Gualda Sampaio Araujo Camila sold AXIA3

Footnotes

The exercise price of the common shares was denominated in Brazilian reais ("BRL"). The original exercise price was BRL 59.4326 per share, which has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions occurring through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). The converted exercise price reported herein is $11.31 per share. Brokerage commissions and other costs of execution, if any, have been excluded from the reported price.; The exercise price of the common shares was denominated in Brazilian reais ("BRL"). The original exercise price was BRL 57.1432 per share, which has been converted to U.S. dollars ("USD") using the U.S. Department of the Treasury Bureau of the Fiscal Service Treasury Reporting Rates of Exchange as of March 31, 2026 (the most recently published quarterly rate, applicable to transactions occurring through June 30, 2026), at a rate of 5.2540 BRL per USD (fiscaldata.treasury.gov). The converted exercise price reported herein is $10.88 per share. Brokerage commissions and other costs of execution, if any, have been excluded from the reported price.; Pursuant to Article 11 of the Bylaws of Eletrobras - Brazilian Electric Power Co. (the "Company"), the Class "C" Preferred Shares shall be automatically converted into Common Shares, assuming such Class "C" Preferred Shares are not earlier mandatorily redeemed by the Company in accordance with its Bylaws, at a ratio of 1:1, as follows: 4% of the total volume of originally-issued Class "C" Preferred Shares, allocated proportionally among all holders, in each of the fiscal years 2026, 2027, 2028, 2029 and 2030; and all Class "C" Preferred Shares remaining, in fiscal year 2031.