AXIA Energia acquisitions, on the record

Word for word“To meet the financial obligations arising from the adverse judgement in the SAESA Arbitration, in July 2022, Furnas acquired control of MESA, the parent company of SAESA.” 20-F for 2023

Word for word“Pursuant to Law No. 14,182/2021 and CPPI Ordinance No. 203/2021, as amended by CPPI Ordinance No. 221/2021, we transferred the entirety of our interest in Itaipu, which represented a 50% shareholding, to ENBPar for a consideration of R$1.1 billion.” 20-F for 2023

Word for word“In September 2023, we signed an agreement to sell the Candiota thermoelectric complex, our group's only coal asset, to Âmbar Energia S.A. for R$72.0 million (equity value).” 20-F for 2023

Word for word“On June 30, 2023, through our subsidiary Furnas, we acquired lot 4 in the Auction Transmission No. 01/2023 held by ANEEL, with an RAP of R$68.7 million and capital expenditure of R$786.6 million.” 20-F for 2023

Word for word“The transaction occurred in two stages: (a) On October 6, 2023, Furnas acquired 100% of the shares in Baguari Energia from Cemig Geração e Transmissão S.A. for an amount of R$421.2 million; and (b) On October 16, 2023, Baguari Energia acquired 100% of the shares of Baguari I from Neoenergia S.A. for an amount of R$454.0 million.” 20-F for 2023

Word for word“Also in November 2023, Furnas became the sole owner of the Retiro Baixo Hydroelectric Plant by acquiring the 49.9% stake held by Cemig Geração e Transmissão S.A. and an additional 1.1% from Orteng Equipamentos e Sistemas Ltda.” 20-F for 2023

Word for word“In December 2023, Furnas concluded the acquisition of 51% of the share capital of the Vale do São Bartolomeu S.A. SPE and Triângulo Mineiro Transmissora S.A.” 20-F for 2023

Word for word“In August 2023, after meeting all necessary conditions to conclude the sale of 100% of Livramento Holding S.A. and its four inactive SPEs (Eólica Cerro Chato IV S.A., Eólica Cerro Chato V S.A., Eólica Cerro Chato VI S.A., and Eólica Cerro dos Trindade S.A.), CGT Eletrosul completed the sale of assets to Arthur Moura Engenharia, retaining only the wind power SPE, Ibirapuitã S.A. in its portfolio.” 20-F for 2023

Word for word“In July 2023, we divested our entire shareholdings in Energisa Sul-Sudeste - Distribuidora de Energia S.A. (Energisa S-SE) (9 shares) and Energisa Mato Grosso - Distribuidora de Energia S.A. ” 20-F for 2023

Word for word“In September 2023, we sold our entire equity interest comprising 15,307,740 common shares held in Companhia Paranaense de Energia – COPEL for R$125.3 million on B3.” 20-F for 2023

Word for word“In December 2022, we transferred 3,067,035 common shares and 87,639 preferred shares representing a 32.74% stake in our affiliate CEEE-G, by appointment of Companhia Siderúrgica Nacional (“CSN”) to Companhia Florestal do Brasil – CFB, a CSN subsidiary, for R$367.0 million as part of the payment negotiated in a court agreement entered into by the parties to the compulsory loans.” 20-F for 2023

Word for word“On February 8 , 2018, at our 170 th Extraordinary Shareholders Meeting, our shareholders ratified the decision to sell our six distribution companies, except we would retain one common share in each company, as well as the assumption by us of these distribution companies’ rights to the CCC Account and the CDE Account of R$8.4 billion along with a credit of the same amount, as adjusted, through June 30, 2017.” 20-F for 2023

Word for word“In January 2023, at our 185 th Extraordinary Shareholders Meeting, our shareholders approved the merger of the shares of the following subsidiaries: (i) Chesf; (ii) CGT Eletrosul; (iii) Furnas; and (iv) Eletronorte.” 20-F for 2023

Word for word“On July 1, 2024, after all conditions precedent were met, the merger of Furnas into us was completed.” 20-F for 2024

Word for word“On June 10, 2024, we announced an agreement with Âmbar Energia S.A. (Âmbar Energia) for the sale of our thermal power generation assets, which included Eletronorte’s thermal plants, whose energy was previously sold to Amazonas Energia and is now sold to CCEE.” 20-F for 2024

Word for word“On June 9, 2024, we entered into an agreement with Âmbar Energia S.A. group for the sale of our remaining operating thermoelectric power plants in the amount of R$4.7 billion, of which R$1.2 billion corresponded to an earn-out.” 20-F for 2024

Word for word“This is due to the sale of the Candiota III thermal power plant in January 2024 and the gas-fired power plants to  mbar Energia in June 2024.” 20-F for 2024

Word for word“In July 2024, we sold, in a public offering pursuant to CVM Resolution No. 160, 93,000,000 preferred shares of ISA Energia, formerly CTEEP – Companhia de Transmiss ã o de Energia El é trica Paulista owned by us, at a selling price of R$23.50 per preferred share.” 20-F for 2024

Word for word“Also in July 2024, Eletrobras concluded the sale of its minority stake (49%) in Chapada do Piau í I and Chapada do Piau í II wind complexes, which were comprised of 15 SPEs, to Infraestrutura Brasil Holding XX S.A., managed by Patria Investimentos, and Invenergy Wind South America LLC.” 20-F for 2024

Word for word“Eletropar’s Board of Directors has submitted to the General Shareholders’ Meeting to be held on April 29, 2025, the approval of the Company’s merger into us.” 20-F for 2024

Word for word“In April 2025, the Company concluded the acquisition of 51% of Eletronet S.A., consolidating AXIA Energia’s control over the company.” 20-F for 2025

Word for word“As described in Note 16.1.2 to the consolidated financial statements, in May, 2025, the Company completed the acquisition of UHE Colíder for a consideration transferred of R$ 1,316 million.” 20-F for 2025

Word for word“In October 2025, the Company entered into a purchase and sale agreement of its entire holding of 14,856,900 preferred shares of Empresa Metropolitana de Águas e Energia S.A. – EMAE, at a price of R$ 32.07 per share, totaling R$ 476,461 .” 20-F for 2025

Word for word“In October 2025, the Company entered into a purchase and sale agreement with J&F S.A. for the disposal of its entire interest in the associate Eletronuclear for R$ 535,000 , and reclassified the related investment as an asset held for sale.” 20-F for 2025

Word for word“In October 2025, a share purchase agreement was executed with Triunfo Participações e Investimentos S.A. ("TPI") and Mercúrio Participações e Investimentos S.A. for the acquisition of all shares of Juno Participações e Investimentos S.A., holder of 50.1% of Tijoá Energia.” 20-F for 2025

Word for word“On June 26, 2025, following the approval by the shareholders' meeting held on April 29, 2025, and after all applicable legal and corporate conditions had been satisfied, Eletropar was merged into us.” 20-F for 2025

Word for word“In May and October 2025, the Company completed the disposal of thermoelectric assets to the J&F S.A. group.” 20-F for 2025