AXIA Energia S.A. filings document the disclosure record of a Brazilian electric power company that reports to the SEC as a foreign private issuer. Its Form 6-K reports and Form 20-F annual reporting cover IFRS and regulatory results, generation and transmission segment performance, energy trading, investments and expansion projects, indebtedness, cash flow, taxes, ESG disclosures and reconciliations between IFRS and regulatory measures.
The filings also document governance and capital-structure matters, including advisory committee regulations, risk management and internal-control policies, Novo Mercado-related share-conversion matters, appraisal rights, corporate dispute updates, material agreements and shareholder communications under Brazilian and U.S. reporting frameworks.
Centrais Elétricas Brasileiras S.A. – Eletrobrás filed a Form 6-K presenting the consolidated distance voting map for its Ordinary General Meeting scheduled for April 15, 2026. Shareholders largely approved management’s 2025 Management Report and complete annual financial statements, as well as the proposed allocation of 2025 results and distribution of dividends.
They also approved the annual aggregate compensation for officers, directors, advisory committee members and Fiscal Council members for fiscal year 2026. The document details votes for several Fiscal Council slates and includes a resolution on waiving the requirements of Article 147, paragraph 3, of Law No. 6,404/76 for nominee José Reinaldo Magalhães. Standard Brazilian and U.S. forward‑looking statement cautions are included, outlining macroeconomic, regulatory, hydrological and financial risks that could cause future results to differ from current expectations.
Centrais Elétricas Brasileiras S.A. – Eletrobras reported shareholder voting results on a proposal to seek admission of its shares to B3’s Novo Mercado special listing segment and on related share-structure changes.
For the Novo Mercado migration authorization, shareholders cast 1.127.515.375 votes in favor, 82.996 against and 45.155.727 abstentions. For the conversion of all class A1 preferred shares (PNA1) into common shares at a ratio of 1.1 common share for each PNA1 share, totals were 1.123.908.482 votes for, 3.431.812 against and 45.413.804 abstentions. The PNA1 conversion is subject to approval at a special PNA1 holders’ meeting, approval of a separate PNB1 conversion proposal and authorization by B3 for the Novo Mercado migration.
Centrais Elétricas Brasileiras S.A. – Eletrobras, also referred to as AXIA Energia, reports the nomination of candidates to its Fiscal Council by common and Class “C” preferred shareholders, including funds managed by SPX Gestão de Recursos and a group led by Banco Clássico and Radar.
The company highlights candidate José Reinaldo Magalhães, who serves on the boards of CEMIG and TAESA, described as competing companies. His eligibility to the Fiscal Council is expressly conditioned on shareholders granting a waiver of Brazilian law and bylaw requirements regarding such positions and potential conflicts.
The nominating shareholders emphasize his experience, reputation, and technical expertise, and propose that he refrain from accessing information or taking part in discussions at AXIA Energia’s Fiscal Council involving the electric power transmission segment while his current roles continue.
Centrais Elétricas Brasileiras S.A. – Eletrobras has resubmitted the Remote Voting Ballot for its Annual and Extraordinary General Meeting scheduled for April 15, 2026, at 2:00 p.m. The change adds a resolution on waiving requirements in Brazilian Law 6,404/76 for fiscal council candidate José Reinaldo Magalhães.
Magalhães serves on the boards of CEMIG and TAESA, which compete with Eletrobras, and he is also a candidate for reelection to TAESA’s board. Voting instructions already sent remain valid, but shareholders may submit or resubmit ballots until April 11, 2026, preferably using the same service provider to avoid inconsistencies.
Centrais Elétricas Brasileiras S.A. – Eletrobras plans to change its corporate name to Axia Energia S.A., subject to shareholder approval. Management has submitted a bylaw amendment for a vote at the Annual and Extraordinary General Meeting on April 15, 2026.
The proposal requires an absolute majority of outstanding common and class “C” preferred shares. If approved and registered with the Commercial Registry in Rio de Janeiro, the new legal name will be adopted. The company states the change will not affect its corporate purpose, capital, governance, operations, assets, liabilities, contracts, or regulatory commitments.
Centrais Elétricas Brasileiras S.A. – Eletrobras approved the conversion of its class A1 and B1 preferred shares (PNA1 and PNB1) into common shares as part of its migration to B3’s Novo Mercado segment. Holders of PNA1 and PNB1 who dissented at the special meetings and held their shares since the close of trading on February 18, 2026 are entitled to appraisal rights.
Dissenting shareholders may redeem all of their PNA1 and/or PNB1 shares at a redemption value of R$ 40.6218599632 per share, calculated from the 2025 financial statements to be considered at the general meeting on April 15, 2026. The appraisal rights exercise period is expected to run until May 4, 2026, with detailed procedures set out for shares held via the bookkeeping agent or B3’s central depository. The company may later convene a meeting to ratify or reconsider the conversion if paying the redemption amount could jeopardize its financial stability, and outlines Brazilian tax treatment, including IRRF withholding of up to 25% for certain non-resident investors.
Eletrobras reports that shareholders approved several major governance and capital-structure changes at an extraordinary general meeting. They authorized management to apply for migration to B3’s Novo Mercado segment and to implement the effective migration once all conditions are met.
Shareholders approved converting PNA1 and PNB1 preferred shares into common shares at a ratio of 1.1 common share for each preferred share, subject to specified suspensive conditions and regulatory consent from ANEEL. They also approved a full amendment and restatement of the bylaws to reflect the preferred-share conversions, update capital information and incorporate Novo Mercado requirements.
The new bylaws set capital at BRL 100,135,201,429.75, divided into common shares, class “C” preferred shares and a special preferred share held by the Federal Government. The bylaws introduce a 10% voting cap per shareholder or group, mandatory tender offers at 30% and 50% control thresholds with significant premiums, and detailed rules for conversion and redemption of class “C” preferred shares between 2026 and 2031. They also formalize Federal Government rights to elect board and Fiscal Council members separately, with those rights tapering and ultimately expiring if its voting stake falls below defined levels.
Brazilian Electric Power Co executive Rodrigo Limp Nascimento reported a tax-related share disposition linked to RSU vesting. On March 30, 2026, the company withheld 12,403 common shares to cover withholding taxes when fifty percent of his restricted stock units vested. After this non-market, tax-withholding transaction, he directly held 135,775 common shares, RSUs, and vested units in total, reflecting a routine compensation and tax event rather than an open-market sale.
Brazilian Electric Power Co executive Camila Gualda Sampaio Araujo reported a tax-related share disposition tied to RSU vesting. On the vesting of restricted stock units, 8,269 common shares were withheld by the company to cover applicable withholding taxes rather than sold on the market.
Each restricted stock unit is economically equivalent to one common share and is settled in shares on a 1:1 basis under the company’s restricted share based compensation program for executive officers. After this tax-withholding event, the executive’s combined position in vested RSUs (net of tax), unvested RSUs, and common shares totals 103,652 units.
Eletrobras – Brazilian Electric Power Co executive Elio Gil de Meirelles Wolff reported a routine tax withholding related to equity compensation. On March 30, 2026, the company withheld 2,068 Common Shares to cover applicable withholding taxes triggered by the vesting of restricted stock units (RSUs).
This was not an open-market sale but a payment of tax liability using shares. Each RSU is economically equivalent to one Common Share and settles 1:1 under the company’s restricted share based compensation program for executive officers. After this transaction, the executive’s combined position, including vested RSUs (net of tax), unvested RSUs, and Common Shares, totals 25,911 shares.