Shareholding structure

October 2025
Common shares

Government group

Non-residents shareholders

Residents shareholders

Social capital Shares %
Government group* 916,234,545 45.17
ADR 55,413,903 2.73
Non-residents shareholders 617,203,052 30.43
FMP – FGTS Eletrobras** 52,816,664 2.60
General retail 334,077,044 16.47
Shares in Treasury 52,799,078 2.60
Total 2,028,544,286 100.00

* The following shareholders are part of the Government Group: União Federal, BNDES/BNDESPAR, FND, FGHAB, Banco do Nordeste, BB Asset, Caixa Asset, Petros and Previ.

** The amount of FMP does not consider the privatization funds of BB Asset and Caixa Asset, which are already registered in the total of the Government Group. Considering both funds, the total amount of FMP is 91,795,696 , representing 4.53% of total common shares.

October 2025
Preferred shares

Government group

Non-residents shareholders

Residents shareholders

Social capital Shares %
Government group* 38,833,571 13.86
ADR 4,956,854 1.77
Non-residents shareholders 102,639,122 36.65
FMP – FGTS Eletrobras 0.00
General retail 126,291,806 45.9
Shares in Treasury 7,366,961 2.63
Total 280,088,314 100.00

* The following shareholders are part of the Government Group: União Federal, BNDES/BNDESPAR, FND, FGHAB, Banco do Nordeste, BB Asset, Caixa Asset, Petros and Previ.

October 2025
Social capital

Government group

Non-residents shareholders

Residents shareholders

Social capital Shares %
Government group* 955,068,116 41.37
ADR 60,370,757 2.62
Non-residents shareholders 719,842,174 31.18
FMP – FGTS Eletrobras** 52,816,664 2.29
General retail 460,368,850 19.94
Shares in Treasury 60,166,039 2.61
Total 2,308,632,600 100.00

* The following shareholders are part of the Government Group: União Federal, BNDES/BNDESPAR, FND, FGHAB, Banco do Nordeste, BB Asset, Caixa Asset, Petros and Previ.

** The FMP amount does not consider the privatization funds of BB Asset and Caixa Asset, which are already registered in the total of the Government Group. Considering both funds, the total amount of FMP is 91,795,696 , representing 3.98% of the total share capital.