COPEL (ELP) reschedules extraordinary meeting; remote votes remain valid
Rhea-AI Filing Summary
COPEL notified shareholders that Brazil's CVM authorized the resumption of the Extraordinary General Meeting (EGM) process that had been interrupted. The company will reconvene the EGM on first call on August 22, 2025 at 2:00 p.m. Voting instructions already submitted via the remote voting bulletin will remain valid unless a shareholder requests they be disregarded or changes the instruction at the EGM. The company will publish an updated Management Manual and Proposal and makes access procedures available on its and CVM/B3 websites. Contact details for Investor Relations are provided.
Positive
- CVM authorization to resume the EGM restores the statutory process and clarifies next steps for shareholders
- Previously submitted remote voting instructions remain valid, preserving shareholder intent unless changed
- Company will publish an updated Management Manual and Proposal and provide EGM access procedures on official websites
- Clear investor relations contact details provided for shareholder inquiries
Negative
- Call period was interrupted, requiring resumption and a new meeting date
- Rescheduling may cause timing uncertainty for shareholders wishing to amend votes or participate at the new date
Insights
TL;DR: Resumption of the EGM preserves prior votes and updates governance materials, limiting procedural disruption.
The CVM's authorization to resume the interrupted call restarts the statutory timeline rather than creating a new notice period, which helps preserve shareholder voting intent by keeping previously submitted remote voting bulletins valid. Publishing an updated Management Manual and Proposal supports transparency and aligns with regulatory expectations. The rescheduled first-call EGM date (August 22, 2025 at 2:00 p.m.) provides a concrete timetable for shareholders and regulators.
TL;DR: Procedural restart is operationally important but not a material change to corporate strategy.
From an investor-relations standpoint, maintaining existing remote votes reduces administrative burden and potential vote re-submissions. Making updated documentation available on CVM and company IR sites and supplying clear contact information is consistent with best practices for disclosure. The notice is administrative in nature and contains no financial metrics or strategic decisions.
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 August, 2025
Commission File Number 1-14668
COMPANHIA PARANAENSE DE ENERGIA
(Exact name of registrant as specified in its charter)
Energy Company of Paraná
(Translation of Registrant's name into English)
José Izidoro Biazetto, 158
81200-240 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011
(Address of principal executive offices)
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____
MATERIAL FACT | 08/25 COMPANHIA PARANAENSE DE ENERGIA – COPEL CNPJ/ME 76.483.817/0001-20 – NIRE 41300036535 – Registro CVM 1431-1 B3 (CPLE3, CPLE5, CPLE6) NYSE (ELP, ELPC) LATIBEX (XCOP, XCOPO) Resumption of the Call for the Extraordinary General Meeting for Migration to [B]³’s Novo Mercado COMPANHIA PARANAENSE DE ENERGIA - COPEL (“the Company”), in continuation of Material Facts Nos. 4/25, 6/25 and 7/25 and in compliance with the provisions of paragraph 4 of Article 157 of Law No. 6,404, dated December 15, 1976 (“Brazilian Corporation Law”), and Resolution No. 44 of the Brazilian Securities and Exchange Commission (“CVM”) dated August 23, 2021, as amended, hereby informs its shareholders and the market in general that, at a meeting held on August 15, 2025, the CVM Board authorized the resumption of the Extraordinary General Meeting originally called to be held on August 4, 2025 (“EGM”). In line with the Collegiate's decision, the counting of the call period will resume from the date on which it was interrupted, so that the Company's management is arranging for a new call for the AGE, to be held, on first call, on August 22, 2025, at 2:00 p.m. The Company's management emphasizes that the voting instructions already sent through the remote voting bulletin (“BVD”) for the EGM will remain valid, unless the shareholder himself requests that they be disregarded or changes his voting instruction at the EGM itself. The deadlines and procedures applicable for requesting access to the EGM will be available in the updated version of the Management Manual and Proposal to be made available on this date by the Company on the CVM website and on the Company's investor relations website (https://ri.copel.com/). Finally, the Company reaffirms its commitment to transparency and to keeping the market and its shareholders properly informed, in accordance with applicable laws and regulations and in line with best corporate governance practices, through its usual disclosure channels: the websites of the CVM (www.gov.br/cvm), B3 (www.b3.com.br) and the Company itself (https://ri.copel.com/). Curitiba, August 18, 2025 Felipe Gutterres Vice-President of Financial and Investor Relations For further information, please contact the Investor Relations team: ri@copel.com or (41) 3331-4011
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 August 18, 2025
| COMPANHIA PARANAENSE DE ENERGIA – COPEL | ||
| By: |
/S/ Daniel Pimentel Slaviero |
|
| Daniel Pimentel Slaviero Chief Executive Officer |
||
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates of future economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.
FAQ
What action did COPEL announce regarding the EGM (ELP)?
Will previously submitted remote votes remain valid for the rescheduled COPEL EGM?
Where will COPEL publish updated materials for the EGM?
How can shareholders get more information about the EGM?
Does the notice include any financial results or strategic decisions?
