Eletrobrás (AXIA) B1 preferred shareholders back 1.1:1 conversion

Rhea-AI Filing Summary

Centrais Elétricas Brasileiras S.A. – Eletrobrás reports that its class B1 preferred shareholders approved converting all B1 preferred shares (PNB1) into common shares. Each PNB1 share will be converted into 1.1 common shares, under Article 136, paragraph 1 of Brazilian Corporation Law.

The final voting map from the special meeting on April 1, 2026 shows 173,884,487 votes in favor, 61,823 against, and 3,637,765 abstentions or blanks, meaning the proposal was approved by a clear majority of this share class.

Key Figures

Conversion ratio: 1.1 common shares per PNB1 share Votes in favor: 173,884,487 votes Votes against: 61,823 votes +1 more

4 metrics

Conversion ratio 1.1 common shares per PNB1 share Class B1 preferred share conversion approval

Votes in favor 173,884,487 votes Special meeting of class B1 preferred shareholders on April 1, 2026

Votes against 61,823 votes Special meeting of class B1 preferred shareholders on April 1, 2026

Abstentions and blanks 3,637,765 votes Special meeting of class B1 preferred shareholders on April 1, 2026

Key Terms

Brazilian Corporation Law, class B1 preferred shares, forward-looking statements

3 terms

Brazilian Corporation Law regulatory

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

class B1 preferred shares financial

"the approval of the conversion of all class B1 preferred shares issued by the Company"

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.

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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 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 B1 preferred shares issued by the Company (PNB1 andPNB1 Conversion, respectively), at a ratio of 1.1 common shares (ON) for each 1 PNB1 share. 173.884.487 61.823 3.637.765 Approved by the majority CNPJ: 00.001.180/0001-26 CENTRAIS ELÉTRICAS BRASILEIRAS FINAL VOTING MAP Special Meeting of Class "B1" 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 share conversion did Eletrobrás (AXIA) shareholders approve?

Class B1 preferred shareholders approved converting all PNB1 preferred shares into common shares. Each PNB1 share will receive 1.1 common shares, changing the capital structure by unifying this preferred class with common equity under Brazilian corporate rules.

What was the vote result for Eletrobrás (AXIA) B1 preferred conversion?

The proposal passed with 173,884,487 votes in favor, 61,823 against, and 3,637,765 abstentions or blanks. This outcome reflects strong support among class B1 preferred shareholders for exchanging their PNB1 shares into common shares at the approved 1.1:1 ratio.

Which shareholders voted on the Eletrobrás (AXIA) share conversion?

Only holders of class B1 preferred shares of Centrais Elétricas Brasileiras S.A. – Eletrobrás voted. The special meeting of class B1 preferred shareholders focused on approving conversion of all PNB1 preferred shares into common shares at a fixed 1.1 to 1 exchange ratio.

What law governs the Eletrobrás (AXIA) B1 preferred share conversion?

The conversion is approved pursuant to Article 136, paragraph 1, of the Brazilian Corporation Law. This legal basis allows changes affecting preferred shares, such as converting PNB1 into common shares, when the affected share class approves the measure at a properly convened meeting.

Does the Eletrobrás (AXIA) filing include forward-looking statements?

Yes. The document notes estimates and projections that may be forward-looking statements under U.S. securities laws. It highlights risks such as economic conditions in Brazil, interest rates, rainfall affecting hydro plants, regulation, and indebtedness that could cause actual results to differ materially.