Axia Energia completes preferred-to-common share conversion auction at BRL 50.16 average price

• Axia Energia completed the conversion of PNA1 and PNB1 preferred shares into ON common shares at a 1.1-for-1 ratio.
• The conversion followed the company’s migration to the Novo Mercado segment.
• A fractional-share auction sold 21,632 ON shares at an average BRL 50.16 per share, net of fees.
• Proceeds will be paid to holders of fractional entitlements on July 28, 2026, prorated to their positions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Axia Energia SA published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001292814-26-003816), on July 20, 2026, and is solely responsible for the information contained therein.