M&A - BRAZILIAN ELECTRIC POWER CO

Form Type: 6-K/A

Filing Date: 2025-04-14

Corporate Action: Merger

Type: Update

Accession Number: 000129281425001477

Filing Summary: The Securities and Exchange Commission filing on April 14, 2025, outlines significant updates regarding Centrais Elétricas Brasileiras S.A. - Eletrobras. The document discusses the scheduled Extraordinary General Meeting (EGM) on April 29, 2025, where a critical proposal for the merger of Eletropar into Eletrobras will be debated. This merges underline the company’s strategic move since its privatization in June 2022, aiming to enhance governance and operational efficiencies. Shareholders are being invited to participate in this exclusively digital assembly, highlighting a procedural shift to remote participation due to regulatory changes. The document explains the thorough steps needed for registration and participation through a digital platform, including Distance Voting Ballots (BVD) and pertinent documentation requirements. It also addresses the Conciliation Agreement between Eletrobras and the Federal Government, clarifying the elections for board members and fiscal council positions that will be influenced by this agreement. The results of this assembly are set to redefine corporate governance and shareholder structure, marking a pivotal moment in the company’s evolution towards global leadership in renewable energy and efficient capital allocation.