Energy Co of Minas Gerais layoffs, on the record

Headcount, as reported

Job cuts, severance and restructuring

1. Our summaryVoluntary severance incentive program open to all employees, which the company has been carrying out in recent years. In recent years

   Word for word“In recent years, we have been carrying out voluntary severance incentive programs open to all our employees.” 20-F for 2023

2. Our summaryA voluntary severance program under which employment contracts were terminated by dismissal on request, with no FGTS severance fine or indemnified prior notice paid. Affected: The Program has reached 154 employees · Cost: The Company expects to save R$ 37.2 million per year.

   Word for word“The Program has reached 154 employees and the Company expects to save R$ 37.2 million per year.” 20-F for 2023

3. Our summaryEmployee headcount fell during 2023 as 278 employees left CEMIG while 228 were hired. In 2023 · Affected: 278 left CEMIG

   Word for word“(1) In 2023, 228 employees were hired and 278 left CEMIG.” 20-F for 2023

4. Our summaryCompany approved a 2024 Programmed Voluntary Severance Plan (PDVP) offering employees voluntary acceptance, and 357 employees accepted the final result. Cost: Spending on the program totaled R$ 78

   Word for word“Spending on the program totaled R$ 78 , recognized in Personnel costs and Personnel expenses.” 20-F for 2024

5. Our summaryCompany reported that its 2024 voluntary severance program reached 357 employees and expected annual savings. Affected: 357 employees · Cost: R$ 135 million per year

   Word for word“The Program has reached 357 employees and the Company expects to save R$ 135 million per year.” 20-F for 2024

6. Our summaryThe company approved and ran a voluntary severance program in 2025, which 118 employees joined, with severance pay plus a bonus based on length of service. Cost: R$ 22

   Word for word“The program’s costs totaled R$ 22 and were recognized in profit or loss as personnel costs and expenses.” 20-F for 2025

7. Our summaryThe company ran a voluntary severance program open to all employees, which reached 118 employees and is expected to save R$34 million per year. Affected: 118 employees · Cost: R$34 million per year

   Word for word“The Program has reached 118 employees and the Company expects to save R$34 million per year.” 20-F for 2025

Energy Co of Minas Gerais has filed no restructuring notice (Form 8-K, Item 2.05) since 2016. Companies file one only for a cut they judge material, so many announced layoffs never appear as one. This page shows what the company reported to the SEC, not news reports or state layoff notices.

Read from Energy Co of Minas Gerais’s annual reports (20-F for 2025, 20-F for 2024, 20-F for 2023) and the financial data it files with the SEC, as of 2026-04-17. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.