AXIA Energia S.A. Board of Directors Approves Redemption of Class “C” Preferred Shares

AXIA Energia S.A. has announced that its Board of Directors has approved the redemption of 576,923 Class “C” preferred shares (PNCs), equivalent to R$30 million, representing 0.0951% of this class of shares. This initial redemption is a pilot program to evaluate the process. Key dates include: June 18, 2026, for B3 record date; June 19, 2026, as the ex-rights date; and July 7, 2026, for the payment of the redemption amount. Shareholders have the option to convert their PNC shares into common shares on a 1:1 ratio between June 23 and June 29, 2026, with conversion occurring on July 1, 2026. Holders of American Depositary Receipts (ADRs) backed by PNC shares will have their shares mandatorily redeemed and will not be able to opt for conversion. The company has provided a dedicated page on its Investor Relations website for further details.