AXIA Energia Director's Mandatory Share Exchange for Novo Mercado Migration

2026-06-10SEC Filing 4 (0001213900-26-067519)

This Form 4 filing reports that Pedro Batista de Lima Filho, a director of AXIA Energia S.A., participated in a mandatory share exchange on June 5, 2026, as part of the company's migration to the Novo Mercado listing segment of B3. The transaction involved the exchange of Class "B1" Preferred Shares for Common Shares at a 1:1.1 ratio, with no cash consideration involved. The director acquired over 30 million Common Shares across multiple managed accounts while disposing of corresponding Class "B1" Preferred Shares. The filing includes detailed footnotes explaining that the director may be deemed to indirectly beneficially own these shares through his partnership at Radar Gestora de Recursos Ltda., which manages various investment funds holding AXIA Energia shares. The director disclaims beneficial ownership except to the extent of his pecuniary interest.