SECURITIES AND EXCHANGE COMMISSION
06029-900 - Osasco - SP
Federative Republic of Brazil
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No ___X____.
COMMUNICATION ON RELATED-PARTY TRANSACTIONS
Banco Bradesco S.A. (“Bradesco” or “Company”) informs its shareholders and the market in general, in accordance with Article 30 and Exhibit 30- XXXIII of Securities and Exchange Commission (“CVM”) Instruction No. 480/09 and Related-Party Transactions Policy of the Company (“Internal Policy”) that celebrated Contract for Provision of Intermediation, Capture, Indication and Maintenance Services of Commercial Establishments on December 29, 2021 (“Contract” or “Transaction”) with its affiliated, Cielo S.A. (“Cielo”).
The information referring to the Transaction, provided in the aforementioned CVM Instruction, are listed in the chart below:
| Transaction | |
| Related-Party´s Name | Cielo |
| Relation between the Related-Party and the Company | Bradesco composes, through of controlled companies, Cielo's control group. |
| Transaction´s Subject | The Contract establishes the aplicable conditions to the services to be provided by Bradesco to Cielo of intermediation, capture, indication and maintenance of commercial establishments (“Establishments”) to Cielo System (“Services”). |
| Main Terms and Conditions |
The Services provided by Bradesco to Cielo include, among others: (i) presentation to Cielo of the legal representatives and those responsible for the decision making next to the Establishment, provided that it is authorized by it; (ii) eventual participation in inicial meeting and subsequent meetings with the Establishment; (iii) description of the profile and main business of the Establishment; (iv) identification and forwarding to Cielo of the main necessities and expectations appointed by the Establishment, for maintenance of the Establishments accredited in Cielo system; (v) identification and transfer of the most recurring complaints and points of improvement in the commercial relationship for Cielo to evaluate them; and (vi) collection of documents and information, as well as preparation of reports. All information related to the Contract will comply with the applicable data protection legislation.
In consideration for the services provision, Bradesco will be entitled to compensation for the payment transaction volume held in Establishments with bank address at Bradesco and accredited in Cielo system.
Signature Date: 12.29.2021. Duration: 12 (twelve) months, counting as of 01.01.2022. |
| If, when, how and to what extend the counterparty in the transaction, its partners or managers participated in the process | The Contract conclusion obtained the internals approvals and followed all the established norms in the Internal Policy. |
| Detailed justification of the reasons why the issuer's Management considers that the Transaction observed commutative conditions or provides for adequate compensatory payment | The Company´s Management understands that the Transaction observed commutative conditions and provides for adequate compensatory payment, since was carried out in the best interest of the Company, observing Market Conditions (according to the Company's Internal Policy), good governance practices, conduct, ethics and transparency and no Conflicts of Interest (according to the Company's Internal Policy). |
The documents referring to the Transaction are filed at the Company´s headquarters.
Cidade de Deus, Osasco, SP, December 29, 2021.
Banco Bradesco S.A.
Leandro de Miranda Araujo
Deputy Executive Officer and
Investor Relations Officer
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BANCO BRADESCO S.A. | ||
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By: |
/S/Leandro de Miranda Araujo
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| Leandro de Miranda Araujo Executive Deputy Officer and Investor Relations Officer. | ||
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