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.  

 .

Summary

Message from the Chairman of the Board of Directors and from the Chief Executive Officer

Cidade de Deus, Osasco, SP, September 5, 2016

Dear shareholders,

We invite you to attend the Special Shareholders’ Meeting  of Banco Bradesco S.A. ("Bradesco"), to be held on October 7, 2016, at 5:00 p.m., at our headquarters, in the Núcleo Cidade de Deus, Prédio Vermelho, Salão Nobre do 5 ^o andar, Vila Yara, Osasco, SP.

Last July, we had the pleasure to announce to you the completion of the transaction for the acquisition of the entire capital of HSBC Bank Brasil S.A. - Banco Múltiplo (HSBC Bank) and HSBC Serviços e Participações Ltda., which began in the second half of 2015.

In compliance with our administrative plan, we decided to propose the absorption of a portion of the equity of HSBC Bank, a wholly-owned subsidiary of Bradesco, through a partial spin-off, in order to achieve improved results in terms of operational rationalization, competitiveness and productivity, as well as reducing administrative costs.

If the transaction is approved, HSBC's technologic integration in Bradesco will start on October 7, 2016, and current customers of HSBC will have access to their accounts in Bradesco on October 8, 2016, being served as usual and counting with all products, services and facilities offered by us. The approval also matter in subsequent replacement of the HSBC brand in its service network, which will become Bradesco.

In addition, proposals for the partial amendment to our bylaws will also be subject to your analysis and vote, regarding the wording of Articles providing for: i) the composition of Bradesco's Executive Board; ii) age limit to exercise the position of Chief Executive Officer; and iii) the operation of Bradesco Organization’s Ombudsman.

Finally, we inform you that you will find in this manual all the documentation required by law and the necessary guidelines for the analysis and exercise of the right to vote on the matters listed in the Call Notice for the Meeting called herein.

We remain at your disposal to provide any further clarification that you may require.

Kind regards,

Information on General Meetings

Bradesco’s General Meetings are called and installed in accordance with the law and the Bylaws.

The shareholders gathered at a General Meeting have the power to decide on all matters related to the Company's purpose and to take the decisions they deem appropriate for its protection and development. This subject is covered in Chapter XI (Articles 121 to 137) of Law No 6404/76.

Thus, the Call Notice being released today, and that is also part of this Manual, summons the shareholders to resolve on the Management's proposals for: 1) the absorption of the portion of HSBC Bank's equity, a wholly-owned subsidiary of Bradesco; and 2) the partial amendment to the Company's Bylaws. Both proposals will be subject to the approval by the Brazilian Central Bank.

The documentation related to the Meeting, part of this Manual, is at the disposal of the shareholders at our Market Relations Department, at the Núcleo Cidade de Deus, Prédio Vermelho, 3º andar, Vila Yara, Osasco, SP, and can also be consulted on the following websites:

Bradesco www.bradesco.com.br - Investor Relations - Corporate Governance - Shareholders

BM&FBOVESPA  www.bmfbovespa.com.br

CVM www.cvm.gov.br

Quorum for the holding of the Meeting

Regarding item 1 of the Agenda of the General Meeting called today, the provisions of Article 125 of Law No.  6404/76 must be observed, according to which the quorum for the holding of the Meeting, on first call, is of 1/4 (one fourth) of the capital stock with voting rights, and on second call, with any number.

Regarding item 2 of the Agenda, pursuant to Article 135 of Law No. 6404/76, the General Meeting to resolve on the amendments to the Bylaws shall be installed on first call, with the presence of shareholders representing at least two thirds (2/3) of the capital stock with voting rights and, on second call, will be installed with any number.

In view of this, during the opening of the works of Bradesco's Special Shareholders’ Meeting  on October 7, 2016, if not verified the presence of two thirds (2/3) of the shareholders with voting rights, only item 1 of the Agenda will be resolved on. In this case, the presence of at least 1/4 (one fourth) of the shareholders with voting rights must be verified.

Quorum for the Resolutions

Under Article 129 of Law No. 6404/76, the resolutions are taken by a majority vote, without computing blank votes.

Exercise of Voting Rights

Holders of preferred shares

Holders of preferred shares will not have voting rights; however, they may attend the General Meeting and discuss the matters submitted for deliberation.

Holders of common shares

Holders of common shares are entitled to vote on all matters listed on the Agenda.

Holders of American Depositary Receipts (ADRs)

Only holders of American Depositary Receipts (ADRs) backed by common shares will be granted voting rights.

Participation in the General Meeting

Attendance in person

According to the provisions of Article 126 of Law No. 6404/76, holders of common and preferred shares that attend the venue may attend the Meeting, provided that they have, in addition to the identity card, a proof of ownership of the Company's shares, issued by the depositary and/or custodian financial institution.

The management recommends that such proof is issued in up two (2) working days before the date set for the said Meeting.

Shareholders who are legal entities, such as commercial companies and investment funds, shall be represented in accordance with their bylaws, Articles of Incorporation or regulation, delivering the documents proving the regularity of the representation, accompanied by the minutes of the election of the executive officers, if applicable, at the place and time indicated in the item below.

Prior to installing the General Meeting, the shareholders shall sign the Attendance Book.

Participation by proxy

Optionally, shareholders may also be represented by a proxy appointed less than a year ago, as long as the proxy is a shareholder, an executive officer of Banco Bradesco S.A., a lawyer or a financial institution. It is the responsibility of the manager of the investment funds to represent their investors, in accordance with the provisions of Paragraph One, Article 126 of Law No. 6404/76. In the case of proxy granted in the country, it must mandatorily include the notarized signature of the grantor. We also observe that corporate shareholders may be represented in accordance with their Bylaws/Articles of Incorporation.

In order to assist the shareholders, the Model of Power of Attorney in this Guide may be used. In this case, the proxy shall vote strictly observing the instructions contained in the respective powers of attorney.

Alternatively, the shareholders may also grant different powers of attorney from the one suggested here, provided that they are in accordance with the provisions of Law No. 6404/76 and the Brazilian Civil Code.

When the shareholder is represented by proxy, the regularity of the proxy must be examined before the beginning of the General Meeting.

Thus, in order to speed up the process and facilitate the works of the Meeting, the proof of ownership of shares and the power of attorney may, at the shareholder's discretion, be deposited at the Company's headquarters, preferably, two (2) business days before the date set for the General Meeting, at Banco Bradesco S.A. - General Secretariat - Corporate Area - Núcleo Cidade de Deus - 4^o andar of the Prédio Vermelho - Vila Yara - Osasco, SP - CEP 06029-900. A copy of the documentation may also be sent via email, to governancacorp@bradesco.com.br.

Before sending the power of attorney drawn up in a foreign language, the shareholder must provide, first, its translation into Portuguese and, later, file it at the Registry of Deeds and Documents.

The documentation related to the Meeting, part of this Manual, is available at our Market Relations Department, at the Núcleo Cidade de Deus, Prédio Vermelho, 3º andar, Vila Yara, Osasco, SP, and can also be consulted on the following websites:

Bradesco www.bradesco.com.br - Investor Relations - Corporate Governance - Shareholders

BM&FBOVESPA  www.bmfbovespa.com.br

CVM www.cvm.gov.br

Call Notice

Banco Bradesco S.A.

Corporate Taxpayer's ID (CNPJ) No. 60.746.948/0001-12 - State Registry (NIRE) 35.300.027.795

Publicly-Held Company

Special Shareholders’ Meeting  

Call Notice

We invite the shareholders of this Company to gather together in the Special Shareholders’ Meeting, on October 7, 2016, at 5 p.m., at our headquarters, in the Núcleo Cidade de Deus, Prédio Vermelho, Salão Nobre do 5^o andar, Vila Yara, Osasco, SP, in order to examine the Board of Directors' proposals to:

1)        absorb part of the equity of HSBC Bank Brazil S.A. - Banco Múltiplo (HSBC Bank), a wholly-owned subsidiary of the Company, in accordance with the provisions of Articles 224, 225 and 229 of Law No. 6404/76, upon: a) the analysis of the Protocol and Justification of Partial Spin-off with the Transfer of Portions of the Equity of Existing Companies; b) the ratification of the appointment of experts and the approval of the Appraisal Report of the net equity's portion of HSBC Bank to be transferred to Banco Bradesco S.A. (Bradesco); and c) approval of the transfer of the portion of the equity of HSBC Bank to Bradesco, with HSBC Bank's technological integration into Bradesco and the consequent replacement of HSBC brand in its service network, which will become Bradesco; and

2)        to partially amend the Bylaws in:

2.1) the caput and Paragraph One of Article 12, dealing with the composition of the Board of Executive Officers;

2.2) Sole Paragraph of Article 18, improving its wording and increasing the age to exercise the position of Chief Executive Officer from less than 65 to less than 67 years, on the election date; and

Voting Rights and Participation in the Meeting

Holders of preferred shares have no voting rights. However, they may attend the General Meeting and discuss the matters submitted for deliberation. Holders of common shares are entitled to vote on all matters listed on the Agenda. Under Article 126 of Law No. 6404/76, as amended, to attend and vote at the General Meeting, the shareholders must note that:

·      in addition to their identity card, they must also present proof of ownership of the Company's shares issued by the custodian; for the holders of registered shares held in custody at Bradesco, the presentation of such proof is waived;

·      if unable to attend the General Meeting, the shareholder may be represented by a proxy appointed less than a year ago, as long as the proxy is a shareholder, an executive officer of Bradesco, a lawyer

or a financial institution; In the case of proxy granted in the country, it must mandatorily include the notarized signature of the grantor;

·      before sending the power of attorney drawn up in a foreign language, the document must be translated into Portuguese and its translations must be filed at the Registry of Deeds and Documents.

Documents available to the shareholders: all legal documents and additional information necessary for the analysis and exercise of voting rights are available to the shareholders at the Market Relations Department, at the Núcleo Cidade de Deus, Prédio Vermelho, 3º andar, Vila Yara, Osasco, SP, and on the websites www.bradesco.com.br – Investor Relations – Corporate Governance – Shareholders; BM&FBOVESPA (www.bmfbovespa.com.br) and/or CVM (www.cvm.gov.br).

Any clarifications can be obtained at the website of Investor Relations - www.bradesco.com.br/ri - Corporate Governance, at Bradesco's network of branches or through the e-mail governancacorp@bradesco.com.br.

Cidade de Deus, Osasco, SP, September 5, 2016.

Lázaro de Mello Brandão

Chairman of the Board of Directors

Proposal to absorb a portion of the equity of HSBC Bank Brasil S.A. – Banco Múltiplo, a wholly-owned subsidiary of the Company

“Dear shareholders,

The Board of Directors of Banco Bradesco S.A. (Bradesco) hereby submits to you proposal to absorb part of the equity of HSBC Bank Brazil S.A. - Banco Múltiplo (HSBC Bank), a wholly-owned subsidiary of the Company, in accordance with the provisions of Articles 224, 225 and 229 of Law No. 6404/76, upon: a) the analysis of the Protocol and Justification of Partial Spin-off with the Transfer of Portions of the Equity of Existing Companies; b) the ratification of the appointment of experts and the approval of the Appraisal Report of the net equity's portion of  HSBC Bank to be transferred to Bradesco; and c) approval of the transfer of the portion of the equity of HSBC Bank to Bradesco, with HSBC Bank's technological integration into Bradesco and the consequent replacement of HSBC brand in its service network, which will become Bradesco.

The operation:

·        aims to promote a corporate restructuring with the following goals: (i) to segregate, redirect and consolidate assets and liabilities of HSBC Bank to Bradesco, Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil, implementing the integration of operating platforms; (ii) to promote synergy between ongoing businesses and operations, with the consequent optimization and rationalization of operating and administrative costs; (iii) to preserve the continuity of HSBC Bank with the continuation of its activities for efficiency operational reasons; 

·      once approved, it will follow the terms and features listed in the "Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies entered into between HSBC Bank Brasil S.A. – Banco Múltiplo, Banco Bradesco S.A., Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil”

********

For additional information, see the Protocol .

Protocol and Jusification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies entered into between HSBC Bank Brasil S.A. – Banco Múltiplo, Banco Bradesco S.A., Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil

The following is the full translation of the Protocol:

“Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies entered into between HSBC Bank Brasil S.A. – Banco Múltiplo, Banco Bradesco S.A., Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil

“HSBC Bank Brasil S.A. - Banco Múltiplo, with headquarters at Oliveira Bello, 34, 4^o andar, Centro, in the city of Curitiba, state of Paraná, inscribed in the roll of corporate taxpayers (CNPJ) under no. 01.701.201/0001-89 and in the corporate registry (NIRE) under no. 41.300.015.341, hereinafter designated as HSBC Bank; Banco Bradesco S.A., with headquarters at Núcleo Cidade de Deus, 4^o andar, Prédio Vermelho, Vila Yara, in the city of Osasco, state of São Paulo, CEP 06029-900, CNPJ no. 60.746.948/0001-12 - NIRE no. 35.300.027.795, hereinafter designated as Bradesco; Banco Bradesco Cartões S.A., with headquarters at Núcleo Cidade de Deus, Prédio Prata, 4^o andar, Vila Yara, in the city of Osasco, state of São Paulo, CEP 06029-900, CNPJ no. 59.438.325/0001-01, NIRE no. 35.300.120.990, hereinafter designated as Bradesco Cartões; and Bradesco Leasing S.A. - Arrendamento Mercantil, with headquarters at Núcleo Cidade de Deus, Prédio Prata, 2^o andar, Vila Yara, in the city of Osasco, state of São Paulo, CNPJ no. 47.509.120/0001-82, NIRE no. 35.300.151.381, hereinafter designated as Bradesco Leasing, all of which represented by their Executive Officers, Messrs. Domingos Figueiredo de Abreu, Brazilian, married, banker, bearer of ID document (RG) no. 6.438.883-9/SSP-SP, inscribed in the roll of individual taxpayers (CPF) under No. 942.909.898/53, and Marcelo de Araújo Noronha, Brazilian, married, banker, RG no. 56.163.018-5/SSP-SP, CPF No. 360.668.504/15, both of whom domiciled at Núcleo Cidade de Deus, Vila Yara, in the city of Osasco, state of São Paulo, CEP 06029-900, pursuant to Articles 224, 225 and 229 of Law 6404/76, hereby execute this present Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies, through which the Partial Spin-Off of the Net Equity of HSBC Bank, with the merger of the spun-off portions by Bradesco, Bradesco Cartões and Bradesco Leasing, replacing HSBC Bank, will be submitted to the shareholders of the Companies, at Special Shareholders’ Meetings to be held on October 7, 2016. The transaction, once authorized, shall comply with the following clauses and conditions:

I.                    aims to promote a corporate restructuring with the following goals: (i) to segregate, redirect and consolidate assets and liabilities of HSBC Bank to Bradesco, Bradesco Cartões e Bradesco Leasing; (ii) to promote synergy between ongoing businesses and operations, with the consequent optimization and rationalization of operating and administrative costs; (iii) to preserve the continuity of HSBC Bank with the continuation of its activities for operational reasons;

II.                  will ratify the appointment of KPMG Auditores Independentes, with headquarters in the city of Osasco, state of São Paulo, at Avenida Dionysia Alves Barreto, 500, 10^o andar, CNPJ no.  57.755.217/0022-53, registered with the Regional Accounting Council (CRC) under no.  2SP028567/O-1 F-SP, as the appraiser of the Net Equity of HSBC Bank on the base date of July 31, 2016;

III.                will become effective on October 7, 2016, with the Net Equity of HSBC Bank having been appraised at the book value of  R$7,713,126,737.21 (seven billion, seven hundred and thirteen million, one hundred and twenty-six thousand seven hundred and thirty-seven reais and twenty

one cents) and the spun-off portion of its assets, to be transferred to Bradesco, Bradesco Cartões and Bradesco Leasing, will correspond, respectively, to R$12,657,840.06 (twelve million, six hundred fifty-seven thousand, eight hundred and forty reais and six cents), R$17,877,851.26 (seventeen million, eight hundred seventy-seven thousand, eight hundred and fifty-one reais and twenty-six centavos) and R$22,267,291.29 (twenty-two million, two hundred sixty-seven thousand, two hundred ninety-one reais and twenty-nine cents);

IV.               the equity changes verified in HSBC Bank between the base date of July 31, 2016 and the effective date of the operation (October 7, 2016), will integrate its accounts movements and will be transferred, on the date of the event, in proportion and relation to each spun-off portion, to Bradesco, Bradesco Cartões and Bradesco Leasing;

V.                 the equity movements between the abovementioned companies involved in this corporate operation will not involve any exchange with third parties, given that HSBC Bank, Bradesco Cartões and Bradesco Leasing are 100% (one hundred per cent) controlled by Bradesco. Thus, there is no need to speak of dissenting shareholders or withdrawal of rights of shareholders of the demerged company due to the transaction, also not being applicable the provisions of Article 264 of the Brazilian Corporations Law and Article 8 of CVM Instruction No. 565/15;

VI.                the operation having been approved, there will be:

a)      reduction of the Equity of HSBC Bank in the amount of R$52,802,982.61 (fifty-two million, eight hundred and two thousand, nine hundred and eighty-two reais and sixty-one cents), R$156,483,922.70 (one hundred fifty-six million, four hundred and eighty-three thousand, nine hundred and twenty-two reais and seventy cents) in the "Capital" account, without the cancellation of shares, offset by the outstanding balance of R$103,680,940.09 (one hundred and three million, six hundred eighty thousand, nine hundred and forty reais and nine cents) recorded in the "Equity Appraisal Adjustments" section. The said reduction of the share capital of HSBC Bank, in the amount of R$156,483,922.70 (one hundred fifty-six million, four hundred and eighty-three thousand, nine hundred and twenty-two reais and seventy cents) changes the share capital, going from R$10,299,759,603.73 (ten billion , two hundred ninety-nine million, seven hundred fifty nine thousand, six hundred and three reais and seventy-three cents) to R$10,143,275,681.03 (ten billion, one hundred forty and three million two hundred and seventy-five thousand, six hundred eighty-one reais and three cents), with the consequent amendment to the head of Article 6 of the Bylaws, which will become effective with the following wording: "Article 6) The share capital is of R$10,143,275,681.03 (ten billion, one hundred forty-three million, two hundred and seventy-five thousand, six hundred and eighty-one reais and three centavos), divided into 3,264,924,827 (three billion, two hundred sixty-four million, nine hundred and twenty-four thousand, eight hundred and twenty-seven) common, registered, book-entry shares with no par value."

Consequently, the corresponding merger of the spun-off portions of the Equity of HSBC Bank:

                                       i.     will not produce any effect on the Equity of Bradesco, given that HSBC Bank is its wholly-owned subsidiary, and is therefore 100% reflected in the "Investment" section of Bradesco;

                                     ii.     that will be absorbed by Bradesco Cartões and Bradesco Leasing shall be deducted from the "Investment" held by Bradesco in HSBC Bank and added to the value of the "Investment" that Bradesco holds, respectively, in Bradesco Cartões and Bradesco Leasing, as the sole shareholder of listed Companies;

b)      increase in the share capital of Bradesco Cartões, in the amount of R$17,877,851.26 (seventeen million, eight hundred seventy-seven thousand, eight hundred fifty-one reais and twenty-six cents), going from R$1,210,000,000.00 (one billion, two hundred and ten million reais) to R$ 1,227,877,851.26 (one billion two hundred and twenty-seven million, eight hundred and seventy-seven thousand, eight hundred fifty-one reais and twenty-six cents), by issuing 15,988,491 new shares, being 7,994,246 common shares and 7,994,245 preferred shares, considering the value of the equity per share of R$1,118169957, with a consequent change in the head of Article 6 of the Bylaws, which will take effect as follows: "Article 6) The Share Capital is of R$1,227,877,851.26 (one billion two hundred and twenty-seven million, eight hundred and seventy-seven thousand, eight hundred fifty-one reais and twenty-six cents) divided into 2,319,754,028 (two billion, three hundred and nineteen million, seven hundred and fifty-four thousand and twenty-eight) registered book-entry shares with no par value, with 1,159,877,015 (one billion, one hundred fifty-nine million, eight hundred and seventy-seven thousand and fifteen) common shares and 1,159,877,013 (one billion, one hundred fifty-nine million, eight hundred and seventy-seven thousand and thirteen) preferred shares".;

c)      increase in the share capital of Bradesco Leasing in the amount of R$22,267,291.29 (twenty-two million, two hundred sixty-seven thousand, two hundred ninety-one reais and twenty-nine cents), going from R$2,290,000,000.00 (two billion, two hundred ninety million reais) to R$2,312,267,291.29 (two billion, three hundred and twelve million, two hundred sixty-seven thousand, two hundred ninety-one reais and twenty-nine centavos) through the issuance of 163 new shares considering the value of equity per share of R$135,988.072068141, with the consequent amendment to the head of Article 6 of the Bylaws, which will become effective with the following wording: "Article 6) The Share Capital is of R$2,312,267,291.29 (two billion, three hundred and twelve million, two hundred and sixty-seven thousand, two hundred and ninety-one reais and twenty-nine centavos), divided into 23,585 (twenty-three thousand, five hundred and eighty-five) registered book-entry common shares with no par value”.;

VII.              as explained in the letter "a" of Item VI, the partial spin-off of HSBC Bank will not result in the cancellation of shares of its share capital, which will continue to be wholly owned by Bradesco, as its sole shareholder;

VIII.           the shares of Bradesco Cartões and Bradesco Leasing, issued as a result of the absorption of part of the equity of HSBC Bank, to be assigned to Bradesco, sole shareholder of HSBC Bank, will be fully entitled to the same rights and/or benefits guaranteed to common and/or preferred shares currently existing, including dividends and/or interest on capital that may be declared from the date of the General Meetings of HSBC Bank, Bradesco Cartões and Bradesco Leasing approving the transaction, whose payment shall be made after the approval of the respective

processes by the Central Bank of Brazil. They will also be fully entitled to any eventual benefits attributed to the other shares as of that date (October 7, 2016);

IX.                Bradesco, Bradesco Cartões and Bradesco Leasing will assume all the rights and obligations of HSBC Bank whichever the case, arising from, proportionally and directly related to the goods, rights and obligations corresponding to the portions merged as a result of the spin-off, individually or with HSBC Bank, pursuant to the Sole Paragraph of Article 233 of Law No. 6404/76. The responsibility, limited to each spun-off portion, will be assumed by Bradesco, Bradesco Cartões and Bradesco Leasing, relative to any existing obligations of HSBC Bank, or subsequently imposed on it, known or not, independently of any other corporate restructuring already occurred, including and primarily fiscal, tax, labor, civil and social security obligations arising from facts generated up to October 7, 2016, the date of the partial spin-off, as well as any and all rights already known or that come to be known;

X.                  the transaction will be submitted for approval of the Central Bank of Brazil and, subsequently, registered with the State Registries of Commerce of Paraná and São Paulo;

XI.                are an integral part of this Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies:

a)       Appraisal Report of the Book Value of HSBC Bank, including, as an attachment, its Balance Sheet on the base date of July 31, 2016, with the respective statements of the portions to be spun off

b)       Descriptive memorandum of the properties belonging to HSBC Bank to be transferred to Bradesco as part of the spun-off portion merged by the latter".

********

The Evalution Report composes its Manual, as of page 125, and it can also be visualized on the following websites:

To see the Report, access the following websites:

CVM         www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Information on Regulated Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. > Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting  of October 7, 2016

The description memorandum of buildings is available in this Manual.

Appendix 20-A required by CVM Instruction No. 481 of December 17, 2009

1.      Protocol and justification of the operation, pursuant to articles 224 and 225 of Law 6,404, of 1976

See Protocol.

2.      Other agreements, contracts and preliminary contracts regulating the exercise of voting rights or the transfer of shares issued by companies that result from or continue to exist after the operation, filed at the company’s headquarters or in which the company’s controlling shareholder is a party

Not applicable.

3.      Description of the operation, including:

a)        Terms and conditions

See Protocol.

b)        Obligations to indemnify:

i.          Managers of any of the companies involved

Not applicable.

ii.        If the transaction fails to materialize

Not applicable.

c)         Table comparing the rights, advantages and restrictions of the shares of companies involved in or resulting from the operation, before and after the operation

The merger of the spun-off portions of HSBC Bank's equity will not cause any change to the rights granted to the shares of the companies involved in the transaction, which are as follows:

d)        Eventual need for approval by debenture holders or other creditors

Not applicable.

e)        Assets and liabilities that will compose each portion of the shareholders’ equity, in case of a spin-off

See Report prepared by KPMG Auditores Independentes which is part of the Protocol and Justification of the Partial Spin-Off with the Transfer of Portions of the Equity in Existing Companies, which is available to the shareholders from this date, on the websites listed below, in accordance with the Official Letter/CVM/SEP/Nº02/2015:

CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. >  Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting  of October 7, 2016 

f)          Intention of the resulting companies to obtain registration as an issuer of securities

Not applicable.

4.               Plans for conducting the corporate operations, notably regarding specific corporate events which the company intends to promote

There is no specific corporate action intended to be promoted with the companies involved in the transaction after the transfer of the portions of the equity of HSBC Bank.

5.      Analysis of the following aspects of the operation:

a)        Description of the main benefits expected, including:

i.               Synergies

The partial spin-off of HSBC Bank with the merger of the spun-off portions by Bradesco, Bradesco Cartões and Bradesco Leasing will bring several synergies, including: consolidating assets and liabilities under the management of HSBC Bank to Bradesco, Bradesco Cartões and Bradesco Leasing; optimize and streamline operational and administrative costs; enable the transfer of interest in other investees from HSBC Bank to Bradesco, in order to subsequently allocate them to the corresponding business segment in Bradesco Organization’s corporate structure.

We specified some anticipated synergies in more details below:

Branches

It is estimated that the merger of the portion of HSBC Bank will provide synergy in the administrative expenses of the branch network, the main ones being:

•   Transport of values: unified logistics;

•   ATM network: adequacy of logistics and maintenance;

•   Development of systems: unification of systems;

•   Data communication and sharing of lines;

•   Review and renegotiation of agreements in general.

Customers

Bradesco has a large portfolio of products and services that will be available to customers from HSBC Bank, enabling an increase in the relationship with these customers.

Administrative Expenses

Data Processing

Bradesco may use its surplus processing capacity to also meet the acquired operation, enabling scale gains. In addition, some processes currently being operated by HSBC Bank may no longer be executed.

Information Technology (IT)

The unification of systems and communication lines will lead to a significant synergy of expenses.

Third Party and Specialized Technical Services

With the estimated scale gain benefits, the administrative service expenses, such as audit and consulting and agreement renegotiations, will be diluted by integrated hiring with Bradesco.

Marketing and Advertising

Discontinuity of institutional communication and products of HSBC Bank.

ii.             Tax benefits

With the unification of the structures, the main object of the operation, Articles 20, 21 and 22 of Law No. 12,973/14 will be complied with.

iii.           Strategic advantages

The Transaction

The advantages of the partial spin-off of HSBC Bank with the merger of the spun-off portions by Bradesco, Bradesco Cartões and Bradesco Leasing will arise from the allocation of activities currently developed at HSBC Bank in companies of the Bradesco Organization that effectively develop these activities (Bradesco, Bradesco Cartões and Bradesco Leasing), consequently rationalizing and reducing operating, administrative and legal costs.

The operation reinforces the presence of Bradesco's brand throughout the country, providing a greater degree of adaptation to a dynamic and highly competitive market.

The merger of the portion of HSBC Bank by Bradesco will allow the absorption of HSBC Bank branches already mature, established and fully operational.

With the acquisition of HSBC Bank, the portion of investments allocated for its expansion will be redirected to the adequacy of HSBC Bank branches.

Service Points (PAs)

HSBC Bank's PAs are mostly located in large companies to provide services to employees in payroll agreements. Bradesco intends to maintain these structures.   

Bank Correspondents

Bradesco is one of the leaders among private banks, owning more than 50,000 PAs in the country. All the know-how acquired by Bradesco in this service model will be transferred to correspondents who are currently linked to HSBC Bank, further democratizing the offerings of products and services, especially for the lower income audience.

Customers

Bradesco has the opportunity to take advantage of a significant number of high-income customers (Premier and Advance segment of HSBC Bank), converging with its strategy to expand its performance in this customer segment.

Bradesco believes that the merger of the portion of HSBC Bank and, consequently, of HSBC's branches and customers will add several benefits to customers of both banks, such as:

·      Expansion of the service network (branches, Pas, bank correspondents, ATMs);

·      Greater diversity of products and services offered (investment fund, cards and insurance, among others);

·      Use of the best solutions of each bank in digital channels (mobile and Internet);

·      Gains in scale and productivity

b)        Costs

The costs incurred in the operation refer to lawyers’ and independent auditors’ fees, as well as migration costs (the integration of operating platforms), in the approximate amount of R$248 million

c)         Risk factors

·         Possible loss of customers due to the migration between banks;

·         Not being able to carry out all the synergies planned in the business;

·         Possible change in the tax law that hinders the use of the transaction tax benefits;

·         Failure to comply with any item of the agreements with regulatory agencies;

·         Loss of transactions with large corporate customers arising from HSBC Bank due to the eventual excessive risk exposure of Bradesco with these customers.

d)        In case of a transaction with related parties, eventual alternatives that could have been used to attain the same goals, indicating the reasons why these alternatives were discarded

Not applicable, as all companies involved in the transaction are wholly-owned subsidiaries of Banco Bradesco S.A.

e)        Replacement ratio

Not applicable, as all companies involved in the transaction are wholly-owned subsidiaries of Banco Bradesco S.A.

f)          In the operations involving parent companies, subsidiaries or companies under joint control

i.          Share replacement ratio calculated in accordance with article 264 of Law 6,404, of 1976;

Not applicable.

ii.        Detailed description of the process for negotiating the replacement ratio and other terms and conditions of the operation

Not applicable.

iii.      If in the last 12 months prior to the operation an acquisition of control or an acquisition of interest in the controlling block was held:

·                Comparative analysis between the replacement ratio and the price paid in the acquisition of control

On July 1, 2016, Bradesco acquired 100% of the capital of HSBC Bank and HSBC Serviços e Participações Ltda., as the details contained in the material facts of August 3, 2015 and July 1, 2016. There is no exchange ratio in the spin-off transaction of HSBC Bank with incorporation of the spun-off portion.

·                Reasons that justify any differences in the assessment in different operations

The transaction now examined is being carried out through the criterion of book value and involves companies 100% owned by Bradesco; therefore, this item becomes not applicable.

iv.      JJustification of why the replacement ratio is commutative, with the description of the procedures and criteria adopted to ensure the commutativity of the operation or, if the replacement ratio is not commutative, detail of the payment or equivalent measures adopted to ensure adequate compensation.

Not applicable.

6.               Copy of the minutes of all meetings of the board of directors, fiscal council and special committees where the operation was discussed, including eventual dissenting votes

See the transcription of the Minutes of the Board of Directors' Meeting of September 5, 2016

See the transcription of the Minutes of the Fiscal Coulcil's Meeting of September 5, 2016

7.               Copy of studies, presentations, reports, opinions or appraisal reports of the companies involved in the operation made available to the controlling shareholder in any step of the operation

See Report prepared by KPMG Auditores Independentes which is part of the Protocol and Justification of the Partial Spin-Off with the Transfer of Portions of the Equity in Existing Companies, which is available to the shareholders from this date, on the websites listed below, in accordance with the Official Letter/CVM/SEP/Nº02/2015:

CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. > Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting of October 7, 2016 

7.1. Identification of eventual conflicts of interest between the financial institutions, companies and professionals who prepared the documents mentioned in item 7 and the companies involved in the operation

There is no conflict of interest between the financial institutions and the professionals who drafted the transaction's documents.

8.      Projects of bylaws or amendments to the bylaws of  companies resulting from the operation

The only corporate changes resulting from the transaction will be related to the capital increase of Bradesco Cartões and Bradesco Leasing and to the capital reduction of HSBC Bank, as described in the Protocol. The transaction will not result in any change to Bradesco's Bylaws.

9.      Financial statements used for the purposes of the operation, pursuant to the specific regulation

See Report prepared by KPMG Auditores Independentes which is part of the Protocol and Justification of the Partial Spin-Off with the Transfer of Portions of the Equity in Existing Companies, which is available to the shareholders from this date, on the websites listed below, in accordance with the Official Letter/CVM/SEP/Nº02/2015:

CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. > Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting of October 7, 2016 

10.  Pro forma financial statements prepared for the operation, pursuant to the specific regulation

See Report prepared by KPMG Auditores Independentes which is part of the Protocol and Justification of the Partial Spin-Off with the Transfer of Portions of the Equity in Existing Companies, which is available to the shareholders from this date, on the websites listed below, in accordance with the Official Letter/CVM/SEP/Nº02/2015:

CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. > Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting of October 7, 2016 

11.  Document including information on the companies directly involved and which are not publicly-held companies, including

a)                  Risk factors, pursuant to the terms of items 4.1 and 4.2 of the reference form

See information on the matter Risk factors related to HSBC Bank Brasil S.A. - Banco Múltiplo

See information on the matter Risk factors related to Banco Bradesco Cartões S.A.

Bradesco and Bradesco Leasing are publicly-held companies, which is why their risk factors are included in their respective Reference Forms.

b)                 Description of the main changes to risk factors in the previous fiscal year and prospects regarding a reduction or increase in risk exposure resulting from the operation, pursuant to item 5.4 of the reference form

In the case of HSBC Bank, the transaction will reduce its risk exposure, given that a major part of its operations will be transferred to Bradesco.

Bradesco Cartões and Bradesco Leasing may eventually suffer some increase in risk exposure as a result of the merger of the spun-off portion of HSBC Bank, due to the absorption of all the rights and obligations regarding the spun-off portion.

Concerning the Bradesco Organization, there will be no increase of risk, because all the financial institutions involved in the transaction are wholly-owned subsidiaries of Bradesco.

c)                  Description of its activities, pursuant to the terms of items 7.1, 7.2, 7.3 and 7.4 of the reference form

See information on the matter Description of the activities of HSBC Bank Brasil S.A. - Banco Múltiplo

See information on the matter Description of the activities of Banco Bradesco Cartões S.A.

d)                 Description of the economic group, pursuant to item 15 of the reference form

The descriptions of the economic group must can be found at the website of Banco Bradesco S.A.  Reference Form (vide_item_15), whereas the private Companies involved in the transaction, Banco Bradesco Cartões S.A. and HSBC Bank Brasil S.A. - Banco Múltiplo are wholly-owned subsidiaries of Banco Bradesco S.A., the leading institution of the Bradesco Organization.

In regard to Bradesco Leasing, a publicly-held company involved in the operation, a description of the economic group can be also be found at the link  Reference Form (vide_item_15) of Bradesco

e)                  Description of the capital stock, pursuant to item 17.1 of the reference form

A description of the capital stock of the other companies involved in the transaction, both publicly-held, related below, can be found in their reference forms, as follows:

Bradesco: Reference Form (vide_item_17.1)

Bradesco Leasing: See website of CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Documents and Information of the Companies Type Bradesco Leasing >  Bradesco Leasing S.A. Arrendamento Mercantil > Categories: Reference Form

12.  Description of the capital structure and control after the operation, pursuant to item 15 of the reference form

The operation will not result in any alteration to the control structure of Bradesco or the other companies involved. Consequently, there will be no issue of new shares by Banco Bradesco to be attributed to any third party.

The descriptions of the economic group can be found at the website of Banco Bradesco S.A. Reference Form (vide_item_15).pdf

13.  Number, class and type of the securities of each company involved in the operation held by any other companies involved in the operation, or by people bound to these companies, as defined by the norms regulating tender offers

All the companies involved in the operation are wholly-owned subsidiaries of Bradesco. Bradesco also holds 100% of debentures issued by Bradesco Leasing.

14.  Exposure of any of the companies involved in the operation, or of any people bound to said companies, as defined by the norms regulating tender offers, in derivatives indexed to securities issued by the other companies involved in the operation

Not applicable.

15.  Report covering all the operations conducted in the last six (6) months by those indicated below with securities issued by the companies involved in the operation:

a)             Companies involved in the operation

i.      Private purchase transactions

On July 1, 2016, Bradesco acquired 2,949,532,445 common shares representing 100% of the capital stock of HSBC Bank and 14,924,165,327 shares representing the capital stock of HSBC Serviços e Participações Ltda. The respective conditions are set forth in the Material Facts disclosed on August 3, 2015 and July 1,2016.

ii.    Private sale transactions

Not applicable

iii.  Purchase transactions on regulated markets

Bradesco carried out purchase transactions of Bradesco Leasing's debentures, as per the statement of Debentures issued by Bradesco Leasing traded by Banco Bradesco

iv.  Sale transactions on regulated markets

Bradesco carried out sale transactions of Bradesco Leasing's debentures, as per the statement of Debentures issued by Bradesco Leasing traded by Banco Bradesco

b)            Parties related to companies involved in the transaction

i.          Private purchase transactions

Not applicable.

ii.        Private sale transactions

Not applicable.

iii.      Purchase transactions on regulated markets

Bradesco shares were acquired on the Stock Exchange (BM&FBOVESPA) by the management of the Bradesco Organization at market prices.

The aforementioned operations are available pursuant to CVM Instruction No. 358 on the website of CVM - Type Banco Bradesco> Banco Bradesco S.A.> Categories: Securities Traded and held (Article 11 of CVMI 358)> Consult          

iv.      Sale transactions on regulated markets

Bradesco shares were transferred on the Stock Exchange (BM&FBOVESPA) by the management of the Bradesco Organization at market prices.

The aforementioned operations are available pursuant to CVM Instruction No. 358 on the website of CVM - Type Banco Bradesco> Banco Bradesco S.A.> Categories: Securities Traded and held (Article 11 of CVMI 358)> Consult          

16.  Document through which the Independent Special Committee submitted its recommendations to the Board of Directors, if the operation was negotiated in accordance with the terms of the Orientation Opinion CVM 35, of 2008

Not applicable.

Appendix 21 required by CVM Instruction No. 481 of December 17, 2009

INFORMATION ON APPRAISERS

1.List the appraisers recommended by the management

KPMG Auditores Independentes, with headquarters in the city of Osasco, state of São Paulo, at Avenida Dionysia Alves Barreto, 500, 10^o andar, , CNPJ no. 57.755.217/0022-53, registered with the Regional Accounting Council (CRC) under no. 2SP028567/O-1.

2.Describe the qualifications of the recommended appraisers

KPMG Auditores Independentes, a Brazilian entity and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative (“KPMG International”), a Swiss entity. Represented by a network of independent firms providing Audit, Tax and Advisory services, globally, with a consistent set of accounting and financial skills grounded in deep knowledge of the market segment of each client, being present in 155 countries with more than 174,000 professionals.

3.Provide a copy of the work and remuneration proposals of the recommended appraisers

See proposal of KPMG at page 125.

4. Describe any relevant relationship in the past three (3) years between the recommended appraisers and the parties related to the company, as defined by accounting rules that address this matter

KPMG Auditores Independentes is the company responsible for the external audit of Bradesco Organization since 2011, always observing the compliance with ethical and independence requirements that regulate the profession of the external auditor.

Appendix 3 required by CVM Instruction No.  565, of June 15, 2015

1)        Identification of the companies involved in the transaction and brief description of their activities

Banco Bradesco S.A.

Activities: banking transactions in general, including foreign exchange

Bradesco Leasing S.A. – Arrendamento Mercantil

Activities: leasing transactions, subject to the provisions of the law in force

Banco Bradesco Cartões S.A.

Activities: active, passive and accessory transactions inherent to the respective authorized portfolios (commercial, investment, credit, financing and investment), including foreign exchange, in accordance with the current legal and regulatory provisions

HSBC Bank Brasil S.A. -– Banco Múltiplo

Activities:  active, passive and accessory transaction inherent to authorized portfolios (commercial, investment, credit, financing and investment, real estate credit and leasing), including foreign exchange, in accordance with the current legal and regulatory provisions, and the management of the securities portfolio

2)        Description and purpose of the transaction

See item "I" of the Protocol.

3)        Main benefits, costs and risks of the transaction

See the reply in item 5, sub items a, b and c of Appendix 20-A required by CVM Instruction no 481/2009

4)        Replacement ratio of shares

Not applicable.

5)        Criterion to establish the replacement ratio

Not applicable.

6)        Main assets and liabilities that comprise each portion of the equity, in case of spin-off

See Report prepared by KPMG Auditores Independentes which is part of the Protocol and Justification of the Partial Spin-Off with the Transfer of Portions of the Equity in Existing Companies, which is available to the shareholders from this date, on the websites listed below, in accordance with the Official Letter/CVM/SEP/Nº02/2015:

CVM www.cvm.gov – Information on Regulated – Companies – Consult Information on Companies – Informações de Regulados Document and Company Information Type Banco Bradesco > Banco Bradesco S.A. > Categories: "Economic-Financial Data" – "Appraisal Report";

Bradesco www.bradesco.com.br/ri - Corporate Governance – Shareholders – Appraisal Report on the Special Shareholders’ Meeting  of October 7, 2016 

7)        If the operation was or will be submitted to the approval of Brazilian or foreign authorities

The transaction will be submitted to the approval of the Brazilian Central Bank.

8)        In transactions involving parent companies, subsidiaries or companies jointly-controlled, the replacement ratio of shares calculated in accordance with Article 264 of Law No. 6404 of 1976;

Not applicable.

9)        Applicability of the right to withdrawal and refund amount

Not applicable.

10)    Other relevant information

All information considered relevant are set out in the Protocol and/or in the appendix 20-A required by CVM Instruction No. 481/2009 that composes it.

Proposal for partial amendment to the Bylaws

Dear shareholders,

The Board of Directors of Banco Bradesco S.A. hereby submits for your analysis and deliberation a proposal to partially amend the Bylaws, as follows:

a)   the “caput” and Paragraph One of Article 12, regarding the composition of the Board of Officers, distributing its members among already existing categories of position, with no change in the maximum number of members, aiming to ensure rapid and flexible decision by Bradesco’s management, by allocating the Officers to the most convenient posts in terms of identified need, without the necessity to amend the Bylaws.

The intended change will enable the allocation of Officers coming from HSBC Bank that will be integrated into Bradesco due to the partial spin-off transaction, without the need to create new positions.

b)   Sole Paragraph of Article 18, improving its wording and increasing the age limit for the position of Chief Executive Officer from less than 65 to less than 67 years old, on the date of election, understanding that it is desirable to enable the Company to take advantage of the vast professional experience and management experience acquired in the position of CEO, especially at this time of integration of the HSBC operations, when significant synergy gains are foreseeable.

c)    Article 23, regarding the functioning of the Bradesco Organization’s Ombudsman, improving its content, especially in order to meet the requirements of National Monetary Council Resolution 4,433 of July 23, 2015.

After the approval of the proposal, the above-mentioned statutory provisions will become effective with the following wording after the approval by the Brazilian Central Bank:

"Article 12) The Company’s Executive Board, elected by the Board of Directors, with a term of office of 1 (one) year, with reelection allowed, is composed of 83 (eighty three) to 108 (one hundred and eight)  members, distributed, at the Board's discretion, as follows: i) 17 (seventeen) to 27 (twenty-seven) Executive Officers, with 1 (one) Chief Executive Officer and 16 (sixteen) to 26 (twenty-six) members distributed among the positions of Executive Vice President, Managing Officer and Deputy Officer; and ii) 66 (sixty-six) to 81 (eighty-one) members, distributed among the positions of Department Officer, Officer and Regional Officer. Paragraph One - The Board of Directors will annually set, on the 1^st Meeting of that Body to be held after the Annual General Meeting and, whenever appropriate, the number of Officers to be elected, designating them, by name, within the positions in the “caput” of this Article, subject to the provisions of Paragraph One of Article 7 and the requirements of Articles 17, 18 and 19 hereof.”;

“Article 18) To hold the position of Executive Officer is also necessary that the candidate, on the election date, cumulatively fulfills the following requirements: i. be under 62 (sixty-two) years old; ii. belong to the staff of employees or managers of the Company or of its subsidiaries for more than 10 (ten) years, with no interruptions. Sole Paragraph - The provisions of item "I" of this Article shall not apply to: a. the

Chief Executive Officer, whose age limit is less than 67 (sixty-seven) years, on the election date; and b. to the other Executive Directors of the Company in office on March 8, 2013, whose age limit is less than 65 (sixty-five) years on the election date.”

"Article 23) The Company will have an organizational component of Ombudsman, which will act on behalf of all Institutions of the Bradesco Organization authorized by the Brazilian Central Bank, with one (1) person responsible in the position of Ombudsperson, who will be appointed by the Board of Directors, with a term of office of one (1) year, reelection allowed. Paragraph One - The Ombudsman cannot be linked to an organizational component of Bradesco Organization in a way that indicates a conflict of interest or duties, like the bargaining units of product and services, the unit responsible for risk management and executive body of the internal audit's activity. Paragraph Two - an officer or employee of Bradesco Organization may be appointed as ombudsperson if he or she has: a) a bachelor’s degree; b) extensive knowledge of the activities developed by the institutions represented and, its products, services, processes, systems, etc.; c) functional capacity to assimilate the issues that are submitted to the Ombudsman, carry out administrative consultations to sectors whose activities were questioned and direct the answers for the questions presented; d) technical and administrative conditions to comply with other requirements arising from the regulations published on the activities of the Ombudsman. Paragraph Three - The Ombudsman will have as duties: to ensure the strict compliance with the legal and regulatory rules concerning consumer rights and to act as a communication channel  between the Institutions under the caput of this Article, customers and users of products and services, including in the mediation of conflicts; b) receive, register, provide guidance, analyze and give formal and appropriate treatment to complaints from customers and users of products and services of the Institutions under the caput of this Article which were not solved through the usual service carried out by branches or any other service stations; c) provide the necessary clarifications and notify the claimants on the progress of their demands and the measures adopted; d) inform the claimants of the deadline for the final answer, which may not exceed ten business days and may be extended, exceptionally and in a justified manner, only once for an equal period, with the number of extensions limited  to ten per cent (10%) of the total number of demands on the month, and the complainant should be informed of the reasons for the extension; e) forward a conclusive answer to the demand of the claimants until the period stated in letter "d"; f) propose to the Board of Directors remedial or improvement measures for procedures and routines based on the analysis of the complaints received; g) every six months, prepare and submit to the Board of Directors, the Audit Committee and the Internal Audit a quantitative and qualitative report on the Ombudsman's operation, including the proposals mentioned in letter "f", when existing, and keeping them informed of the result of the measures adopted by the institution's management to address them. Paragraph Four - In its absence or temporary disability, the Ombudsperson will be replaced by an official member of the Ombudsman, who meets the requirements of Paragraph Two of this Article. In case of vacancy, the Board will appoint a replacement for the time remaining to complete the term of office of the person replaced. Paragraph Five- The Ombudsman may be dismissed by the Board of Directors at any time during its term of office in cases of noncompliance with the obligations of its office or if it presents a performance below that expected by the Organization. Paragraph Six - The Company: a) will maintain adequate conditions for the functioning of the Ombudsman, as well as for its actions to be based on transparency, independence, impartiality and exemption; b) will ensure the Ombudsman's access to the information necessary to prepare the appropriate response to the complaints received, with full administrative support, and may request information and documents for the exercise of its activities."

For additional information on the amendment of the Bylaws, required by Article 11 of CVM Instruction No. 481/09, see:

Detailing the origin and justification of the statutory amendments proposed and analysis of the legal and economic effects

Transcript of the consolidated Bylaws proposed

Legal and economic effects of the amendment, pursuant to Article 11 of CVM Instruction No. 481 of December 17, 2009

Regarding the statutory amendments proposed, Bradesco's Management does not foresee any relevant legal or economic effects, due to:

The increase of the minimum number (52 to 83) of positions on the Board of Officers, without changing the maximum number of positions (108), arises from the need to adjust the minimum administrative structure currently practiced, deemed necessary to efficiently support all the organizational areas.

The required statutory amendment also aims to provide greater speed and flexibility to Bradesco's management in its decision making process, by allowing, according to the identified need and with unfilled vacancies on the Board of Officers, its members to be readily distributed in a more convenient manner in the positions set out in the Bylaws, with the privilege of not having to wait for a new Shareholders’ Meeting to approve the statutory amendment.

Once the change of this device in the Bylaws is approved, Bradesco will be able to allocate the Officers coming from HSBC Bank who will be integrated to the Company due to the partial spin-off transaction, without the need to create new positions.

It is also worth noting that the entry of these Officers into management will in no way alter its envisaged budget, given that the amounts determined at the last Annual General Meeting for management’s overall compensation and pension contributions have a sufficient margin to cover contingencies of this nature.

Concerning the increase in the age limit to exercise the position of Chief Executive Officer, on the date of election, the statutory modification will not have any change in the currently prevailing management structure at Bradesco.

Regarding the operation of the Ombudsman of the Organization, the intended amendment is to mainly meet the provisions of Resolution No.  4,433, of July 23, 2015, of the National Monetary Council, concerning the criteria to appoint and dismiss the ombudsperson.

Transcript of the Bylaws containing the amendment to be submitted to the shareholders at the Special Shareholders’ Meeting  

Proxy Model

By this instrument of proxy, [SHAREHOLDER’S NAME], [NATIONALITY], [MARITAL STATUS], [OCCUPATION], Identity Card No. ......................../[ISSUING BODY], Individual Taxpayer’s ID No. ............................., with address at [FULL ADDRESS], appoints his/her proxy, [NAME OF THE PROXY], [NATIONALITY], [MARITAL STATUS], [OCCUPATION], Identity Card No. ......................../[ISSUING BODY], Individual Taxpayer’s ID No. ..........................., with address at [FULL ADDRESS], with specific powers to represent him/her, in the capacity of Shareholder of Banco Bradesco S.A. (BRADESCO), at the Special Shareholders’ Meeting  to be held on October 7, 2016, at 5 p.m., at the headquarters, Núcleo Cidade de Deus, Vila Yara, Osasco, São Paulo, at Salão Nobre do 5^o andar, Prédio Vermelho, exercising the voting right entitled to him/her as holder of common shares issued by Bradesco, with powers to present proposals, examine, discuss and vote on matters to be submitted to resolution. The aforementioned proxy may also sign minutes, records, papers, terms and what else is needed for the good and faithful compliance with this power of attorney and will exercise the powers that were granted to him/her, complying with the limits imposed by the legislation in force and by the items of the agenda listed in the call notice, pursuant to the guidance below.

[City, State,] ................... ......, 2016

______________________________

[Shareholder's name]

(Notarized signature)

Minutes of the Board of Directors' Meeting required by item 6 of Appendix 20-A of CVM Instruction No.  481 of December 17, 2009

“Minutes of the Special Meeting No. 2,559 of the Board of Directors of Banco Bradesco S.A., held on September 5, 2016 - Corporate Taxpayer's ID (CNPJ) No. 60.746.948/0001-12 - Company Registry (NIRE) 35.300.027.795. On September 5, 2016, at 11 a.m., at the headquarters, Núcleo Cidade de Deus, 4^o andar of Prédio Vermelho, Vila Yara, Osasco, SP, the members of the Board of Directors gathered together, under the chairmanship of Mr. Lázaro de Mello Brandão, with Mr. Carlos Alberto Rodrigues Guilherme as Secretary. During the meeting, the Board members:

I)          registered the proposals of this Body, which will be submitted to the Company's shareholders resolution at the Special Shareholders’ Meeting to be held on October 7, 2016, at 5 p.m., as follows:

“Dear shareholders,

The Board of Directors of Banco Bradesco S.A. (Bradesco or Company) is submitting proposals for your analysis and deliberation to:

1)      absorb part of the equity of HSBC Bank Brazil S.A. - Banco Múltiplo (HSBC Bank), a wholly-owned subsidiary of the Company, in accordance with the provisions of Articles 224, 225 and 229 of Law No. 6404/76, upon: a) the analysis of the Protocol and Justification of Partial Spin-off with the Transfer of Portions of the Equity of Existing Companies; b) the ratification of the appointment of experts and the approval of the Appraisal Report of the net equity's portion of HSBC Bank to be transferred to Banco Bradesco S.A. (Bradesco); and c) approval of the transfer of the portion of the equity of HSBC Bank to Bradesco, with HSBC Bank's technological integration into Bradesco and the consequent replacement of HSBC brand in its service network, which will become Bradesco.

The operation:

·      aims to promote a corporate restructuring with the following goals: (i) to segregate, redirect and consolidate assets and liabilities of HSBC Bank to Bradesco, Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil; (ii) to promote synergy between ongoing businesses and operations, with the consequent optimization and rationalization of operating and administrative costs; (iii) to preserve the continuity of HSBC Bank with the continuation of its activities for operational reasons;  and

·      once approved, it will follow the terms and features listed in the "Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies entered into between HSBC Bank Brasil S.A. – Banco Múltiplo, Banco Bradesco S.A., Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil”;

2)      to partially amend the Bylaws in:

a)        the caput and Paragraph One of Article 12, regarding the composition of the Board of Officers, distributing its members among already existing categories of position. with no change in the maximum number of members, aiming to ensure rapid and flexible decision by Bradesco’s management, by allocating the Officers to the most convenient posts in terms of identified need, without the necessity to amend the Bylaws.

The intended change will enable the allocation of Officers coming from HSBC Bank that will be integrated into Bradesco due to the partial spin-off transaction, without the need to create new positions.

b)        the Sole Paragraph of Article 18, improving its wording and increasing the age limit to exercise the position of Chief Executive Officer from less than 65 to less than 67 years old, on the date of election, understanding that it is desirable to enable the Company to take advantage of the vast professional experience and management experience acquired in the position of CEO, especially at this time of integration of the HSBC operations, when significant synergy gains are foreseeable.

c)         Article 23, regarding the functioning of the Bradesco Organization’s Ombudsman, improving its content, especially in order to meet the requirements of National Monetary Council Resolution 4,433 of July 23, 2015.

After the approval of the proposal, the above-mentioned statutory provisions will become effective with the following wording after the approval by the Brazilian Central Bank:

"Article 12) The Company’s Board of Officers, elected by the Board of Directors, with a term of office of 1 (one) year, with reelection allowed, is composed of 83 (eighty three) to 108 (one hundred and eight)  members, distributed, at the Board's discretion, as follows: i) 17 (seventeen) to 27 (twenty-seven) Executive Officers, with 1 (one) Chief Executive Officer and 16 (sixteen) to 26 (twenty-six) members distributed among the positions of Executive Vice President, Managing Officer and Deputy Officer; and ii) 66 (sixty-six) to 81 (eighty-one) members, distributed among the positions of Department Officer, Officer and Regional Officer. Paragraph One - The Board of Directors will annually set, on the 1^st Meeting of that Body to be held after the Annual General Meeting and, whenever appropriate, the number of Officers to be elected, designating them, by name, within the positions in the “caput” of this Article, subject to the provisions of Paragraph One of Article 7 and the requirements of Articles 17, 18 and 19 hereof.”;

"Article 18) To hold the position of Executive Officer is also necessary that the candidate, on the election date, cumulatively fulfills the following requirements: i. be under 62 (sixty-two) years old; ii. belong to the staff of employees or managers of the Company or of its subsidiaries for more than 10 (ten) years, with no interruptions. Sole Paragraph - The provisions of item "I" of this Article shall not apply to: a. the Chief Executive Officer, whose age limit is less than 67 (sixty-seven) years, on the election date; and b. to the other Executive Directors of the Company in office on March 8, 2013, whose age limit is less than 65 (sixty-five) years on the election date.";

"Article 23) The Company will have an organizational component of Ombudsman, which will act on behalf of all Institutions of the Bradesco Organization authorized by the Brazilian Central Bank, with one (1) person responsible in the position of Ombudsperson, who will be appointed

by the Board of Directors, with a term of office of one (1) year, reelection allowed. Paragraph One - The Ombudsman cannot be linked to an organizational component of Bradesco Organization in a way that indicates a conflict of interest or duties, like the bargaining units of product and services, the unit responsible for risk management and executive body of the internal audit's activity. Paragraph Two - an officer or employee of Bradesco Organization may be appointed as ombudsperson if he or she has: a) a bachelor’s degree; b) extensive knowledge of the activities developed by the institutions represented and, its products, services, processes, systems, etc.; c) functional capacity to assimilate the issues that are submitted to the Ombudsman, carry out administrative consultations to sectors whose activities were questioned and direct the answers for the questions presented; d) technical and administrative conditions to comply with other requirements arising from the regulations published on the activities of the Ombudsman. Paragraph Three - The Ombudsman will have as duties: to ensure the strict compliance with the legal and regulatory rules concerning consumer rights and to act as a communication channel  between the Institutions under the caput of this Article, customers and users of products and services, including in the mediation of conflicts; b) receive, register, provide guidance, analyze and give formal and appropriate treatment to complaints from customers and users of products and services of the Institutions under the caput of this Article which were not solved through the usual service carried out by branches or any other service stations; c) provide the necessary clarifications and notify the claimants on the progress of their demands and the measures adopted; d) inform the claimants of the deadline for the final answer, which may not exceed ten business days and may be extended, exceptionally and in a justified manner, only once for an equal period, with the number of extensions limited  to ten per cent (10%) of the total number of demands on the month, and the complainant should be informed of the reasons for the extension; e) forward a conclusive answer to the demand of the claimants until the period stated in letter "d"; f) propose to the Board of Directors remedial or improvement measures for procedures and routines based on the analysis of the complaints received; g) every six months, prepare and submit to the Board of Directors, the Audit Committee and the Internal Audit a quantitative and qualitative report on the Ombudsman's operation, including the proposals mentioned in letter "f", when existing, and keeping them informed of the result of the measures adopted by the institution's management to address them. Paragraph Four - In its absence or temporary disability, the Ombudsperson will be replaced by an official member of the Ombudsman, who meets the requirements of Paragraph Two of this Article. In case of vacancy, the Board will appoint a replacement for the time remaining to complete the term of office of the person replaced. Paragraph Five- The Ombudsman may be dismissed by the Board of Directors at any time during its term of office in cases of noncompliance with the obligations of its office or if it presents a performance below that expected by the Organization. Paragraph Six - The Company: a) will maintain adequate conditions for the functioning of the Ombudsman, as well as for its actions to be based on transparency, independence, impartiality and exemption; b) will ensure the Ombudsman's access to the information necessary to prepare the appropriate response to the complaints received, with full administrative support, and may request information and documents for the exercise of its activities."

II)        granted authorization for the Executive Board of the Company to:

a)      hire KPMG Auditores Independentes, Corporate Taxpayer's ID (CNPJ) No. 57.755.217/0022-53, CRC No.  2SP028567/O-1 F-SP, to appraise the Net Equity of HSBC Bank, Corporate Taxpayer's ID

(CNPJ) No. 01.701.201/0001-89 including that of the respective portions to be spun-off, on the base date of July 31, 2016; and

b)      together with the Officers of its wholly-owned subsidiaries HSBC Bank; Banco Bradesco Cartões S.A., Corporate Taxpayer's ID (CNPJ) No. 59.438.325/0001-01; Bradesco Leasing S.A. - Arrendamento Mercantil, Corporate Taxpayer's ID (CNPJ) No.  47.509.120/0001-82, sign the "Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies";

III)               call the Company's shareholders to attend the Special Shareholders’ Meeting to be held on October 7, 2016 at 5 p.m.; and

IV)               authorize the publication of the call notice for said Meeting, waiving its transcription due to it being a document that will be filed at the Company's headquarters for all legal purposes.

Nothing further was resolved on, the meeting was closed and these minutes were drawn up, which the attending Board Members have signed. signed) Lázaro de Mello Brandão, Denise Aguiar Alvarez, João Aguiar Alvarez, Carlos Alberto Rodrigues Guilherme, Milton Matsumoto, José Alcides Munhoz and Aurélio Conrado Boni.

Minutes of the Fiscal Council's Meeting required by item 6 of Appendix 20-A of CVM Instruction No.  481 of December 17, 2009

Minutes of the Special Meeting No. 409, of the Fiscal Council of Banco Bradesco S.A., held on September 5, 2016 - Corporate Taxpayer's ID (CNPJ) No. 60.746.948/0001-12 - State Registry (NIRE) 35.300.027.795. On September 5, 2016, at 4 p.m., at the headquarters, Núcleo Cidade de Deus, 4^o andar do Prédio Vermelho,  Vila Yara, Osasco, SP, the members of the Fiscal Council gathered together, under the coordination of Mr. Luiz Carlos de Freitas, who invited Mr. Domingos Aparecido Maia to be the Secretary, for the purpose of recording the opinion issued by the Board members on the Proposal by the Board of Directors of Banco Bradesco S.A. (Bradesco or Company), registered in the Special Meeting No. 2,559, of that Body, held on that date, to be submitted for resolution of the Special Shareholders’ Meeting  of Bradesco, convened to October 7, 2016, at 5 p.m., to, in accordance with the provisions laid down in Articles 224, 225 and 229 of Law No. 6404/76, absorb a portion of the equity of HSBC Bank Brasil S.A. - Banco Múltiplo (HSBC Bank), a wholly-owned subsidiary of the Company, through a partial spin-off of HSBC Bank, which reads as follows:

"Opinion of the Fiscal Council

Banco Bradesco S.A.

The undersigned, members of the Fiscal Council of Banco Bradesco S.A. (Bradesco or Company), in accordance with the provisions of Paragraph III of Article 163 of Law No.  6404/76, after having carried out the analysis of the Proposal by the Board of Directors of Bradesco to, in accordance with the provisions laid down in Articles 224, 225 and 229 of Law No. 6404/76, spin-off a portion of the equity of HSBC Bank Brasil S.A. - Banco Múltiplo, a wholly-owned subsidiary of Bradesco, give the opinion that the shareholders of Bradesco, gathered at the Special Shareholders’ Meeting  to be held on October 7, 2016, should approve the absorption of the portion into its equity, in accordance with the conditions laid down in the respective “Protocol and Justification of the Partial Spin-Off of Portions of Equity and their Merger by Existing Companies entered into between HSBC Bank Brasil S.A. – Banco Múltiplo, Banco Bradesco S.A., Banco Bradesco Cartões S.A. and Bradesco Leasing S.A. – Arrendamento Mercantil”,  whose transcription of clauses and conditions was waived as the document will be filed at the Company’s headquarters.

Cidade de Deus, Osasco, SP, September 5, 2016."

Nothing else was resolved on, the meeting was closed and these minutes were drawn up, which the members of the Fiscal Council have signed. signed) Luiz Carlos de Freitas, Domingos Aparecido Maia, José Maria Soares Nunes, Ariovaldo Pereira and João Carlos de Oliveira”

Risk factors related to HSBC Bank Brasil S.A. - Banco Múltiplo, required by item 11a of Appendix 20-A of CVM Instruction No. 481 of December 17, 2009

HSBC Bank Brasil S.A. - Banco Múltiplo

a)      to the issuer

HSBC Bank, as a national financial institution, is subject to market risks related to the offering of activities of a wide range of banking products and financial services and in Brazil to individuals and companies, the latter of small, medium and large size.  

Considering this fact and that HSBC is fully controlled by Bradesco, which also operates in the same market, the risks (i) are basically the same risks faced by Bradesco, as detailed in items 4.1 and 4.2 of Bradesco's Reference Form and (ii) are already considered in the Bradesco Organization; that's why we understand that they would not have the power to affect future investment decisions.

We also emphasize that, as a result the share of merger of the spun-off portion of HSBC Bank to Bradesco, Bradesco Cartões and Bradesco Leasing, with the migration of customers and their transactions to the companies aforementioned (except for specific operations that will continue at HSBC Bank), HSBC Bank will have a significant risk reduction, remaining, in a minimized manner, the risks described below.

We may experience increases in our costs and level of delay in the payment of loans, to the extent that our portfolio of loans matures.

The volatility and uncertainty in the credit markets may result in cost increase. These conditions may impact our ability to replace, in due time and at reasonable cost, the maturing obligations.

Adverse economic conditions may result in an increase in our loss due to the impairment of these transactions, write-downs and the ratio of loans and advances due concerning the total number of loans, which may have an adverse effect on our business, financial condition and results of operations. The recent performance of the portfolio reflected an increase in non-payment observed in the market, with consequent impact on results. Corrective measures have been adopted by management to improve the profile of credit recoveries.

Losses on our investments in securities can have a significant impact on our operating results and are unpredictable.

The value of some of our investments in financial assets may decrease significantly due to the volatility of the financial markets and may vary over short periods. The gains and losses with investments have had and will continue to have an impact on the results of operations. The amounts of these gains and losses, which we account as the investments in financial assets are sold, or in certain circumstances when they are marked to market or recognized at a fair value, may fluctuate substantially from one period to another. The level of oscillation partially depends on the investment policies and the fair value of financial assets, which in turn may vary considerably.

A failure or violation in our operating, security or technology systems may temporarily interrupt our business, increasing our costs and generating losses.

Although we have ostensible information of data security controls, carry out continuous investment in infrastructure, ensure the robustness of the operational processes and have crisis management plans in order, our data processing systems, operating systems, financial business, accounting or other instruments may stop operating correctly for a limited period of time or become temporarily disabled or damaged. Such events may occur as a result of a number of factors, including those that are wholly or partially out of our control, such as electrical or telecommunications failures; collapses; system failures or other events affecting third parties with whom we do business. They may also occur from the instruments used for our business activities, including exchange, clearing houses, financial intermediaries or service providers. Finally, they may be associated with events around local politics and large-scale events, or social problems and cyberattacks.

Our substantial reliance on technology, by its very nature, exposes us to infections by viruses, malicious software and other malicious attacks, which can unexpectedly affect the operation of our systems, used to manage and store confidential and/or sensitive data concerning our operations.

We and other financial institutions have gone through attacks on our computer systems. Although we have not suffered material or data losses from these attacks so far, it is possible that, given the use of new technologies, the growing reliance on the Internet, the changing nature and sophistication of attacks, we are unable to effectively predict and prevent all attacks.

Cyberattacks and temporary interruptions or failures in the physical structure or in operating systems that support our business and customers can result in problems with customer, regulatory fines, penalties or intervention, refund or other compensation costs.

We may incur in losses associated with counterparty exposures.

We face the possibility that the counterparties do not fulfill their contractual obligations. Such counterparties may become a defaulter due to bankruptcy, lack of liquidity, operational failure or other reasons. This risk may arise, for example, from swaps or other derivative agreements where the counterparties have an obligation to pay or perform coins or other businesses that do not occur in the required time due to delivery failure or system failures with clearing agents, exchange, clearing houses or other financial intermediaries.

b)      to its controller, direct or indirect, or control group

HSBC Bank is controlled by Bradesco, a company member of the Bradesco Organization. Bradesco-related risks can be seen in item 4.1 of Bradesco's Reference Form.

c)      to its shareholders

Bradesco is the sole shareholder of HSBC Bank

d)      to its subsidiaries and affiliates

HSBC Bank, as well as Bradesco holds an interest in the equity of companies operating in related and/or segments similar to the financial institutions, highlighting the segments of insurance, pension plan and capitalization. Except for the market risks inherent in such activities, which already are detailed in items 4.1 and 4.2 of Bradesco's Reference Form, HSBC Bank does not identify relevant risks related to its subsidiaries and affiliates.

e)      to the suppliers

We are not exposed to material risks with our suppliers that may influence any decision to invest in our securities.

f)       to the customers

We consider as a risk related "to our customers" the risk related to the "issuer", as described in item "a" of this section, which reads in "We may experience increases in our costs or level of delay in the payment of loans, to the extent that our portfolio of loans matures."

g)      to the economy segments in which the issuer operates

The current weakness of the Brazilian macroeconomic conditions and the perception of certain risks and uncertainties related to Brazil may have a material adverse effect on our financial condition and the results of our operations.

The results of our operations are significantly impacted by the macroeconomic conditions in Brazil. In previous years, we took advantage from the generally stable economic environment and the relatively strong annual growth of the Brazilian GDP. However, from 2013 on, the GDP growth began to slow as a result of several factors, including the weakening of the Brazilian currency, the increasing level of deficit in current accounts and the persistent inflation.

The reduction in the primary balances in recent years and the increase in net debt of the public sector have contributed to a further deterioration of the macroeconomic conditions. In addition, other events contributed to a slowdown even more intense in the economic activity of last year, affecting even more negative way the perception concerning the Brazilian risk. Still, the rise of the unemployment rate as a result of the macroeconomic conditions, creates risks to the banking industry (especially with the possibility of increase in the non-payment of households and companies).

The government exerts influence on the Brazilian economy and the political and economic conditions in Brazil have a direct impact on our business.

Our conditions and financial results of the operations substantially depend on the Brazilian economy, which in the past was characterized by frequent and occasionally drastic interventions by the government and volatile economic cycles.

In the past, the government often changed monetary, fiscal and tax policies to influence the course of the Brazilian economy. We cannot control nor do we have ways to predict what measures or policies the government may take in response to the current or future Brazilian economic situation or how the government intervention and policies will affect the Brazilian economy and how they will affect our operations and revenues.

Historically, the political scenario of the country has influenced the performance of the Brazilian economy and political crises have affected the confidence of investors and of the public in general. Changes or uncertainties regarding the implementation of policies can contribute to economic uncertainty in Brazil, increasing the volatility in the Brazilian capital market.

h)      to the regulation of industries in which the Company operates

HSBC Bank meets the regulation of the Brazilian Central Bank that can adversely amend banking rules.

The government regulates the operations of Brazilian financial institutions and insurers. Changes in the existing laws and regulations or the imposition of new laws and regulations may adversely affect our operations and our revenues.

Brazilian banks, insurers and pension companies are subject to the extensive and continuous regulatory review by the government. We have no control over the government regulations, which govern all aspects of our operations, including the imposition of: (i) minimum capital requirements; (ii) requirements of compulsory deposits/reserves; (iii) investment limits in fixed assets; (iv) lending limits and other credit restrictions; (v) accounting and statistical requirements; (vi) minimum coverage; and (vii) mandatory provisioning policies.

The regulatory structure governing the Brazilian banks and insurers is constantly evolving. Existing laws and regulations may change, the way in which laws and regulations are interpreted or implemented may be different and new laws and regulations may be adopted. Such changes may adversely affect our operations and revenues.

Changes in tax and other tax assessments may adversely affect us.

The government regularly enacts amendments to tax and other releases that affect us and our customers. These amendments include changes in the incidence rate and, occasionally, the enactment of temporary taxes. The effects of these changes and other changes that result from the enactment of additional tax amendments have not been and cannot be quantified. There is no assurance that these amendments, once implemented, will not have a negative effect on our business. Moreover, such changes can cause uncertainty in the financial system, increasing the cost of loans and contributing to the increase in the portfolio of loans and advances overdue.

i)        to foreign countries where the issuer operates 

The risks to which our reliance abroad is exposed are not relevant that they may generate significant impacts and would not influence the investment decision.

j)        to environmental issues

The environmental risk is represented by the potential damage that an economic activity can cause to society and the environment. Social and environmental risks associated with financial institutions are mostly indirect and result from business relations, including those with the supply chain and customers, through financing and investment activities.

The Bradesco Organization promotes credit and financing, operating in different segments, which can significantly affect an entire ecosystem, involving local communities, flora and fauna. If a customer, in the development of its activities, generates an environmental impact such as soil contamination and water pollution above the limit set by regulations and/or environmental disasters, the costumer has a direct obligation to financially compensate the damage caused and may have its economic financial structure compromised that may cause losses to the Bradesco Organization.

Considering this fact and that HSBC Bank is fully controlled by Bradesco, which also operates in the banking retail market, the market risks to which HSBC Bank is exposed (i) are basically the same risks faced by Bradesco, as detailed in items 4.1 and 4.2 of Bradesco's Reference Form and (ii) are already considered in the Bradesco Organization; that's why we understand that they would not have the power to affect future investment decisions.