AXIA Energia SEC Filings

AXIA Energia S.A. officer de Meirelles Wolff Elio Gil exercised stock options to acquire 58,712 common shares on 2026-06-26 at an exercise price of R$54.18 per share. Following the exercise, he directly holds 84,623 common shares and retains stock options over hundreds of thousands of additional shares, including grants with a R$42.00 exercise price.

AXIA Energia S.A. officer Varejão Godoy Antonio exercised stock options to acquire 47,421 Common Shares on June 26, 2026. These shares were obtained by exercising options at an exercise price of R$54.18 per share, which accrues interest at 5% per annum from grant to exercise.

After this transaction, he directly holds 47,421 Common Shares. He also retains stock options linked to 231,094 Common Shares with an exercise price of R$42.00 per share, also accruing 5% annual interest. The options were granted under AXIA Energia’s restricted share-based compensation program, with vesting over the 3rd, 4th, and 5th anniversaries from grant.

Vested options must be exercised within 120 days after each maturity period or they lapse. Once exercised, the resulting shares are subject to a 180-day lock-up period during which they cannot be sold, transferred, or encumbered.

AXIA Energia S.A. officer Camila Gualda Sampaio Araujo exercised stock options into 42,905 Common Shares on June 26, 2026 at an exercise price of R$54.18 per share, as part of the company’s share-based compensation program.

Following the exercise, she directly holds 120,182 Common Shares and 542,547 stock options. A separate option grant covers 203,364 underlying Common Shares at an exercise price of R$42.00 per share, subject to vesting, performance conditions, and a 180-day lock-up period after each exercise.

AXIA Energia S.A. officer Costa Santos Carreira Renato exercised stock options to acquire 42,905 Common Shares on June 26, 2026. The options were exercised at an exercise price of R$54.18 per share, as part of the company’s restricted share-based compensation program, and all resulting shares are held directly.

The filing also shows a remaining stock option position linked to 203,364 Common Shares with an exercise price of R$42.00 per share. Footnotes explain that option exercise is subject to performance goals, multi-year vesting, exercise windows of 120 days after maturity, and a 180-day lock-up period after each exercise, during which the acquired shares may not be sold or transferred.

AXIA Energia S.A. officer Limp Nascimento Rodrigo exercised stock options to acquire 49,679 common shares on June 26, 2026. The options carried an exercise price of R$54.18 per share, which accrues interest at 5% per year from grant to exercise, subject to adjustments.

Following the exercise, he directly holds 170,454 common shares, a figure that represents vested RSUs (net of tax), unvested RSUs and common shares. He also retains stock options over 231,094 underlying common shares at an exercise price of R$42.00 per share, which vest over three to five years and must be exercised within 120 days after each maturity period, with a 180‑day post‑exercise lock‑up.

AXIA Energia S.A. executive de Carvalho Freitas Filho Italo Tadeu exercised stock options to acquire 56,453 CommonShares on June 26, 2026 at an exercise price of R$54.18 per share. The options come from the company’s restricted share-based compensation program, with vesting over three to five years and performance conditions.

After the exercise, he holds 56,453 common shares directly and retains stock options linked to 231,094 underlying shares at an exercise price of R$42.00 per share. Vested options must be exercised within 120 days of maturity, and shares received are subject to a 180-day lock-up during which they cannot be sold or transferred.

AXIA Energia S.A. reported a related-party infrastructure sharing agreement under which AXIA Energia and three regional affiliates will assign Eletronet S.A. the right to use Optical Ground Wire (OPGW) cables and associated power transmission infrastructure to provide telecommunications services. The agreement, executed on June 18, 2026, has a total value of BRL 125,099,251.20 and a term of 20 years. Management states that payment terms are consistent with market practices based on an independent arm’s-length study, and notes that the arrangement complies with Brazilian regulatory rules, including ANEEL Normative Resolution No. 1,044/2022 and a joint resolution by ANEEL, ANATEL and ANP.

AXIA Energia S.A. has executed three revolving credit facility agreements totaling R$ 3.0 billion with major Brazilian banks. Each facility is for up to R$ 1.0 billion with a maturity of three years, provided by Banco do Brasil, Bradesco, and Itaú Unibanco.

The company states that these credit lines strengthen its liquidity and complement its cash position, aligning with its focus on capital allocation discipline and mitigating financial risks. Management frames the facilities as part of a broader approach to prudent financial management rather than immediate funding needs.

AXIA Energia reported that its Board of Directors approved the 10th issuance of simple, unsecured, non-convertible debentures, targeting R$ 1.6 billion with an option to increase by up to 25%, which could bring the total to R$ 2.0 billion after the bookbuilding process.

The issuance may be split into up to two tranches, with the first maturing in seven years on July 15, 2033, and repaid in a single payment, and the second maturing in ten years on July 15, 2036, with annual amortizations starting in the eighth year. Indicative yields are capped at the DI rate plus 0.80% per year for the first tranche and DI plus 0.90% per year for the second, with semiannual interest payments. The offering will be a public distribution under Brazil’s automatic registration regime, directed exclusively to professional investors, and at this stage the company is only disclosing the board’s approval rather than making an offer.