Copel (CPLE3) on Wednesday, July 15, 2026, approved a review of the parameters of its optimal capital structure and its Dividend Policy, valid for the current period. The financial leverage target was raised from 2.8x to 2.9x, measured by the net debt/EBITDA ratio (earnings before interest, taxes, depreciation and amortization), with a tolerance range from 2.6x to 3.2x. The convergence period to the midpoint of the range was extended from 24 to 48 months.
According to the material fact, the Dividend Policy continues to provide for a minimum annual distribution of 75% of net income, with payments at least twice a year. The company reports that the full details of the revised policy are available on its investor relations website.







