals and credit card and vehicles. In operations with companies, the companies of the "mass-market" in conjunction with the initial behavior of the delinquency ratio is impacted by specific cases effects of the pandemic caused by COVID-19. In addition, there from the corporate and business segments. were occasional cases from the corporate and business From the second half of March onwards, the worsening of the segments. COVID-19 crisis put additional pressure on delinquency ratios and we believe that this situation is likely to worsen for the financial &UHGLW$VVLJQPHQWV system in general in subsequent quarters. However, the extent In the 1Q20, loan assignments were made (without the retention and duration of future impacts depend on the evolution of the of risks and benefits), in the amount of R$148 million related to pandemic and its unfolding over the economy in general. loan operations already written-off for losses and the amount of R$6.4 billion.

19

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Our coverage ratios (60 and 90 days) reached   184.2% and 227.9%, respectively and the     reductions in this quarter are influenced   mostly by the increase in the level of      delinquency, as mentioned in the analysis of    the delinquency indicators on the previous 5PLOOLRQ  page. For this quarter, we reinforced the        provision, by R$2.7 billion related to the losses in the adverse economic scenario, which justifies part of the increase of our          overall provision, and consequently, our level        of provisioning in relation to the portfolio, which reached 8.5% at the end of the first quarter of 2020. -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU 7RWDO3URYLVLRQ $ /RDQ3RUWIROLR2YHUGXHIRURYHU'D\V %

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In the 1Q20, the increase in NPL Creation in the portfolio of individuals is focused on personal loans and credit card operations. In the portfolios of companies (large corporations and micro small and medium sized enterprises), the increase is justified by occasional cases in the corporate and business segments and also by the higher delinquency ratio on mass-market transactions. Below we have demonstrated the opening of the NPL Creation per portfolio:

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                 5PLOOLRQ  5PLOOLRQ                             



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/RDQ3RUWIROLR %DFHQ3RUWIROLRYV([SDQGHG3RUWIROLR The loan portfolio (Bacen) of March 2020, which registered a positive increase in the quarter and in the last 12 months, was boosted mainly by operations with companies, with emphasis on operations related to working capital and foreign trade finance, which presented, significant increase in both the quarter comparison and in the period of 12 months. Our average daily origination of the 1Q20, in comparison with the 1Q19, increased 41% (20% with individuals, and 53% with companies). It should be noted that, in the loans authorized for individuals through digital channels reached R$7.0 billion in the 1Q20 (+21% in relation to the 1Q19), and from this total there was an increase of 51% in the individuals mobile channel only, all that in relation to the 1Q19 releases, reaching R$4.9 billion in this quarter. In the expanded portfolio, we highlight the growth in the quarter and in 12 months of operations with guarantees and sureties, and with credit risk, which includes debentures, mostly designed for large corporates. 9DULDWLRQ 0DU 'HF 0DU 5PLOOLRQ 4XDUWHU PRQWKV ,QGLYLGXDOV       &RPSDQLHV       /RDQ3RUWIROLR%DFHQ       6XUHWLHVDQG*XDUDQWHHV         2SHUDWLRQVEHDULQJ&UHGLW5LVN&RPPHUFLDO3RUWIROLR           2WKHU           ([SDQGHG/RDQ3RUWIROLR        :LWKRXWH[FKDQJHYDULDWLRQ     (1) It includes debentures operations and promissory notes; and (2) It considers letters of credit, advances of credit card receivables, rural product notes (CPR), certificates of real estate receivables (CRI), certificate of agribusiness credit rights (CDCA), receivables-backed investment funds (FIDC) and co-obligation in the assignment (CRI and rural credit).

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21

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In March 2020, our market share in payroll-deductible loans -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU reached 16.4%, a growth of 1.0 p.p. in 12 months and 2.1 p.p. in the last 24 months. It is important to note that the gains in market ,QGLYLGXDOV &RPSDQLHV  share originate INSS portfolio. 'LVWULEXWLRQRIWKH3RUWIROLRE\3URGXFW

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22 Independent Complete Economic- InformaçõesAdditional Press Release Financial Auditors’ Financial Analysis InformationAdicionais Report Statements

Expanded Loan Portfolio Expanded Loan Portfolio Concentration – By Economic Sector

Mar20 % Dec19 % Mar19 % R $ millio n Economic Sector Public Sector 16,635 2.5 15,867 2.5 16,837 3.0 Oil, derivatives and aggregate activities 12,134 1.9 10,318 1.7 10,683 1.9 Production and distribution of electricity 3,682 0.6 4,714 0.8 5,141 0.9 Other sectors 819 0.1 835 0.1 1,013 0.2 Private Sector 638,459 97.5 607,178 97.5 542,983 97.0 Companies 399,245 60.9 374,099 60.0 342,785 61.2 Real estate and construction activities 34,466 5.3 33,443 5.4 35,342 6.3 Retail 41,077 6.3 40,498 6.5 35,473 6.3 Transportation and concession 32,774 5.0 32,118 5.2 26,851 4.8 Services 40,023 6.1 36,329 5.8 30,891 5.5 Wholesale 20,308 3.1 19,897 3.2 14,755 2.6 Automotive 20,989 3.2 17,568 2.8 18,180 3.2 Food products 15,518 2.4 13,497 2.2 13,862 2.5 Other sectors 194,090 29.6 180,749 29.0 167,431 29.9 Individuals 239,214 36.5 233,079 37.4 200,198 35.8 Total 655,094 100.0 623,045 100.0 559,820 100.0

Changes in the Expanded Loan Portfolio by Rating

In the last 12 months, 97.0% of operations with new customers were classified in ratings AA to C, reflecting the quality of the new captures and adjustments in the loan granting and recovery processes.

New Customers between Total Credit on Remaining customers from April 2019 and Changes in Expanded Loan Portfolio by March 2020 March 2019 Rating between March 2019 and 2020 March 2020 R$ million % R$ million % R$ million % Rating AA - C 595,633 90.9 57,237 97.0 538,396 90.3 D 9,648 1.5 459 0.8 9,189 1.5 E - H 49,813 7.6 1,308 2.2 48,506 8.1 Total 655,094 100.0 59,003 100.0 596,091 100.0

Expanded Loan Portfolio by Rating and Customer Size (%)

The range represented by loans classified between AA-C remained at comfortable levels.

Mar20 Dec19 Mar19 Customer Profile By Rating By Rating By Rating AA-C D E-H AA-C D E-H AA-C D E-H Large Corporates 91.1 0.7 8.2 90.6 0.8 8.6 88.4 1.9 9.7 Micro, Small and Medium-Sized Enterprises 89.1 2.5 8.3 89.4 2.4 8.3 87.4 2.7 9.9 Individuals 91.6 1.9 6.5 91.9 1.8 6.3 91.4 1.8 6.8 Total 90.9 1.5 7.6 90.9 1.4 7.7 89.3 2.0 8.7

23

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([SDQGHG/RDQ3RUWIROLR 3RUWIROLRE\'HEWRUV )ORZRI0DWXULWLHV   The concentration of customers in the loan portfolio As one of its features, the loan portfolio by flow of remained at comfortable levels, even with the strong maturities of operations has a longer profile, mainly due growth of the portfolio demonstrating our diversification to the representativeness of real estate financing and of customers. payroll-deductible loans.         0DU 'HF 0DU

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With the aim of facilitating the monitoring of the quantitative and qualitative performance of our loan portfolio, a comparative summary of the main figures and indicators is presented below:

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(1) It does not consider debentures.

/RDQVYV)XQGLQJ In order to evaluate loan operations in relation to funding, The relation between loans and funding at the end of we deducted from the total customer funding the amount March 2020 reached 89.9%, and the increase of this committed to reserve requirements at Bacen, the amount margin in this quarter is influenced by the effect of the of funds available within the customer service network release of compulsory resources by Bacen, which by and we added the funds from domestic and foreign lines means of Circular No. 3,993/20 has reduced the rate of of credit that finance the demand for loans. We show low the compulsory collection on time deposits, from 25% to dependency on interbank deposits and foreign lines of 17%, as one of the measures of liquidity in combating the credit, given its capacity to obtain funding from customers crisis caused by the COVID-19. effectively. This is a result of significant capillarity, the broad diversity of products offered, and the market’s confidence in the Bradesco brand and the important presence in the customer’s sector.

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t considers: Demand Deposits, Miscellaneous Floating, Saving Deposits, Time Deposits, Debentures (with collateral of repo operations) and Funds from Financial Bills (considers Mortgage Bonds, Letters of Credit for Agribusiness, Financial Bills and Structured Operations Certificate). 25

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Below is an analysis of Grupo Bradesco Seguro’s Balance Sheet and Consolidated Statement of Income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n March 2020, the shareholders’ equity of Bradesco Seguros S.A., which controls the operational companies (insurance, pension plans and capitalization bonds), is R$19,070 million.

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(1) It includes reinsurance premiums. Note: For comparison purposes, the effects of non-recurring events are not considered.

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The fall of the consolidated net income in relation to the previous quarter and to the         1Q19 is largely justified by the market volatility, which impacted our financial results, especially in the variable income and multi-market positions. In addition, the result of our positions in securities pegged to the IPCA was impacted by the reduction of the indicator when compared to the previous periods. 4 4 4 4 4 4 4 4  In the 1Q20, the total revenues registered a growth of 5.0% compared to the 1Q19, (1) Retained Claims/Earned Premiums; (2) Selling Expenses/Earned Premiums; (3) influenced by the "Health" and "Life and Pension" products, which presented growths Administrative Expenses/Net Written Premiums; (4) (Retained Claims + Selling Expenses + Other Operating Income and Expenses)/Earned Premiums + of 8.5% and 4.3%, respectively. (Administrative Expenses + Taxes)/Net Written Premiums; and (5) Excludes additional provisions. We highlight below the performance of the companies of the Insurance Group: Note: For comparison purposes, the effects of non-recurring events are not

• Bradesco (Health): in comparison with the 1Q19, it presented a growth of 8.5% in considered. revenues, due the strategic actions that improved the level of retention of customers, &OLHQWV  DQG(PSOR\HHV  as well as the offer of new products and new types of contracts.   • Bradesco (Auto/P&C): the evolution in the processes of underwriting has contributed to the Company’s growth in the segments with higher operating income, which can be seen in the performance indicators. • Bradesco (Life and Pension Plans): in relation to the 1Q19, the revenues were driven   by the performance of “Life” segment, which grew 14.2%.  • Bradesco (Capitalization Bonds): compared to 1Q19, the reduction in net income is impacted by lower financial results. 0DU 'HF 0DU

We also highlight the advance of the commercialization of products through the 3ROLF\KROGHUV3HQVLRQ3ODQ3DUWLFLSDQWVDQG&DSLWDOL]DWLRQ digital channels, whose revenues in the 1Q20 surpassed R$225 million, totaling more %RQG&XVWRPHUV WKRXVDQGV 1XPEHURI(PSOR\HHV than 378 thousand of transactions, 40.2% growth in comparison to the same period in 2019. (1) It excludes overlap of customers.

27

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(1) It does not include technical provisions for the DPVAT segment.

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(1) Life/VGBL/PGBL/Traditional. Note: It considers the companies Bradesco Saúde and Mediservice. For comparison purposes, effects of non-recurring events are not considered. In the comparative to the 1Q19, net income is influenced by the increase in the claims ratio in the “Life” line, Net income, in comparison with the 1Q19, reduced expense ratio, decrease in financial results and by the 46.8%, which mainly reflects the increase in claims ratio, review of the management fees of some pension plans, by the greater number of business days, partially offset by due to the higher competitive market dynamics and the the revenues and financial results growth. new interest rate scenario, impacting our fees and Regarding 4Q19, the maintenance in revenues, the lower commission income, compensated by a 4.3% growth in insurance claims and sales expenses, as well as the higher revenues, with a 14.2% growth in the "Life" segment. financial results, were impacted by higher operating In the comparative to the 4Q19, the revenues did not expenses, which justify the variation of net income in this present the same performance as the previous quarter period. due to the higher volume of private pension The portfolio of policyholders, showed a slight increase in contributions, which are seasonal in the last quarter of the annual comparison. each year. 1XPEHURI%UDGHVFR6D~GHDQG The net income was impacted by declines in revenues, 0HGLVHUYLFH3ROLF\KROGHUV lower financial result, due to our positions in IPCA, given the reduction of the index in relation to the 4Q19 and the ,QWKRXVDQG 1Q19 and lower administration fees with the impact of the smallest amount of business days, offsetting the   improvement of the claims ratio, which contributed to the     maintenance of the expense ratio. 3DUWLFLSDQWVLQ/LIHDQG3HUVRQDO$FFLGHQWV

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29

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In the annual and quarter comparison, the net income decrease In comparison with the 1Q19, net income increase reflects the growth in revenues; the improvement in claims ratio due to the is due to the lower income (net of draws, redemptions and risk acceptance process, the automation of processes, the claims selling expenses) and the decrease in the financial income. adjustment and the reduction in the frequency of theft and We also highlight that we have maintained our leadership in this robbery; the expense ratio maintenance; and the higher market, with a Market Share of 27.2% (SUSEP – January 2020). financial income. In comparison with the 4Q19, the net income increase is mainly 1XPEHURI$FWLYH&DSLWDOL]DWLRQ%RQGV ,QWKRXVDQG related to the improvement of the operating income, influenced by the decrease in the claims and expense ratios.    1XPEHURI3ROLF\KROGHUV ,QWKRXVDQG                  

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'\QDPLFVRIWKH,QVXUDQFHEXVLQHVVLQYLHZRIWKHDGYHUVHHFRQRPLFVFHQDULR The Bradesco Seguros Group had an atypical quarter, due to factors that impacted the Brazilian and world economy. The main impact was on the financial result, reflecting the volatility observed in the variable income, in addition to the fall of the basic interest rate. From the second half of March, the economic scenario was strongly influenced by the news about the pandemic of the new coronavirus, in particular with the publication of the first cases registered in Brazil and the implementation of the first social distancing measures. Since the identification of the first cases, Bradesco Saúde made available to its beneficiaries a call center with a team of doctors and nurses, working 24 hours, seven days a week, to provide guidance and clarification of doubts exclusively for suspected cases of COVID-19. For the cases of health care in person, a support network was created, by means of Meu Doutor Novamed, clinics of the Meu Doutor program and referenced clinics. With the beginning of the social distancing measures, we observed a change in the mix of events in various different businesses.

In Health, there was a beginning of a reduction of elective procedures, yet it was possible to verify a gradual growth of emergency events and hospitalizations associated to the new coronavirus. It is worth mentioning that these elective procedures will be resumed later, as social isolation softens. Despite the low visibility of projections regarding the future behavior of these events, it is estimated that its effects will tend to worsen in the coming periods. In Auto insurance, the reduction of urban circulation pointed to a momentary decrease in the frequency of claims. The impacts on the sale of new vehicles have directed the commercial focus towards renewals. In addition, a series of measures have been taken, including simplification of processes and the spread payment of the policies. Now in the segment of Life Insurance, even though it is early to conclude anything, there is expectation of some worsening of non-indemnifiable events associated with the pandemic.

The emergency and assistance services in all lines are still in normal operation.

The Insurance Group is closely monitoring the situation and taking the necessary measures to cope with the demands which arise. Additionally, the dynamics of distribution channels is also undergoing adjustments due to the reduction of circulation. We have had success with the expansion of the digital services that have demonstrated effectiveness in serving our customers, business partners and distribution network.

30 ,QGHSHQGHQW &RPSOHWH (FRQRPLF ,QIRUPDo}HV$GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $XGLWRUV¶ )LQDQFLDO $QDO\VLV ,QIRUPDWLRQ$GLFLRQDLV 5HSRUW 6WDWHPHQWV )HHDQG&RPPLVVLRQ,QFRPH Below is the composition of fee and commission income in the respective periods:

9DULDWLRQ $VRI 4 4 4 4[ 4[ 4 5 PLOOLRQ 4 4 &DUG,QFRPH           &KHFNLQJ$FFRXQW           $VVHW0DQDJHPHQW           /RDQV2SHUDWLRQV           &ROOHFWLRQVDQG3D\PHQWV           &RQVRUWLXP0DQDJHPHQW           &XVWRG\DQG%URNHUDJH6HUYLFHV           8QGHUZ ULWLQJ)LQDQFLDO$GYLVRU\6HUYLFHV           2WKHU           7RWDO           %XVLQHVV'D\V             +LJKOLJKWV 1XPEHURI7UDQVDFWLRQV &UHGLW&DUGV ,QPLOOLRQ The performance of this quarter in relation to the 1Q19 was boosted by the   increase of the operational volume, due to the higher offer and placement of  products and services, which mainly benefited the consortium management, custody and brokerage services, in addition to the positive performance of the  income from the checking accounts. In comparison with the 4Q19, the decline is related to the seasonal effect of the previous quarter, mainly affecting the card 9ROXPH7UDGHG &UHGLW&DUGV income and loan operations. Furthermore, the lower activity of the capital market 5PLOOLRQ  affected the performance of the underwriting / financial advisory services.   Below are some highlights that influence the results from fee and commission income in the periods: o Checking Accounts – we highlight the growth in relation to the 1Q19 originated from the higher checking account holders’ base, with an increase of 1.9 million in the last 12 months, standing out the 4 4 4 continuous strengthening in the management of the portfolio of  services, being a continuous process of improvement and expansion of &KHFNLQJ$FFRXQW+ROGHUV the variety of products, which we seek to offer in an assertive way to ,QPLOOLRQ

customers, strengthening our relationship with them.         o Asset Management – the variation in comparison with the 4Q19 is related to the lower number of business days, and in comparison with the 1Q19, the decrease is justified by the actions to adapt the product 4 4 4 4 4 4 4 4 portfolio to customers, in line with market dynamics and interest rate  scenario. 1XPEHURI2XWVWDQGLQJ&RQVRUWLXP4XRWDV

,QWKRXVDQG      o Loans Operations – the drop in the quarter (1Q20 vs. 4Q19) is related          to lower commissions on guarantees given (guarantees and sureties),         as well as the largest volumes of loan origination performed in the   previous quarter, given the seasonal effect of the end of the year in addition to the higher number of business days.         o Collections and Payments – the variation of this line, in the periods, reflects the increase in the volume of documents processed, mainly those related to the collection of taxes and higher volumes of payment 4 4 4 4 4 4 4 4 processing coming from e-commerce. $XWR 5HDO(VWDWH 7UXFNV 

$VVHWVXQGHU&XVWRG\ o Consortium Management – the good results showed in this line are 5ELOOLRQ

originated from the various actions that aimed to optimize the result,       where we highlight, beyond the continuous review of the portfolio for   a more customized offer, for each segment, the increase of the digital features, which was acquired through the Bradesco App and Bradesco Internet Banking started in the 2Q19, reaching 9,488 new quotas, with 4 4 4 4 4 4 4 4 revenues of R$512 million. We also emphasize that Bradesco Consórcios continues leading in the segments in which it operates (real 3URFHVVHG'RFXPHQWV ,QPLOOLRQ &DVK0DQDJHPHQW6ROXWLRQV   estate, auto and trucks).        o Custody and Brokerage Services –the positive variation in relation to the periods was observed in the brokerage revenues, due to the higher

volumes traded, with emphasis on the performance obtained in 4 4 4 4 4 4 4 4 transactions carried out through the Ágora Corretora.  (1) It includes billing and collection services, payments, and others.

31

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3HUVRQQHO([SHQVHV– In relation to the 4Q19, a reduction of 2.7% is related to lower expenses with provision for labor claims and termination costs. In the annual comparison, the increase of 3.2% is related to higher expenses with payroll/social charges, in relation to the effects of the collective bargaining agreement, whose readjustment was 4.3%, which were partially offset by lower expenses with provision for labor claims. $GPLQLVWUDWLYH ([SHQVHV – In comparison with the 1Q19 the expenses grew only 1.0%, reflecting the actions of the Management to maintain a strong cost control and improving operational efficiency. The growth is related to higher expenditure on depreciation and amortization (+10.7%), due to the higher investments in technology, such as the acquisition of new equipment and the implementation of new systems, whose development is directly related to the growth in the volume of business. It is worth noting that the expenses presented growth below the accumulated inflation in 12 months (IGP-M 6.8% and IPCA 3.3%). The reduction of expenditure in comparison with the 4Q19 reflects lower spending in virtually all the lines, highlighting advertising and marketing, outsourced services and data processing. 2WKHU2SHUDWLQJ([SHQVHV1HWRI,QFRPH– The reduction of other operating income, net of income in the periods, is related to lower expenses with the constitution of operational provisions (both civil and tax) and a reduction in expenditure on claims, which offset the higher expenses with the marketing of cards in the periods, whose increase is related to higher expenses with points programs and higher costs arising from insurance activities.

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The reduction of our ratio of tier I capital in relation to the     previous quarter is influenced by the volatility of the market        we have had in this quarter, which impacted the mark to         market of securities available for sale, which reduced our      shareholders’ equity and by the increase of risk weighted        assets (RWA), which is related to the greater volume of tax  Tier I credits, as well as the effect of the operations with credit risk.  These impacts were partially offset by our internal        Tier II generation of capital (net income after JCP) and by the -XQH 6HSW 'HF 0DU -XQH 6HSW 'HF 0DU 7RWDO5DWLR 7LHU,, reduction of the prudential adjustments in the period. It is &RPPRQ(TXLW\ $GGLWLRQDO&DSLWDO noteworthy that, from April 1, 2020, the minimum required capital shall be 8.25% for tier I capital and 6.75% for the common equity, according to Resolution No. 4,783/20.

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(1) They refer to the required minimums, in accordance with Resolution No. 4,193/13, added to the additional capital contributions established by Circulars No. 3,768/15 and No. 3,769/15. It is noteworthy that, from April 1, 2020, the minimum required capital shall be 8.25% for tier I capital and 6.75% for the common equity, according to Resolution No. 4,783/20. 

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(1) In the last 12 months; (2) For comparison purposes, shares were adjusted in accordance with bonuses and stock splits of the period; (3) Excluding adjustments of Equity Evaluation recorded under Shareholders’ Equity; (4) Year-to-Date Recurring Net Income; (5) It excludes additional reserves; (6) ER calculation = (Personnel Expenses + Administrative Expenses + Other Operating Expenses, net of Income) / (Net Interest Income + Fee and commission income + Income from Insurance + Equity in the income of Affiliated Companies + Tax Expenses); and (7) Number of shares (excluding treasury shares) vs. the closing price for common and preferred shares on the period’s last trading day.

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(1) For more information, please check note 4 – Balance Sheet and Managerial Statement of Income, in the “Complete Financial Statements” chapter of this report; (2) It includes reclassifications in items from the statement of income which do not affect the Net Income, but allow a better analysis of business items, highlighting the hedge adjustment, which represents the partial result of derivatives used for hedge investments abroad, which in terms of Net Income, simply cancels the tax effect (IR/CS and PIS/COFINS) of this hedge strategy, in the amount of R$15,815 million in the 1Q20 and R$(1,523) million in the 4Q19; and in the 4Q19 includes the reallocation, in the amount of R$459 million on the Net Interest Income and ALL items, mainly related to the effects of the operation for the sale of financial assets (loan assignment); and the managerial reclassifications in items that compose the ALL, in the amount of R$866 million, due to the restructuring of operations of corporate customers which, for better effect of comparability, were allocated from the items of Granted Discounts/other and impairment of financial assets for ALL (gross). As of 1Q20, it includes new managerial reclassifications due to the implementation of Circular No. 3,959/19, which does not change the composition of the recurring statement of income; and (3) It refers to Managerial Statement of Income(1) with the reclassifications between items, which do not affect the Net Income, and without non-recurring events of the period.

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(1) For more information, please check note 4 – Balance Sheet and Managerial Statement of Income, in the “Complete Financial Statements” chapter of this report; (2) It includes reclassifications in items from the statement of income which do not affect the Net Income, but allow a better analysis of business items, highlighting the hedge adjustment, which represents the partial result of derivatives used for hedge investments abroad, which in terms of Net Income, simply cancels the tax effect (IR/CS and PIS/COFINS) of this hedge strategy, in the amount of R$15,815 million in the 1Q20 and R$240 million in the 1Q19. As of 1Q20, it includes new managerial reclassifications due to the implementation of Circular No. 3,959/19, which does not change the composition of the recurring statement of income; and (3) It refers to Managerial Statement of Income(1) with the reclassifications between items, which do not affect the Net Income, and without non-recurring events of the period.

36 ,QGHSHQGHQW &RPSOHWH (FRQRPLF ,QIRUPDo}HV$GGLWLRQDO 3UHVV5HOHDVH3U )LQDQFLDO $GLFLRQDLV $XGLWRUV¶ )LQDQFLDO $QDO\VLV ,QIRUPDWLRQ 5HSRUW 6WDWHPHQWV %DODQFH6KHHW  ±&RQVROLGDWHG In order to gradually reduce the asymmetry of the disclosure of financial statements between the accounting standard set forth in COSIF in connection with international standards (IFRS), the Central Bank, through CMN Resolution No. 4,720/19, regulated new procedures for preparation and disclosure of financial statements and through Circular No. 3,959/19 established the guidelines that will be applied from January 1, 2020. Among the main changes implemented were those listed below: The new structure and Balance Sheet accounts that are presented in order of liquidity and collectability.

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(1) Reference Date: January 2020; (2) Reference Date: February 2020; (3) Projected market; and N/A – Not available.

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(1) In April 2020, there was a review from the perspective of the ratings on a global scale of Bradesco from positive to stable, following the same review from the perspective on the rating of Brazil (sovereign). On the same occasion, the ratings of global scale were reaffirmed.

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We control corporate risk management in an Integrated Risk Management and Capital Allocation integrated and independent manner, preserving and Committee, which aims to advise the Board of valuing the Board’s decisions, developing and Directors on the fulfillment of its duties, related to implementing methodologies, models and the management policy and to the risk exposure measurement and control tools. We also provide the limits policy, and assure within our scope the dissemination of the risk culture to all the employees fulfillment of the processes, policies, related rules, at every level of the Organization, from business and regulations and laws applicable to our areas to the Board of Directors. Organization; and the Risk Committee, whose main purpose is to assess the structure of our risk Our risk and capital management structures have management and occasionally propose policies, standards and procedures, ensuring that improvements. Both advise the Board of Directors our Organization maintains control that is on the performance of its duties in management and compatible with the nature of its operations and the control of risks, capital, internal controls and complexity of its products and services, activities, compliance. processes, and systems, as well as the extent of its exposure to risk. They also comprise various Detailed information regarding risk management committees, commissions and departments that process, regulatory capital as well as our risk support the Board of Directors, the Chief Executive exposures, can be found in the Risk Management Officer, the Chief Risk Officer and the Board of Report – Pillar 3, available on the Investor Relations Executive Officers of the Organization in decision- website (bradescori.com.br – Notice to the Market – making. The most notable amongst these are: the Risk Management).



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We have a department responsible for Capital The process of developing this capital plan considers Management, subordinated to the Controllership threats and opportunities, market share and Department, which acts jointly with the Integrated development goals, requirement projections based Risk Control Department, associated companies, on risks, as well as capital held by our Organization. business areas and supporting areas. These projections are established for a minimal period of three years and are constantly monitored Additionally, this governance comprises and controlled by the Capital Management area. Commissions, Executive Committees and Non- Statutory Committees who assist the Board of We have a recovery plan that contains actions of Directors and the Board of Executive Officers in the capital and liquidity in compliance with Resolution decision-making process. No. 4,502/16. The Capital Management structure, through Information on capital adequacy and sufficiency and adequate capital sufficiency planning, aims to the instruments mentioned represent fundamental provide conditions for capital monitoring and tools in the management and support of the control, contributing to the achievement of goals set decision-making process. in the strategic objectives that we have defined. Additional information on the Capital Management With the implementation of the Capital structure is available in the Risk Management Report Management structure, an internal assessment – Pillar 3, and in the Integrated Report and Recovery system was established for capital adequacy (ICAAP), Plan (No. 4,502/16), available on the Investor containing the capital plan, which is used to assess Relations website at bradescori.com.br. its sufficiency, considering the base and stress scenarios in a prospective vision to identify actions of capital and liquidity to be adopted for the respective scenarios.

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For companies regulated by SUSEP, the CNSP The capital adjustment and management process is Resolution No. 321/15, amended by CNSP continuously monitored and aims to ensure that Resolutions No. 360/17, and No. 368/18, sets out Grupo Bradesco Seguros keeps a solid capital base to that corporations should have an adjusted support the development of activities and cope with shareholders’ equity (ASE) equal to or higher than the risks in any market situation, in compliance with the minimum capital required (MCR). MCR is regulatory requirements and/or Corporate equivalent to the base capital or the risk capital, Governance principles. whichever is higher. According to CNSP Resolution Companies must permanently maintain capital No. 343/16, the ASE is valued economically, and compatible with the risks for their activities and should be calculated based on book shareholders’ operations, according to the characteristics of each equity or net assets, considering the accounting company belonging to Grupo Bradesco Seguros, adjustments and adjustments associated with represented by adequate capital levels. Grupo changes in economic values. For companies Bradesco Seguros permanently observes the limits regulated by the ANS, Normative Resolution No. required by the respective regulatory entities. The 209/09, amended by Normative Resolution No. Minimum Capital Required in February 2020 373/15, establishes that corporations should have amounted to R$12 billion. adjusted shareholders’ equity (ASE) equal to or higher than the Solvency Margin (SM).

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The table below shows the historical composition of the Regulatory Capital, of the Risk Weighted Assets and of the Basel Ratio.

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(1) It includes subordinated perpetual debts issued in the 4Q18, in the amount of R$4.2 billion, that were approved and authorized by Central Bank.

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Our Management comprises the Board of Directors, which The Fiscal Council, a permanent supervisory body, is composed of ten directors – two of which are comprises five effective members and their respective independent – and its Board of Executive Officers, with no alternates. The preferred shareholders and non- fulfillment of the posts of Chairman of the Board of controlling shareholders holders of common shares are Directors and Chief Executive Officer, according to responsible for choosing two effective members and their statutory provision. respective alternates. Besides the Fiscal Council and the Seven Committees advise the Board, which are statutory: Audit Committee, we are submitted to Internal Audit (i) Audit; and (ii) Remuneration; and non-statutory: (iii) which reports to the Board of Directors. Integrity and Ethical Conduct; (iv) Risks; (v) Integrated Risk Bradesco is listed in Tier 1 of Corporate Governance of B3. Management and Capital Allocation – COGIRAC; (vi) Further information is available on Bradesco’s Investor Sustainability and Diversity; and (vii) Succession and Relations website (bradescori.com.br – Corporate Appointment. Various executive committees assist the Governance Section). activities of the Board of Executive Officers, all regulated  by their own charters.

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&RPSOLDQFH(WKLFVDQG,QWHJULW\ The Compliance, Ethics and Integrity Programs include our Conduct, and/or operations and situations with indications managers, employees, interns, apprentices, suppliers, of links to illegal activities, aimed at the adoption of business partners and correspondents in Brazil, appropriate measures and actions. subsidiaries and companies that are part of our These control mechanisms are objects of evaluation and Organization and guide their daily interactions and improvement in accordance with current and applicable decisions, eliciting our standards of conduct and ethics laws and regulations, as well as with the best market principles. practices, and are supported by Committees subordinated These principles are supported by codes, policies, to the Board of Directors, such as Integrity and Ethical standards, procedures, training programs for Conduct, Integrated Risk Management and Capital professionals and controls, and seek to promptly detect Allocation. any actions considered as violations of the Code of Ethical

,QYHVWRU5HODWLRQVDUHD±,5 The market relations area is responsible for disseminating from the Organization’s Executives, company the information regarding the financial economic presentations, calendar of events, regulatory forms, performance of the Organization, as well as its governance among other corporate information are available on the IR structure, policies and practices. All this information is website. available on the website banco.bradesco/ri, among them, the Economic and Financial Analysis Report which Additionally, the Market Relations area maintains a provides an accurate analysis about the corporate constant dialog with the market: in the first quarter of accounting and Bradesco’s Integrated Report, which 2020, we interacted with 362 national and international shows a more comprehensive view of the Organization as investors, through conferences in Brazil and/or abroad, well as its strategies, highlights of the year and other meetings, conference calls and institutional presentations. relevant information. In the same period, we released the 2019 Integrated Report, in which we compiled institutional and In order to increase stakeholders’ knowledge related to sustainability information in a single publication. the Bank’s information, institutional videos with messages



6RFLDO$FWLRQV &29,'SDQGHPLF The Organization is contributing actively to overcome actions taken to combat the pandemic. For more this pandemic, taking care of employees and customers information on our actions related to the coronavirus, as well as intensifying the commitment with society. In please visit: www.bradesco.com.br/coronavirus. the first chapter of this report, we present a series of  )XQGDomR%UDGHVFR With a broad social and educational program in place for numbering over 42 thousand, also will receive uniforms, 63 years, Fundação Bradesco operates 40 own schools school supplies, meals, medical and dental assistance. across Brazil. In 2020, a budget preview of R$794 million With regard to the distance learning system (EaD), the will benefit an estimated 84,588 students in their forecast is to benefit 3,500,000 students through the e- Schools, in Basic Education (from Kindergarten to learning portal “Escola Virtual” (Virtual School). These Secondary Education and Vocational and Technical students will conclude at least one of the various courses Education at Secondary Level), Education for Young offered in the program, and another 12,447 students will People and Adults and in the Initial and Continuing be benefited from projects and initiatives carried out in Training focused on employment and income generation. partnership with the Educa+Ação, and from courses and In addition to a guaranteed free and quality education, educational and information technology lectures. the students enrolled in the Basic Education system, 

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Sustainability is among the strategic drivers of the based on their needs and goals, so as to contribute with Organization. The management of environmental, social their achievements.; Diversity: Bradesco seeks to welcome and governance (“ESG” or “ASG”, in the acronym in and promote diversity among its employees and Portuguese) issues is fundamental to our survival and customers. The goal is to attract and retain talents, expand growth in a context that is increasingly dynamic and the access to career opportunities and adequately serve an challenging. As we seek to generate shared and long-term increasing range of customer profiles; Innovation: Through value for investors, employees, suppliers, customers and guiding our strength of innovation – already present in the the society, we also contribute to the sustainable DNA and in the practices of Bradesco – toward development of the country. sustainability, we have the potential to bring about positive Our commitment to sustainability is also reinforced in the changes in the business of Bradesco and in the relationship establishment of dialogs with various stakeholders and with customers; and Private Social Investment: As one of through adherence to incorporate initiatives and voluntary the largest private donors in Brazil, we seek to maximize the commitments, such as: Global Compact Initiatives, Goals of management of outcomes and impacts of Bradesco's social Sustainable Development (ODS), Equator Principles, investment in the country. Principles for Responsible Investment (PRI), Principles for The main decisions and monitoring of the sustainability Sustainable Insurance (PSI), Principles for Banking strategy are conducted by the Sustainability and Diversity Responsibility (PRB), Businesses for the Climate (EPC), Committee which meets quarterly and has members of the Women’s Empowerment Principles (WEPs), Task force on Board of Directors and of the Board of Executive Officers, Climate-related Financial Disclosures (TCFD), among including the Chief Executive Officer. The Committee’s others. decisions are advised by the Sustainability Committee, an Considering the main challenges and trends of the Executive body composed by officers and managers from sustainability agenda, in 2019, we reviewed our several areas, that guarantee the integrated application of sustainability strategy and structured 6 pillars with the goal the thematic to the businesses and operations, help on the to continue leveraging the theme in the Organization and execution of plans and do the project monitoring. anticipating future challenges: S ustainable Business: The We closed 2019 with advances in performance in goal is to expand the supply of products and services that environmental, social and governance (ASG) issues, being promote a more inclusive society and support customers in recognized by specialized indexes of stock exchanges and the transition to a more sustainable economy; C limate ASG rating agencies. For the 14th time, we are present in Change: To ensure that our businesses are prepared for the the Dow Jones Sustainability Indices (DJSI), in the World and challenges of climate change, we seek a continuous Emerging Markets portfolios, performing above the world improvement in business management and strategic average. We are the Brazilian private bank with the best reviews, in addition to greater transparency in relation to performance in 2019. Further information is available on the climatic impacts on the Organization; C ustomer Bradesco’s Investor Relations website (bradescori.com.br – Relationships: We aim to serve the customer with Integrated Report). excellence, constantly improving the way we serve them,

1HZFRPPLWPHQWVLQWKHIDFHRIFOLPDWHFKDQJH We have made a commitment that, from the end of 2020, committed to neutralizing 100% greenhouse gas emissions 100% of Bradesco’s operations will be supplied with (carbon equivalent), beginning in 2019. This made Bradesco electricity from renewable sources. The initiative will make the first major Brazilian bank to achieve this level of carbon Bradesco one of the first financial institutions in the world offsets. to complete the energy transition. In addition, we are

,QWHUQDWLRQDOUHFRJQLWLRQ Bradesco was classified, for the second consecutive year, sustainability according to the analysis of S&P Global – in the Silver category of "The Sustainability Yearbook responsible for the ESG analysis that determines the 2020". This indicates that we are in the group of 5% of the companies that will comprise the Dow Jones financial institutions with the best performance in Sustainability Indices of the New York Stock Exchange.



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To Shareholders and the Board of Directors of Banco Bradesco S.A. Osasco – SP

We were engaged by Banco Bradesco S.A. ("Bradesco") to report on the consolidated supplementary accounting information of Banco Bradesco S.A. as of March 31, 2020 and for the three month period then ended, in the form of a limited assurance conclusion if, based on our engagement performed, described in this report, nothing has come to our attention that causes us to believe that the supplementary accounting information included within the Economic and Financial Analysis Report are not presented, in all material respects, based on the information referred to in the “Criteria for preparing the supplementary accounting information” paragraph.

Responsibilities of the Management of Bradesco

Management of Bradesco is responsible for preparing and adequately presenting the consolidated supplementary accounting information included within the Economic and Financial Analysis Report based on the criteria for the preparation of the supplementary accounting information described below, and for other information contained within this report, as well as the design, implementation and maintenance of internal controls that management determined as necessary to allow for such information that is free from material misstatement, whether due to fraud or error.

Independent Auditor´s Responsibility

Our responsibility is to review the supplementary accounting information included within the Economic and Financial Analysis Report prepared by Bradesco and to report thereon in the form of a limited assurance conclusion based on the evidence obtained. We conducted our engagement in accordance with the NBC TO 3000 - Assurance Engagement Other than Audit and Review (ISAE 3000). That standard requires that we comply with ethical requirements, including independence requirements, and plan and perform our procedures to obtain a meaningful level of limited assurance about whether we did not become aware of any fact that could lead us to believe that the supplementary accounting information included within the Economic and Financial Analysis Report are not presented, in all material respects, to the information referred to in the “Criteria for preparing the supplementary accounting information” paragraph.

The procedures selected were based on our understanding of the consolidated supplementary accounting information included within the Economic and Financial Analysis Report, as well as other circumstances of our work and our consideration of other areas that may contain material misstatements, regardless of whether they are caused by fraud or error. However, such procedures do not include investigation or detection of fraud or error.

In Limited assurance is less than absolute assurance and reasonable assurance. Procedures to gather information to a limited assurance engagement are more limited than to a reasonable assurance engagement and, therefore, we obtain less assurance than a reasonable assurance engagement; consequentely, we do not express neither an audit opinion nor a reasonable assurance over the supplementary accounting information included within the Economic and Financial Analysis Report.

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Our conclusion does not contemplate aspects related to any prospective information contained within the Economic and Financial Analysis Report, nor offers any guarantee if the assumptions used by Management to provide a reasonable basis for the projections presented. Therefore, our report does not offer any type of assurance on the scope of future information (such as goals, expectations and ambitions) and descriptive information that is subject to subjective assessment.

Criteria for preparing the consolidated supplementary accounting information

The consolidated supplementary accounting information disclosed within the Economic and Financial Analysis Report, as of March 31, 2020 and for the three month period then ended has been prepared by the Management of Bradesco, based on the information contained in the March 31, 2020 intermediate consolidated financial statements and the accounting information adjusted to the criteria described in Note 4 of such intermediate consolidated financial statements, in order to facilitate additional analysis, without, however, being part of the intermediate consolidated financial statements disclosed on this date.

Conclusion

Our conclusion has been formed on the basis of, and is limited to the matters outlined in this report.

Based on the procedures performed we did not become aware of any fact that lead us to believe that the consolidated supplementary accounting information included within the Economic and Financial Analysis Report are not presented, in all material respects, in accordance with the information referred to in the “Criteria for preparing the supplementary accounting information” paragraph.

Osasco, April 29, 2020

KPMG Auditores Independentes CRC SP-028567/F

Original report in Portuguese signed by

André Dala Pola Accountant CRC 1SP214007/O-2

51

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%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  Dear shareholders, We hereby present the Consolidated Financial Statements of Banco Bradesco S.A. related to the period ended on March 31, 2020, prepared in accordance with the accounting practices used in Brazil and applicable to institutions authorized to operate by the Central Bank of Brazil.

1. Economic comment Currently, we are experiencing a period of great challenges and uncertainties arising from the COVID- 19 pandemic. It is, according to the World Health Organization (WHO), the largest global pandemic of our time. We are going through an unprecedented moment, a unique situation, in which the flow of new information is intense, and can change the reading of the scenario. The crisis did not originate in the financial system or was related to external geopolitical threats. It is an event that affects the lives of people in general, as well as the routine of companies and the financial market. In Brazil, we have a solid, robust financial system, which has contributed with various measures to mitigate and overcome the crisis. The scenario that is emerging for the Brazilian economy is very different to the one predicted at the beginning of the year. Even though the Country has advanced structurally, it is not immune to a crisis of this magnitude. It is important that we move forward to minimize the loss of human lives, firstly, and economic losses, with joint actions of the whole of society, workers, entrepreneurs, private sector and government, of which the responses, so far, have been appropriate. Our structural vision in relation to the Country has not changed. We continue seeing opportunities in broader horizons. The dimension of what needs to be done regarding the crisis is still uncertain and, therefore, it is necessary to monitor the evolution of the cases and measures proposed by the government and private sector, to estimate the consequences of the pandemic. It is essential that, once the crisis is over, we resume the reformist agenda and the control of public spending, so that the potential for economic growth is higher, in a sustainable way, with inflation and low interest rates. Governments and central banks around the world have responded to the crisis on a large scale. Even so, in 2020 the global GDP should record a recession not seen since the 1930s. All forecasting exercises, however, contain a high degree of uncertainty at the present moment. We do not know, yet, what will be the horizon of reopening of the economies, whether there will be a quick resumption and if the habits of economic agents will have changed. Whatever happens, we are confident that this period will be overcome with the cooperation and efforts of all.

2. Highlights for the period x In February, we announced that until the end of 2020 our operations will be 100% supplied by renewable resources and that 100% of carbon emissions generated by operating activities will be neutralized. With this, Bradesco will become one of the first major banks in the world to achieve its energy transition and the first financial institution in Brazil to achieve such a level of carbon neutrality. x In the period, due to the COVID-19 pandemic, we highlight that, in partnership with Itaú and Santander banks, among other actions carried out, we acquired and donated 5 million rapid tests, 30 CTS, 30 PCR machines for diagnosis and the confection of 15 million cloth masks, everything to meet directly the needs of the Ministry of Health and the State Health Departments.

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  3. Quarter Results We recorded, in the first quarter of 2020, a book net income of R$3.4 billion, equivalent to R$0.42 per common share and R$0.46 per preferred share, with an annualized return on average equity of 10.5%. The annualized return on average total assets was 1.0%. To the shareholders, in terms of Interest on Shareholders’ Equity, we allocated R$1.2 billion, in gross values, in the period from January to March 2020, of which R$436 million were paid monthly and R$754 million were provisioned. Furthermore, on February 28, 2020, R$490.9 million were paid in supplementary dividends related to the period of 2019, of which R$0.058213963 per common share and R$0.064035359 per preferred share, without incidence of Income Tax. It is worth highlighting that the quarter results were impacted by higher expenses with ALL, a reflection reinforcement of the provision in the amount of R$2.7 billion, consequence of the adverse economic scenario that may result in an increase in the level of defaults, reflecting the bankruptcy of companies, an increase in the unemployment rate, as well as the degradation of the value of guarantees. This amount added to the pre- existing portion of R$2.4 billion, reserved for possible losses in an adverse economic scenario, totaling a provision of R$5.1 billion. Of the R$5.1 billion in provision, R$4.9 billion is initially allocated as a supplementary provision and R$200 million as a required provision. It is important to mention that our activities are in full operational capability. Since the beginning of the pandemic, our actions have taken into account the guidelines of the Ministry of Health. We have established a crisis committee formed by the Chief Executive Officer, all Vice-Presidents and the Chief Risk Officer (CRO), which meets daily and reports periodically, to the Board of Directors, evaluations on the evolution of Covid-19 and its effects on operations. In addition, we have a Risk Committee, which plays an important role in verifying the various points and scope of these actions in the Organization. We launched the Business Continuity Plan (PCN), and since the second half of March 2020, we have intensified internal and external actions, in a consistent and timely manner, with the aim of minimizing the impacts involved. The taxes and contributions, accrued in the first three months of the year, including pensions, paid or provisioned, amounted to R$5.9 billion, of which 43.4% is related to taxes withheld and collected from third parties, and 56.6% calculated based on the activities developed by the Bradesco Organization. Capital and reserves On March 31, 2020, we highlight: R$79.1 billion totaled the paid Capital Stock; R$50.6 billion totaled the Equity Reserves; and R$130.3 billion was the Shareholders’ Equity with a reduction of 3.1% in comparison to December 2019, caused by the volatility of the market, which impacted the adjustment of equity valuation, representing 9.1% of Total Assets. The book value per share was of R$14.74. The Share Capital informed already includes an increase of R$4.0 billion with a 10% bonus in shares, through the capitalization of part of the balance of the account “Profit Reserves - Statutory Reserve”, deliberated in the Special Shareholders’ Meeting, held on March 10, 2020 and homologated by the Central Bank of Brazil on March 30, 2020. The fair value of Bradesco reached R$158.9 billion, which is equivalent to 1.2 times the Shareholders’ Equity. The calculation is made based on the listing of shares on stock exchanges. The Basel Ratio reached 13.9%, which is higher than the minimum of 11.5% regulated by Resolution No. 4,193/13, of the National Monetary Council, according to the Basel Committee. Regarding the Regulatory Capital, the fixed asset ratio reached 35.5%, falling under the maximum limit of 50.0% stipulated by the Central Bank of Brazil.

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R$ million Mar20

Statement of Financial Position - Selected Data Securities 582,462 Available-for-Sale 2264,28264,282 Trading 22221,0851,085 Held-to-maturity (1) 97,09597,095 Expanded Loans Portfolio (2) 655,094 Total Assets under Management 2,203,098 Funds Raised 9915,46715,467 Assets under Management 11,,28287,6317,631 Total Deposits 401,915 Time Deposits 2251,48451,484 Savings Deposits 11113,1063,106 Demand Deposits 336,7286,728 Interbank Deposits 59 5977 Technical Provisions for Insurance, Pension Plans and Capitalization 272,257 Bonds Subordinated Debt 52,234 Brazil 38,084 Overseas 14,15014,150 Funds from Issuance of Securities 172,540 Brazil 15159,2439,243 Overseas 13,29713,297 Tax Payments and Collection and Related Charges 2,980 Working Capital 102,223 Borrowings and Onlendings 57,268 Brazil 221,9921,992 Overseas 35,27635,276 Exchange Portfolio 37,930 Securities sold under agreements to repurchase 188,284 Loan Portfolio Quality (Bacen) - % Delinquency Ratio (> 90 days (3) / Loan Portfolio) - % 33.7.7

(1) As provided for by Article 8 of the Circular Letter No. 3,068/01 of the Central Bank of Brazil, we declare that is has the financial capacity and the intention of holding to maturity the securities classified under "held to maturity securities"; (2) Besides the loan portfolio – Central Bank of Brazil (Bacen) concept includes sureties, guarantees, letters of credit, advances on credit card receivables, debentures, promissory notes, co-obligations in real estate receivable certificates and rural credit, rural product notes (CPR), certificates of real estate receivables (CRI), certificate of agribusiness credit rights (CDCA), and receivables- backed investment funds (FIDC); and (3) Overdue loans.

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  4. Clients The client is the reason for our existence. We constantly reinforce our positioning so that all who work here know how to act in their relationship with clients. We have 77 years of existence and we have improved to better serve and interact with people. We provide services according to the needs and preferences of each one, identifying their moment of life and understanding their plans and goals to facilitate and take part in their achievements. We can serve all profiles of clients with the same level of excellence to meet the highest number of people, thereby fulfilling our goals of access democratization to banking products and services, encouraging financial inclusion, social mobility and entrepreneurship. Having the scale and diversification as differentials in our business model, these values extend to non-account holders, because we recognize their importance and their potential to expand our business. In the period, our base was composed of 70.0 million clients. And, to ensure a journey of quality, we segmented the structure, both for individuals and companies.

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5. Service Structure We are the only Bank present throughout Brazil and we also operate in strategic locations abroad. With a wide Service Network and constantly updated, we provide a modern structure, offering practical services in all segments we operate. At the end of the quarter, our Network comprised of 81,064 points, distributed according to the following:

Mar20 Structural Information - Units Customer Service Points8 1,064 - Branches4 4,400,400 - PAs 4,0254,025 - PAEs 897 - Banco24Horas Network14 14,263,263 - Bradesco Expresso (Correspondent Banks)4 40,4830,483 - Bradesco Financiamentos (Correspondent Banks)16 16,924,924 - Losango58 - Branches, Subsidiaries and Representative Office Abroad1 144 ATMs 56,634 - Onsite Network - Bradesco33,326 - Banco24Horas Network23,308

%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  Digital Channels We offer various products and services in any place and time through Digital Channels – Internet Banking, mobile app, ATM, Social Networks and Fone Fácil, aiming at the convenience, practicality and security for clients. Currently, these medias represent 96% of all transactions carried out in Bradesco, highlighting online and mobile services, which represent 87%. Digital Platforms We have, up until now, eight large Digital Platforms serving clients of the Exclusive and Prime sectors, invited or that have requested migration for the units because of their relationship profile. Currently, we supply 317,308 thousand clients with 206,661 thousand clients in the Exclusive and 110,647 thousand clients in the Prime. We also have the Digital Branch Bradesco Private Bank, with 3,485 thousand clients in this segment. Accessibility We were pioneers in 1998 in offering several accessibility solutions, products and services that guarantee more autonomy and independence to the clients with hearing, physical, intellectual and visual impairments. We are vigilant in the mission of access and inclusion democratization, developing and using means to bring practicality and financial independence to this important target audience. As a highlight, we have the Bradesco Digital Libras, which provides quality and assertive services to the public with hearing disabilities, expanding their relationship with us. The employees provide the initial services and connect the clients to the digital interpreter. We also have the Mouse Virtual, Virtual Vision, Tutoring in Brazilian Sign Language (Libras), Braille Kit, Enlarged Font, Bank’s WebLibras Home Page and we also innovated by providing withdrawal in Libras assisted by the Iris – Digital Brazilian Sign Language Interpreter of Bradesco, among others. International Area We maintained the leading position in the exports, imports and foreign trade ranking (FT), occupying a prominent position in Trade Finance. We act in the main regions of Brazil through 12 specialized operational units and 18 service points located in the Corporate segment. Abroad, we count on 3 Branches, 9 Subsidiaries and 2 Representative Offices, in addition to an extensive corresponding bank network.

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  next, our digital bank next is a complete and 100% digital bank, which started with the mission of transforming the relationship between the bank and the hyper-connected public, complementing the ecosystem of solutions of the Bradesco Organization. It functions based on the concepts of user experience, intelligent journeys and predictive algorithms to offer the best features, anticipate actions and suggest the most suitable solutions for cash management that will work best for each clients, providing them with total freedom to manage their money. To provide innovative and integrated solutions to the purposes of the clients, it relies on a sophisticated platform and differentials, such as account and credit card without fees, unlimited withdrawals in ATMs of Bradesco and Banco24horas Network, free of charge transfers between banks – DOC (Credit Transfer Document) and TED (Express Wire Transfer) – investment funds, CDB, installment loan and insurance. It is also a major hub of connection between financial and non-financial services, with a broad network of partners that offer discounts, special offers and advantages in transport, restaurants applications and many others. 125 million processed transactions in the first quarter. Exceeded 2.3 million accounts and more than 500 thousand accounts were opened in the quarter.

6. Main products and services Insurance and others Grupo Bradesco Seguros, leader in the Brazilian and Latin America market, contributes consistently to the consolidated results of the Organization and represents us in offering multiple products for personal, family and business protection in various segments, such as Auto Insurance, Life, Health Plan, Dental, Capitalization Bonds, Private Pension Plans and Property and Casualty Insurances, which includes Home and Property Insurance for individuals and companies. Also, by means of the association between Bradesco Seguros and Swiss Re Corporate Solutions Brasil Seguros S.A., we maintain our presence in the insurance segment of large risks, P&C – Property and Casualty and of transport, aimed at medium- and large-sized corporate clients of the most diverse segments. A modern structure is available to more than 28.6 million policyholders and clients, formed by web and mobile channels, call centers, own dependencies with business teams, Bradesco Branches and an active brokers network, ensuring presence in all regions of the Country. On March 31, 2020, it recorded: R$1.2 billion in Net Income; R$35.9 billion in Shareholders’ Equity; and R$19.0 billion in net insurance premiums issued, pension contributions and income from capitalization. Cards We have the most complete means of payment solutions line of the Country and work with the main cards, like Elo, Visa, Mastercard and American Express, and we also offer Private Label cards in partnership with important companies. Bradescard México, our subsidiary abroad is one of the main financial institutions serving the needs of the Mexican market, as one of the largest issuers of loan with exclusivity in chains of stores, leaders in the local market, like the chain of C&A stores. Also in payment systems, we are well positioned with relevant market participations such as Cielo and, through Elopar, an investment holding company which investments include Alelo (benefit, pre-paid cards and

%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  money card), Livelo (coalition loyalty program), as well as participations in Elo Serviços (brand) and Banco CBSS (credit card issuance and other financial products) and Veloe (mobility and tolls company). R$53.8 billion in card transactions in the period. R$1.8 billion in Fee and Commission Income. Loan Operations

In the crisis arising from the COVID-19 pandemic, we are in full operational capability, with appropriate teams ready to meet the needs of clients. In relation to credit, in addition to the various options normally available, we evidenced some that support people and companies at this time: Individuals: renegotiation of 60 days at the same rate of interest for contracts; and operations for renegotiation with a longer grace period; Small- and medium-sized enterprises: emergency fund for Financing of Payrolls with differentiated interest, up to 36 months to pay and with a 6 months grace period; and renegotiation of 60 days at the same rate of interest for contracts; and Large corporates: working capital to support the immediate need of cash; and payment extension of loan installments. We continue with the expansion of the loan portfolio, focused on improving the experience and meeting the real needs of clients. Our capillarity allows us to offer loans or direct financing or in strategic partnerships with the various business chains. We expanded and diversified offers in the distribution channels, especially in the digital media, supplemented by the Branch Network and Banking Correspondents. The policy we have guides management's actions and is constantly updated and consistent with the economic reality. We highlighted some of the lines: x Agribusiness: we are featured among the biggest financiers in the niche, with offers and solutions for the development of production, keeping in accordance with the main manufacturers of agricultural tools of the Country. x Onlendings: leader in BNDES – Banco Nacional de Desenvolvimento Econômico e Social (National Bank for Social and Economic Development) onlendings. x Real Estate Financing: one of the most important in this market, we maintain the commitment in meeting the demands of the sector, financing both the construction industry and the acquisition of real estate by the final borrowers. x For companies: working capital items, advances on receivables and financing of goods focused on small- and medium-sized enterprises. With Bradesco Corporate, leader in assets of the Brazilian market for large- and medium-sized enterprises, we offer complete solutions for different needs and business sectors. Balance of the main portfolios in the period: R$655.1 billion on loan operations, in the expanded concept, which includes Sureties, Guarantees, Letters of Credit, Anticipation of Credit Card Receivables, Debentures, Promissory Notes, Co-Obligations in Real Estate Receivable Certificates and Rural Credit; R$40.3 billion was the consolidated balance of the allowance for loan losses, considering a complementary provision of R$9.3 billion, constituted considering our provisioning model, which is based on statistical models that capture historical and forward-looking information, and management's experience in order to reflect our expectation of losses in different economic scenarios (positive, expected and adverse); R$163.9 billion in operations intended to consumer financing – that comprises almost 70% of loan operations to individuals –, which includes the amount of R$65.3 billion in Payroll-Deductible Loans with 9.4 million active contracts;

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  R$62.0 billion was the balance in the Real Estate Financing portfolio, whereby R$46.2 billion was intended for individuals and R$15.8 billion for companies, totaling 315,353 units financed; R$15.4 billion in applications on agribusiness; and R$22.2 billion amounted to the balance of onlending portfolios, with 138,665 agreements. Consortia To account holders as well as to non-account holders, we offer a complete product and service portfolio, through Bradesco Consórcios (consortia), with an integrated platform for the marketing of solutions in synergy with the Branches and Digital Platforms, ensuring our market leadership on the three segments we operate in: Auto, Truck and Real Estate sectors. R$5.3 billion in revenues in the first three months of the year, totaling R$79.9 billion accrued until March 2020. R$490 million in Fee and Commission Income. 1.585 million of active quotas, totaling 125.9 thousand new quotas sold. Investment Bank

Through Banco Bradesco BBI, which operates as the Investment Bank of the Organization, we advised clients in primary and secondary issuing of shares, merger transactions, purchase and sale of assets, structuring and distributing debt instruments, structured corporate finance operations and projects under the modality of Project Finance. With a highly qualified research team, the Global Markets area, responsible for the securities and for the institutional client relationship covers varied sectors and publicly-held companies in São Paulo, Buenos Aires, Mexico, New York, London and Hong Kong. R$25.6 billion was the amount recorded for 46 investment banking transactions. Asset Management – Management of Resources Through BRAM – Bradesco Asset Management, one of the market leaders, we offer complete solutions in asset management and investments portfolios for all the client profiles that we serve. It acts in multiple segments, including many from Banco Bradesco, in addition to Institutional Investors in Brazil and Abroad, and various Family Offices, ensuring excellence in service quality. R$576.2 billion in investment funds and managed portfolios under its management accrued in the first quarter. Complete Investment Platform Our Complete Investment Platform has its values supported by 3 pillars: x Specialized consultancy, whose role is to generate value to the client through a complete offer of products and investment solutions, to meet the needs of our investor clients, account holders and non-account holders, according to their age, equity and profile, through different service channels; x Product portfolio and recommended portfolios in an open platform that allows access to any product of the market regardless of the originator and issuer, as well as curator of investments, which will recommend the best combination of products in view of the objectives and clients profiles; and x Leading edge digital trading platforms that allow quick, easy and complete access to clients. The investment management platform, in addition to using the services of Bradesco’s Branch Network managers, also comprises an investment specialist team providing advice on the demands of banking products, investment funds, capital market products, broker and private pension. Suggested portfolios, which combine

%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  a diversity of financial products and are established monthly, based on the domestic and international market perspectives are available to clients. For purposes of convenience, it is possible to invest by Internet Banking, Bradesco Celular (mobile App), telephone, chat, among others, whereby operations and investment advice can be made. Ágora Ágora - Casa de Investimentos (Investment House), an indirect subsidiary of the Organization, is the latest initiative that demonstrates our agility and flexibility in the era of innovation. After revitalization, it has become a new open and independent investment platform for both individuals and companies, including non- account holders. Clients initiate the relationship with the registration 100% digital, and shall have access to a complete portfolio of investments for all profiles, having curated the selection of the best products with equity options, futures, Treasury Direct, COE , funds, public and private fixed income securities, and they also have specialized advice and exclusive content prepared by renowned market analysts. The new and advanced investment platform, agile, modern and intuitive trading, either via Website or App Ágora available 24 hours a day, provide a different experience, so that customers have all the comfort and security when investing. Broker Bradesco Corretora, through Bradesco BBI, serves exclusively institutional clients, with coverage of analysis of companies and sectors. Through Bradesco Securities units, operates in the North American, European and Chinese markets, mediating shares and ADRs – American Depositary Receipts, as well as distributing public and private securities for investors.

7. Miscellaneous solutions Capital Market

We offer a broad range of solutions and services to the capital market through specialized professionals and a modern infrastructure, with emphasis on Fiduciary Management for Funds, Investment Clubs and Managed Portfolios; Qualified Custody of Securities for Investors and Issuers; Bookkeeping of Securities and Depositary (Escrow Account - Trustee). Among the services provided, we highlight our representativity in the provision of Qualified Custody services (Global).

Cash Management A broad portfolio of products and services, solidity, security, tailored solutions and integration of platforms that facilitate the financial management of Companies, Utilities and Public Agencies for the management of accounts receivable and payable and collection of taxes and fees. Clients classified as Market Niches, such as Franchising, Condos, Notary Offices, University Students, and Health Professionals, among others, also have support from expert staff and customized solutions according to their profile. Microentrepreneurs have at their disposal the MEI Portal – mei.bradesco –, which, in addition to products and services tailored to their business, offers free services provided by partners to facilitate their day to day. Our Global Cash Management area structures solutions for international companies that operate in the Brazilian market and national companies that operate abroad, maintaining partnership with 50 international banks and access to the SWIFT network, supporting the opening of accounts for companies recommended by banking partners.

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  Products and Services to the Public Authorities Exclusive platforms serve the Public Sector, throughout the national territory, with Business Managers trained to offer products, services and solutions with quality and safety to the Executive, Legislative and Judicial Powers, federal, state and municipal authorities, as well as Municipalities, Public Foundations, Public and Mixed Capital Companies and the Armed and Auxiliary Forces. Every month, more than 11.4 million retirees and pensioners of the INSS receive their benefits in Bradesco, which gives it the position of highest payer among all the banks in the Country. We have a commercial structure with 44 platforms distributed throughout Brazil: 9 specialized platforms in the Heads of Public Authority to assist Governments, Capitals, Courts, Class Councils, Chambers, Public Prosecutors, and Public Defenders. We also have 35 Platforms that operate in Retail, serving City Halls and other Bodies. Find out more on bradescopoderpublico.com.br.

8. Technology and Innovation Always innovative, we continue focusing on the best experience for our clients, intensifying the use of new technologies such as: algorithms, artificial intelligence and science of complementary data, which we call Bradesco culture, in which the human relationship is essential for building trusted relationships between the Institution and clients. In this sense, and being close to clients, understanding the moment of life of each of them, identifying their needs and the best opportunities for them to achieve their goals. As a continuous result of this process, we offer relevant experiences in delivering value to business. Below, we talk about some of the featured actions that have helped us fulfill our proposal. Individual clients have greater autonomy in the management of their accounts via Bradesco Celular, with simplified journeys of purchase of products and services and the possibility of meeting several options, managing the beneficiaries registered as payees for making transfers, DOC and TED and the limits in these transactions. For greater flexibility and control of the credit card budget, clients, on the App Cartões (Cards), may opt for spreading the payment of their billing statements quickly, choosing the best plan, downpayment and number of installments. Another convenience offered are the digital portfolios, which can be used, like Apple Pay, Samsung Pay, Google Pay and also with the QR Code, as forms of payment. In the ATMs, where we have an extensive capillarity, with 33,326 modern machines, 4,849 with function for immediate deposit and recycling of notes and 167 with the sale of dollars and euros, we added the option of when the balance is unavailable, to get a future and short-term cash advance, enabling cash withdrawals and/or immediate transfers. The company client can update the registration details with the digital capture of documents, payment of credit card bills, manage limits for payment of invoices and accounts in accordance with the segment by cell phone or Net Empresa, without having to go to the Branch to complete the operations. On the portal Bradesco Cartões (Cards), a single view of all the products is available – bill, statement, queries and generation of passwords online – for corporate cards. Thinking of direct care of the Bank to clients during visits in their homes or offices, we offer a complete cycle in mobility solutions, where it is possible to carry out prospecting and opening of an account, sign up and purchase of products and, also, the manager has an investment platform for financial advice, enabling, among other resources, the comparison of funds in the market and performance. In terms of innovation, multichannel service, the BIA - Bradesco Artificial Intelligence, has reached a new level of experience, becoming a channel targeted offers and contextualized to the customer's time, such as on credit products - in installments, anticipation 13th and payroll - that BIA identifies the client's intention,

%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  makes the offer and directs the contracting. Today the BIA answers questions for more than 90 products and services including loans, financing, investments, debt renegotiation, consortium, foreign exchange, credit card, insurance, digital channels Net Empresa and Ágora Investimentos, interacting with more than 16.5 millions of customers, growth leveraged by use on WhatsApp and also by other partners such as Apple Business Chat, Alexa - Artificial Intelligence from Amazon and Google Assistant. With inovabra, we constituted a complete innovation ecosystem, which fosters the concept inside and outside Bradesco through collaborative work, portrayed with the contracting of 17 startups, with investments made in seven others, in addition to eight more new contracts under negotiation. With the objective of perpetuating the sustainability of new business in the long term, we highlight the espaço habitat (space), which hosts 199 startups and 92 companies, reaching the mark of more than 234 thousand visits. The platform is divided into programs: startups, habitat, hub, ventures, international, lab, centers and artificial intelligence. We have quickly adapted to the reality imposed by the pandemic, we have promoted the continuity and expansion of the use of digital channels to provide services to clients and we expanded the possibility for people to work in their homes in a secure manner through home office. Among the various actions, we highlight the migration of 87 financial tables for the remote format and additional distribution of around 3 thousand corporate cell phones.

9. Sustainability for Bradesco Sustainability is among the drivers in the way we do business and manage the Organization. Our commitment is present in the corporate mission of Bradesco, which makes it clear that our purpose is to contribute to the achievement of people and for sustainable development. Thus, the management of environmental, social and governance issues become key to our growth and survival, in addition to contributing to the generation of long-term and shared value for shareholders, investors, employees, suppliers, clients and the society. Among the actions and results in addition to the indicators of the previous periods, we highlight: Principles for Responsible Banking (PRB): we signed the commitment promoted by the United Nations (UN), that seeks to accelerate the contribution of the sector for the Sustainable Development Goals (SDG) and for the Paris Climate Agreement. In addition to being signatory, Bradesco is the only Brazilian institution to take part in the elaboration of the Principles; Sustainability Strategic Pillars: we reviewed our Sustainability Strategy and we structured six business pillars in order to leverage the theme and anticipate the challenges of the agenda, which are: Sustainable Business; Climate Change; client Relationship; Diversity; Innovation; and Private Social Investment; Climate commitments: until the end of 2020, our operations will be 100% supplied by renewable resources. In addition, 100% of the carbon emissions from operating activities will be neutralized; Recognition: in 2019, our ESG – Environmental, Social and Governance performance was mostly classified above the market average in sustainability indices of stock exchanges and specialized agencies in ESG ratings.

10.Human Resources We recognize in people one of the most important pillars that support the Organization as well as one of the reasons for our success. Therefore, the model of Human Capital Management is based on excellence, respect, transparency and continuous investment for the development and improvement of employees. We provide to them and to the other employees an ethical, healthy and safe environment, seeking to inspire, support and cooperate in the construction and recognition of their personal beliefs and values, in the sharing of knowledge and appreciation of the human being, without any kind of discrimination.

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&RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV¶5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  By means of career growth opportunities, challenges and constant recognitions, training and development, compensation and differentiated benefits, valuing diversity and balance between work and family life, we maintain our teams motivated and in constant harmony with the market, with people able and willing to offer all our target audiences a highly qualified service. In this way, we highlight the programs and learning solutions developed and available through Unibrad – Universidade Corporativa Bradesco (Bradesco Corporate University), with 158,465 participants registered so far, 21,595 were classroom students and 136,870 were distance learning students. In this period, R$34 million was invested in corporate education actions. The Organization has a health and well-being culture based on prevention and promotion of healthy habits, attitudes and behaviors, based on balance (emotional health), self-care (health and body) and movement (physical activity). This awareness is evidenced for more than 37,707 interactions in the various actions related to quality of life, with emphasis on our Viva Bem (Live Well) program. This culture of health and well-being, allied to safety measures and technological support, has contributed highly and relevantly for us to structure and adopt contingency measures to cope with the COVID- 19. Since the beginning, the employees of the risk group, pregnant women, trainees and apprentices were put on leave and began an extensive program of home office, resulting in a large part of the workforce from departments and offices working from their homes. For employees from Branches, the strategy was the weekly rotation of teams, whereby at the end of each week, the branches undergo deep cleansing, ensuring everyone's safety. Employees and their families have the protection and the necessary support, including psychological, to ensure tranquility during the crisis. Respect for people is an integral part of our corporate culture and will continue to do so.

11.Corporate Governance In 1944, the Bank’s Internal Regulations was established, from which the Bradesco Organization’s Code of Ethical Conduct originated in 2003, which is intended to serve as a Practical Guide of Personal and Professional Conduct, making explicit the principles of the Organization and affirming its values. The Bradesco’s Management is made up of the Board of Directors, composed of ten members, elected by the Annual Shareholders’ Meeting, among which two are independent, and by the Statutory Board of Executive Officers, with no accumulation of the positions of Chairman of the Board of Directors and Chief Executive Officer, as provided for in the Bylaws. The Board of Directors is advised by seven committees: a) statutory: (i) Audit; and (ii) Remuneration; and (b) non-statutory: (iii) Integrity and Ethical Conduct; (iv) Risks; (v) Integrated Risk Management and Capital Allocation; (vi) Sustainability and Diversity; and (vii) Succession and Appointment. Several executive committees assist the Board of Executive Officers’ activities, all of which are normatized by their own regulations. In the role of Supervisory Body, we have the Fiscal Council, which is annually elected by shareholders and has been operating continuously since 2015. It is currently composed of five effective members and their respective alternates. Bradesco is listed in Tier 1 of Corporate Governance of B3 – Brazilian Exchange & OTC. Further information on Bradesco’s corporate governance practices is available on banco.bradesco/ri – Corporate Governance Section. Internal Audit The General Inspectorate Department, among other services, is responsible for the internal audit. It performs an independent evaluation of the processes, mitigating the risks and ensuring the effectiveness of the internal controls in compliance with the policies, guidelines, standards, internal and external regulations. The methodology and execution of works from the area are certified by the Institute of Internal Auditors of

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12. Credit Policy and Risk Governance At the beginning of the pandemic, we created a crisis committee, formed by the Executive Officers, which holds meetings daily for updates on all aspects of the coronavirus, including human resources, technology, segments, press releases, and government determinations, among others. During this time, we have made adjustments in our policies and governance, in addition to ones we already have and maintain, in order to ensure the proper functioning of the client services with quality and safety in the business. Our ability to help clients is related to our strength. We have a solid capital base and adequate margin of liquidity to meet the needs of clients. We have continuously monitored the operating limits and risk appetite, review and timely adaptation in view of the current context. In addition, the Central Bank has been promoting measures related to the solvency of capital and liquidity of the system. In relation to our credit policies, our main focus is the support to our clients. We have mapped our exposures to sectors and companies with greater fragility and we have maintained a constant line of communication with businesses. The teams of credit recovery are 100% active, seeking solutions for clients. We have incorporated into our models of credit the new risk variables of the current scenario, in order to properly assess the situation.

13.Integrated Risk Control The Organization has extensive operations and options available for clients in all segments of the market, and, like any large institution, is exposed to various risks. Risk management is strategically highly important due to the increasing complexity and variety of the products and services and, also, the globalization of our business. The adoption of mechanisms of identification and continuous monitoring are vital, making it possible to anticipate the development and implementation of actions to minimize any adverse impacts on their positions. Thus, we control corporate risk management in an integrated and independent manner, preserving and valuing the Board’s decisions, developing and carrying out methodologies, models and measurement and risk control tools. Adverse impacts may result from multiple factors and are mitigated through the framework of risks, as well as a sound governance structure that involves the Integrated Risk Management and Capital Allocation Committee that is subordinate to the Board of Directors. Among the list of risks, we highlight: Credit, Market, Operational, Subscription, Liquidity, Socio- environmental, Strategy, Reputation, Model, Contagion, Compliance, and Cyber. In an attempt to precipitate or reduce effects, in case they occur, we seek to identify and monitor any emerging risks, among them, issues related to global growth, international geopolitical issues and the economic and fiscal situation of Brazil. We also consider the risks posed by climate change, and by technological innovation in financial services. Independent Validation of Models To identify, mitigate and control the risks inherent to the models, which may lead to adverse consequences, there is the process of independent validation conducted by a specialized team, which evaluates all aspects thoroughly, challenging the methodology, the assumptions adopted, the data used, the use and the robustness of the environment in which they are deployed. Various models as support instruments for decision, structuring of issues and risk and capital management are used. Among them, internal, standardized and developed by third parties (bureaus, pricers, rating agencies), supported by economic, statistical, and financial theories, mechanisms of machine learning and expert knowledge. Any weaknesses detected are converted into notes, whose action plans are monitored until their solution. Results are reported

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14.Compliance and Ethics The Compliance and Integrity Programs, standards that affirm our values and govern the daily interactions and decisions, cover the entire Bradesco Organization, extending to suppliers, service providers and controlled companies, eliciting the high standards of conduct and ethics principles that we have. These principles are supported by policies, standards and training programs for professionals, by aggregating excellence in procedures and controls, and seeking to detect prevention, identification, mitigation and monitoring of any actions considered as violations of the Code of Ethical Conduct, and/or operations and situations with indications of links to illegal activities, aimed at the adoption of appropriate measures and actions. The control methodologies and procedures are objects of evaluation and constant improvement in accordance with current and applicable laws and regulations, as well as with the best market practices, supported by the Organization’s Board of Directors.

15.Social Investments Fundação Bradesco Fundação Bradesco, our main social sustainability activity, develops the largest private social and educational program in the Country. Its most important pillar is the belief that education is the path to promote equal opportunities, personal and collective achievement, as well as a means to build a society that is more fair and productive. The Foundation is present in every state in Brazil as well as in the Federal District with 40 own schools, installed primarily in areas of severe socioeconomic deprivation. Its educational structure includes the development of competences and cognitive and socio-emotional skills, creating a path for the formation of citizens, the constitution of their personal, cultural and social identity and their insertion in the employment market. For 2020, the estimated budget is R$794.000 million, whereby R$665.900 million will be destined to investments in Activity Expenses and R$128.100 million to investments in infrastructure and Educational Technology, which will allow the institution to offer free education to: a) 84,588 students in Basic Education – Kindergarten to Secondary Education and Technical Education at Secondary Level –, Youth and Adults Education and in Initial and Continuing Education focused on the creation of jobs. The 42,961 students of Basic Education also receive, without cost, uniforms, school supplies, meals, medical and dental assistance; b) 3.5 million students who must complete at least one of the courses offered in their program in the EaD – Distance Learning modality, by means of their e-learning portal “Escol@ Virtual” (Virtual School); and c) 12,447 beneficiaries in projects and actions in partnerships, such as the Programa Educa+Ação (Educate+Action Program) and the Programa de Informática para Deficientes Visuais (IT for the Visually Handicapped Program), and in educational courses and lectures and in information technology. Sports With more than 30 years of existence, the Programa Bradesco Esportes e Educação (Bradesco Sports and Education Program) encourages sport as an activity to support the development of children and young people, focusing on the promotion of health and the enhancement of talents through the teaching of female volleyball and basketball in all the schools of Fundação Bradesco, municipal sports centers, public and private schools, in a leisure club and in its Center of Sports Development, all in Osasco - SP. Approximately 1.5 thousand girls from 8 years old are trained annually. Participants also receive civic education instruction and those at Specialist Centers are offered health insurance, transportation, food, an allowance and other benefits.

%UDGHVFR  &RQVROLGDWHG)LQDQFLDO6WDWHPHQWV,QGHSHQGHQW$XGLWRUV 5HSRUWDQG)LVFDO&RXQFLO¶V5HSRUW  0DQDJHPHQW5HSRUW  16.Recognitions x Bradesco is the Most Valuable Brand in Latin America, according to the ranking of BrandZ, produced by the research firm Kantar with the WPP Group; x It is the first private bank in Brazil to have HR practices internationally certified by the Top Employers Institute; x For the second consecutive year, Bradesco was selected to integrate the Bloomberg Financial Services Gender-Equality Index (BFGEI), for promoting corporate policies of gender equality; x Bradesco reaffirms leadership in payroll loans among the private banks in Brazil. The portfolio presented a growth of 25% at the end of 2019, in comparison to the previous year; x Bradesco BBI has been chosen as the Best Investment Bank and Best Bank of Fixed Income in Latin America in the 21st edition of the Best Investment Banks in the World, of the Global Finance magazine, being the first time it has won the award in two categories; and x BRAM leads the ranking of Best Retail Company in the 2020 Guia Exame Where to Invest, for the second consecutive time. Also, nine Bradesco funds were rated with five stars.

17.Independent Audit In compliance with CVM Instruction No. 381/03, Bradesco Organization, in the first quarter of 2020, hired services provided by KPMG Auditores Independentes that were not related to the external audit, at a level greater than 5% of the total fees related to external audit services. The Bank’s policy is in line with the principles of preserving the auditors’ independence, which is based on generally accepted international criteria, i.e.: the auditors should not audit their own work, perform management functions for their clients or promote their client’s interests. It is noteworthy that any eventual services not related to the external audit are submitted prior to the authorization of the Audit Committee.

18.Acknowledgments The first quarter was even more challenging, due to the pandemic, an event absolutely unpredictable, which has impacted the world. Bradesco is a Bank prepared to overcome adverse situations and act quickly and, once again, we remain well positioned. We rely with the support and trust of our shareholders and clients, as well as of our employees and other associates, who showed hard work in the face of difficulties. We sincerely thank you all.

Cidade de Deus, April 29, 2020 Board of Directors and Board of Executive Officers

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For further information, please contact:

Leandro Miranda Executive Deputy Officer and Investor Relations Officer

Carlos Wagner Firetti Market Relations Department Phone: (11) 2194-0922 [email protected]

Cidade de Deus, s/n - Prédio Vermelho – 3rd floor Osasco-SP Brazil banco.bradesco/ri