Axia Energia shifts 23,077,710 treasury shares to “shareholders to be identified,” cuts BRL 1.1 billion compulsory loan liability

• Axia Energia’s board authorized shifting treasury shares to an “shareholders to be identified” account to rebuild stock used in compulsory-loan claims.
• Transfer set at 18,627,331 AXIA3 common shares, 4,450,379 AXIA7 class C preferred shares, to be completed within 30 days.
• Move enables a write-down of about R$ 1.1 billion in the related compulsory-loan liability, with no impact on earnings.
• No share cancellation or issuance planned, with no change to share capital or free float, no expected control or governance impact.

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