Slides
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Earnings Release 2Q26
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R$ 7.1 bn 2Q26 Recurring Net Income 2Q26 vs. 1Q26 (q/q) 2Q26 vs. 2Q25 (y/y) 3.5% 16.2% Recurring net income grows 16.2% yoy, marking ten consecutive quarters of growth Profitability improves with revenues up 10.3% yoy and expenses under control Loan portfolio expands with more collateral and in lines with high RAR (Risk-Adjusted Return) Despite higher risks in bank lending, our non-performing loans were in line with our expectations Insurance segment delivering consistent performance Accelerated transformation to ensure sustainable results and boost the bank's competitiveness ROAE 16.2% 1.6 p.p. (y/y)0.4 p.p. (q/q) Highlights 2
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R$ 1,137 bn June26 4.3% (q/q) 11.6% (y/y) 3 Expanded Loan Portfolio Individuals 1.2% (q/q) 8.4% (y/y) R$479.7 bn SMEs Large Corporates 5.1% (q/q) 16.1% (y/y) 7.8% (q/q) 12.7% (y/y) R$267.5 bn R$389.4 bn CAGR 11.7% (2Q24–2Q26) 1,137 1,090 1,089 1,034 1,018 1,005 982 944 912 JuneMar26DecSeptJune25MarDecSeptJune24 Expanded Loan Portfolio R$ billion
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Sources: Central Bank of Brazil, Bradesco Credit Portfolio: Bradesco x National Financial System 4 Credit Portfolio YoY Growth in Jun-26: Bradesco vs. the National Financial System (NFS) B R A D E S C O N F S Earmarked +8.7 p.p. 21.4% 12.7% Corporate +6.8 p.p. 14.7% 7.9% Total +1.0 p.p. 10.7% 9.7% Individuals −3.2 p.p. 7.7% 10.9% Non-earmarked −3.3 p.p. 4.2% 7.5% 0 12-month change, %
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consignado 5 Growth in lines with high risk-adjusted return Retail + SME 44.6% (q/q) 7.7% (q/q) FGO + FGI + Real Estate Wholesale Growing share of working capital with FGI/FGO guarantees in credit origination 7.3% (q/q) 13.0% (y/y) Other Products 2.2% (q/q) 10.6% (y/y) Average Monthly Origination Expanded Loan Portfolio 1. Does not include Banco John Deere SME Credit Market Share: 17.4% in Mar26 (Source: Brazil’s Central Bank) FGI+FGO 64.5% y/y52.7% q/q in 2Q26 FGI+FGO Origination #1 in Market Share: 21.6% Portfolio Vehicles - Individuals Within our Fair Share Credit Card Decelerating in all segments Retail High Income 1 Payroll Loan Delinquency 4.7% 2.5%General Private 8.9% 3.3% Bradesco Market (Ex-Bradesco) 7.3% 7.6% 5.0% 4.6% Mar26 June26 Market (ex-Bradesco) Bradesco 3.4% (q/q) 0.9% (q/q) 18.9% (y/y) 5.3% (y/y) 4.2% (q/q) 26.8% (y/y) Rural Secured Wholesale lines 31.2% (y/y) 9.3% (q/q) 24.9% (y/y) 9.7% (q/q) Over 90-day NPL Ratio - Individuals Rural Portfolio (individuals) 0.6% June26 vs. Dec25 Bradesco’s Agro Market Share 12% Bradesco's Share in Rural Chapter 11 (Individual) 3.5% of balance
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payroll-deductible loansExpanded Loan Portfolio 100 104 114 111 FGI + FGO + Real Estate Origination Average Monthly Origination | Retail + SME (Base 100 = 3Q25) Other Products Spread Priority to secured lines, lowering risk and increasing spreads Other Products Origination 77% 82% 83% 76% 23% 18% 17% 24% 100 93 87 88 3Q25 4Q25 1Q26 2Q26 Stressed Scenario Current Scenario Example of guarantee-claim usage exercise FGI 90 days past due +30 days for guarantee payment FGO 180 days past due +5 days for guarantee payment Stop Loss 6
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Reestructured PortfolioOver 90-day Non-Performing Loans - % Loan Portfolio by Stages - % Loan Portfolio - Evolution of the Secured Portfolio ‘ (1) (1) Total 15 to 90-day NPL of 4.0% in June26, vs. 3.7% in Mar26. 61.060.859.358.5 54.053.8 48.548.048.6 45.1 39.039.240.741.5 46.046.2 51.552.051.454.9 JuneMar26Dec25June25Dec24Dec23Dec22Dec21Dec20Dec19 Secured Unsecured % Restructured Portfolio / Loan Portfolio - % Loan Quality Indicators 7 3.13.13.33.74.0 19.819.120.222.625.3 5.96.16.45.74.8 25.725.226.628.330.1 JuneMar26DecSeptJune25 5.55.45.45.4 5.1 4.3 4.24.14.1 4.1 4.4 4.03.83.7 4.3 0.20.20.30.40.4 JuneMar26DecSeptJune25 Individuals Total SME Large Corporates Cured Operations Problematic Asset (Stage 3) R$ billion 69% secured loans in Individuals Notes: (1) 27% of stage 3 is up to date; (2) 93% of the portfolio is in stages 1 and 2, +0.7 p.p. in 12 months. 1.1 bn In cured operations (y/y) (5.5) bn Reduction in problematic assets (y/y) Note: NPL coverage - new stage 3 of 101% in 1H26, vs. 105% in 2H25, vs. 106% in 1H25. Calculation: LLP expenses / Stage 3 variation before write-offs. New Desenrola Brasil: R$2.7 billion in renegotiation 87.8%87.3%88.0%88.1%87.8%87.5% 5.1%5.5%4.9%4.6%4.5%4.6% 7.1%7.2%7.1%7.3%7.7%7.9% June (Pro Forma) JuneMar26DecSeptJune25 Stage 1 Stage 2 Stage 3 Stage 2: 0.2 p.p. | Banco John Deere 0.2 p.p. | Would fall q/q excluding a specific Wholesale client Proposal 2 Stage 3: 0.1 p.p. | Working Capital with FGI and FGO guarantees Specific Wholesale client
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Total Net Interest Income R$37.6 bn 2Q26 2.1% (q/q) 10.3% (y/y) R$ billion 4.1% (q/q) 15.7% (y/y) R$20.9 bn 8 Fee and Commission Income Insurance, Pension Plans and Capitalization Bonds 1.1% (q/q) 1.7% (y/y) 4.2% (q/q) 8.3% (y/y) R$10.5 bn R$6.1 bn Total Revenue 37.636.936.1 35.1 34.1 32.432.9 31.1 29.7 2Q1Q264Q3Q2Q1Q254Q3Q2Q24 Total Revenue (NII + Fee and Comission Income + Income from Insurance, Pension Plans and Capitalization Bonds + Equity in the Earnings of Affiliates) CAGR 12.5% (2Q24–2Q26)
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R$ 20.9 bn 2Q26 Market NII Client NII net of provision 4.1% (q/q) 15.7% (y/y) R$ 10.0 bn 3.3% (q/q) 22.6% (y/y) R$ 10.9 bn 4.8% (q/q) 9.9% (y/y) NII Net of Provisions Expenses with Expanded LLP R$0.7 bn Client NII R$20.2 bn R$10.2 bn3.6% (q/q) 13.8% (y/y) 9 Net Interest Income 20.219.519.118.617.8 9.19.19.09.08.8 2Q1Q264Q3Q2Q25 Gross Client NII Gross Spread R$ billion % 10.29.810.310.19.6 4.54.54.84.84.7 2Q1Q264Q3Q2Q25 Net NII Net Spread R$ billion % 3.9% (q/q) 6.2% (y/y) Cost of Risk 3.5% stable on quarter 0.3 p.p. (y/y) 21.7% (q/q) 10.09.78.88.68.1 3.53.53.23.33.2 2T1T264T3T2T25 Expanded LLP Expanded LLP / Expanded Loan Portfolio (Annualized) % R$ billion Expenses with LLP NII Net of Provisions
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Checking Account + Collections & Payments R$2.0 bn 3.0% (q/q) 3.1% (y/y) 10 Fee and Commission IncomeFee and Commission Income R$ 10. 5 bn2Q26 1.1% (q/q) 1.7% (y/y) Custody and Brokerage Services 13.0% (q/q) 26.4% (y/y) R$0.6 bn Capital markets / financial advisory services 10.7% (q/q) 17.2% (y/y) R$0.5 bn Consortium Management 0.8% (q/q) 10.5% (y/y) R$0.9 bn R$2.8 tn under custody +11.3% y/y and Ágora doubling profit in 1H26 and raising R$8.2 bn in NNM in 2Q26 Gain in market share, with AUM growing 9.0% vs. industry 2.6% in 1H26 Asset Management R$1.0 bn 3.5% (q/q) 9.7% (y/y) Card Income R$4.5 bn 1.1% (q/q) 0.8% (y/y) Revenues of R$24.6 bn, growth of 14% vs. 1H25 11.9% (h/h) 38.2 MM Checking Account Clients +300k vs. Mar26 in M&A CAGR 23% (revenues last 2 years) +R$ 1 bn in revenue in 12 months vs. 2023 #1 #1 in DCM
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Income from insurance operations R$ million Insurance, Pension Plans and Capitalization Bonds 8.3% (y/y) 16.7% (y/y) 3.5% (y/y) 4.2% (q/q) 3.4% (q/q) Total Income Financial O perational R$30 bn Revenues from insurance premiums, pension contributions and capitalization bonds 2Q26 Net Income Quarterly ROAE 22.8% R$ 2. 9 bn 2Q26 28.3% (y/y) Technical Provisions 6.7% (q/q) 1.6% (y/y) 11 R$ 46 7 bn June26 9.9% (y/y) 2.7% (q/q) 4.0% (q/q) 8.4% (q/q) 20.4% (h/h) 14.1% (h/h) 17.1% (h/h) 12.4% (h/h) 1.7% (h/h) 3,612 4,083 3,740 2,038 2,301 2,379 5,650 6,384 6,119 2Q25 1Q26 2Q26 Resultado Financeiro Resultado Operacional Financial Result Operating Income 6,956 7,822 3,997 4,680 10,953 12,502 1H25 1H26 R$ 5 .7 bn 1H26 R$58 bn 1H26 Excluding VGBL: 6.4% (q/q) 6.9% (y/y) 6.0% (h/h)
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Service Network Personnel + administrative 4.0% (q/q) 5.0% (y/y) R$ 16.4 bn 2Q26 1.6% (q/q) 3.4% (y/y) Operating Expenses R$ 13. 1 bn 4.59% (y/y) Average Inflation in 2Q26 1,119 June26 vs. June25 1,8441,9382,0092,0592,168 698706724707682 1,5651,7231,8721,9782,376 4,1074,3674,6054,7445,226 JuneMar26DecSeptJune25 Branches Business Units Service Centers 260 June26 vs. Mar26 12 ER 12 months -% 48.4 49.2 50.0 50.7 51.2 51.852.2 2Q1Q264Q3Q2Q1Q254Q24 5.68% 2025 Collective wage increase agreement 0.8 p.p. (q/q) 2.8 p.p. (y/y) 3.8% (y/y) Excluding profit-sharing 3.8 p.p. (2Q26 vs. 4Q24)
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Dividends/IOC - Gross basel & dividends/ioc 13 Basel Ratio % | Tier I Basel & dividends/IOC 13 10.2 11.3 11.3 14.5 8.0 2022 2023 2024 2025 1S26 R$ billion 1.8 1.5 10.2 11.3 0.912.0 1.4 15.1 Mar26 June26 Addition Capital Common Equity (2) 15.1% (1) Proposal for a capital increase of up to R$10 billion; Tier I Common Equity Capital 13.6% (1) (2) Complementary effect of Bradsaúde, pending approval (12.8% + pro forma 2.3%) * * (pro forma) * (pro forma) 1H26
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+400k upgrades in Principal and Prime 400+ k P R I M E B R A D E S C O D I G I T A L CLIENT SEGMENTS CLIENT CHANNELS ~800k P R I N C I P A L 36+ mn 14 4.3 mn #1 M&A and #1 fixed income, vehicle financing, energy desk and #1 in working capital with FGI/FGO guarantee More active in insurance sales, payroll loans and acquiring distribution SMEs App with more features: new investment options, NF-e issuance and Chat with generative AI for customer support Bradesco Retail App with new features for private payroll loans, mortgages, debt renegotiation and crypto trading TECHNOLOGY C O M P E T I T I V E N E S S G A I N S 830+ BRIDGE use cases -49% lead time C L I E N T S ~4.9 mn • Smart PIX and payments with generative AI • Billet and DDA queries and scheduling • Credit card balance and statement • Preventive alerts C O R P O R A T E 85% accuracy in automated testing 8.2 MN interactions in 1H26 T E C H +30% productivity with multi-agents in virtual squads ~12 k people 88% have already used 320k Clients Offices ~11062 73 Dec25 June26 Dec26 3.7 mn Dec25 June26 Dec26 Clients 19+ mn Dec25 40+ mnClients FULLY DIGITAL June26 Dec26 b.ia
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Consistent net income growth, step by step Strong operating result in 2Q26, with revenues growing double digits and good risk management The transformation plan is increasing our competitiveness across business lines, giving resilience to revenues The portfolio is growing safely, with more collateral and good RAR, in an environment of pressured delinquency Commercial traction: #1 fixed income, #1 M&A, vehicle financing, #1 in working capital with FGI/FGO guarantee, leader in SME lending and in consortium We have strengthened our balance sheet to keep seizing opportunities, investing and increasing our net income Conclusions Best Bank for Technology – Global | The Banker Technology Awards 2026 - June26 Top Financial Innovation Awards | Global Finance - Apr26 Global SME Banking Innovation Awards 2026 | The Digital Banker - Jan26 FICO® Decision Awards 2026 (FICO) | Mar26 World's Best Financial Innovation Labs 2026 | Global Finance - Apr26 Awards Awards 1515
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Y O U F I R S T · T H E N E W E C O S S Y S T E M @MeuBradesco