GQG Partners takes 5.02% AXIA Energia (NYSE: EBR) minority stake

Rhea-AI Filing Summary

AXIA Energia S.A. reports that GQG Partners LLC now holds 101,904,924 common shares and American Depositary Receipts, representing 5.02% of AXIA Energia’s issued common shares. GQG describes this as a minority investment and states it does not intend to change the company’s control or management structure.

Key Figures

Stake size: 101,904,924 shares/ADRs Ownership percentage: 5.02% of issued common shares Form type: Form 6-K

3 metrics

Stake size 101,904,924 shares/ADRs Aggregate AXIA Energia holdings reported by GQG Partners

Ownership percentage 5.02% of issued common shares AXIA Energia equity held by GQG Partners

Form type Form 6-K Report of foreign private issuer for May 2026

Key Terms

American Depositary Receipts, minority investment, forward-looking statements, hydroelectric plants

4 terms

American Depositary Receipts financial

"common shares (“ON”) and American Depositary Receipts, representing 5.02%"

A certificate traded on U.S. markets that represents ownership of shares in a foreign company, letting U.S. investors buy and sell that company as if it were listed domestically. Think of it as a local voucher for a foreign product: it makes price quotes in dollars, trades on familiar exchanges, and brings differences in liquidity, fees and legal protections that can affect returns and risk compared with buying the underlying foreign shares directly.

minority investment financial

"GQG Partners LLC states that this is a minority investment"

A minority investment is when an investor buys less than half of a company's shares or voting rights, so they have a financial stake but not control over management or major decisions. It matters to investors because it offers potential upside from the company's growth without the responsibilities of running it, but also limits influence over strategy and exposes the investor to risks and exit constraints similar to being a passenger rather than the driver.

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.

hydroelectric plants other

"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 May, 2026

Commission File Number 1-34129

AXIA Energia S.A.

(Exact name of registrant as specified in its charter)

AXIA Energia S.A.

(Translation of Registrant's name into English)

Avenida Graça Aranha, 26
Centro, CEP 20030-900
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____

Disclosure of acquisition of a relevant equity stake by GQG Partners Rio de Janeiro, May 21, 2026, AXIA Energia S.A. (“Company” or “AXIA Energia”) announces that it has received a notice from GQG Partners LLC (“GQG Partners”) informing that, as a result of transactions carried out in the stock market, it now holds, on an aggregate basis, 101,904,924 common shares (“ON”) and American Depositary Receipts, representing 5.02% of the Company’s issued common shares. GQG Partners LLC states that this is a minority investment and is not intended to alter the Company’s control structure or management structure. 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: May 21, 2026

AXIA Energia S.A.
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 stake did GQG Partners disclose in AXIA Energia (EBR)?

GQG Partners disclosed a 5.02% stake in AXIA Energia. It now holds 101,904,924 common shares and American Depositary Receipts, representing 5.02% of the company’s issued common shares, following stock market transactions reported in May 2026.

How many AXIA Energia (EBR) shares does GQG Partners hold?

GQG Partners holds 101,904,924 AXIA Energia common shares and ADRs. This aggregate position, achieved through stock market transactions, corresponds to 5.02% of AXIA Energia’s issued common share capital as disclosed in the May 2026 notice.

Does GQG Partners intend to change AXIA Energia (EBR) control or management?

GQG Partners states it does not intend to change control or management. The investment is described as a minority position, with no stated plan to alter AXIA Energia’s existing control structure or management organization according to the disclosure.

What was the purpose of AXIA Energia’s May 2026 Form 6-K?

AXIA Energia’s May 2026 Form 6-K reports a relevant equity stake. The company disclosed that GQG Partners LLC reached a 5.02% holding in its issued common shares, triggering a notice of acquisition of a relevant equity stake.

Who signed the AXIA Energia (EBR) disclosure about GQG’s stake?

The disclosure was signed by Eduardo Haiama. Haiama, AXIA Energia’s Vice President of Finance and Investor Relations, signed the May 21, 2026 notice reporting GQG Partners’ 5.02% minority stake in the company.