<SEC-DOCUMENT>0001292814-25-004186.txt : 20251209
<SEC-HEADER>0001292814-25-004186.hdr.sgml : 20251209
<ACCEPTANCE-DATETIME>20251209063014
ACCESSION NUMBER:		0001292814-25-004186
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20251231
FILED AS OF DATE:		20251209
DATE AS OF CHANGE:		20251209

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:		251557558

	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>axia20251208_6k4.htm
<DESCRIPTION>6-K
<TEXT>
<HTML>
<HEAD>
<TITLE></TITLE>
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<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 December, 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>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"> <P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;<IMG SRC="axia202512086k4_001.jpg" ALT=""></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;</P><P STYLE="text-align: right; font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><B>12.08.2025</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P><P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>DEL 205/2025</B></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center"></P></TD></TR></TABLE></DIV>
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<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>CERTIFICATE</B></P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center"><B>MINUTES OF THE ONE THOUSAND AND EIGHTY-SECOND MEETING
OF THE BOARD OF DIRECTORS OF CENTRAIS EL&Eacute;TRICAS BRASILEIRAS S.A. (&quot;AXIA ENERGIA&quot;)</B></P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: left"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify">NIRE 3330034676-7/CNPJ n.&ordm; 00001180/0001-26</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0 7pt 0 7.1pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0 7pt 0 7.1pt; text-align: justify"><FONT STYLE="letter-spacing: -0.2pt">This
is to certify, for all due purposes, that the 1,082nd meeting of the Board of Directors of AXIA Energia was held on December 8, 2025,
pursuant to the call made by the Chairman of the Board of Directors, in accordance with the Company&#8217;s Bylaws. The meeting was chaired
by the Director and Chairman of the Board of Directors, VICENTE FALCONI CAMPOS (VFC). Directors ANA SILVIA CORSO MATTE (ASM), CARLOS MARCIO
FERREIRA (CMF), FELIPE VILLELA DIAS (FVD), JOS&Eacute; JO&Atilde;O ABDALLA FILHO (JAF), MARISETE F&Aacute;TIMA DADALD PEREIRA (MFP), MAUR&Iacute;CIO
TIOMNO TOLMASQUIM (MTT), NELSON JOS&Eacute; HUBNER MOREIRA (NHM), PEDRO BATISTA DE LIMA FILHO (PBL), and SILAS RONDEAU CAVALCANTE SILVA
(SRS). No absences were recorded. The participation of the Chairman of the Fiscal Council, Gisomar Francisco de Bittencourt Marinho, was
noted. Corporate Governance participant: Governance Secretary FERNANDO KHOURY FRANCISCO JUNIOR (FKJ). INSTRUCTION: The supporting materials
were made available to the Board Members via the Governance Portal. QUORUM FOR INSTALATION AND DELIBERATION: The resolutions of this meeting
shall be adopted in the presence of the majority of its members, with decisions taken by a majority of those present (art. 31, caput,
Bylaws), except in cases requiring a qualified quorum (art. 32, Bylaws). Quorum for instalation: ten members, in compliance with the minimum
attendance requirement of six members. Minimum quorum for decision-making: six members, except in cases where an explicit change in the
quorum of attendees is recorded at the time of the resolution. Any prior declaration of conflict of interest by a Board Member and/or
temporary absence shall be subtracted for purposes of computing the minimum quorum for deliberation.</FONT></P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify"><B>DEL-205/2025. Capitalization of the Profit
Reserve, Bonus Issue and Redemption Value of PNRs. </B></P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify">The Board of Directors of CENTRAIS EL&Eacute;TRICAS
BRASILEIRAS S.A. (&#8220;AXIA ENERGIA&#8221;), in the exercise of its powers, RESOLVED, with effectiveness conditioned upon the full approval
of the matters on the Agenda of the Extraordinary Shareholders&#8217; Meeting to be held on December 19, 2025 (&#8220;EGM&#8221; and &#8220;Condition
Precedent,&#8221; respectively):</P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">1.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">To approve the increase in the
Company's capital stock, within the limit of the authorized capital, pursuant to the caput of Article 5 of the Bylaws, through the capitalization
of available reserves and the consequent issuance of a new class of preferred shares, designated as class &quot;C&quot;, registered, book-entry
and without par value, convertible into common shares and redeemable (&quot;PNC&quot;), without the need for approval at a special meeting
of preferred shareholders, in accordance with the terms and conditions set forth below:</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 25.1pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">a.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>Capital Increase</U></B>.
The capital increase will be in the amount of R$30,000,000,024.48 (thirty billion, twenty-four reais and forty-eight cents), through the
capitalization of a portion of the balances recorded in the Company&#8217;s Profit Reserves account, with the consequent issuance and
delivery to the Company's shareholders of 606,796,117 (six hundred and six million, seven hundred and ninety-six thousand, one hundred
and seventeen) new PNC shares, as a bonus issue, pursuant to article 169 of the Brazilian Law No. 6,404, of December 15, 1976 (&quot;Brazilian
Corporation Law&quot;), at a ratio of 0.2628378881074 PNC share for each common share, Class &#8216;A&#8217; preferred share, or Class
&#8216;B&#8217; preferred share held by it on the Record Date (as defined below) (&quot;Bonus Issue&quot; and &quot;Capital Increase&quot;,
respectively). Treasury shares will also be included in the Bonus Issue.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%"> <P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;<IMG SRC="axia202512086k4_001.jpg" ALT=""></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;</P><P STYLE="text-align: right; font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><B>12.08.2025</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P><P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>DEL 205/2025</B></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center"></P></TD></TR></TABLE></DIV>
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<P STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin: 0 0 0 49.65pt; text-align: justify"></P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify">Accordingly, assuming the conversion
of the preferred shares to be approved at the EGM (&#8220;Conversions&#8221;) and the Bonus Issue, the Company&#8217;s capital stock,
from the then R$ 70,135,201,405.27 (seventy billion, one hundred and thirty-five million, two hundred and one thousand, four hundred
and five reais and twenty-seven cents), divided into 2,028,544,286 (two billion, twenty-eight million, five hundred and forty-four thousand,
two hundred and eighty-six) common shares, 146,920 (one hundred and forty-six thousand, nine hundred and twenty) Class &#8220;A1&#8221;
preferred shares, 279,941,393 (two hundred and seventy-nine million, nine hundred and forty-one thousand, three hundred and ninety-three)
Class &#8220;B1&#8221; preferred shares, and 1 (one) special preferred share held exclusively by the Union, all without par value, will
increase to R$ 100,135,201,429.75 (one hundred billion, one hundred and thirty-five million, two hundred and one thousand, four hundred
and twenty-nine reais and seventy-five cents), divided into 2,028,544,286 (two billion, twenty-eight million, five hundred and forty-four
thousand, two hundred and eighty-six) common shares, 146,920 (one hundred and forty-six thousand, nine hundred and twenty) Class &#8220;A1&#8221;
preferred shares, 279,941,393 (two hundred and seventy-nine million, nine hundred and forty-one thousand, three hundred and ninety-three)
Class &#8220;B1&#8221; preferred shares, 606,796,117 (six hundred and six million, seven hundred and ninety-six thousand, one hundred
and seventeen) Class &#8220;C&#8221; preferred shares, and 1 (one) special preferred share held exclusively by the Union, all without
par value.</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">b.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>Record Date and Ex-Date</U>:
</B>Provided that the Condition Precedent is satisfied: (i) the newly issued PNC shares will be distributed free of charge and will benefit
the shareholders in proportion to their shareholding as of the record date of December 19, 2025 (&#8220;Record Date&#8221;); and (ii)
as of December 22, 2025, the Company&#8217;s shares will begin trading ex</FONT><FONT STYLE="font-family: Cambria Math,serif; font-size: 9pt">&#45;</FONT><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">bonus.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">c.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>Price per PNC share</U></B>.
For the purposes of the provisions of article 10 of Law No. 9,249, of December 26, 1995, the unit value attributed to the bonus shares
will be R$49.44 (forty-nine reais and forty-four cents).</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">d.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>PNCs Negotiation</U>.
</B>Provided that the Condition Precedent is satisfied, the PNC shares will begin trading on B3 S.A. &#8211; Brasil, Bolsa, Balc&atilde;o
as of December 22, 2025.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">e.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>Delivery of PNC shares</U>.
</B>The PNC shares resulting from the Bonus Issue will be included in the shareholders' position on December 26, 2025.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">f.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>PNCs&#8217; Rights</U>.</B>
The PNCs will have the rights described in articles 4, &sect;1, III, &sect;4, &sect;6, and 11, &sect;&sect;1, 7, 8, 10, 11, 12 and 13,
of the Bylaws subject to approval at the EGM, as per Schedule 2 of the Management Proposal.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B>g.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>Trading of Fractions</U>.
</B>With respect to PNC shares that cannot be fully allocated to each shareholder, the provisions of &sect;3 of Article 169 of the Brazilian
Corporations Law shall apply, which establish that:(i) a period of 30 days shall be opened for shareholders holding fractional PNC shares
to transfer the fractions in order to make up whole shares; and (ii) after the 30-day period, any PNC shares that cannot be fully allocated
will be sold on the stock exchange, with the proceeds from the sale distributed proportionally among the holders of the fractional shares.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 49.65pt; text-align: justify; text-indent: -28.35pt"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 21.3pt"></TD><TD STYLE="width: 28.35pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B>h.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B><U>ADRs</U>. </B>The benefit
of the bonus issue will be extended, simultaneously and in the same proportion, to holders of <I>American Depositary Receipts</I> (ADRs)
backed by common and preferred shares of class &quot;B&quot; issued by the Company, listed on the New York Stock Exchange (NYSE).</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><B>2.</B></FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">To set the redemption value
of the class &quot;R&quot; preferred shares (&quot;PNR&quot;) in the amount of R$1.2994705188032 per redeemed share, to be paid to their
holders as a result of the full, compulsory and automatic redemption of said class of shares, immediately after the approval of the Conversions
and the redemption of the PNR shares by the EGM.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0 0 0 14.2pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">The redemption value was calculated based on
the following formula:</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">VRPNR = (VC / TA) &times; 10%</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">where:</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</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%"> <P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;<IMG SRC="axia202512086k4_001.jpg" ALT=""></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: left">&nbsp;</P><P STYLE="text-align: right; font: 11pt Arial, Helvetica, Sans-Serif; margin: 0"><B>12.08.2025</B></P><P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>&nbsp;</B></P><P STYLE="font: 11pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: right"><B>DEL 205/2025</B></P><P STYLE="font: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center"></P></TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">VC = the total amount to be capitalized through
the bonus issue of PNC shares, as approved by the Board of Directors at the meeting that authorizes the capitalization of profits and
the issuance of PNC shares;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">TA = the total number of shares issued by the
Company on the calculation date, including treasury shares and excluding PNR shares; and</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">VRPNR = Redemption Amount per PNR share, calculated
to 13 decimal places.</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">The payment of the redemption amount will be
made in local currency, in a single installment, on a date to be set in due course by the Executive Board and to be disclosed in a Notice
to Shareholders.</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">The redemption of the PNRs is intended to ensure
economic treatment equivalent to that granted to the current class &quot;A&quot; and &quot;B&quot; preferred shares, enabling the payment
of the additional amount to which preferred shareholders would be entitled if the Company were distributing dividends, in accordance with
paragraph 5 of article 11 of the Bylaws.</P>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">3.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">Delegate powers to the Vice
President of Finance and Investor Relations, with the support of the Legal Vice-Presidency, to negotiate and finalize the instruments
for signature.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">4.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">To approve the delegation of
powers for the Legal Vice-President, Marcelo Siqueira, and the Vice President of Finance and Investor Relations, Eduardo Haiama, to sign
jointly or separately the instruments that carry out the transaction referred to in the items above.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/110% Verdana, Helvetica, Sans-Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/110% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">5.</FONT></TD><TD STYLE="text-align: justify"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt">Ratification of all acts already
performed by the Company's Executive Board to date in relation to the matters approved above.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt Verdana, Helvetica, Sans-Serif; margin: 0 0 0 35.4pt">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 10.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Wingdings; font-size: 9pt">&Oslash;</FONT></TD><TD STYLE="text-align: justify; padding-right: 7.1pt"><FONT STYLE="font-family: Verdana, Helvetica, Sans-Serif; font-size: 9pt"><U>Deliberative
Quorum</U>: Unanimity, with the favorable opinion of the Fiscal Council regarding the capitalization recorded, pursuant to Article 166,
&sect;2, of Law No. 6,404, dated December 15, 1976.</FONT></TD></TR></TABLE>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0 0 0 7.1pt; text-align: justify"><B>Closing and certification of the
minutes:</B> It is hereby recorded that the materials relating to the resolutions of this Board of Directors Meeting are filed at the
Company&#8217;s headquarters. Upon conclusion of the proceedings, the Chairman instructed the Governance Secretary to draft and sign this
Certificate, following its reading and approval. The remaining resolutions were omitted as they concern exclusively internal matters,
protected under the duty of confidentiality provided in Article 155 of the Brazilian Corporations Law, and are not covered by &sect;1
of Article 142 of the same Law. Present: Board Member and Chairman of the Board of Directors: VICENTE FALCONI CAMPOS. Directors ANA SILVIA
CORSO MATTE, CARLOS MARCIO FERREIRA, FELIPE VILLELA DIAS, JOS&Eacute; JO&Atilde;O ABDALLA FILHO, MARISETE F&Aacute;TIMA DADALD PEREIRA,
MAUR&Iacute;CIO TIOMNO TOLMASQUIM, NELSON JOS&Eacute; HUBNER MOREIRA, PEDRO BATISTA DE LIMA FILHO and SILAS RONDEAU CAVALCANTE SILVA.</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">Rio de Janeiro, December 8, 2025.</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">FERNANDO KHOURY FRANCISCO JUNIOR</P>

<P STYLE="font: 9pt/14pt Verdana, Helvetica, Sans-Serif; margin: 0; text-align: center">Secretary of Governance</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: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;</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: italic 12pt Verdana,sans-serif; margin-top: 0; margin-bottom: 6pt; letter-spacing: 0.75pt; text-align: center">&nbsp;</P>

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

<P STYLE="font: 5pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0.9pt 0 1pt; text-align: justify"></P>

<P STYLE="font: 5pt/107% Calibri, Helvetica, Sans-Serif; margin: 0 0.9pt 0 1pt; text-align: justify"></P>

<!-- Field: Page; Sequence: 4; Options: Last -->
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    <!-- 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: December 8, 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>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
