Eletrobrás (AXIA) Class A1 preferred holders approve 1.1:1 conversion

Rhea-AI Filing Summary

Centrais Elétricas Brasileiras S.A. – Eletrobrás reports the results of a special meeting of its Class A1 preferred shareholders. Holders approved converting all PNA1 preferred shares into common shares at a fixed ratio of 1.1 common shares for each 1 PNA1 share.

The proposal was approved by a large majority, with 62.484 votes in favor, 610 against, and 3 abstentions or blanks. The company also reiterates standard forward-looking statement cautions about economic, regulatory, and operating risks that could affect future results.

Key Figures

Conversion ratio: 1.1 common shares per 1 PNA1 share Votes for: 62.484 Votes against: 610 +2 more

5 metrics

Conversion ratio 1.1 common shares per 1 PNA1 share Approved Class A1 preferred share conversion

Votes for 62.484 Special meeting of Class A1 preferred shareholders

Votes against 610 Special meeting of Class A1 preferred shareholders

Abstain and blanks 3 Special meeting of Class A1 preferred shareholders

Meeting date 04.01.2026 Special meeting of Class A1 preferred shareholders

Key Terms

Brazilian Corporation Law, class A1 preferred shares, forward-looking statements, hydroelectric plants

4 terms

Brazilian Corporation Law regulatory

"Pursuant to and for the purposes of Article 136, paragraph 1, of the Brazilian Corporation Law"

class A1 preferred shares financial

"Special Meeting of Class "A1" Preferred Shareholders held on 04.01.2026"

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.

hydroelectric plants technical

"changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants"

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 A Resolutions For Against Abstain and Blanks Deliberation 1 Pursuant to and for the purposes of Article 136, paragraph 1, of the Brazilian Corporation Law, the approval of the conversion of all class A1 preferred shares issued by the Company (PNA1 and PNA1 Conversion, respectively), at a ratio of 1.1 common shares (ON) for each 1 PNA1 share. 62.484 610 3 Approved by the majority CNPJ: 00.001.180/0001-26 CENTRAIS ELÉTRICAS BRASILEIRAS FINAL VOTING MAP Special Meeting of Class "A1" Preferred Shareholders held on 04.01.2026 # 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 1, 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 action did Centrais Elétricas Brasileiras (AXIA) report in this Form 6-K?

Centrais Elétricas Brasileiras reported the approval of converting all Class A1 preferred shares (PNA1) into common shares. This follows a special meeting of Class A1 preferred shareholders, where the conversion terms and voting results were formally recorded for investors.

What is the conversion ratio for Eletrobrás Class A1 preferred (PNA1) shares?

Each Class A1 preferred share (PNA1) will be converted into 1.1 common shares. This fixed ratio means holders receive slightly more than one common share for every preferred share, altering the company’s share capital structure in favor of common equity.

How did Eletrobrás Class A1 preferred shareholders vote on the conversion proposal?

The conversion proposal was approved by a strong majority of Class A1 preferred shareholders. The final voting map shows 62.484 votes in favor, 610 votes against, and 3 abstentions or blanks, meeting the approval requirements under Brazilian corporate rules.

Which legal framework governs the Eletrobrás share conversion decision?

The conversion is approved pursuant to Article 136, paragraph 1, of the Brazilian Corporation Law. This law establishes procedures and quorum requirements for key corporate changes, including amendments that affect preferred shareholders and the company’s share capital structure.

Who signed the Eletrobrás Form 6-K reporting the Class A1 conversion vote?

The report was signed on behalf of Centrais Elétricas Brasileiras S.A. – Eletrobrás by Eduardo Haiama. He is identified as the company’s Vice-President of Finance and Investor Relations, acting as the duly authorized representative for this disclosure.

What forward-looking risks does Eletrobrás highlight in this document?

The company notes that estimates may be affected by economic, regulatory, political, and business conditions in Brazil and abroad. It also cites interest rates, inflation, rainfall impacting hydroelectric output, indebtedness levels, and regulatory changes as factors influencing future performance.