41.0% in 12 months and 40.8% in the quarter

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2 Main Recurring Net Income Efficiency Ratio (ER) Profitability 2Q18 R$5.2 billion + 9.7% in 12 months + 1.2% in the quarter 41.0% in 12 months and 40.8% in the quarter Return on Average Equity 18.5% (Year-to-Date Recurring Net Income) (unless otherwise stated) 2Q18 1Q18 2Q17 1H18 1H17 Result Recurring Net Income (1) 5,161 5,102 4,704 10,263 9, Net Interest Income 15,084 15,686 15,892 30,770 31,928 (3.8) (5.1) (3.6) Expanded ALL (2) (3,437) (3,892) (5,378) (7,329) (10,660) (11.7) (36.1) (31.2) Fee and Commission Income 8,119 7,831 7,496 15,950 14, Insurance Written Premiums, Pension Plan Contributions and Capitalization Bond Income Statement of Position 18,223 17,570 18,512 35,793 36, (1.6) (1.8) Total Assets (3) 1,306,209 1,303,842 1,291,184 1,306,209 1,291, Expanded Loan Portfolio (4) 515, , , , , Individuals 182, , , , , Companies 332, , , , , Shareholders' Equity 113, , , , ,807 (0.6) Assets under Management 2,014,113 2,003,948 1,917,827 2,014,113 1,917, Highlights Variation% (unless otherwise stated) Annualized Return on Average Equity (ROAE) - % (5) (0.2) p.p. 0.3 p.p. 0.3 p.p. Efficiency Ratio (ER) - % (6) p.p. 0.4 p.p. 0.4 p.p. Recurring Net Income per Share (in the last 12 months) - R$ (7) Market Capitalization (8) 171, , , , ,618 (27.7) Interest on Shareholders Equity - Net 1,511 1, ,030 2,389 (0.5) Delinquency Ratio (> 90 days (9) / Loan Portfolio) - % (0.5) p.p. (1.0) p.p. (1.0) p.p. Tier I Capital - % (1.0) p.p. (1.1) p.p. (1.1) p.p. 2Q18 x 1Q18 2Q18 x 2Q17 1H18 x 1H17 (1) According to the non-recurring events described on page 5 of this Economic and ; (2) Includes provision for sureties, guarantees, income from credit recoveries, discounts granted, result with BNDU (assets not for own use) and impairment of financial assets; (3) For more information, please see note 4 Balance Sheet and Managerial Statement of Income, in chapter of this report; (4) Besides the Loan portfolio Brazilian Central Bank (Bacen) concept, includes sureties, guarantees, credit letters, advances on credit card receivables, debentures, promissory notes, co-obligations in real estate receivable certificates and rural credit; (5) It excludes mark-to-market effect of Available-for-Sale Securities recorded under the Shareholders Equity; (6) For 1H18 / 1H17 considers the cumulative index in 12 months; (7) For comparison purposes, shares were adjusted in accordance with bonuses and stock splits occurred in the periods; (8) Number of shares (excluding treasury shares) multiplied by the closing price for common and preferred shares on the period s last trading day; and (9) Overdue loans. 4

3 Recurring Net Income vs. Book Net Income Below is a comparison between the main non-recurring events that affected the net income in the period: 2Q18 1Q18 2Q17 1H18 1H17 Recurring Net Income 5,161 5,102 4,704 10,263 9,352 Non-Recurring Events (633) (635) (793) (1,268) (1,370) - Goodw ill amortization (Gross) (613) (607) (565) (1,220) (1,119) - Cielo s Regulatory Change (1) - - (210) - (210) - Other (2) (20) (28) (18) (48) (41) Book Net Income 4,528 4,467 3,911 8,995 7,982 (1) It refers to our proportional shares in Cielo, as a result of the adjustments and effects of change of the accounting standards, from IFRS/CPC to COSIF, since it began to be regulated by the Brazilian Central Bank (Bacen), which was equated to financial institutions; and (2) It refers, basically, to contingent liabilities. Summarized of Recurring Income For more information about the summarized analysis of recurring income presented as follows, see chapter Economic and of this report. Recurring Income Statement () 2Q18 1Q18 Variation % Net Interest Income 15,084 15,686 15,892 30,770 31,928 (3.8) (5.1) (3.6) - NII - Interest Earning Portion 14,979 15,493 15,778 30,472 31,678 (3.3) (5.1) (3.8) - NII - Non-Interest Earning Portion (1) (45.6) (7.9) 19.2 Expanded ALL (3,437) (3,892) (5,378) (7,329) (10,660) (11.7) (36.1) (31.2) ALL Expenses (4,369) (4,599) (6,534) (8,968) (12,430) (5.0) (33.1) (27.9) Income from Credit Recovery 1,652 1,447 2,081 3,099 3, (20.6) (14.4) Granted Discounts / Other (2) (507) (485) (517) (992) (1,024) 4.5 (1.9) (3.1) Impairment of Assets (213) (255) (408) (468) (828) (16.5) (47.8) (43.5) Gross Income from Intermediation 11,647 11,794 10,514 23,441 21,268 (1.2) Income from Insurance, Pension Plans and Capitalization Bonds (3) 2,205 1,515 1,781 3,720 3, Fee and Commission Income 8,119 7,831 7,496 15,950 14, Personnel Expenses (4,927) (4,829) (4,967) (9,756) (9,789) 2.0 (0.8) (0.3) Other Administrative Expenses (4,993) (4,810) (4,898) (9,803) (9,752) Tax Expenses (1,831) (1,821) (1,718) (3,652) (3,490) Equity in the earnings (losses) of unconsolidated and jointly controlled subsidiaries (22.6) (37.5) Other Operating Income / (Expenses) (2,124) (2,037) (1,792) (4,161) (3,625) Operating Income 8,144 7,670 6,478 15,814 13, Non-Operating Income (17) (9) (34) (26) (86) 88.9 (50.0) (69.8) Income Tax / Social Contribution (2,909) (2,483) (1,699) (5,392) (3,538) Non-controlling interests in subsidiaries (57) (76) (41) (133) (90) (25.0) Recurring Net Income 5,161 5,102 4,704 10,263 9, (1) Includes impairment of financial assets without characteristic of credit; (2) Includes the result with BNDU and provision for sureties and guarantees; and (3) Income from Insurance, Pension Plans and Capitalization Bonds = Retained Premiums from Insurance, Pension Plans and Capitalization Bonds - Variation in technical reserves for Insurance, Pension Plans and Capitalization Bonds - Retained Claims - Capitalization Bond Draws and Redemptions - Insurance Plan, Pension Plan and Capitalization Bond Selling Expenses. 2Q17 1H18 1H17 2Q18 x 1Q18 2Q18 x 2Q17 1H18 x 1H17 Banco Bradesco 5

4 Summarized of Recurring Income Recurring Net Income The development of the net income, both in the quarterly comparison (2Q18 vs. 1Q18) and in the annual (2Q18 vs. 2Q17), was driven by good performance of our fee and commission income and income from insurance, pension plans and capitalization bonds. In addition, again there were reductions in expenses with ALL (Expanded), as is evidenced by the improvement of the main indicators of quality of the portfolio. These factors were also the drivers of the significant evolution of the operating result in the periods. 9.7% 10, % 9, % 30.6% 1.2% 4,704 5,102 5, % 30.6% 30.7% 71.7% 69.4% 73.0% 69.4% 69.3% Banking Activities Insurance Activities Efficiency Ratio (ER) Net Interest Income 53.7% 53.2% 52.4% 51.6% 50.4% 40.6% 40.7% 40.8% 40.9% 41.0% -5.1% -3.6% 31,928 30, % 40.4% 41.5% 41.3% 40.3% 40.8% 15,892 15,686 15, ,678 30,472 15,778 15,493 14,979 2Q17 3Q 4Q 1Q18 2Q Quarterly Efficiency Ratio 12-month risk-adjusted efficiency ratio 12-month efficiency ratio The behavior of the quarterly ER is impacted by the growth of operating expenses (personnel and administrative) and by the results obtained with the net interest income, which have also affected the performance shown in the cumulative index in 12 months. The constant improvement of the ER adjusted to the risk (in the last 12 months), reflects the reduction in expenses with ALL (Expanded). NII - Interest Earning Portion NII - Non-Interest Earning Portion The reduction of the interest earning portion presented in the quarters is due to the decrease of the insurance margin and lower results in asset and liability management (ALM) reflecting the volatility of the market of shares, the movements of the price indices and of the interest rate. It is important to highlight the growth of the results with the credit intermediation presented in relation to the 1Q18, reflecting an increase in the average volume of business, highlighting the credit allocated to individuals. 6

5 Summarized of Recurring Income Expanded ALL (Expenses) 4.4% 5,378 4, % 2.7% -36.1% -11.7% 3,892 3,437 3,637 3, The reduction in expenses with ALL (Expanded) presented both in the quarterly variation and the 2Q17, mainly reflects the improvement of the quality of the loan portfolio, and also the lower expenses with impairment of financial assets and the performance of the income from credit recoveries. It is worth noting that since the last quarter, we reclassified the expenses with the impairment of the financial assets (operations with credit features, in the expanded concept, mostly debentures) of the net interest income for the ALL, including of previous periods, for the best effect of comparability. Fee and Commission Income 10,660 9, % 7,329 6, ALL, Loan Recovery and Granted Discounts Impairment of Assets Expanded ALL (Expense) / Expanded Loan Portfolio (Annualized) Income from Insurance, Pension Plans and Capitalization Bonds 1,781 1,515 2,205 The evolution in the comparison to the 1Q18 reflects the greater billing, with special attention to the lines of capitalization, auto/p&c and health, and lower costs with variations of technical provisions. In comparison with the 2Q17, the growth stems from lower costs with commercialization and variations of technical provisions, which compensated the lower billing for the period. Operating Expenses (Personnel and Administrative) 3,408 3, % 0.6% 45.5% 2.9% 9,865 9,639 9, % 0.1% 19,541 19,559 9,789 9, % 14, % 15,950 4,967 4,829 4,927 4,898 4,810 4,993 9,752 9, % 7,496 7,831 8,119 Fee and Commission Income Checking Account Holders - million The positive sequence of the performance of our revenues from services is observed in virtually all the lines, with emphasis on the revenues with underwriting / financial advisory services, loans, consortium management, cards, custody and brokerage services, checking account and asset management. It is worth highlighting that this sequence of good results is related to the synergy gains resulting from the acquisition of HSBC Brasil and the increase in the volume of operations, reflecting the greater offer of products and services to the clients. Administrative Expenses Personnel Expenses Personnel Expenses the increase of expenses in the quarter reflects the higher expenses with payroll and social charges, arising from the lower concentration of holidays in 2Q18, and higher expenses on training. In comparison with the 2Q17, the reduction stems from the adjustments implemented, among which we highlight the effects of the Special Voluntary Severance Program Scheme PDVE, which began in August 2017, and the gains of synergies arising from the acquisition of HSBC Brasil. Administrative Expenses the increase in expenses in the periods reflects the greater volume of business and services and higher expenses with advertising and marketing. The adjustments made, mainly, in expenses on transportation, security and surveillance, communication, rent, materials and financial system services, are evident in comparison to the 2Q17 and reflecting the synergies of the acquisition of HSBC Brasil and the strategy for optimization of points of service. Banco Bradesco 7

6 Summarized of Recurring Income Expanded Loan Portfolio June18 Mar18 June17 Delinquency Ratio over 90 days Variatio n % June18 x M ar18 June18 x June17 Companies 332, , , Large Corporates 237, , , Micro, Small and Medium-Sized Enterprises 94,950 91,924 92, Individuals 182, , , Payroll-deductible Loans 46,593 45,281 41, Real Estate Financing 35,618 34,396 32, Credit Card 33,606 32,982 33, CDC / Vehicle Leasing 22,167 21,584 19, Personal Loans 18,490 17,581 17, Other 26,343 25,990 27, (4.9) Expanded Loan Portfolio 515, , , % Effective Coverage Ratio % % 36% June18 46% 36% Mar18 35% 45% June17 19% 19% 46% Micro, Small and Medium- Sized Enterprises Large Corporates Individuals Sept16 Dec Mar17 June Sept Dec Mar18 June Individuals Micro, Small and Medium-Sized Enterprises Total Large Corporates The delinquency ratio showed improvement for the fifth consecutive quarter, reflecting the better quality of the new captures and adjustments in the credit granting and credit recovery processes. Special highlight to the strong improvement in the segments of micro, small and medium-sized enterprises and individuals, that were benefitted also by the change of mix in the portfolio, which occurred during the periods. In this quarter, we had a reduction of delinquency in large corporates, after three quarters of highs. Since the peak of total delinquency in March 2017, our index reduced by 1.7 p.p.. NPL Creation 90 days vs. Write-offs Sept16 Dec Mar17 June Sept Dec Mar18 June Net losses in 12 months (B) E-H Non-Performing Loans Total Provision (A) Effective Coverage Ratio (A/B) (1) Accompanying the constant improvement of the delinquency ratio and the sequential reduction in the origination of credits in arrears (NPL Creation), the net loss of recoveries estimated for June 2018 point to 3.1%, resulting in a effective coverage ratio of 300%. (1) As of March 2017, it includes the provision for guarantees provided. 3.1 In a sequence of drops, the NPL Creation presented its lowest level in eleven quarters, a behavior that reflects the strengthening of the policy and procedures for granting credit and credit recovery. 1.9% 1.8% 1.8% 1.6% 1.3% 1.4% 1.4% 1.4% 1.4% 1.2% 1.0% 7,402 8,180 6,963 6,246 6,732 6,695 6,780 4,908 5,028 4,990 5,356 5,934 5,200 4,997 5,118 5,443 5,363 4,892 3,947 4,434 4,396 3,904 4Q15 1Q16 2Q 3Q 4Q 1Q17 2Q 3Q 4Q 1Q18 2Q NPL Creation - 90 days Write-offs NPL Creation - 90 days / Loan Portfolio (Bacen) 8

7 Main Economic Indicators Main Indicators (%) 2Q18 1Q18 2Q17 1H18 1H17 Interbank Deposit Certificate (CDI) Ibovespa (14.76) (3.21) (4.76) 4.44 USD Commercial Rate General Market Price Index (IGP-M) (2.67) 5.40 (1.95) Extended Consumer Price Index (IPCA) Business Days (#) Calendar Days (#) Indicators (Closing Rate) USD Commercial Selling Rate - (R$) EMBI+ (Emerging Markets Bond Index Plus) Selic - Base Interest Rate (% p.a.) BM&F Fixed Rate (% p.a.) Bradesco's Projections up to 2020 % USD - Commercial Rate (year-end) - R$ Extended Consumer Price Index (IPCA) General Market Price Index (IGP-M) Selic (year-end) Gross Domestic Product (GDP) Guidance Perspectives for 2018 Previous Revised x Realized 1H18 x 1H17 Expanded Loan Portfolio 3% to 7% 3% to 7% 4.5% NII - Interest-Earning Portion -4% to 0% -4% to 0% -3.8% Fee and Commission Income 4% to 8% 4% to 8% 6.9% Operating Expenses (Administrative and Personnel Expenses) -2% to 2% -2% to 2% 0.1% Insurance Premiums 4% to 8% 2% to 6% -1.8% Expanded ALL R$16 bi to R$19 bi R$13 bi to R$16 bi R$7.3 bi (Realized 1H18) x As a consequence of the significant improvement of the delinquency indicators and the quality of new credits, we reviewed and reduced our initial perspectives for the expenses with provisions of credit. Regarding the insurance premiums, the review is in line with the change of perspectives of the insurance market. This Economic and contains forward-looking statements related to our business. Such statements are based on current expectations, estimates and projections of management about future events and financial trends affecting 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. Banco Bradesco 9

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