Eletrobras (AXIA) sells 108,961 fractional preferred shares in B3 auction

Rhea-AI Filing Summary

Centrais Elétricas Brasileiras S.A. – Eletrobras reports the completion of an auction of fractional Class “C” preferred shares (PNC) created by a prior bonus issue. The auction on B3 S.A. – Brasil, Bolsa, Balcão sold 108,961 PNC shares at an average price of BRL 58.53936145670 per share, net of fees.

Cash proceeds from this sale will be distributed to shareholders entitled to fractional PNC positions in proportion to their holdings, with availability as of March 19, 2026. Amounts for shareholders without updated banking details will remain available at Itaú Corretora de Valores S.A. for 365 days from that date.

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 March, 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____

Result of Fractional Share Auction – Class “C” Preferred Shares Rio de Janeiro, March 11, 2026 – Centrais Elétricas Brasileiras S/A – Eletrobras (“Company” and “AXIA Energia”), further to the Notice to Shareholders disclosed on February 11, 2026, informs that the auction of fractional Class “C” preferred shares – PNC, arising from the bonus issue approved at the Extraordinary General Meeting held on December 19, 2025, has been concluded, with trading carried out at B3 S.A. – Brasil, Bolsa, Balcão. The auction resulted in the sale of 108,961 PNC shares at an average price of BRL 58.53936145670 per share, net of applicable fees. The proceeds will be made available to the holders of the respective fractional entitlements, in proportion to their shareholdings, as of March 19, 2026. For shareholders whose banking details are not duly updated, the amounts will remain available at Itaú Corretora de Valores S.A., the Company’s bookkeeping agent, for a period of 365 days, counted from March 19, 2026. Eduardo Haiama Vice-President of Finance and Investor Relations

 

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: March 11, 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 did Eletrobras (AXIA) announce in this Form 6-K?

Eletrobras announced that it has completed an auction of fractional Class “C” preferred shares created by a bonus issue. These small leftover fractions were grouped and sold on B3, with cash proceeds to be distributed to eligible shareholders based on their fractional holdings.

How many Eletrobras Class “C” preferred shares were sold and at what price?

The auction sold 108,961 Class “C” preferred shares (PNC) at an average price of BRL 58.53936145670 per share, net of applicable fees. This transaction monetizes fractional entitlements, turning small non-tradable share fractions into cash for affected shareholders.

Which shareholders of Eletrobras (AXIA) will receive proceeds from the fractional share auction?

Shareholders who held fractional entitlements to Class “C” preferred shares resulting from the December 19, 2025 bonus issue will receive proceeds. The cash will be allocated in proportion to each investor’s fractional position, ensuring fair treatment according to their original shareholdings.

When will Eletrobras shareholders have access to the auction proceeds?

Proceeds from the fractional PNC share auction will be available to entitled shareholders as of March 19, 2026. This date marks when payments tied to the monetized fractional entitlements can be accessed through the company’s bookkeeping and payment channels.

What happens if an Eletrobras shareholder’s bank details are not updated?

If a shareholder’s banking details are not properly updated, the proceeds from the fractional share auction will not be lost. The amounts will remain available at Itaú Corretora de Valores S.A., the bookkeeping agent, for 365 days starting March 19, 2026.

Why did Eletrobras conduct an auction of fractional Class “C” preferred shares?

The auction was conducted to handle fractional Class “C” preferred shares created by a previous bonus issue. Grouping and selling these fractions on B3 converts tiny, illiquid holdings into cash, simplifying the shareholder base and delivering proportional monetary compensation to affected investors.