<SEC-DOCUMENT>0001292814-21-000215.txt : 20210127
<SEC-HEADER>0001292814-21-000215.hdr.sgml : 20210127
<ACCEPTANCE-DATETIME>20210127133546
ACCESSION NUMBER:		0001292814-21-000215
CONFORMED SUBMISSION TYPE:	6-K/A
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20210331
FILED AS OF DATE:		20210127
DATE AS OF CHANGE:		20210127

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ENERGY CO OF PARANA
		CENTRAL INDEX KEY:			0001041792
		STANDARD INDUSTRIAL CLASSIFICATION:	ELECTRIC SERVICES [4911]
		IRS NUMBER:				000000000
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K/A
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-14668
		FILM NUMBER:		21558693

	BUSINESS ADDRESS:	
		STREET 1:		RUA CORONEL DULCIDIO 800
		STREET 2:		80420 170 CURITIBA PARANA
		CITY:			FEDERATIVE REPUBLIC
		STATE:			D5
		ZIP:			00000

	MAIL ADDRESS:	
		STREET 1:		CT CORPORATION SYSTEM
		STREET 2:		1633 BROADWAY
		CITY:			NEW YORK
		STATE:			NY
		ZIP:			10019
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K/A
<SEQUENCE>1
<FILENAME>elp20210127_6ka.htm
<DESCRIPTION>FORM-6K/A
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<HR SIZE="2" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%">
<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

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

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

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

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>FORM 6-K/A</B></P>

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

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

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

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>For the month of January, 2021</B></P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Commission File Number 1-14668</B></P>

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

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

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

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>COMPANHIA PARANAENSE DE ENERGIA</B></P>

<P STYLE="font: 10pt Times New Roman, Times, 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">&nbsp;</P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Energy Company of Paran&aacute;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, 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">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Rua Coronel Dulc&iacute;dio, 800<BR>
80420-170 Curitiba, Paran&aacute;<BR>
Federative Republic of Brazil<BR>
+55 (41) 3331-4011</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

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

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 12pt">Indicate by check
mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.&nbsp;</FONT><FONT STYLE="font-size: 13.5pt">&nbsp;Form
20-F ___X___ Form 40-F _______</FONT></P>

<P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0pt 0 12pt; text-align: center"><FONT STYLE="font-size: 13.5pt">&nbsp;</FONT><FONT STYLE="font-size: 12pt">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.&nbsp;</FONT><FONT STYLE="font-size: 13.5pt">&nbsp;</FONT></P>

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0; text-align: center">Yes _______ No ___X____</P>

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

<P STYLE="font: 13.5pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>
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<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>&nbsp;</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>1. PURPOSE</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">To issue guidelines for
the payment of earnings through dividends and/or interest on equity (&#8220;<U>IoE</U>&#8221; and, together with the dividends,
&#8220;<U>Dividends/IoE</U>&#8221;) to shareholders of Companhia Paranaense de Energia - Copel (Holding), considering the legislation
related to the topic and the statutory definitions, aiming at providing transparency and greater predictability of the flow of
payments of earnings to shareholders.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>2. GENERAL GUIDELINES
</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.1 - The Company's General
Meeting will resolve on the allocation of net income for the year, if any, and the payment of dividends/IoE, in accordance with
the proposal presented by the Company's management, which must be prepared in accordance with the legislation and related rules,
observing the following parameters:</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 24.5pt; text-align: justify">a) Mandatory Dividends;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 24.5pt; text-align: justify">b) Financial Leverage
Ratio (Net Debt/EBITDA);</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 24.5pt; text-align: justify">c) Available Cash Flow
(cash provided by operating activities, less net cash used in investing activities); and</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 24.5pt; text-align: justify">d) At least two annual
payments.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.2 &#8211; The decision
to pay Dividends/IoE, in addition to the Company's results and financial conditions, should also consider the future prospects
of the markets where the Company operates, investment strategies, financial covenants and other relevant factors.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.3 - Shareholders who
own class &#8220;A&#8221; and class &#8220;B&#8221; preferred shares will be entitled to Priority Dividends provided for in Copel's
Bylaws, which will be attributed to the Mandatory Dividend, according to criteria established in paragraph 6 of article 5 of the
Company&#8217;s Bylaws.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.4 - According to paragraph
1 of article 111 of Federal Law 6,404/1976 and Copel's Bylaws, preferred shares will have voting rights if the payment of dividends
to which they are entitled is not made for three consecutive years.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.5 - Shareholders who
are registered as owners or usufructuaries of shares on the date set in the Dividend/IoE declaration act, pursuant to item 8 -
CRITERIA FOR SETTING THE &#8220;DATE WITH DIVIDENDS/IoE&#8221;, will be entitled to receive dividends/IoE.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.6 - On the day following
the date to receive dividends as provided for in the Dividends/IoE declaration act, the share will be considered ex-Dividends/IoE,
pursuant to the operational procedures of the central depository of assets in which the Company's shares are deposited.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.7 - In the case of
payment of IoE, only the net amount of taxes will be considered for the purposes of calculating Priority and Mandatory Dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.8 &#8211; The payment
of earnings to Copel shareholders may also take the form of bonus shares, in which case it must be distributed proportionally to
the number of shares the shareholder owns, according to each type of share.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">2.9 - Dividends/IoE will
be provided within three years from the date on which they are made available to shareholders, pursuant to article 287 of Federal
Law 6,404/1976.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"></P>


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<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>3. PARAMETERS FOR
THE PAYMENT OF REGULAR DIVIDENDS </B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">3.1 &#8211; The calculation
of Regular Dividends will be based on Adjusted Net Income, pursuant to Federal Law 6,404/1976, according to financial parameters
established at the end of each fiscal year, according to the following criteria:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.25pt"></TD><TD STYLE="width: 18pt">a)</TD><TD STYLE="text-align: justify; padding-right: 2.85pt">Financial Leverage Ratio between 1.5x and 2.7x = 50% of Adjusted Net Income.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.25pt"></TD><TD STYLE="width: 18pt">b)</TD><TD STYLE="text-align: justify; padding-right: 2.85pt">Financial Leverage Ratio below 1.5x = 65% of Adjusted Net Income.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 22.25pt"></TD><TD STYLE="width: 18pt">c)</TD><TD STYLE="text-align: justify; padding-right: 2.85pt">Financial Leverage Ratio above 2.7x = 25% of Adjusted Net Income (Minimum
Mandatory).</TD></TR></TABLE>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">To preserve the Company's
sustainable investment capacity, the amounts calculated above, except the minimum mandatory dividend, will be limited to the value
of Available Cash Flow for the same fiscal year, equivalent to the cash generated by operating activities, less net cash used in
investing activities.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>4. FREQUENCY AND PAYMENT</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">4.1 - The Company shall
pay the Dividends/IoE within 60 days after resolution by the General Meeting, unless otherwise resolved by the General Meeting,
and in any case, within the fiscal year in which the payment of Dividends/IoE is approved by the General Shareholders' Meeting.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">4.2 - In the event of
declaration of interim or periodical dividends/IoE, the Board of Directors shall set the &#8220;Date with Dividends/IoE&#8221;
and the &#8220;Date ex-Dividends/IoE&#8221;, as well as the payment date, which in this case, must preferably be until the end
of the current fiscal year, subject to approval by the General Meeting.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">4.3 Considering item
5.3, the Company undertakes to make at least two payments of earnings during the fiscal year, thus allowing the payment of part
of the Dividends/IoE until the end of the year.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>5. COMPETENCE </B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">5.1 -The proposal for
the amount of Dividends/IoE, to be paid proportionally to the amount of shares held, prepared by the Board of Directors, must be
resolved by the Board of Directors and approved by the Company&#8217;s General Meeting.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">5.2 - The Board of Directors
may propose &#8211; by resolution of the Board of Directors &#8211; the payment of IoE to replace dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">5.3 - Based on retained
earnings, profit reserves and net income for the current year recorded in half-year or quarterly interim financial information,
the Board of Directors may resolve and approve the declaration of (i) Interim Dividends; (ii) Periodical Dividends; and/or (ii)
IoE, without prejudice to the subsequent ratification by the General Shareholders' Meeting.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">5.4 - Interim Dividends,
Periodical Dividends and Interest on Equity declared during the current year will be attributed to the Mandatory and Priority Dividends.
Once the amount of Mandatory and Priority Dividends are reached, said Dividends/IoE will be considered as Additional Dividends,
both for the payment of Regular and Extraordinary Dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">5.5 - The payment of
Interim Dividends, Periodical Dividends or IoE declared by the Board of Directors will be made under item 4.1.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>6. MANDATORY AND ADDITIONAL
DIVIDENDS</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">6.1 - The shareholders
will be entitled, at least, to Mandatory Dividends corresponding to 25% of the adjusted net income for the year, as provided for
in Copel's Bylaws and Article 202 of Federal Law 6,404/1976, observing Priority Dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">6.2 - The above-mentioned
dividends shall not be mandatory for the fiscal year in which Management informs the</P>


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<P STYLE="color: #00000A; font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">Annual
Shareholders&#8217; Meeting &#8211; based on the Fiscal Council&#8217;s opinion &#8211; that they are not compatible with the Company&#8217;s
financial position.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">6.3 - Having verified
the parameters provided for in this Policy and since it is mandatory for the Board of Directors to propose, to the Board of Directors
and/or the General Meeting, the payment of Additional Dividends so as to ensure the payment of Regular Dividends, pursuant to item
3.1, the actual declaration of Additional Dividends is at the discretion of Copel and should not, under any circumstances, be considered
as mandatory dividends, or construed as a payment right by shareholders.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>7. EXTRAORDINARY DIVIDENDS</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">7.1 &#8211; Only in exceptional
cases, the Company's management may propose Extraordinary Dividends above the financial parameters established in item 3.1. The
payment of these earnings is subject to the resolution and approval of the Shareholders' Meeting, considering Fiscal Council&#8217;s
opinion.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">7.2 - Extraordinary Dividends
will be limited to the balance of the Company's distributable profit reserves.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">7.3 - If the Financial
Leverage Ratio closes the fiscal year above 2.7, the Company's management may not propose Extraordinary Dividends above the mandatory
minimum of 25%.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>8. CRITERIA FOR SETTING
THE &#8220;DATE WITH DIVIDENDS/IoE </B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">8.1 - Whenever any act
or event that enables the Payment of Earnings is approved, the Board of Directors shall approve the &#8220;Date with Dividends/IoE&#8221;,
which will identify the shareholders entitled to the Payment of Earnings.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">8.2 - The &#8220;Date
with Dividends/IoE&#8221; shall be set at least ten (10) consecutive days after the date on which the act or event that enables
the distribution of earnings is disclosed.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">8.3 - The obligation
provided for in item 8.1 and the deadline established in item 8.2 will not apply if the payment of earnings depends on General
Shareholders' Meetings or on the disclosure of information about the nature of the Payment of Earnings with at least ten (10) consecutive
days prior to its approval, provided that the proposal for the payment of Dividends/IoE is approved under the exact terms and conditions
previously disclosed in the Management Proposal. In this case, the &#8220;Date with Dividends/IoE&#8221; will be the date of the
General Shareholders' Meeting or the date established in the Management Proposal, whatever it may be.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>9. MISCELLANEOUS</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">Questions about the provisions
of this Policy can be asked to the Capital Markets Superintendence (DFI/SMC).</P>

<P STYLE="color: #00000A; font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">This
version of the Policy was approved at the 210th Meeting of the Company&#8217;s Board of Directors, held on January 20, 2021, and
its provisions will be valid for all proposals related the payment of earnings to be prepared by management as of the date of its
approval.</P>

<P STYLE="color: #00000A; font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>10. DEFINITIONS</B></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt; text-align: justify">10.1 - &#8220;<U>DATE WITH DIVIDENDS/IoE</U>&#8221;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">The date when the holders
or usufructuaries of shares entitled to receive the Dividends/IOE are identified.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.2 &#8211; &#8220;<U>DATE
EX-DIVIDENDS/IoE</U>&#8221;</P>


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<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">The business day following
the &#8220;Date with Dividends/IoE&#8221;, after which the shares are traded &#8220;ex-earnings&#8221;, i.e. without the right
to receive Dividends/IoE.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3 &#8211; <U>DIVIDENDS</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">Payment made to shareholders
through the distribution of part of the net income or distributable profit reserves, as recorded in the Company's interim financial
information, subdivided according to the different type and class of shares.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3.1 - <B>Priority
Dividends</B>: Shareholders who own class &#8220;A&#8221; and class &#8220;B&#8221; preferred shares will be entitled to Priority
Dividends provided for in Copel's Bylaws, which will be attributed to the Mandatory Dividend.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3.2 - <B>Mandatory
Dividends</B>: corresponds to the minimum portion &#8211; as provided for in item 6.1 of this Policy &#8211; of net income that
must be paid to shareholders. Priority Dividends are included in this definition, as the payment is mandatory under the terms of
the Bylaws.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3.3 - <B>Additional
(Supplementary) Dividends:</B> a portion of net income for the year paid to shareholders above the Mandatory Dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3.4 - <B>Regular Dividends</B>:
consist of Mandatory Dividends and, as the case may be, Additional Dividends, paid according to the parameters for the payment
of Dividends/IoE in item 3 - PARAMETERS FOR THE PAYMENT OF REGULAR DIVIDENDS.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.3.5 - <B>Extraordinary
Dividends:</B> corresponds to the payment above the Regular Dividends.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.4 - <U>PERIODICAL
DIVIDENDS</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">It is based on the accumulated
net income for the current year, calculated in the half-year or quarterly interim financial information, or shorter periods. If
Periodical Dividends are approved based on interim financial information prepared in less than six months, the total amount of
the declared Periodical Dividends, at every six months, cannot exceed the amount of the Company's capital reserves.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.5 - <U>INTERIM DIVIDENDS</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">It is based on profit
retention and profit reserves calculated in the last annual or half-year financial statements.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.6 - <U>NET DEBT</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">The sum of all the Company's
consolidated financial debts with individuals and/or legal entities, including loans and financing with third parties, issue of
fixed-income securities that are convertible or not into shares, in the domestic and/or international capital market, less the
sum of cash and cash equivalents (cash and financial investments) and the difference of derivative transactions.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.7 &#8211; <U>EBITDA</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">Consolidated profit for
the fiscal year before interest, taxes, depreciation and amortization. Equity income from affiliates and joint ventures &#8211;
which are not consolidated &#8211; are not considered.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.8 - <U>FISCAL YEAR</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">The Company&#8217;s fiscal
year is 12 months, ending on December 31 of each year.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.9 - <U>AVAILABLE CASH
FLOW</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">Cash generated by operating
activities, less net cash used in investing activities, where:</P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.05pt"></TD><TD STYLE="width: 13.3pt">a)</TD><TD STYLE="text-align: justify; padding-right: 2.85pt"><B>Cash generated by operating activities: </B>cash generated by operating
activities in the fiscal year, less taxes, contributions (IRCS) and financial charges.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="color: #00000A; font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.05pt"></TD><TD STYLE="width: 13.3pt"><FONT STYLE="color: black">b)</FONT></TD><TD STYLE="text-align: justify; padding-right: 2.85pt"><FONT STYLE="color: windowtext"><B>Net cash used in investing activities</B>:
the amount invested in noncurrent assets in the fiscal year</FONT><FONT STYLE="color: black">. </FONT></TD></TR></TABLE>


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<P STYLE="color: #00000A; font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><FONT STYLE="color: windowtext">The
financial information (a and b) above is that </FONT><FONT STYLE="color: black">presented in the Consolidated Cash Flow Statement
of the Company's Standardized Financial Statements</FONT><FONT STYLE="color: windowtext">, following the applicable accounting
standards. The Available Cash Flow will be disclosed in the quarterly earnings release.</FONT></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.11 - <U>FINANCIAL
LEVERAGE RATIO</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">The ratio between the
Company's Net Debt and EBITDA, calculated based on the consolidated financial statements for the fiscal year ended.</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.12 - <U>INTEREST ON
EQUITY (IoE)</U></P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">It represents a form
of remunerating the Company's equity, whereby the amount allocated to the shareholder can be attributed to the dividends payable
(&#8220;Dividends/IoE&quot;). The recognition of interest on equity provides a tax benefit in which the recognized amount becomes
deductible for the purposes of IRPJ/CSLL (Income Tax &#8211; Legal Entities/Social Contribution on Net Income).</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify">10.13 - <U>FINANCIAL
COVENANTS</U></P>

<P STYLE="font: 10.5pt/12pt Segoe UI,sans-serif; margin: 0 0 6pt 4.25pt">They are contractual clauses of debt securities that protect
the creditor's interest by imposing conditions that must not be breached.</P>

<P STYLE="font: 10.5pt/12pt Segoe UI,sans-serif; margin: 0 0 6pt 4.25pt">&nbsp;</P>

<P STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 6pt 4.25pt; text-align: justify"><B>11. LEGISLATION AND
RELATED RULES</B></P>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">a)</TD><TD STYLE="text-align: justify">Copel Holding Bylaws.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">b)</TD><TD STYLE="text-align: justify">Federal Law 6,404/1976.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">c)</TD><TD STYLE="text-align: justify">Federal Law 6,385/1976.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">d)</TD><TD STYLE="text-align: justify">Federal Law 9,249/1995.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">e)</TD><TD STYLE="text-align: justify">Federal Law 13,303/2016.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">f)</TD><TD STYLE="text-align: justify">CPC 26 and CPC 27.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">g)</TD><TD STYLE="text-align: justify">CVM Instruction CVM 480 of December 7, 2009 and its amendments.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">h)</TD><TD STYLE="text-align: justify">RFB Instruction 1,700 of March 14, 2017.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">i)</TD><TD STYLE="text-align: justify">SRF Instruction 41 of April 22, 1998.</TD></TR></TABLE>

<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt/12pt Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 6pt"><TR STYLE="vertical-align: top">
<TD STYLE="width: 15.3pt"></TD><TD STYLE="width: 13.05pt">j)</TD><TD STYLE="text-align: justify">Code of Corporate Governance Best Practices of the Brazilian Institute of Corporate Governance
(IBGC).</TD></TR></TABLE>

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

<P STYLE="border-bottom: #FF6600 1pt solid; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">Updates NPC
0107 of September 13, 2018.</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Arial, Helvetica, Sans-Serif; margin: 0; text-align: justify">This Policy was approved at the 210th Ordinary
Meeting of the Board of Directors held on January 20, 2021, after favorable recommendation of the 2430th Executive Board Meeting
(EBM), held on January 18, 2021.</P>

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

<P STYLE="color: #00000A; font: 10pt Arial, Helvetica, Sans-Serif; margin: 0 2.85pt 0 0; text-indent: 1in">&nbsp;</P>

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    <DIV STYLE="break-before: page; margin-top: 6pt"><P STYLE="margin: 0pt">&nbsp;</P></DIV>
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<P STYLE="font: 8pt Calibri, Helvetica, Sans-Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, 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 Times New Roman, Times, Serif; margin: 0; 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 Times New Roman, Times, Serif; margin: 0; text-indent: 24.5pt">Date January 27, 2021</P>

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

<TABLE CELLSPACING="0" CELLPADDING="0" ALIGN="CENTER" STYLE="width: 60%">
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="font: 11pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 12pt">COMPANHIA PARANAENSE DE ENERGIA &ndash; COPEL</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 Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt">By:</FONT></TD>
    <TD STYLE="vertical-align: bottom">
        <P STYLE="font: 11pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">/</FONT><FONT STYLE="font-size: 7.5pt">S</FONT><FONT STYLE="font-size: 10pt">/&nbsp;
        Daniel Pimentel Slaviero</FONT></P>
<HR SIZE="1" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%"></TD>
    <TD>&nbsp;</TD></TR>
<TR>
    <TD STYLE="font: 11pt Calibri, Helvetica, Sans-Serif">&nbsp;</TD>
    <TD STYLE="vertical-align: bottom; font: 11pt Calibri, Helvetica, Sans-Serif"><FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 10pt"><B>Daniel Pimentel Slaviero<BR>
Chief Executive Officer</B></FONT></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">&nbsp;</P>

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

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

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0 12pt">This press release may contain forward-looking statements.
These statements are statements that are not historical facts, and are based on management's current view and estimates of future
economic circumstances, industry conditions, company performance and financial results. The words &quot;anticipates&quot;, &quot;believes&quot;,
&quot;estimates&quot;, &quot;expects&quot;, &quot;plans&quot; and similar expressions, as they relate to the company, are intended
to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal
operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends
affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect
the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected
events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic
and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual
results to differ materially from current expectations.</P>
<HR SIZE="2" NOSHADE ALIGN="LEFT" COLOR="Black" STYLE="width: 100%">


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