Centrais Eletricas SEC Filings

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.

Centrais Elétricas Brasileiras S.A. – Eletrobrás has formalized a comprehensive executive compensation and clawback policy for AXIA Energia and its subsidiaries. The policy, effective from October 23, 2025, defines how fixed, short‑term and long‑term incentives are structured for directors, executives, and committee members.

It links most executive pay to performance and ESG indicators, sets governance for equity‑based plans, and introduces a detailed clawback framework consistent with Section 10D of the Exchange Act, SEC Rule 10D‑1, and NYSE Section 303A.14. The clawback requires recovery of wrongly awarded incentive compensation when financial statements must be restated, covering current and former executive officers over a three‑year lookback period.

Centrais Elétricas Brasileiras S.A. (Eletrobrás) reports that class A1 preferred shareholders approved converting all PNA1 preferred shares into common shares (ON) at a ratio of 1.1 common share for each 1 PNA1 share, under Article 136, paragraph 1 of the Brazilian Corporation Law.

At the special meeting of class A1 preferred shareholders to be held on 04.01.2026, distance voting results show 62,484 votes in favor, 610 against, and 3 abstentions or blanks.

Centrais Elétricas Brasileiras S.A. – Eletrobras reports the voting outcome of a special meeting of its class “B1” preferred shareholders. Holders approved converting all class B1 preferred shares (PNB1) into common shares at a fixed ratio of 1.1 common share for each 1 PNB1 share, under Article 136, paragraph 1, of Brazilian Corporation Law.

The resolution received 126,316,125 votes in favor, with only 3,806 against and 2,114 abstentions/blanks, indicating very strong support among the affected shareholders. The company also reiterates its standard caution that forward-looking statements are subject to various economic, regulatory, and operational risks in Brazil and abroad.

Centrais Elétricas Brasileiras S.A. – Eletrobras reported shareholder voting results on a series of corporate restructuring proposals. Shareholders strongly supported authorizing management to seek admission of the company’s shares to B3’s Novo Mercado special listing segment and to implement the migration.

They also approved proposals to convert all class A1 and B1 preferred shares into common shares at a ratio of 1.1 common share for each preferred share, subject to specific conditions such as separate class meetings, approval of related conversions, authorization by B3, and required consents from ANEEL. Further amendments to the bylaws reflecting the new capital structure and Novo Mercado requirements were also endorsed, with alternative bylaw changes laid out if only part of the conversions becomes effective.

Brazilian Electric Power Co (Eletrobras) director Ana Silvia Corso Matte increased her stake through an open-market purchase. She bought 500 Class "C" Preferred Shares at $9.97 per share, bringing her direct holdings in this class to 5,300 shares.

These Class "C" Preferred Shares automatically convert into Common Shares on a 1:1 basis under the company’s bylaws, with 4% of the originally issued Class "C" Preferred Shares converting in each fiscal year from 2026 to 2030 and all remaining shares converting in fiscal year 2031, assuming they are not redeemed earlier.

de Souza Monteiro Ivan reported acquisition or exercise transactions in this Form 4 filing.

BRAZILIAN ELECTRIC POWER CO (Eletrobras) reported that executive officer Ivan de Souza Monteiro received an adjusted grant of 46,530 restricted stock units (RSUs) on March 20, 2026. Each RSU equals one common share and is reserved for executive officers under the company’s share-based compensation program. The RSU count reflects an adjustment linked to the company’s December 2025 bonus stock issuance that created Class C preferred shares, with no additional consideration paid by the executive. Following this adjustment, he holds 223,558 RSUs directly.

Brazilian Electric Power Co (Eletrobras) reported that executive officer Rodrigo Limp Nascimento acquired 18,774 Restricted Stock Units as a compensation-related award. Each RSU equals one common share and is settled on a 1:1 basis under the company’s restricted share-based compensation program.

The filing explains that the 18,774 RSUs reflect an adjustment required by his RSU award agreement following the company’s December 2025 bonus stock issuance, which created Class "C" preferred shares. No additional consideration was paid by the executive for this adjustment. After the change, he holds 90,202 RSUs directly.