Vicente Falconi Campos - 18 Mar 2026 Form 3 Insider Report for BRAZILIAN ELECTRIC POWER CO (AXIA)

Role
Director
Signature
/s/ Vicente Falconi Campos
Issuer symbol
AXIA
Transactions as of
18 Mar 2026
Net transactions value
$0
Form type
3
Filing time
18 Mar 2026, 15:17:50 UTC

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Falconi Campos Vicente Director AVENIDA GRACA ARANHA, NO. 26, CENTRO, RIO DE JANEIRO, BRAZIL /s/ Vicente Falconi Campos 18 Mar 2026 0002118635

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding AXIA Class "B1" Preferred Shares 212,799 18 Mar 2026 Direct
holding AXIA Class "B1" Preferred Shares 3,818,090 18 Mar 2026 See Footnotes F1, F2
holding AXIA Class "B1" Preferred Shares 2,232,989 18 Mar 2026 See Footnotes F3, F4
holding AXIA Restricted Stock Units 40,476 18 Mar 2026 Direct F5

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 52,567 Direct F6
holding AXIA Class "C" Preferred Shares 18 Mar 2026 Common Shares 980,750 See Footnotes F1, F2, F6
holding AXIA Class "C" Preferred Shares 18 Mar 2026 Common Shares 573,588 See Footnotes F3, F4, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Vicente Falconi Campos ("Mr. Campos") is a controlling shareholder in STARTOURS FIA IE ("Startours") which directly holds 3,818,090 Class "B1" Preferred Shares and 980,750 Class "C" Preferred Shares of Eletrobras - Brazilian Electric Power Co. (the "Company"). Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Startours.
F2 For the purposes of this filing, each of Startours and Mr. Campos 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 Startours or Mr. Campos 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. Campos is a controlling shareholder in TUCA FIA RESPONSABILIDADE LIMITADA ("Tuca") which directly holds 2,232,989 Class "B1" Preferred Shares and 573,588 Class "C" Preferred Shares of the Company. Mr. Campos may be deemed to indirectly beneficially own these shares by virtue of control over Tuca.
F4 For the purposes of this filing, each of Tuca and Mr. Campos 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 Tuca or Mr. Campos 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 Each restricted stock unit ("RSU") is the economic equivalent of one Common Share, is settled in Common Shares on a 1:1 basis, and was issued pursuant to the Company's restricted share based compensation program. These RSUs are reserved for the Board of Directors.
F6 Pursuant to Article 11 of the Bylaws 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.