Copel Board Approves R$1.35 Billion Dividend Distribution and R$3.2 Billion Subsidiary Debenture Guarantees

Companhia Paranaense de Energia (Copel) filed a Form 6-K reporting key decisions from its December 10, 2025 Board of Directors meeting. The Board approved the distribution of R$1.35 billion in extraordinary dividends from profit reserves, with a record date of December 30, 2025 and payment by June 30, 2026. Additionally, the Board authorized corporate guarantees for subsidiary debenture issuances totaling R$3.2 billion - R$2 billion for Copel Distribuição's 11th debenture issue and R$1.2 billion for Copel Geração e Transmissão's 11th debenture issue. Both debenture issues have 12-year terms with IPCA-indexed returns. The Board also approved Copel's 2025-2027 Materiality Process results and the extinction of certain procurement policies. These decisions represent significant capital allocation and financing activities for the Brazilian energy company.