Publicly-Held Company
Corporate Taxpayer´s ID No. 60.746.948/0001-12
Notice to Shareholders
Banco Bradesco S.A. (Company), according to the Material Fact disclosed on December 9, 2019, informs its shareholders and the market in general that the members of the Board of Directors approved the Board of Executive Officers´ proposal for the payment of supplementary interest on shareholders' equity, to the company´s shareholders, in the total amount of R$4,245,000,000.00, being R$0.503379600 per common share and R$0.553717560 per preferred share, benefiting the shareholders who are registered in the Company's records on December 19, 2019 (date of declaration), whereby the shares will be traded "ex-rights" to the supplementary interest from December 20, 2019.
The payment will occur on December 30, 2019 by the net amount of R$0.427872660 per common share and R$0.470659926 per preferred share, after deducting the withholding income tax of 15% (fifteen percent), except for the legal entity shareholders who are exempt from such taxation, who will receive by the declared amount.
The interest relating to the shares in custody on B3 S.A. - Brasil, Bolsa, Balcão will be passed on to their holders through the respective custody agents.
The following is a statement of the amounts paid and payable relating to 2019:
Description | R$ | |
Amounts Paid (*) | 2,982,392,143.25 | |
- | Monthly interest on shareholders' equity relating to the months from January to | 1,527,392,143.25 |
November | ||
- | Interim interest on shareholders' equity declared on June 28, 2019 and paid on July | 1,455,000,000.00 |
15, 2019 | ||
Amounts Payable | 4,390,465,848.34 | |
- | Monthly interest on shareholders' equity relating to December, to be paid on | 145,465,848.34 |
January 2, 2020 | ||
- | Supplementary Interest on shareholders' equity declared on December 19, 2019, to | 4,245,000,000.00 |
be paid on December 30, 2019 | ||
Total | 7,372,857,991.59 |
- it considers the bonus approved in the EGM on March 11, 2019.
Per share in R$
Monthly interest on | Interim interest on | Supplementary | ||
Type | shareholders' equity | shareholders' equity | Total | |
Interest | ||||
accrued in the year | for the 1st semester | |||
Common | 0.206997912 | 0.172536471 | 0.503379600 | 0.882913983 |
Preferred | 0.227697708 | 0.189790118 | 0.553717560 | 0.971205386 |
The Company may, based on the result to be calculated at the end of the financial year of 2019, distribute new interest and/or dividends to the shareholders.
If approved, the supplementary interest represents approximately 29 times the monthly interest paid, net of income tax at source, and will be included in the calculation of the mandatory dividends for the financial year provided for in the bylaws.
It is important to highlight that, additionally to the previously mentioned earnings, on October 23, 2019, Bradesco paid R$8,000,000,000.00 in extraordinary dividends using part of the balance of the "Profit Reserves -
Statutory" account.
Cidade de Deus, Osasco, SP, December 19, 2019
Banco Bradesco S.A.
Leandro de Miranda Araujo
Executive Deputy Officer and
Investor Relations Officer
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Banco Bradesco SA published this content on 19 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 19 December 2019 22:40:09 UTC