Jose Joao Abdalla Filho - 18 Mar 2026 Form 3 Insider Report for BRAZILIAN ELECTRIC POWER CO (AXIA)

Role
Director
Signature
/s/ Jose Joao Abdalla Filho
Issuer symbol
AXIA
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 15:05:36 UTC

Reporting Owners (1)

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

Transactions Table

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

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

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.

Remarks:

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.