AXIA Energia Director Pedro Batista de Lima Filho Sells 597,500 Shares

Pedro Batista de Lima Filho, a director of AXIA Energia S.A. (AXIA3), filed a Form 4 disclosing the sale of 597,500 common shares on June 15, 2026. The sales were executed at a weighted average price of $10.13 per share (converted from 53.20 Brazilian reals). The transactions involved sales of 423,700 shares from Maliko Investments and 173,800 shares from Radar Master Fundo. Filho is a partner at Radar Gestora de Recursos Ltda., which manages multiple investment funds holding AXIA shares. The filing includes disclaimers that Filho and the managed accounts disclaim beneficial ownership except to the extent of their pecuniary interest. Following the transactions, Filho maintains significant indirect holdings through various managed accounts totaling over 20 million shares.