<SEC-DOCUMENT>0001292814-25-004391.txt : 20251229
<SEC-HEADER>0001292814-25-004391.hdr.sgml : 20251229
<ACCEPTANCE-DATETIME>20251223175357
ACCESSION NUMBER:		0001292814-25-004391
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		3
CONFORMED PERIOD OF REPORT:	20251231
FILED AS OF DATE:		20251229
DATE AS OF CHANGE:		20251223

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:		251601950

	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>axia20251223_6k1.htm
<DESCRIPTION>6-K
<TEXT>
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<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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<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"><IMG SRC="axia202512236k1_001.jpg" ALT="">&nbsp;</P>

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

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 28.35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 28.35pt"><B>Installation license approvals reinforce operational
efficiency and execution</B></P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 28.35pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">Rio de Janeiro, December
23, 2025 &ndash; Centrais El&eacute;tricas Brasileiras S/A - AXIA Energia informs that, since its privatization, it has been consolidating
a c<B>onsistent trajectory of growth in investments in generation and transmission</B>, with active participation in all transmission
auctions. In this context, it is worth highlighting that Installation Licenses (LI) were issued for Lots 3 and 5 (Blocks 1 and 2), awarded
in Auction 01/24, with ANEEL CAPEX of BRL 983 million and BRL 2.65 billion, respectively. The LIs for Lots 3 and 5 add to those issued
throughout 2025 for Lots 9 (Auction 01/24) and 4 (2023 auction). The granting of these licenses represents a significant milestone for
the Company in its post-privatization context, evidencing progress and efficiency gains in its core structuring processes, in addition
to enabling the start of mobilization and execution of the works.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Competitiveness in transmission
auctions</B>: after more than eight years without new wins, AXIA Energia regained competitiveness, securing lots in 2022, 2023, 2024,
and 2025. The last winning participation prior to this period occurred in Auction 007/2013, on November 14, 2013.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Accelerating the energy
transition</B>: investments in Lots 3 and 5 aim to expand the Basic Grid to ensure full energy evacuation from already contracted power
plants, increase connection capacity for new generation projects, and meet demand growth. These investments demonstrate how the expansion
and modernization of transmission are essential pillars to accelerate Brazil&rsquo;s energy transition, enabling the integration of new
renewable sources into the power system and reinforcing AXIA Energia&rsquo;s leading role in the sector&rsquo;s transformation.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Robust growth in investments</B>:
the start of construction of Lots 3 and 5 (Blocks 1 and 2), combined with ongoing investments in generation and transmission and the acceleration
of reinforcement and improvement projects, will enable the Company to reach the highest level of investment in its history in 2026.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Efficiency and cost reduction</B>:
of the ten projects awarded in post-privatization auctions, one was delivered in July 2025, 14 months ahead of ANEEL&rsquo;s deadline,
marking a new phase for the Company with a focus on efficiency and cost reduction. Currently, nine lots are under implementation, totaling
BRL 8 billion in investments. Expansion CAPEX in the transmission segment is expected to grow significantly in 2026.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Acceleration of investments
in reinforcements and improvements</B>: the transmission segment is an important growth driver for the Company. In addition to greenfield
projects, investments in brownfield projects have increased significantly. Today, the Company has 225 large-scale reinforcement and improvement
projects totaling BRL 6.2 billion in CAPEX, with an annual Allowed Revenue (RAP) of BRL 1 billion.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Completion of stalled
projects</B>: since its privatization, AXIA Energia has completed strategic works, including projects that had been stalled for years.
Highlights include:</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Coxilha Negra Wind Farm,
delivered in early 2025. With investments of BRL 2.4 billion and installed capacity of 302.4 MW, in addition to an exclusive transmission
system for energy evacuation, comprising two new substations and 36 km of transmission lines.</FONT></TD></TR></TABLE>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin-top: 0.05pt; margin-bottom: 0"><TR STYLE="vertical-align: top">
<TD STYLE="width: 46.35pt"></TD><TD STYLE="width: 18pt"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD STYLE="text-align: justify; padding-right: 42.5pt"><FONT STYLE="font-family: Arial, Helvetica, Sans-Serif">Transnorte Energia (TNE),
responsible for the Manaus&ndash;Boa Vista transmission line, which connected the state of
Roraima to the National Interconnected System (SIN), previously the last state in the country to operate in isolation. With total investments
of BRL 3.3 billion, the project was originally auctioned in 2011, resumed in 2022, and entered into operation in September 2025. The transmission
line is 724 km long and has an annual RAP of BRL 561.7 million through September 2051.</FONT></TD></TR></TABLE>

<P STYLE="margin-top: 0; margin-bottom: 0">&nbsp;</P>

<P STYLE="text-align: center; margin-top: 0; margin-bottom: 0"><IMG SRC="axia202512236k1_002.jpg" ALT="">&nbsp;</P>


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<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin-top: 0.05pt; margin-bottom: 0; text-align: center"><IMG SRC="axia202512236k1_001.jpg" ALT="">&nbsp;</P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 64.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 64.35pt; text-align: justify"></P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Successful completion
of the HVDC project</B>: in 2026, AXIA Energia is expected to complete another strategic project: the revitalization of the Itaipu High
Voltage Direct Current (HVDC) System, responsible for transmitting energy generated by the plant to consumer centers in Brazil. The investment
amounts to approximately BRL 2 billion, of which BRL 1.3 billion has already been disbursed. The project results from a technical and
financial cooperation agreement between AXIA Energia, responsible for execution, and Itaipu.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify"><B>Competitiveness in participation
in 2026 auctions</B>: the Company remains focused on increasing its competitiveness in auctions by improving internal processes and strengthening
relationships with suppliers, with the objective of reinforcing its leadership position in the power generation and transmission market.
AXIA Energia reaffirms its commitment to maximizing shareholder returns through rigorous criteria and processes guided by capital discipline.</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0.05pt 42.5pt 0 28.35pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/115% Arial, Helvetica, Sans-Serif; margin: 0 42.5pt 0 28.35pt; text-align: justify"><B>Job creation</B>: by 2026,
more than 12,000 professionals will be engaged in the development and implementation of generation and transmission projects. AXIA Energia
will continue to invest in becoming even more competitive, combining growth with value creation for its shareholders.</P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 28.35pt; text-align: justify; text-indent: -7.05pt">&nbsp;</P>

<P STYLE="font: 10pt/115% Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: justify; text-indent: 21.25pt">&nbsp;</P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt">Eduardo Haiama</P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>Vice President
of Finance and Investor Relations</B></P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>&nbsp;</B></P>

<P STYLE="font: 10pt Verdana, Helvetica, Sans-Serif; margin: 0 49.6pt 0 14.2pt; text-align: center; text-indent: 21.25pt"><B>&nbsp;</B></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"><IMG SRC="axia202512236k1_002.jpg" ALT=""></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>

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<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 23, 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>
