Form 3 Filing for BRAZILIAN ELECTRIC POWER CO

This filing details the ownership of securities by Eduardo Haiama, Executive Vice-President of Finance and Investor Relations at BRAZILIAN ELECTRIC POWER CO (AXIA3). The report includes information on stock options granted under the company's restricted share-based compensation program. These options have specific vesting schedules, with portions vesting over three to five years from the grant date, subject to performance goals and other conditions. The exercise price for these options is R$42.00 per share, with interest accruing at 5% annually. Upon exercise, a 180-day lock-up period applies, restricting the sale or transfer of the acquired shares. The filing specifies the number of underlying common shares for the options, with details on exercise and expiration dates noted in accompanying footnotes.