| Name | Relationship | Address | Signature | Signature date | CIK |
|---|---|---|---|---|---|
| Abdalla Filho Jose Joao | Director | AVENIDA GRACA ARANHA, NO. 26, CENTRO, RIO DE JANEIRO, BRAZIL | /s/ Jose Joao Abdalla Filho | 18 Mar 2026 | 0002119333 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | AXIA | Common Shares | 14,889,875 | 18 Mar 2026 | See Footnotes | F1, F2 | |||||
| holding | AXIA | Common Shares | 96,689,700 | 18 Mar 2026 | See Footnotes | F3, F4 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| holding | AXIA | Class "C" Preferred Shares | 18 Mar 2026 | Common Shares | 3,913,623 | See Footnotes | F1, F2, F5 | |||||||
| holding | AXIA | Class "C" Preferred Shares | 18 Mar 2026 | Common Shares | 21,506,263 | See Footnotes | F3, F4, F5 |
| Id | Content |
|---|---|
| F1 | Jose Joao Abdalla Filho ("Mr. Filho") is a controlling shareholder in Banclass FIA ("Banclass") which directly holds 14,889,875 Common Shares and 3,913,623 Class "C" Preferred Shares of Eletrobras - Brazilian Electric Power Co. (the "Company"). Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of control over Banclass. |
| F2 | For the purposes of this filing, each of Banclass and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Banclass or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. |
| F3 | Mr. Filho is a controlling shareholder in FIA Dinamica Energia ("Dinamica") which directly holds 96,689,700 Common Shares and 21,506,263 Class "C" Preferred Shares of the Company. Mr. Filho may be deemed to indirectly beneficially own these shares by virtue of control over Dinamica. |
| F4 | For the purposes of this filing, each of Dinamica and Mr. Filho disclaims beneficial ownership of the reported securities except to the extent of his or its pecuniary interest therein. This filing shall not be deemed an admission that Dinamica or Mr. Filho is the beneficial owner of any of the reported securities for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise. |
| F5 | Pursuant to Article 11 of the Company, the Class "C" Preferred Shares shall be automatically converted into Common Shares, assuming such Class "C" Preferred Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: * 4% of the total volume of originally-issued Class "C" Preferred Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and * all Class "C" Preferred Shares remaining, in fiscal year 2031. |
The Company currently trades on the B3 S.A. - Brasil, Bolsa, Balcao (B3) under the following ticker symbols, "AXIA3" for its Common Shares; "AXIA6" for its Class "B1" Preferred Shares and "AXIA7" for its Class "C" Preferred Shares.