Axia Energia Board Approves Up to R$ 3.48 Billion Redemption of Class C Preferred Shares

• Axia Energia’s board met on October 20, 2026, unanimously endorsing its sixth Class C preferred share redemption.
• The compulsory redemption will total up to R$ 3.48 billion.
• The operation covers 59,264,305 shares to be redeemed or converted, representing 18.54% of the Class C preferred shares.
• The terms reference AXIA3’s October 19, 2026, closing price of R$ 58.72.
• Directors authorized executive management to implement the redemption.

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