AXIA Energia Director's Preferred Share Conversion and Common Share Acquisition

This Form 4 filing reports that Jose Joao Abdalla Filho, a director of AXIA Energia S.A., was involved in the mandatory conversion of Class "C" Preferred Shares into Common Shares on July 1, 2026. The conversion was part of the company's mandatory redemption of 0.0951% of outstanding preferred shares announced on June 14, 2026, in accordance with the company's bylaws. Filho indirectly acquired 3,721 and 20,452 Common Shares through his controlling positions in investment funds Banclass FIA and FIA Dinamica Energia, respectively, while simultaneously disposing of the same number of Class "C" Preferred Shares. The transactions occurred at a 1:1 conversion ratio with no monetary consideration. Filho disclaims direct beneficial ownership but acknowledges indirect ownership through his control of these investment vehicles. The filing reflects ongoing corporate actions related to the company's capital structure and preferred share conversion schedule.