On Tuesday, September 15, 2026, Axia Energia (AXIA3, AXIA7) announced the completion of the third transaction for the conversion and redemption of class "C" preferred shares (PNC) into common shares (ON) issued by the company, at a 1:1 ratio, involving the conversion of 69,886,551 PNCs.
In the same transaction, 41,648,420 PNC shares were redeemed and canceled, with a cash settlement amount of R$ 2,314 million. The company also indicated allocable capital of R$ 7,700 million in the first and second quarters of 2026 and a remaining balance after the redemption of R$ 3,929 million.
Holders of American Depositary Receipts (ADRs) will receive the redemption amount within up to seven business days after September 22, 2026, the scheduled payment date for the third redemption.
After the completion of the transaction, Axia Energia’s share capital came to be composed of 2,417,135,038 common shares, 457,522,031 class "C" preferred shares, and 1 special share held by the Federal Government (golden share), totaling 2,874,657,070 shares.
