AXIA Energia Director Vicente Falconi Campos Reports Preferred Share Conversion

Transaction Overview

On October 2, 2026, AXIA Energia S.A. Director Vicente Falconi Campos reported the acquisition of Common Shares resulting from a mandatory conversion of Class "C" Preferred Shares ("PNC Shares") pursuant to the Company's bylaws.

Breakdown of Transactions

• Direct Ownership:

  • Converted 1,464 PNC Shares into 1,464 Common Shares at $0.00 per share.
  • Following the transaction, direct beneficial ownership stands at 144,438 Common Shares (including RSUs) and 8,011 PNC Shares.

• Indirect Ownership:

  • STARTOURS FIA IE: Converted 114,297 PNC Shares into 114,297 Common Shares. Post-transaction, Startours holds 4,555,632 Common Shares and 625,017 PNC Shares.
  • TUCA FIA RESPONSABILIDADE LIMITADA: Converted 66,846 PNC Shares into 66,846 Common Shares. Post-transaction, Tuca holds 2,664,336 Common Shares and 365,539 PNC Shares.

Strategic Context & Significance

This conversion was executed in connection with the mandatory redemption of 15.46% of the Company's outstanding PNC Shares announced on September 22, 2026, under Article 11 of the Company’s bylaws. Because the transaction represents a non-discretionary, mandatory corporate conversion rather than an open-market purchase or sale, its trading significance is Low.