• Axia Energia opens elections to convert class C preferred shares (PNC) into common shares Oct. 26 through Oct. 28, 2026.
• PNC shares will be automatically redeemed if holders do not elect conversion by the deadline.
• American depositary receipt holders cannot elect conversion; their underlying PNC shares will be mandatorily redeemed.
• Redemption payments are due Nov. 6, 2026, for B3-traded PNC shares; ADR holders will receive payment by Nov. 17, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axia Energia SA published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.