Bank Bradesco Director Acquired 1.84M+ Preferred Shares

Insider Transaction Overview

On September 1, 2026, Rubens Aguiar Alvarez, a member of the Board of Directors of Bank Bradesco (NYSE: BBD), acquired an aggregate of 1,845,000 preference shares (BBDC4) via open-market purchases through an indirect investment vehicle (BRADESCO FENDER FIF CLASSE INV MULT CREDITO PRIV).

Transaction Summary

• Security: BRADESCO PN EJ N1 (Preference shares - BBDC4)
• Transaction Code: P (Open-market purchase)
• Total Shares Acquired: 1,845,000 shares across six tranches:
  • 2,200 shares at R$17.32
  • 26,300 shares at R$17.30
  • 27,700 shares at R$17.36
  • 34,700 shares at R$17.35
  • 56,100 shares at R$17.33
  • 1,698,000 shares at R$17.37
• Weighted Average Price: ~R$17.37 per share
• Gross Consideration: R$32,042,484 (Brazilian Reais)
• Ownership Type: Indirect (held through an investment fund)
• Post-Transaction Holdings: 3,690,000 indirect preference shares (in addition to 264,605 direct preference shares)

Market & Strategic Significance

This filing represents a substantial insider buy order by a director, doubling the indirect position held via the dedicated investment fund from 1,845,000 to 3,690,000 shares. Insider capital commitments of this magnitude (over R$32 million) generally signal strong executive confidence in the bank's underlying asset quality, capital adequacy, and return outlook.