AXIA Energia S.A.

AXIA Energia S.A. is a publicly traded leader in electricity generation and transmission in Brazil. The company is the largest power generation company in Brazil, with an installed capacity of 43,872.3 MW, representing 17% of Brazil's total installed capacity in 2025, according to ANEEL data. All of its installed capacity comes from low greenhouse gas emissions sources, supporting Brazil's energy modernization and decarbonization. In the transmission segment, AXIA Energia S.A. operates 74,769.43 km of transmission lines, including assets developed through Special Purpose Entities (SPEs). Focusing solely on Basic Network lines (230 kV voltage), the company operates 70,238.28 km, which corresponds to 37% of the National Interconnected System (SIN), making it the largest transmission company in this segment, based on ONS data. The company is also active in the energy commercialization market, having sold 8,973 MWavg in the Free Market in 2025. As of December 31, 2025, AXIA Energia S.A. served a total portfolio of 875 clients, with 780 of these being Free Market clients. This marks a 17% increase from the 745 clients served as of December 31, 2024. As of December 31, 2025, the installed generation capacity was 43,872.3 MW, equivalent to 17% of Brazil's total installed capacity of 259,839.0 MW. This capacity was 44,254.7 MW as of December 31, 2024, and 44,654.5 MW as of December 31, 2023. Of the total installed capacity, 67% is from wholly owned assets, and 33% is from projects developed through SPEs. Net operating revenues from generation accounted for 60.4%, 59.7%, and 60.3% of total net operating revenues (before eliminations) for the years ended December 31, 2025, 2024, and 2023, respectively. The company's generation assets, including hydroelectric plants that harness river flow and elevation gradients, are geographically spread across Brazil.