Eletrobras Special Meeting Minutes: Class A1 Preferred Shares Conversion Approved

This filing details the minutes of a Special Meeting of Holders of Class "A1" Preferred Shares of Centrais Elétricas Brasileiras S.A. – Eletrobras, held on April 1st, 2026. The primary resolution approved was the conversion of all Class "A1" preferred shares into common shares at a ratio of 1.1 common shares for each Class "A1" preferred share. This conversion is subject to approval at an Extraordinary Shareholders’ Meeting and the satisfaction of other conditions precedent. The meeting was conducted digitally, with a quorum represented by 62.92% of the voting Class A1 preferred shares. The minutes were prepared in summary form and published omitting shareholder signatures, as permitted by Brazilian Corporation Law. The approval of the conversion passed with a significant majority.