STOCK TITAN

Eletrobrás (AXIA) AGM backs 2025 results, dividends and board pay

(Neutral)
(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Centrais Elétricas Brasileiras S.A. – Eletrobrás reported the results of its Annual General Meeting held on April 15, 2026. Shareholders approved the management accounts, Management Report and complete annual financial statements for the fiscal year ended December 31, 2025 by a large majority.

They also approved the management proposal for allocating 2025 results and distributing dividends. Several candidates for the Fiscal Council were elected, while at least one slate did not receive enough votes. Shareholders further approved the aggregate compensation limits for directors, officers, advisory committee members and Fiscal Council members for fiscal year 2026.

Positive

  • None.

Negative

  • None.
Approval of 2025 financial statements 831,617,253 votes for Resolution 1 votes on 2025 accounts and Management Report
Votes for 2025 results allocation and dividends 963,946,599 votes for Resolution 2 on allocation of 2025 results and dividends
Votes for 2026 compensation limits 911,320,095 votes for Resolution 5 on aggregate compensation for 2026
Fiscal Council candidate not elected 223,956,655 votes for Votes for José Reinaldo Magalhães / Anderson Carlos Koch
Elected Fiscal Council candidate example 910,098,905 votes for Votes for José Raimundo dos Santos / Paulo Roberto Bellentani Brandão
Fiscal Council financial
"Nomination of candidates to the fiscal council (the shareholder may nominate..."
forward-looking statements regulatory
"This document may contain estimates and projections... 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.
aggregate compensation financial
"To set the annual aggregate compensation of the officers, directors, external members..."
Management Report financial
"examine, discuss and vote on the Management Report and the Companys Complete Annual Financial Statements..."
Foreign Private Issuer regulatory
"Report of Foreign Private Issuer Pursuant to Rule 13a-16..."
A foreign private issuer is a company organized outside the United States that meets tests showing it is primarily foreign-controlled and therefore qualifies for a different set of U.S. reporting rules. For investors, that means the company files less frequent or differently formatted disclosures with U.S. regulators and may follow home-country accounting and governance practices, so buying its stock is like dining at a well-reviewed restaurant that follows its home kitchen’s rules instead of the local menu — you get access but should check what standards apply.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Learn about SEC filing dates

FAQ

What did AXIA shareholders approve regarding Eletrobrás 2025 financial statements?

Shareholders approved the management accounts, Management Report and complete annual financial statements for the fiscal year ended December 31, 2025. The proposal received 831,617,253 votes in favor versus 1,455,669 against and 432,823,905 abstentions and blanks, indicating broad support for management’s reporting.

How did AXIA shareholders vote on Eletrobrás 2025 results allocation and dividends?

Shareholders approved the proposal to allocate 2025 results and distribute dividends. The resolution received 963,946,599 votes for, 443,229 against and 301,506,999 abstentions and blanks. This indicates strong backing for management’s plan for using 2025 profits and dividend distribution to investors.

Which Eletrobrás Fiscal Council candidates were elected at the 2026 AGM?

Elected candidates included José Raimundo dos Santos with alternate Paulo Roberto Bellentani Brandão, Cristina Fontes Doherty with alternate Cátia Yuassa Tokoro, Carlos Eduardo Teixeira Taveiros with alternate Rochana Grossi Freire, Denilvo Morais, and Gisomar Francisco de Bittencourt Marinho with alternate Paulo Roberto Franceschi, each receiving majority support.

Were any Eletrobrás Fiscal Council nominees rejected by AXIA shareholders?

Yes. The slate of José Reinaldo Magalhães with alternate Anderson Carlos Koch was not elected. This ticket received 223,956,655 votes for, 64,987,764 against and 976,017,064 abstentions and blanks, which was insufficient for election compared with competing candidates who obtained stronger support.

What did AXIA shareholders decide about Eletrobrás 2026 executive and board compensation?

Shareholders approved setting the aggregate annual compensation for officers, directors, external advisory committee members and Fiscal Council members for fiscal year 2026. The compensation proposal received 911,320,095 votes in favor, 8,211,313 against and 346,365,419 abstentions and blanks, reflecting broad but not unanimous support.

Who signed the Eletrobrás Form 6-K reporting the AGM results?

The report was signed on behalf of Centrais Elétricas Brasileiras S.A. – Eletrobrás by Eduardo Haiama. He is identified in the document as Vice-President of Finance and Investor Relations, acting as the duly authorized representative under the Securities Exchange Act of 1934 requirements.

Does the Eletrobrás document for AXIA include forward-looking statements?

Yes. The document contains forward-looking statements based on management’s beliefs and expectations, identified by terms like “believes”, “may” and “anticipates”. It also lists numerous economic, regulatory, operational and hydrological risks that could cause actual results to differ from current estimates and projections.

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 Resolution For Against Abstain and Blanks Deliberation 1 To review the accounts of management, examine, discuss and vote on the Management Report and the Companys Complete Annual Financial Statements for the fiscal year ended December 31, 2025. 831,617,253 1,455,669 432,823,905 Approved by the majority Resolution For Against Abstain and Blanks Deliberation 2 To resolve on the Company’s management proposal for the allocation of results for the fiscal year ended December 31, 2025 and the distribution of dividends. 963,946,599 443,229 301,506,999 Approved by the majority Resolution For Against Abstain and Blanks Deliberation José Raimundo dos Santos (Effective) / Paulo Roberto Bellentani Brandão (Alternate) 910,098,905 373,814 354,488,764 Elected Cristina Fontes Doherty (Effective) / Cátia Yuassa Tokoro (Alternate) 759,991,517 813,360 504,156,606 Elected José Reinaldo Magalhães (Effective) / Anderson Carlos Koch (Alternate) 223,956,655 64,987,764 976,017,064 Not elected Carlos Eduardo Teixeira Taveiros (Effective) / Rochana Grossi Freire (Alternate) 686,968,709 1,048,894 572,484,972 Elected Denilvo Morais (Effective) 255,762,161 - - Voted and elected by Federal Government Resolution For Against Abstain and Blanks Deliberation Gisomar Francisco de Bittencourt Marinho (Effective) / Paulo Roberto Franceschi (Alternate) 108,782,707 22,591 12,176,471 Elected Resolution For Against Abstain and Blanks Deliberation 5 To set the annual aggregate compensation of the officers, directors, external members of advisory committees and members of the Fiscal Council for fiscal year 2026. 911,320,095 8,211,313 346,365,419 Approved by the majority 4 Nomination of candidates to the fiscal council (the shareholder may nominate as many candidates as there are seats to be filled in the general election). Nomination of candidates to the fiscal coucnil by shareholders with non-voting preferred shares or restricted voting rights. 3 CNPJ: 00.001.180/0001-26 CENTRAIS ELÉTRICAS BRASILEIRAS FINAL VOTING MAP Annual General Meeting of 04.15.2026 # 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 15, 2026

CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS
     
By:

/SEduardo 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.