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Institutional

Shareholding structure

  • Common shares
  • Preferred shares
  • Social capital
December 2025
Common shares

Government group

Non-residents shareholders

Residents shareholders

Social capital – ON Shares %
Government group* 917,501,485 45.23
ADR 53,413,903 2.63
Non-residents shareholders 632,785,934 31.19
FMP – FGTS Eletrobras 48,465,930 2.39
General retail 323,577,956 15.95
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 FMPs does not include the privatization funds of BB Asset and Caixa Asset, which are already recorded in the Government Group total. Considering both funds, the total amount of FMPs is 86,180,575, representing 4.25% of the total ON shares.

With the issuance of new PNC shares, which carry the same rights as common shares (ON), below is a breakdown of AXIA Energia’s voting capital:

Voting Total Capital – ON + PNC Shares %
Government group* 1,167,948,073 44.32
ADR 68,784,920
 2.61
Non-residents shareholders 752,736,623 28.56
FMP – FGTS Eletrobras 58,942,071 2.24
General retail 518,315,728 19.67
Shares in Treasury 68,612,988
 2.60
Total 2,635,340,403 100.00
December 2025
Preferred shares

Government group

Non-residents shareholders

Residents shareholders

Social capital PNA, PNB & PNC Shares %
Government group* 289,078,065 32.59
ADR 20,438,094 2.30
Non-residents shareholders 224,833,792 25.35
FMP – FGTS Eletrobras 10,476,141 1.18
General retail 318,877,467 35.95
Shares in Treasury 23,180,876 2.61
Total 886,884,431 100.00

* 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.

December 2025
Total Social capital

Government group

Non-residents shareholders

Residents shareholders

Social capital Shares %
Government group* 1,206,648,729 41.39
ADR 73,851,997 2.53
Non-residents shareholders 857,619,726 29.42
FMP – FGTS Eletrobras 58,942,071 2.02
General retail 642,455,423 22.04
Shares in Treasury 75,979,949 2.61
Total 2,915,428,717 100.00

* 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.