On Thursday, August 20, 2026, Axia Energia (AXIA3, AXIA7) approved in its Board of Directors the transfer of 18,627,331 common shares (AXIA3) and 4,450,379 class C preferred shares (AXIA7), currently held in treasury, to the “shareholders to be identified” account. The measure aims to restore the balance of shares used to meet obligations related to lawsuits over differences in monetary restatement of credits from the compulsory energy loan.
As a counterpart to restoring this balance, Axia Energia will write off approximately R$ 1.1 billion from the “compulsory loan” liability, based on the June 30, 2026 reference date, with no impact on earnings. According to the company, the transaction also reduces economic volatility linked to fluctuations in the market price of these shares.
Before the approved transfer, there were 2,278,697,967 common shares AXIA3 and 552,689,876 class C preferred shares AXIA7 outstanding, while the treasury held 61,029,195 common shares AXIA3 and 14,828,830 class C preferred shares AXIA7. The company reports that this movement does not involve the cancellation or issuance of new shares, does not change the share capital and does not reduce the number of outstanding shares.
The transfers to the “shareholders to be identified” account will be carried out within up to 30 days and are not expected to impact Axia Energia’s ownership structure or corporate governance framework.
