AXIA Energia EVP Disposes Class C Preferred Shares via Mandatory Redemption

Executive Summary

On September 22, 2026, Rodrigo Limp Nascimento, Executive Vice-President of Regulation, Institutional, Market Regulation and Corporate Relations at AXIA Energia S.A. (Ticker: AXIA3), reported the disposition of 1,455 Class "C" Preferred Shares at an effective price of $10.74 per share (~55.56 BRL), amounting to a total transaction value of approximately $15,626.70.

Transaction Details

• Security: Class "C" Preferred Shares
• Transaction Code: J (Other transaction)
• Nature of Transaction: Mandatory cash redemption pursuant to Article 11 of the Company's Bylaws, which mandates that Class "C" preferred shares convert or redeem proportionally (4% annually across 2026–2030, with remainder in 2031).
• Price Determination: The redemption price of 55.56 BRL per share was converted into USD at an exchange rate of 5.1740 BRL per USD.
• Post-Transaction Holdings: The reporting owner directly holds 5,969 Class "C" Preferred Shares following the redemption.

Market and Trading Significance

This transaction carries Low trading significance. The disposition was not a discretionary open-market sale by the insider, but rather a non-discretionary corporate event governed by company bylaws regarding scheduled mandatory redemptions of preferred equity.