<SEC-DOCUMENT>0001292814-25-002755.txt : 20250728
<SEC-HEADER>0001292814-25-002755.hdr.sgml : 20250728
<ACCEPTANCE-DATETIME>20250725173333
ACCESSION NUMBER:		0001292814-25-002755
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20250930
FILED AS OF DATE:		20250728
DATE AS OF CHANGE:		20250725

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			BRAZILIAN ELECTRIC POWER CO
		CENTRAL INDEX KEY:			0001439124
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		ORGANIZATION NAME:           	01 Energy & Transportation
		EIN:				000000000
		STATE OF INCORPORATION:			D5
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-34129
		FILM NUMBER:		251152513

	BUSINESS ADDRESS:	
		STREET 1:		RUA DA QUITANDA, 196, 24TH FLOOR
		STREET 2:		CENTRO
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			20091-005
		BUSINESS PHONE:		55 21 2514 5891

	MAIL ADDRESS:	
		STREET 1:		RUA DA QUITANDA, 196, 24TH FLOOR
		STREET 2:		CENTRO
		CITY:			RIO DE JANEIRO
		STATE:			D5
		ZIP:			20091-005
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>ebr20250725_6k.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
</HEAD>
<BODY>


<HR SIZE="2" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%">

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" COLOR="Black" STYLE="width: 21%">

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>FORM 6-K</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Report of Foreign Private Issuer<BR>
Pursuant to Rule 13a-16 or 15d-16 of the</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">Securities Exchange Act of 1934</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>For the month of July, 2025</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Commission File Number 1-34129</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<HR SIZE="2" NOSHADE ALIGN="CENTER" COLOR="Black" STYLE="width: 21%">

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CENTRAIS EL&Eacute;TRICAS BRASILEIRAS S.A.
- ELETROBR&Aacute;S</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0"><BR>
<BR>
<BR>
</P>

<P STYLE="font: 18pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>BRAZILIAN ELECTRIC POWER COMPANY</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">(Translation of Registrant's name into English)</P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0"><BR>
<BR>
<BR>
</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>Rua da Quitanda, 196 &ndash; 24th floor,<BR>
Centro, CEP 20091-005,<BR>
Rio de Janeiro, RJ, Brazil</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">(Address of principal executive office)</P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0"><BR>
<BR>
</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center">Indicate by check mark whether the registrant
files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center">Form 20-F ___X___ Form 40-F _______</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center">Indicate by check mark whether the registrant
by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule
12g3-2(b) under the Securities Exchange Act of 1934.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt; text-align: center">Yes _______ No___X____</P>
<P STYLE="font: 12pt Verdana, Helvetica, Sans-Serif; margin: 1.1pt 165.7pt 0 2.3in; text-align: center"><B></B></P>

<P STYLE="font: 12pt Verdana, Helvetica, Sans-Serif; margin: 1.1pt 165.7pt 0 2.3in; text-align: center"><B></B></P>

<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->


<P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;<IMG SRC="ebr202507256k_001.jpg" ALT="" STYLE="height: 87px; width: 800px"></P>

<P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt/120% Verdana,sans-serif; margin: 0; text-align: justify"><B>Corporate Governance Report</B></P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">Rio de Janeiro, July 25, 2025, Centrais El&eacute;tricas
Brasileiras S/A - Eletrobras announces that the 2025 Corporate Governance Report was submitted yesterday on the Company&rsquo;s website
and on the Brazilian Securities and Exchange Commission (CVM) website. Eletrobras achieved a <B>94% compliance rate</B> with the practices
recommended by the Brazilian Corporate Governance Code, reaffirming its commitment to following the best and most transparent governance
guidelines.</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">Among the practices adopted by Eletrobras and disclosed
in the Governance Report, the following stand out:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="padding-bottom: 9pt; width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>The
Board of Directors composed of 70% of independent members.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Internal
regulations and policies that address the management of potential conflict of interest situations.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Annual
performance evaluation of the Board of Directors and its members, including the Chairperson, advisory committees, and the Governance
Secretariat, with the support of an independent external consultancy.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Annual
performance evaluation of the Executive Board members, with short-term variable compensation linked to the achievement of financial and
non-financial targets (including ESG aspects).</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Independent
and impartial Whistleblowing Channel in operation since 2017, awarded in 2025 by the Global Compact&rsquo;s Transparency 100% Platform
and in the 2021-2022 and 2023-2024 cycles by the <I>Pr&oacute;-Etica</I> Seal.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Compliance
with the Diversity Requirements of Annex B (ESG Measures) of the B3 Issuers&rsquo; Regulation, with the current Board of Directors including
at least one woman and one member of an underrepresented group (Black, Brown or Indigenous people, members of the LGBTQIA+ community,
or people with disabilities).</TD></TR></TABLE>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">Another highlight in 2024 and 2025 was the creation
of new bylaw rules:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Establishment
of clear and objective new rules regarding the election of members of the Board of Directors and Fiscal Council by the Federal Government,
within the scope of the Commitment Term signed to end ADI No. 7,385 currently pending before the Supreme Federal Court, thus ensuring
the preservation of the corporation model that guided Eletrobras&rsquo; privatization process and providing legal certainty to its shareholders.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Establishment
of a numerical limit of four accumulated positions on the Boards of Directors of publicly traded companies, including the board of Eletrobras
itself. More restrictive limits were set for board members who serve as chairperson of the board and for candidates holding executive
functions or chairing the Board of Directors in another publicly traded company (overboarding);</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Verdana,sans-serif; margin-bottom: 9pt"><TR STYLE="vertical-align: top"><TD STYLE="width: 20px"></TD><TD STYLE="width: 20px">&#8226;</TD><TD>Creation
of the Sustainability Committee.</TD></TR></TABLE>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin-top: 0; margin-bottom: 8pt; text-align: center">&nbsp;<IMG SRC="ebr202507256k_002.jpg" ALT="" STYLE="height: 57px; width: 800px"></P>

<P STYLE="font: 5pt Calibri,sans-serif; margin: 0; text-align: justify">This document may contain estimates and projections that are not
statements of past events, but reflect beliefs and expectations of our administration and may constitute estimates and projections of
future events in accordance with Section 27A of&nbsp;<I>the Securities Act</I>&nbsp;of 1933, as amended, And Section 21E of&nbsp;<I>the
Securities and&nbsp;Exchange&nbsp;Act</I>&nbsp;1934, as amended. The words &ldquo;believe&rdquo;, &ldquo;you will be able&rdquo;, &ldquo;you
can&rdquo;, &ldquo;you will&rdquo;, &ldquo;you will&rdquo;, &ldquo;anticipates&rdquo;, &ldquo;intends&rdquo;, &ldquo;expects&rdquo; and
similar aims to identify estimates that necessarily involve risks and uncertainties, known or not. Known risks and uncertainties include,
but are not limited to: General economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates,
inflation and Real value, changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness,
the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate
our hydroelectric plants, our capital investment and financing plans, existing and future government regulations, And other risks described
in our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they were
expressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future
events. The future results of the companies' operations and initiatives may differ from current expectations and the investor should not
rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.</P>

<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;<IMG SRC="ebr202507256k_001.jpg" ALT="" STYLE="height: 87px; width: 800px"></P>

<P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;</P>
<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">Eletrobras thus reaffirms its commitment to the continuous
improvement of its corporate governance, in line with the highest national and international standards, viewing its best practices as
tools for generating sustainable value for shareholders and other stakeholders.</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Calibri,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/107% Verdana,sans-serif; margin: 0 0 8pt; text-align: center">Eduardo Haiama</P>

<P STYLE="text-align: center; font: 10pt/107% Verdana,sans-serif; margin-top: 0; margin-bottom: 8pt"><B>Vice President of Finance and Investor Relations</B></P>

<P STYLE="font: 6pt Segoe UI,sans-serif; margin-right: 0; margin-left: 0; background-color: white; color: #242424">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin: 0 0 8pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/106% Verdana,sans-serif; margin-top: 0; margin-bottom: 8pt; text-align: center">&nbsp;<IMG SRC="ebr202507256k_002.jpg" ALT="" STYLE="height: 57px; width: 800px"></P>

<P STYLE="font: 5pt Calibri,sans-serif; margin: 0; text-align: justify">This document may contain estimates and projections that are not
statements of past events, but reflect beliefs and expectations of our administration and may constitute estimates and projections of
future events in accordance with Section 27A of&nbsp;<I>the Securities Act</I>&nbsp;of 1933, as amended, And Section 21E of&nbsp;<I>the
Securities and&nbsp;Exchange&nbsp;Act</I>&nbsp;1934, as amended. The words &ldquo;believe&rdquo;, &ldquo;you will be able&rdquo;, &ldquo;you
can&rdquo;, &ldquo;you will&rdquo;, &ldquo;you will&rdquo;, &ldquo;anticipates&rdquo;, &ldquo;intends&rdquo;, &ldquo;expects&rdquo; and
similar aims to identify estimates that necessarily involve risks and uncertainties, known or not. Known risks and uncertainties include,
but are not limited to: General economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates,
inflation and Real value, changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness,
the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate
our hydroelectric plants, our capital investment and financing plans, existing and future government regulations, And other risks described
in our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they were
expressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future
events. The future results of the companies' operations and initiatives may differ from current expectations and the investor should not
rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.</P>

<!-- Field: Page; Sequence: 3 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Gray 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>SIGNATURE</B></P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0 0 13.5pt; text-indent: 24.5pt">Pursuant to the requirements of the
Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto
duly authorized.</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-indent: 24.5pt">Date: July 25, 2025</P>

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 60%">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font: 11pt Verdana, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 12pt">CENTRAIS EL&Eacute;TRICAS BRASILEIRAS S.A. - ELETROBR&Aacute;S</FONT></TD></TR>
<TR>
    <TD STYLE="width: 10%">&nbsp;</TD>
    <TD STYLE="width: 87%">&nbsp;</TD>
    <TD STYLE="width: 3%">&nbsp;</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; font: 11pt Verdana, Helvetica, Sans-Serif"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 11pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 7.5pt">S</FONT><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif; font-size: 10pt">/&nbsp;</FONT><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">Eduardo Haiama</FONT></P>
<HR SIZE="1" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%"></TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="font: 11pt Verdana, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Eduardo Haiama</B></P>
        <P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0"><B>Vice-President of Finance and Investor Relations</B></P></TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0"></P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>FORWARD-LOOKING STATEMENTS</B></P>

<P STYLE="font: 12pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0pt 0 12pt">This document may contain estimates and projections that are not statements
of past events but reflect our management&rsquo;s beliefs and expectations and may constitute forward-looking statements under Section
27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words &ldquo;believes&rdquo;,
&ldquo;may&rdquo;, &ldquo;can&rdquo;, &ldquo;estimates&rdquo;, &ldquo;continues&rdquo;, &ldquo;anticipates&rdquo;, &ldquo;intends&rdquo;,
&ldquo;expects&rdquo;, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks and
uncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditions
in Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricity
usage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables;
changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans;
existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM and
SEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of these
estimates or projections due to new information or future events. Future results of the Company&rsquo;s operations and initiatives may
differ from current expectations, and investors should not rely solely on the information contained herein. This material contains calculations
that may not reflect precise results due to rounding.</P>
<HR SIZE="2" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%">

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>ebr202507256k_001.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ebr202507256k_001.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" "$!,,# 2(  A$! Q$!_\0
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M %%%% !1112 ****0"]J2E%)0 M%%%(04444@ 44E+0 4444 %%%%2 4444
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M2EI %)2TE "BB@44@"BBB@ HHHI, HHHI %+24M(04E+24@%HI!2T@"BBB@
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M=Z*.] "T444A!1112 0TM(:6@ HHHH ****D HHHH 6BD%+2 ****0!1110
M4444""BBBD 4444@"BBBD 4M)2T@"DI:0T  I:2EI %%%% !11128!1112 *
M6DI:0@I#2T'K2 2EI*6D 4444 %%%%( HHHI %%%%( HHHI %+24M !13ECD
M92RHQ4=2!P*;28@KZ$\-7T6H^&]/N(FW P*K>S*,,/S!KY[KT#P%K]]I-L^G
MMI\\T=Q*!;.Q\N)7/4%B.,XSQGZ<USUXWB>QE%=4JS4MFCT37]9CT;3P_P!^
MZN&\BTB R9)6^Z/IGJ>PK%F\ V5YX5ATNZD+7B%IOM>,MYS$ES_NDGIZ8K4T
MW19Q?G5-7N!=7W/DHH_=6JGJ(QZD=6/)]JVZX[VV/JG351/G6G8^;-1L;C1]
M4GTZ[ $\#;6VG(/<$>Q%0UWOQDM8(+S2KU$59IA)'(PZL%VXS],FO/XFW**[
MH2YE<^+QN&]A5<5L/HHHJCA"EI*6@ HHHI %%%%( HHHI %%%%( I:2EH 2B
MBBI$*.E% Z44@/0/RHKI?*T\?P6_Y"C&GC^"#_OD5T?6EV/M/9KN<UTHKI=U
M@/X8?P44OFV(_AC_ .^*7UKR#DCW.9HY]*Z7S[+/ 3_OC_ZU(;BT_NK^"T?6
M?(.2/\QS>#Z&C'^<5THN;3^ZO_?-)]JM!_ /^^*/K+[!R1_F.;_STHQ72?:K
M/^X/^^*;]JL_^>8_[XH^L>0<L?YCG<45T7VJS_YYC_O@4GVFR_YY+_WP*?UC
MR#EC_,<]170&>R[PK_WP*3SK#_G@O_?L4?6/(7+'N8%'X"M_S=/_ .>"_P#?
M I-VGG_E@G_?NG]8\@Y8=T<_M0]5%(8HC_ A^JBNAW:=_P \5_[YI/\ B79_
MU2_]\T_K O9Q[HYTVUN>L$1_X"*:;&T;K:PG_MF*Z3;II_Y9#\C1Y>F?\\Q^
MM/ZR'LH>1S#:78MUM(?P0"HVT336ZVB?@2/ZUU?D::?X/U:C[)IQZ*?S-5]9
M\R/J\'T1Q[>'M-;I"R_1S43>&;!NAF'T>NU_L^Q/3</Q-(=+M#T=OSJEBWW$
M\)!]$<.?"MF>DTX_$?X4P^%(,_+<R#Z@5W1T> ])7I#HB'I,_P#WS3^N/N2\
M#!_9.#/A1.UX?Q3_ .O49\)O_#=J?JG_ ->N_.A-VF/_ 'Q_]>D_L"0_\M<_
M\ -4L:^Y+R^'\IYXWA:[&=LL3?F*A;PWJ"]$C;Z/7HYT&?LX_P"^#2?V#<Y^
M\OY&J6-\S-Y;#L_O/,VT'4E/_'L3]''^-1G1M1'6T?\ 2O3SH=T.A3]?\*8=
M%O .$'YU:QOH0\LCYGF#:9?+]ZSF'_ #43VES']Z"5?JA%>HG2;U?^6)IATV
M\7/^CO\ @*I8Q$/+>S9Y8R,.H(_"DX KTY]/F/W[1S]4S_2H'TB)OOZ>I]S%
M_P#6JOK:[&;RZ71GG''K17H#:):$<V"#_@&*B;0=//WK,#\2/ZU2Q43-Y?4[
MG"45VK^'-.;I$Z?1S5=_"UH?N32K^1JEB($/ U4<E0:Z9O"@'W;O_OJ/_P"O
M4;>%)C]VYC_[Y(JO;P[F;PE9=#G:*W6\+7@&5F@/XG_"H'\.ZBG2-&^C52JP
M?4AX>JOLF315Y]'U!.MI*?\ =&:A-E=+]ZVF'U0_X4^>+ZF;IS6Z97%+3S%(
MGWHV'U%-QBBZ)LT)11^-%,04444A6"BBB@+!1112 **** %%(:44AH$%%%%(
M I:2EH **** "BBBD 4444@"BB@T ***2EH$%%%%2 AI:0TM !1110 4444F
M 4444@ =:6DI:0!1112 **** "BBB@04444@"BBBD 4444@"EI*6@ H-%%(!
M*6DI:0!1110 4444 %%%%2 4M)2T@"@T4AI""EI*6@ HHHI %%%%( HHHI %
M%%% !1114@%+24M '6^ O$L6@:K)%>2;+*Y7#MC.UAT/TZC\:];?2-'OU6=[
M"RG#C<)#$K;@>^<<U\[$9%7M.\1:WH9']G7\L<8.[RC\R'_@)XKGJTN9\T=S
MV<!F$:4/955>/3R^\]^M]&TNT</;Z=:1..C)"H(_'%37]C;ZE8S6=TF^&5=K
M#./R/8UY=8?&.2*)$U/2"[@?-+;R8S_P$CC\ZV(?C%X=DXEM]0A/^U$I'Z,:
MY'":>I]##%X64;1:M]QMC4+WPUOCU8/<:4F!#?(I=XU])@/3^\./6NBAFBN(
M4FAD22)QN5T;((]0:\[N_C)X>57CBL;^X!&.8U56_-L_I7G6K>,;F\>2'1(7
MT:PD4A[:"9MKD]3C@#/^R![YIJ#9G/&TJ2TE=%OXE^)AX@\4"VMF5K.PS$C#
M^-CC<?ID ?A[UA6XP@JE;VN""16BJ[5Q75"-D?+8RO[6;DQU%%%6<(4M)2]J
M "BBBD 4444@"BBBD 4444@"EI*6@!****D04444@/4J*["/P]81]49_]YJM
M)I=E']VVB_%<UCSH^U6#GU9PM.6-W^ZC-]%)KOEMH4^[$B_114@11T I<YHL
M%YG")IUY)]VUE_%2*G70]0;_ )=\?5@*[3:,TN*/:,M8./5G'KX>U!OX4'U:
MI%\-7AZO"/Q/^%=92TN=EK"4SEU\+3'[UQ&/HN:F7PJ@^]=,?HN*Z*BCGD7]
M6I]C"'A>U_BEE/T(']*D'AJQ'>4_\"K9HI<S*]A3[&0/#EA_=<_\"-/'A_3Q
M_P LB?JY_P :U**.9]Q^QI]C.70M/'_+N/\ OH_XT\:18+TM8_Q%7J*5V5[.
M'8J#3;,=+:+_ +Y%/%E;KT@C'_ 15BBB['R1[$(MXATB3_OD4X1J.BJ/PJ2B
MB['RKL,V>P_*C9[#\J?12"R&[?8?E1M^GY4ZBG<+#0M+BEHI!83%&*6B@8F*
M*6B@ I,4M% "8HQCI2T4 )BC'TI:* L-VCT'Y4GEJ>JK^5/HH%9$)MH6ZQ(?
MJHJ)]-LY/O6L!^L8JW13N^XN5=C.;0]-?K9Q?@,?RJ)O#>EM_P NV/\ @;?X
MUK44^>7<7)'L8A\+:8?^63CZ2&F'PEIQZ&8?1A_A6]13]I/N+V4.QSK>#[(\
MK-.#]0?Z5"_@V,_<NV'U05U%%4JTUU)=&F^AR#^#9A]R[C/U3%59?!-R_7[*
M_P!1_P#6KN:*M8BHNI+PU)[H\YE^'SMG-I:G_=;'^%4Y/APW.+(?\!F_^O7J
M6*3 JUC*JZF+P-%]#R23X=2+_P NLX_W9 :IS> ITZ17J_6/=_(5[/@48JUC
MJID\LH/H>$3>#;N/I*1_OQ%:IOX7OEZ/"WXD?TKZ"VTTQ1M]Y%/U%:+,:G8Q
MEE%%['SRWAW4A_RS1OHXJ&31=1CZVDA_W?F_E7T0UE;-]ZWB/U05$VE:>_WK
M.'_O@5HLR?6)C+)H=)'SD]K<1_ZR"5?]Y"*BP<XP?RKZ*D\.Z7)_R[!?]TD5
M3D\':8_9Q^1_F*T68QZHQ>2SZ2/ J/Q%>XR^ M-DSC'_  *,50G^&]B^=JI^
M Q6BQ])F$LGK+8\<HQ7J,WPPB.=C2K_ND50E^&4J_<FF'U7_ .M6BQ=)]3"6
M68A=#SVEQ79R_#VZ3[MR/^!)_P#7JE+X&U5#\@C<>QQ6JKTWU,7@:ZWBSF:*
MVY/"6M1D_P"A,W^Z0?ZU7?P_JT?W].N/P3-6IQ?4Q="HMXLS**LOI][']^TG
M4>\9J!D9?O CZBCF1FXM;H;11QZBB@5@I324IIB$I:2EH ****D0AI:#0* "
MBBB@ HHHI, HHHI %+24M( HHHH ****0!1110(****0!1112 ****0!2]J2
ME'2@ HHHI )2TE+2 **** "BBB@ HHHJ0"EI*44@"D-+2&D(*6DI: "BBBD
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MMY5^J&JYD9.G-;ID-%*01U!'X4E!-F%%%&#2)"BBB@ HHHI %%%%( H%%**
M"BC!HI )2TE+2 **** "BBB@ HHHJ0"E%)2BD 4444A"4M)2T %%%%( HHHH
M ****D [BO4?B/J'A6UU:RBU[2+B]N6MV:-XIF3:F[D<,.]>79QR>E>G>/\
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MW3+LW-GXMT9;V-L*K:H3EO1@1@_2K7PQO[.UN=3L;FYCMI;ZW$<$CMMRPW<
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M0 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%%
M!1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4E+10
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M+>"!WTR8?0G_ !KU7%&*/;2(>7T7T/)6\#+_ ,^-V/H#43>!A_SZWP_X"?\
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M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH ,"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M *,"BB@ HHHH **** "C%%% !1110 4444 %%%% !1110 4444 %%%% '__9

end
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>3
<FILENAME>ebr202507256k_002.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ebr202507256k_002.jpg
M_]C_X  02D9)1@ ! 0$ 8 !@  #_VP!#  @&!@<&!0@'!P<)"0@*#!0-# L+
M#!D2$P\4'1H?'AT:'!P@)"XG("(L(QP<*#<I+# Q-#0T'R<Y/3@R/"XS-#+_
MVP!# 0@)"0P+#!@-#1@R(1PA,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C(R
M,C(R,C(R,C(R,C(R,C(R,C(R,C(R,C+_P  1" !8!,T# 2(  A$! Q$!_\0
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MC8I2N.HHHJ2@HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
MHHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "B
MBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ***
M* "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH
M **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@
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MNSVK#T6WU2'1K*VLUUN!DTI4O%G650DV8@@B#\ A?,SL&,8W<UV?_"(>&?\
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M!\-:7=W]M=WMPKZ>5%XR6,\D<!8 KO=4*C.?6NE1TDC62-E9& *LIR"#W!H
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M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
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M[(]/HK-\/ZH-;\/V&I[0IN85D90>%;'(_ YK2K)JSLRPHHHI %%%% !1110
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MR.#R/H>:5FM1IIEFBBBD,**** "BBB@ HHHH *S]1O6M(U5 OF2 A"V=I;'
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M/3@5P\6O^&[B<0P?#JSED.<)'?W;$X]A)0!V7A'5OA]\-)+S6[+Q+<>(=5:
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M&WF61F:XW!5W2 H-G"Y(!?)/7CGNJ*=AW(4\Y;@Q^5$MLJ+L97.[=DY&W;@
M#&#DYR>!CGE[G0]:UF758-7@T\6]Y;36D-Q!=NSP1.I Q&8@-QX+'?V'85UU
M%,1R<VC:]>W<6HW"Z:EW9&/[+ DSE),;MQ=R@*[@V  K;<9RV>(KSPYJ-Y:2
M"YTW1+R>ZG>>07$CXM9" JM$WEDL0JCLA)[BNQHI6'<Y(^'=5@>ZM;>>VFM=
M0EAEN[F=V\U2D<:-M0+AMPB')88+$\]*FU;PQOBA%A#+/*)&;S;G6KN)XMP
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MSS7U#>?![P%?2&23P]%&Q_YX321#\E8#]*A@^"W@"WD#C0MY'3S+J9A^1?%
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M%+10 F*,>]+10 4444 %%%% !1110 4444 %%%% !32BD%2,@\$&G44 8?\
MPA_A]2QBTJUAW,&?RHE7?CG:<#E<X)'0XYS5^^TFRU$1"Z@60PME"0,@=Q]"
M.".XJ[10*R,_3M"TK2#(VG:=;6K2??,,04GVX[>U:&.:**!B$9HV^YI:* $P
M,T8I:* $VXZ<?2C:/PI:* $Q1BEHH 3'O1BEHH  ,4444 -9 S(3U1LC\B/Z
MTZBB@ HHHH **** "BBB@ HHHH H7:D3;L<$<57HHK:.QC+<****H04444 %
M%%% !1110 4444 %%%% !1110 4444 %%%% !1110 4444 %%%% !1110 44
M44 '6M2)2L2J>H%%%9S+@/HHHK,T"BBB@ HHHH **** "BBB@ HHHH ****
M"BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH *
M*** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HH
MHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB
M@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH **** "BBB@ HHHH ****
3"BBB@ HHHH **** "BBB@#__V0$!

end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
