Initial Statement of Beneficial Ownership

This filing indicates that Carlos Marcio Ferreira, a director at BRAZILIAN ELECTRIC POWER CO, has no securities beneficially owned as of March 18, 2026. The company trades on the B3 under ticker symbols AXIA3 for Common Shares, AXIA6 for Class "B1" Preferred Shares, and AXIA7 for Class "C" Preferred Shares. The filing is an Initial Statement of Beneficial Ownership (Form 3).