Shareholders of Eletrobrás (NYSE: EBR) weigh name change and incentive plan

Rhea-AI Filing Summary

Centrais Elétricas Brasileiras S.A. – Eletrobrás reported voting results from an Extraordinary General Meeting scheduled for April 15, 2026. A proposal to change the corporate name to AXIA Energia S.A. received 803,695,673 votes for, 7,054 against and 15,153,765 abstentions and blanks.

A bylaw amendment enhancing executive powers drew 773,553,748 votes for, 132,732 against and 45,170,012 abstentions and blanks, while restating the bylaws attracted similar support. A Performance Share Grant Plan as a long-term incentive for statutory executive officers saw a closer split, with 391,497,524 votes for, 382,104,920 against and 45,254,048 abstentions and blanks.

Key Figures

Name change votes for: 803,695,673 votes Name change votes against: 7,054 votes Executive powers bylaw votes for: 773,553,748 votes +4 more

7 metrics

Name change votes for 803,695,673 votes Change of corporate name to AXIA Energia S.A.

Name change votes against 7,054 votes Change of corporate name to AXIA Energia S.A.

Executive powers bylaw votes for 773,553,748 votes Bylaw changes enhancing executive powers of office

Executive powers bylaw votes against 132,732 votes Bylaw changes enhancing executive powers of office

Bylaws restatement votes for 773,683,467 votes Restatement of bylaws incorporating amendments

Performance Share Plan votes for 391,497,524 votes Performance Share Grant Plan for executive officers

Performance Share Plan votes against 382,104,920 votes Performance Share Grant Plan for executive officers

Key Terms

Extraordinary General Meeting, Performance Share Grant Plan, long-term incentive, forward-looking statements, +1 more

5 terms

Extraordinary General Meeting financial

"Extraordinary General Meeting to be held on 04.15.2026"

Performance Share Grant Plan financial

"To approve the Performance Share Grant Plan, which will form part"

long-term incentive financial

"compensation model as a long-term incentive."

Long-term incentive is a form of pay awarded to executives and key employees that vests over several years and is tied to company performance, often paid in stock or stock-linked awards. It matters to investors because it shapes management’s motivation and risk-taking, can dilute existing shares, and affects future cash flow and company governance—think of it as a multi-year performance bonus that aligns leaders’ rewards with shareholder returns.

forward-looking statements regulatory

"This document may contain estimates and projections that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements"

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

level of indebtedness financial

"competitive conditions; our level of indebtedness; the possibility of receiving"

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Form 6-K: How Foreign Companies Report to the SEC →

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of April, 2026

Commission File Number 1-34129

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS

(Exact name of registrant as specified in its charter)

BRAZILIAN ELECTRIC POWER COMPANY

(Translation of Registrant's name into English)

Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F. 

Form 20-F ___X___ Form 40-F _______

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.

Yes _______ No___X____

F C Resolutions For Against Abstain and Blanks 1 Change of the Companys corporate name to AXIA Energia S.A. and the consequent amendment to the Bylaws. 803,695,673 7,054 15,153,765 Resolutions For Against Abstain and Blanks 2 Amendment to the Bylaws to: (a) create item XXIX of article 45, (b) delete items V and VI of article 46; and (c) create articles 49 and 50, with the purpose of enhancing the executive powers of office. 773,553,748 132,732 45,170,012 Resolutions For Against Abstain and Blanks 3 If the resolutions set forth in items (i) and (ii) above are approved, as applicable, to approve the restatement of the Companys Bylaws, incorporating all amendments approved by shareholders, including renumbering adjustments, correction of typographical errors and conforming changes to defined terms and cross-references applicable to the Bylaws provisions. 773,683,467 5,975 45,167,050 Resolutions For Against Abstain and Blanks 4 To approve the Performance Share Grant Plan, which will form part of the statutory executive officers compensation model as a long-term incentive. 391,497,524 382,104,920 45,254,048 Extraordinary General Meeting to be held on 04.15.2026 CNPJ: 00.001.180/0001-26 CENTRAIS ELÉTRICAS BRASILEIRAS CONSOLIDATED DISTANCE VOTING MAP # Classificação: Pública 1 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: April 14, 2026

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
By:	/S/ Eduardo Haiama
	Eduardo Haiama Vice-President of Finance and Investor Relations

FORWARD-LOOKING STATEMENTS

This document may contain estimates and projections that are not statements of past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements under Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words “believes”, “may”, “can”, “estimates”, “continues”, “anticipates”, “intends”, “expects”, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks and uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditions in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricity usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables; changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans; existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM and SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of these estimates or projections due to new information or future events. Future results of the Company’s operations and initiatives may differ from current expectations, and investors should not rely solely on the information contained herein. This material contains calculations that may not reflect precise results due to rounding.

FAQ

What corporate name change did Eletrobrás (EBR) put to a shareholder vote?

Shareholders considered changing the company’s corporate name from Centrais Elétricas Brasileiras S.A. – Eletrobrás to AXIA Energia S.A.. The proposal received 803,695,673 votes for, 7,054 against and 15,153,765 abstentions and blanks at the Extraordinary General Meeting.

What bylaw amendments did Eletrobrás (EBR) submit at the April 2026 meeting?

The company proposed bylaw changes to create item XXIX of article 45, delete items V and VI of article 46, and create articles 49 and 50. These aim at enhancing the executive powers of office and were voted with 773,553,748 for and 132,732 against.

How did Eletrobrás (EBR) shareholders vote on restating the company bylaws?

Shareholders voted on restating the bylaws to incorporate all approved amendments, including renumbering, typographical corrections, and conforming defined terms. This resolution received 773,683,467 votes for, 5,975 against and 45,167,050 abstentions and blanks, indicating broad support.

What is the Performance Share Grant Plan voted on by Eletrobrás (EBR) shareholders?

The Performance Share Grant Plan is designed as a long-term incentive forming part of statutory executive officers’ compensation. It was closely contested, drawing 391,497,524 votes for, 382,104,920 against and 45,254,048 abstentions and blanks at the Extraordinary General Meeting.

When was Eletrobrás’s Extraordinary General Meeting related to these votes scheduled?

The Extraordinary General Meeting addressing the name change, bylaw amendments, bylaws restatement, and Performance Share Grant Plan was scheduled for April 15, 2026. Voting results were summarized in a report signed on April 14, 2026, by the Vice-President of Finance and Investor Relations.

What forward-looking statement caution does Eletrobrás (EBR) provide in this material?

The company notes that certain statements reflect management’s beliefs and expectations and may be forward-looking, subject to economic, regulatory, operational, and financial risks. It also states it assumes no obligation to update such estimates or projections based on new information or future events.