Axia Energia set October 21, 2026, as the record date for redeeming its Class C preferred shares (PNC). The redemption price is R$ 58.72 per share, equal to the closing price of the company’s common shares on October 19, 2026. The operation covers more than 59 million PNC shares and is valued at approximately R$ 3.48 billion.
Shareholders may convert PNC shares into common shares at a one-for-one ratio from October 26 to October 28, 2026. Shares not converted will be redeemed automatically, with payment scheduled for November 6, 2026. PNC shares will trade ex-rights starting October 22, 2026.