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Home › Companies › Centrais Eletricas Brasileiras SA › 2025-2026

Centrais Eletricas Brasileiras SA 2025-2026 Proxy Voting Records

At Centrais Eletricas Brasileiras SA's 3 shareholder meetings in the 2025-2026 proxy season (held December 19, 2025, April 1, 2026 and April 15, 2026), 73 asset managers reported how they voted in their SEC Form N-PX filings, covering 5,607 separate fund positions. Their filings are grouped here into 83 reported items; because filers word the same ballot item differently, that can be more than the number of items on the ballot. No official Form 8-K vote tally has been matched to this meeting, so this page states no certified outcome for its most widely held ballot item. On that item — Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Rochana Grossi Freire as… — the reporting funds cast 99.9% of the shares they voted in favour (FOR divided by FOR plus AGAINST plus WITHHELD; abstained and unvoted shares are excluded because neither took a side). That is the aggregate of those managers' own N-PX disclosures, not the company's certified result, and the funds are a subset of all shareholders.

Download data (CSV): ballot items · votes by manager · column guide.

Compiled from SEC Form N-PX filings. Page generated November 8, 2026.

  • 83Reported items
  • 73Asset managers
  • 5,607Fund votes
  • April 15, 2026Main meeting date

Results at a glance

No official results are on file for this meeting: no Form 8-K tally (Item 5.07) from Centrais Eletricas Brasileiras SA has been matched to it. The figures below are the funds’ own votes from Form N-PX. They are not the meeting result, so they are not used to judge dissent.

Material dissent: a director nominee under 80% of the votes cast, say-on-pay under 70%, any other item the board put forward under 80%, or a shareholder proposal with more than 50%, on the company’s own Form 8-K tally. How this is decided

Proxy season: 2023-2024 2025-2026

Explore Centrais Eletricas Brasileiras SA in the interactive database Compare manager voting policies

How asset managers voted at the Centrais Eletricas Brasileiras SA 2025-2026 meetings

Each item below shows how the 73 asset managers that disclosed a Centrais Eletricas Brasileiras SA vote in their SEC Form N-PX filings actually voted. Share totals are the shares those managers' funds voted, summed across every fund they report. These are reported items, not a count of the ballot: fund filings describe one ballot item in different words. Two descriptions are shown as one item only on evidence — the same text (or one cut short of the other), the same director nominee, or a match to the same row of Centrais Eletricas Brasileiras SA’s own Form 8-K tally — never because they merely read alike. A description that could not be joined that way is listed on its own, so one ballot item can appear more than once.

1. Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Rochana Grossi Freire as Alternate

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

Combines 2 wordings of this item as funds reported it.

99.9% of fund votes cast · no official result

FOR
Details: votes by 56 asset managers

The 56 asset managers below reported 174,892,436 for, 1,282 against, 1,004,217 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 174,892,436AGAINST: 1,282ABSTAIN: 1,004,217
Largest asset managers voting on “Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Rochana Grossi Freire as Alternate” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,786,5840 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,428,9830 00For
Charles Schwab3,763,3800 00For
State Street3,123,6651,282 7690For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
Hartford2,194,3540 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Invesco757,2530 00For
Principal00 690,8600Abstain
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For

Showing the 25 largest of 56 asset managers. All 56 are in the interactive database (link above).

2. Elect Cristina Fontes Doherty as Fiscal Council Member and Catia Yuassa Tokoro as Alternate

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 167,290,949 for, 18,555 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 167,290,949ABSTAIN: 18,555
Largest asset managers voting on “Elect Cristina Fontes Doherty as Fiscal Council Member and Catia Yuassa Tokoro as Alternate” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,124,9470 7690For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
Voya240,0640 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

3. Elect Jose Raimundo dos Santos as Fiscal Council Member and Paulo Roberto Bellentani Brandao as Alternate

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 167,290,949 for, 18,555 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 167,290,949ABSTAIN: 18,555
Largest asset managers voting on “Elect Jose Raimundo dos Santos as Fiscal Council Member and Paulo Roberto Bellentani Brandao as Alternate” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,124,9470 7690For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
Voya240,0640 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

4. Elect Jose Reinaldo Magalhaes as Fiscal Council Member and Anderson Carlos Koch as Alternate

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

ABSTAIN
Details: votes by 45 asset managers

The 45 asset managers below reported 990,709 for, 166,318,795 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 990,709ABSTAIN: 166,318,795
Largest asset managers voting on “Elect Jose Reinaldo Magalhaes as Fiscal Council Member and Anderson Carlos Koch as Alternate” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III00 50,969,2010Abstain
Vanguard00 46,231,6250Abstain
Fidelity00 31,404,1680Abstain
JPMorgan00 8,808,8770Abstain
Goldman Sachs00 5,426,2760Abstain
State Street1,2820 3,124,4340Abstain
Advisors' Inner Circle Fund II00 3,026,2270Abstain
TIAA00 2,518,7060Abstain
American Century00 2,009,9070Abstain
Dimensional00 1,905,8350Abstain
Franklin Templeton00 1,780,1770Abstain
DWS00 1,354,6330Abstain
Delaware/Macquarie00 1,249,6290Abstain
Pacific Life00 909,3880Abstain
MFS00 886,9380Abstain
Invesco00 757,2530Abstain
Principal690,8600 00For
Victory Capital00 660,8620Abstain
Global Macro Capital Opportunities Portfolio00 491,4280Abstain
Allspring00 411,6710Abstain
Northern Trust00 402,7810Abstain
Empower00 368,7000Abstain
Nationwide00 316,4000Abstain
Legg Mason294,8020 00For
Voya00 240,0640Abstain

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

5. Elect Cristina Fontes Doherty

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Elect Cristina Fontes Doherty” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

6. Elect Jose Raimundo dos Santos

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Elect Jose Raimundo dos Santos” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

7. Elect Jose Reinaldo Magalhaes

No official resultsDIRECTOR ELECTIONS

Meeting held April 15, 2026; no official results are on file for this meeting.

0.4% of fund votes cast · no official result

AGAINST
Details: votes by 13 asset managers

The 13 asset managers below reported 29,924 for, 7,539,647 against, 1,018,860 not voted. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 29,924AGAINST: 7,539,647NOT VOTED: 1,018,860
Largest asset managers voting on “Elect Jose Reinaldo Magalhaes” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab03,763,380 00Against
Hartford02,194,354 00Against
Russell Investments0833,874 00Against
SEI00 00Not Voted
Fidelity0382,416 00Against
Global X0209,929 00Against
SEI Exchange Traded Funds00 00Not Voted
VanEck ETF Trust085,744 00Against
Federated Hermes045,764 00Against
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust021,479 00Against
Goldman Sachs02,707 00Against
Mercer Funds00 00--

8. Approve Compulsory Redemption of All PNR Shares

No official resultsEXTRAORDINARY TRANSACTIONSCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Approve Compulsory Redemption of All PNR Shares” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

9. Expand the Right Currently Granted to Holders of Common Shares to Sell in a Public Tender Offer Following a Transfer of…

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 34 asset managers

Description as filed by funds: Expand the Right Currently Granted to Holders of Common Shares to Sell in a Public Tender Offer Following a Transfer of Control, Ensuring Equal Treatment to that Given to the Seller

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Expand the Right Currently Granted to Holders of Common Shares to Sell in a Public Tender Offer Following a Tr” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

10. Amend Articles

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 166,681,814 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 166,681,814
Largest asset managers voting on “Amend Articles” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,416,2510 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,346,7450 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
GuideStone226,3000 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

11. Change Company Name to AXIA Energia S.A. and Amend Bylaws Accordingly

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 167,074,440 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 167,074,440
Largest asset managers voting on “Change Company Name to AXIA Energia S.A. and Amend Bylaws Accordingly” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,346,7450 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
GuideStone226,3000 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

12. Consolidate Bylaws

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 166,681,814 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 166,681,814
Largest asset managers voting on “Consolidate Bylaws” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,416,2510 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,346,7450 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
GuideStone226,3000 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

13. Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the PNB1 Conversion, the…

No official resultsCORPORATE GOVERNANCE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 40 asset managers

Description as filed by funds: Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the PNB1 Conversion, the Non-Approval of the PNA1 Conversion at the PNA1 Shareholder's Meeting, and the Prior Consent of ANEEL)

The 40 asset managers below reported 158,785,848 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 158,785,848
Largest asset managers voting on “Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the PNB1 Conversion, the N” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,227,8350 00For
Fidelity27,809,8660 00For
JPMorgan8,775,6440 00For
Goldman Sachs4,761,0760 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,680,2810 00For
TIAA1,941,7660 00For
American Century1,895,2470 00For
Dimensional1,586,6440 00For
DWS1,320,6030 00For
Franklin Templeton1,297,0000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life827,3000 00For
MFS783,1000 00For
Invesco730,1090 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring418,0700 00For
Northern Trust402,7810 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica110,2330 00For
Thrivent107,7820 00For
STEWARD FUNDS, INC.103,0960 00For
Voya92,1780 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

14. Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the Preferred Shares Conversion and…

No official resultsCORPORATE GOVERNANCE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 40 asset managers

Description as filed by funds: Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the Preferred Shares Conversion and to the Prior Consent of ANEEL)

The 40 asset managers below reported 158,785,848 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 158,785,848
Largest asset managers voting on “Amend Articles and Consolidate Bylaws (Subject to the Approval and Effectiveness of the Preferred Shares Conve” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,227,8350 00For
Fidelity27,809,8660 00For
JPMorgan8,775,6440 00For
Goldman Sachs4,761,0760 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,680,2810 00For
TIAA1,941,7660 00For
American Century1,895,2470 00For
Dimensional1,586,6440 00For
DWS1,320,6030 00For
Franklin Templeton1,297,0000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life827,3000 00For
MFS783,1000 00For
Invesco730,1090 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring418,0700 00For
Northern Trust402,7810 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica110,2330 00For
Thrivent107,7820 00For
STEWARD FUNDS, INC.103,0960 00For
Voya92,1780 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

15. Amend Articles

No official resultsCORPORATE GOVERNANCE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 30 asset managers

The 30 asset managers below reported 116,234,555 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 116,234,555
Largest asset managers voting on “Amend Articles” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity21,965,9530 00For
JPMorgan5,425,2380 00For
State Street2,471,6720 00For
Goldman Sachs1,610,6000 00For
DWS1,108,0320 00For
TIAA1,035,4450 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Dimensional674,4340 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
Thrivent56,6180 00For
ProShares44,9090 00For
Morgan Stanley32,5470 00For
Lincoln Financial29,9850 00For
Pacific Life18,3000 00For

Showing the 25 largest of 30 asset managers. All 30 are in the interactive database (link above).

16. Consolidate Bylaws

No official resultsCORPORATE GOVERNANCE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 30 asset managers

The 30 asset managers below reported 116,234,555 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 116,234,555
Largest asset managers voting on “Consolidate Bylaws” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity21,965,9530 00For
JPMorgan5,425,2380 00For
State Street2,471,6720 00For
Goldman Sachs1,610,6000 00For
DWS1,108,0320 00For
TIAA1,035,4450 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Dimensional674,4340 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
Thrivent56,6180 00For
ProShares44,9090 00For
Morgan Stanley32,5470 00For
Lincoln Financial29,9850 00For
Pacific Life18,3000 00For

Showing the 25 largest of 30 asset managers. All 30 are in the interactive database (link above).

17. Amendments to Articles

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Amendments to Articles” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

18. Consolidation of Articles

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Consolidation of Articles” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

19. Amendments to Articles (Novo Mercado) - Scenario A

No official resultsCORPORATE GOVERNANCE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 12 asset managers

The 12 asset managers below reported 7,478,767 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 7,478,767
Largest asset managers voting on “Amendments to Articles (Novo Mercado) - Scenario A” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab2,893,4260 00For
Hartford2,129,8540 00For
SEI818,8000 00For
Russell Investments680,7580 00For
Fidelity382,4160 00For
Global X202,3000 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust80,2900 00For
Federated Hermes42,9680 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust17,9710 00For
Mercer Funds00 00--

20. Authorize Board to Implement the Listing of Company Shares on Novo Mercado Segment of B3

No official resultsCORPORATE GOVERNANCE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 158,785,848 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 158,785,848
Largest asset managers voting on “Authorize Board to Implement the Listing of Company Shares on Novo Mercado Segment of B3” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,227,8350 00For
Fidelity27,809,8660 00For
JPMorgan8,775,6440 00For
Goldman Sachs4,761,0760 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,680,2810 00For
TIAA1,941,7660 00For
American Century1,895,2470 00For
Dimensional1,586,6440 00For
DWS1,320,6030 00For
Franklin Templeton1,297,0000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life827,3000 00For
MFS783,1000 00For
Invesco730,1090 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring418,0700 00For
Northern Trust402,7810 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica110,2330 00For
Thrivent107,7820 00For
STEWARD FUNDS, INC.103,0960 00For
Voya92,1780 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

21. Change of Company Name

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Change of Company Name” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

22. Approve Conversion of All Class B1 Preferred Shares (PNB1) into Common Shares at Ratio 1.1 Common Shares for One PNB1

No official resultsCAPITAL STRUCTURE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 179,815,046 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 179,815,046
Largest asset managers voting on “Approve Conversion of All Class B1 Preferred Shares (PNB1) into Common Shares at Ratio 1.1 Common Shares for O” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard53,202,1680 00For
Advisors' Inner Circle Fund III50,969,2010 00For
Fidelity29,020,6850 00For
BlackRock10,245,7520 00For
JPMorgan9,239,0690 00For
Goldman Sachs4,889,5140 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,757,0420 00For
TIAA2,311,6840 00For
American Century2,253,4470 00For
Dimensional1,795,8900 00For
DWS1,590,4320 00For
Franklin Templeton1,549,2000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life843,2000 00For
Invesco803,7090 00For
MFS783,1000 00For
Global Macro Capital Opportunities Portfolio577,1280 00For
Northern Trust465,3220 00For
Allspring418,0700 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica113,3330 00For
Thrivent107,7820 00For
Eaton Vance107,6820 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

23. Approve Conversion of All Class A1 Preferred Shares (PNA1) into Common Shares at Ratio 1.1 Common Shares for One PNA1

No official resultsCAPITAL STRUCTURE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 158,785,848 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 158,785,848
Largest asset managers voting on “Approve Conversion of All Class A1 Preferred Shares (PNA1) into Common Shares at Ratio 1.1 Common Shares for O” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,227,8350 00For
Fidelity27,809,8660 00For
JPMorgan8,775,6440 00For
Goldman Sachs4,761,0760 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,680,2810 00For
TIAA1,941,7660 00For
American Century1,895,2470 00For
Dimensional1,586,6440 00For
DWS1,320,6030 00For
Franklin Templeton1,297,0000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life827,3000 00For
MFS783,1000 00For
Invesco730,1090 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring418,0700 00For
Northern Trust402,7810 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica110,2330 00For
Thrivent107,7820 00For
STEWARD FUNDS, INC.103,0960 00For
Voya92,1780 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

24. Approve Listing of Company Shares on Novo Mercado Segment of B3

No official resultsCAPITAL STRUCTURE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 40 asset managers

The 40 asset managers below reported 158,785,848 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 158,785,848
Largest asset managers voting on “Approve Listing of Company Shares on Novo Mercado Segment of B3” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,227,8350 00For
Fidelity27,809,8660 00For
JPMorgan8,775,6440 00For
Goldman Sachs4,761,0760 00For
Advisors' Inner Circle Fund II3,026,2270 00For
State Street2,680,2810 00For
TIAA1,941,7660 00For
American Century1,895,2470 00For
Dimensional1,586,6440 00For
DWS1,320,6030 00For
Franklin Templeton1,297,0000 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life827,3000 00For
MFS783,1000 00For
Invesco730,1090 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring418,0700 00For
Northern Trust402,7810 00For
Empower368,7000 00For
GuideStone226,3000 00For
AIG/SunAmerica110,2330 00For
Thrivent107,7820 00For
STEWARD FUNDS, INC.103,0960 00For
Voya92,1780 00For

Showing the 25 largest of 40 asset managers. All 40 are in the interactive database (link above).

25. Amend Article 5 to Reflect Changes in Authorized Capital

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

99.9% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,647,856 for, 637 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,647,856AGAINST: 637
Largest asset managers voting on “Amend Article 5 to Reflect Changes in Authorized Capital” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,485,555637 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

26. Approve Compulsory Conversion of Current Preferred Shares: (1) PNA into PNA1 and PNR; and (2) PNB into PNB1 and PNR

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Approve Compulsory Conversion of Current Preferred Shares: (1) PNA into PNA1 and PNR; and (2) PNB into PNB1 an” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

27. Create New Class of Preferred Stock (PNA1)

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Create New Class of Preferred Stock (PNA1)” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

28. Create New Class of Preferred Stock (PNB1)

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Create New Class of Preferred Stock (PNB1)” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

29. Create New Class of Preferred Stock (PNC)

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Create New Class of Preferred Stock (PNC)” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

30. Create New Class of Preferred Stock (PNR)

No official resultsCAPITAL STRUCTURE

Meeting held December 19, 2025; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 34 asset managers

The 34 asset managers below reported 121,648,493 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 121,648,493
Largest asset managers voting on “Create New Class of Preferred Stock (PNR)” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III40,764,0490 00For
Vanguard36,624,7020 00For
Fidelity22,053,9530 00For
JPMorgan5,425,2380 00For
State Street2,486,1920 00For
Advisors' Inner Circle Fund II2,396,3710 00For
TIAA2,040,4660 00For
Goldman Sachs1,629,8760 00For
Dimensional1,479,4320 00For
DWS1,108,0320 00For
Delaware/Macquarie989,5410 00For
Franklin Templeton848,6000 00For
Invesco761,0950 00For
American Century742,2770 00For
Principal360,4920 00For
Empower348,6000 00For
Northern Trust303,2000 00For
Global Macro Capital Opportunities Portfolio296,6000 00For
Legg Mason259,9680 00For
Voya207,6980 00For
GuideStone95,4000 00For
HC CAPITAL TRUST91,5420 00For
STEWARD FUNDS, INC.81,6390 00For
Thrivent60,8400 00For
ProShares44,9090 00For

Showing the 25 largest of 34 asset managers. All 34 are in the interactive database (link above).

31. Conversion of Class B1 Preferred Shares to Common Shares

No official resultsCAPITAL STRUCTURE

Meeting held April 1, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,076,730 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,076,730
Largest asset managers voting on “Conversion of Class B1 Preferred Shares to Common Shares” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,472,3890 00For
Hartford2,129,8540 00For
SEI818,8000 00For
Russell Investments680,7580 00For
Fidelity382,4160 00For
Global X202,3000 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust80,2900 00For
Federated Hermes42,9680 00For
Prudential/PGIM42,9240 00For
Venerable Variable Insurance Trust17,9710 00For
Goldman Sachs6,0000 00For
Mercer Funds00 00--

32. Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 167,257,589 for, 51,915 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 167,257,589ABSTAIN: 51,915
Largest asset managers voting on “Accept Financial Statements and Statutory Reports for Fiscal Year Ended Dec. 31, 2025” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
Voya240,0640 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

33. Approve Allocation of Income and Dividends

No official resultsCAPITAL STRUCTURE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 45 asset managers

The 45 asset managers below reported 167,309,504 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 167,309,504
Largest asset managers voting on “Approve Allocation of Income and Dividends” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
Voya240,0640 00For

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

34. Accounts and Reports

No official resultsCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Accounts and Reports” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

35. Allocation of Profits/Dividends

No official resultsCAPITAL STRUCTURE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Allocation of Profits/Dividends” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

36. Approve Remuneration of Company's Management, External Advisory Committee Members, and Fiscal Council

Meeting held April 15, 2026; no official results are on file for this meeting.

100% Fund and manager reports combined; may count the same shares twice · no official result

FOR
Details: votes by 47 asset managers

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports: 44 asset managers voting on “Approve Remuneration of Company's Management, External Advisory Committee Members, and Fiscal Council” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard46,231,6250 00For
Fidelity31,404,1680 00For
JPMorgan8,808,8770 00For
Goldman Sachs5,426,2760 00For
State Street3,125,7160 00For
Advisors' Inner Circle Fund II3,026,2270 00For
TIAA2,518,7060 00For
American Century2,009,9070 00For
Dimensional1,905,8350 00For
Franklin Templeton1,780,1770 00For
DWS1,354,6330 00For
Delaware/Macquarie1,249,6290 00For
Pacific Life909,3880 00For
MFS886,9380 00For
Invesco757,2530 00For
Principal690,8600 00For
Victory Capital660,8620 00For
Global Macro Capital Opportunities Portfolio491,4280 00For
Allspring411,6710 00For
Northern Trust402,7810 00For
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason294,8020 00For
Voya240,0640 00For

Fund voting reports, all 44 managers: 167,293,056 for. Showing the 25 largest; every one is in the interactive database (link above).

Institutional-manager reports: 3 asset managers voting on “Approve Remuneration of Company's Management, External Advisory Committee Members, and Fiscal Council” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
APG Asset Management US Inc.3,659,2790 00For
SHELTON CAPITAL MANAGEMENT16,4480 00For
ANTIPODES PARTNERS Ltd15,6650 00For

Institutional-manager reports, all 3 managers: 3,691,392 for.

37. Approve Performance Share Plan

Meeting held April 15, 2026; no official results are on file for this meeting.

38% of fund votes cast · no official result

FORAGAINST
Details: votes by 45 asset managers

The 45 asset managers below reported 62,754,924 for, 104,319,516 against. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 62,754,924AGAINST: 104,319,516
Largest asset managers voting on “Approve Performance Share Plan” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Advisors' Inner Circle Fund III50,969,2010 00For
Vanguard046,231,625 00Against
Fidelity031,404,168 00Against
JPMorgan08,808,877 00Against
Goldman Sachs5,426,2760 00For
State Street3,119,9035,813 00For
Advisors' Inner Circle Fund II03,026,227 00Against
TIAA02,518,706 00Against
American Century02,009,907 00Against
Dimensional01,905,835 00Against
Franklin Templeton01,780,177 00Against
DWS01,346,745 00Against
Delaware/Macquarie01,249,629 00Against
Pacific Life888,50020,888 00For
MFS872,77514,163 00For
Invesco757,2530 00For
Principal0690,860 00Against
Victory Capital0660,862 00Against
Global Macro Capital Opportunities Portfolio0491,428 00Against
Allspring0411,671 00Against
Northern Trust0402,781 00Against
Empower368,7000 00For
Nationwide316,4000 00For
Legg Mason0294,802 00Against
GuideStone0226,300 00Against

Showing the 25 largest of 45 asset managers. All 45 are in the interactive database (link above).

38. Approval of the Performance Shares Plan

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Approval of the Performance Shares Plan” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

39. Remuneration Policy

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: votes by 13 asset managers

The 13 asset managers below reported 8,588,431 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 8,588,431
Largest asset managers voting on “Remuneration Policy” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Charles Schwab3,763,3800 00For
Hartford2,194,3540 00For
Russell Investments833,8740 00For
SEI818,8000 00For
Fidelity382,4160 00For
Global X209,9290 00For
SEI Exchange Traded Funds200,0600 00For
VanEck ETF Trust85,7440 00For
Federated Hermes45,7640 00For
Prudential/PGIM29,9240 00For
Venerable Variable Insurance Trust21,4790 00For
Goldman Sachs2,7070 00For
Mercer Funds00 00--

40. Elect Gisomar Francisco de Bittencourt Marinho as Fiscal Council Member and Paulo Roberto Franceschi as Alternate…

No official resultsAUDIT-RELATEDCORPORATE GOVERNANCE

Meeting held April 15, 2026; no official results are on file for this meeting.

100% of fund votes cast · no official result

FOR
Details: description as filed, votes by 23 asset managers

Description as filed by funds: Elect Gisomar Francisco de Bittencourt Marinho as Fiscal Council Member and Paulo Roberto Franceschi as Alternate Appointed by Preferred Shareholder

The 23 asset managers below reported 11,159,191 for. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

FOR: 11,159,191
Largest asset managers voting on “Elect Gisomar Francisco de Bittencourt Marinho as Fiscal Council Member and Paulo Roberto Franceschi as Altern” at Centrais Eletricas Brasileiras SA, 2025-2026
Asset managerForAgainst AbstainWithheldVote
Vanguard7,002,8330 00For
Fidelity1,220,1190 00For
JPMorgan474,0170 00For
TIAA389,1180 00For
Goldman Sachs365,7380 00For
American Century358,2000 00For
DWS269,8290 00For
Franklin Templeton257,3000 00For
Dimensional209,2460 00For
Nationwide86,8000 00For
Global Macro Capital Opportunities Portfolio85,7000 00For
State Street76,2710 00For
Invesco73,6000 00For
Dodge & Cox71,9000 00For
Eaton Vance68,8660 00For
Northern Trust62,5410 00For
Calvert38,2000 00For
Voya14,9490 00For
Pacific Life14,6000 00For
Morgan Stanley8,8620 00For
Lincoln Financial5,9000 00For
AIG/SunAmerica3,1000 00For
Lattice Strategies Trust1,5020 00For

Showing the 40 reported items with the widest manager coverage, of 83 in total. Every item is in the interactive database (link above).

Largest Centrais Eletricas Brasileiras SA shareholders voting in 2025-2026

Ranked separately for each type of Form N-PX report. An institutional manager can report shares that a fund it advises also reports, so the two tables can list the same shares and are never added together. Each is ranked by the shares voted on the item that the most managers of that type reported.

Fund voting reports: top Centrais Eletricas Brasileiras SA shareholders by shares voted on “Elect Carlos Eduardo Teixeira Taveiros as Fiscal Council Member and Rochana Grossi Freire as…”, 2025-2026
#Asset manager Shares voted
1Advisors' Inner Circle Fund III 50,969,201
2Vanguard 46,231,625
3Fidelity 31,786,584
4JPMorgan 8,808,877
5Goldman Sachs 5,428,983
6Charles Schwab 3,763,380
7State Street 3,125,716
8Advisors' Inner Circle Fund II 3,026,227
9TIAA 2,518,706
10Hartford 2,194,354
Institutional-manager reports: top Centrais Eletricas Brasileiras SA shareholders by shares voted on “To set the annual aggregate compensation of the officers, directors, external members of…”, 2025-2026
#Asset manager Shares voted
1Janney Montgomery Scott LLC 18,422
2Ethic Inc. 9,425
3UNITED CAPITAL FINANCIAL ADVISORS, LLC 2,248
4Dynasty Wealth Management, LLC 492

Shown as share counts, not percentages: no shares-outstanding figure has been matched to Centrais Eletricas Brasileiras SA for the 2025-2026 season, so there is no denominator to divide by.

Related

About this page

Every figure above is derived from filings made with the US Securities and Exchange Commission: Form N-PX, in which registered funds disclose how they voted every proxy and institutional managers disclose their votes on executive pay (say-on-pay, say-on-frequency and golden parachutes), and Form 8-K Item 5.07, in which the company reports its own meeting results. This page is a static snapshot rebuilt weekly on November 8, 2026; a live search always shows the current data.

Centrais Eletricas Brasileiras SA proxy season coverage: 2023-2024 · 2025-2026 (this page).

Cite this page

proxyvotesnow.com, “Centrais Eletricas Brasileiras SA 2025-2026 Annual & Special Meetings”, https://proxyvotesnow.com/company/centrais-eletricas-brasileiras-sa/2026 (version of November 9, 2026). Derived from SEC Form N-PX and Form 8-K filings; tables licensed CC BY 4.0. Licence: CC BY 4.0.