Copel (NYSE: ELPC) sets R$706M interest on equity for 2026

Rhea-AI Filing Summary

Companhia Paranaense de Energia – Copel approved a distribution of earnings in the form of Interest on Equity totaling R$706,000,000.00, based on its retained earnings. Shareholders of record on April 29, 2026 will be entitled to this amount, with shares trading ex-dividend from April 30, 2026. Payment is scheduled for September 30, 2026, and the net Interest on Equity will count toward the mandatory dividend for the 2026 fiscal year under the company’s bylaws. The Board of Directors also unanimously approved Copel’s Form 20-F for the 2025 fiscal year, which includes audited financial statements and additional disclosures on risks, the company, the electric power sector model, management, dividends and internal controls.

Positive

• Approval of R$706,000,000.00 in Interest on Equity for 2026 provides a substantial cash return to shareholders, credited against the mandatory dividend.
• Scheduling payment for September 30, 2026 with a clear April 29, 2026 record date offers transparency on timing and eligibility for the distribution.

Negative

• None.

Insights

Latin America utilities analyst

Copel combines a sizable 2026 cash distribution with routine disclosure.

Copel’s Board approved R$706,000,000.00 in Interest on Equity based on retained earnings, with payment on September 30, 2026. In Brazil, this mechanism is a tax-efficient way to return capital and will be credited against the mandatory dividend for the 2026 fiscal year.

The record date is April 29, 2026, and shares trade ex-dividend from April 30, 2026, giving clear cutoffs for entitlement. Separately, approval of the Form 20-F for fiscal 2025 is a standard governance step, confirming that financial statements and risk disclosures reviewed by management and the Statutory Audit Committee are ready for SEC filing.

Key Figures

Interest on Equity amount: R$706,000,000.00 Record date: April 29, 2026 Ex-dividend date: April 30, 2026 +3 more

6 metrics

Interest on Equity amount R$706,000,000.00 Gross Interest on Equity based on retained earnings for 2026

Record date April 29, 2026 Shareholders holding shares on this date qualify for Interest on Equity

Ex-dividend date April 30, 2026 Common shares trade ex-dividend from this date

Payment date September 30, 2026 Scheduled payment date for Interest on Equity distribution

Board meeting date April 15, 2026 273rd Ordinary Meeting of the Board of Directors approving items

Audit Committee meeting number 326th Meeting Statutory Audit Committee meeting that reviewed the 2025 Form 20-F

Key Terms

Interest on Equity, retained earnings, record date, ex-dividend, +2 more

6 terms

Interest on Equity financial

"proposal for distribution of earnings in the form of Interest on Equity in the gross amount of R$706,000,000.00"

A payment a company makes to its shareholders that compensates them for the capital they provided, similar to how a lender receives interest on a loan. In some accounting or tax systems this payment is treated like interest rather than a regular dividend, which can change a company’s reported profit, cash flow and the taxable income of investors; that treatment affects shareholder returns and valuation.

retained earnings financial

"in the gross amount of R$706,000,000.00 ... based on the Retained Earnings account"

Retained earnings are the cumulative portion of a company's profits that management keeps instead of distributing to shareholders as dividends; they appear on the balance sheet as part of owners’ value. For investors, retained earnings matter because they act like a company’s savings account—funding growth, paying down debt, or supporting future dividends—and their size and changes reveal how profitable the business has been and how management chooses to use those profits.

record date financial

"to be credited to shareholders holding shares as of April 29, 2026 (record date)"

The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.

ex-dividend financial

"as of April 30, 2026, inclusive, the Company’s common shares will be traded “ex-dividend.”"

Ex-dividend describes a stock trading without the right to receive the next scheduled dividend payment; if you buy the share on or after the ex-dividend date, the upcoming payout goes to the seller instead of you. It matters to investors because the stock price typically adjusts to reflect that lost payout, so understanding the ex-dividend date helps decide whether a trade will capture the dividend and can affect short-term price moves and tax or income strategies.

Form 20-F regulatory

"presented Form 20-F to be filed with the Securities and Exchange Commission - SEC"

Form 20-F is the standardized annual disclosure that non-U.S. companies must file with the U.S. securities regulator when their shares are traded in the U.S.; it contains audited financial statements, a plain-language description of the business, management discussion, governance details and key risk factors. It matters to investors because it provides a consistent, comparable company “report card” and rulebook, helping buyers assess financial health, governance and risks before investing.

forward-looking statements regulatory

"This press release may contain forward-looking statements."

Forward-looking statements are predictions or plans that companies share about what they expect to happen in the future, like estimating sales or profits. They matter because they help investors understand a company's outlook, but since they are based on guesses and assumptions, they can sometimes be wrong.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 04/22/2026 - 09:18 AM Learn about SEC filing dates

FAQ

What dividend-related action did Copel (ELPC) approve in this 6-K?

Copel’s Board approved a distribution of earnings as Interest on Equity totaling R$706,000,000.00. This amount is based on retained earnings and will be credited toward the company’s mandatory dividend for the 2026 fiscal year, following its bylaws.

When is the record date and ex-dividend date for Copel’s R$706 million Interest on Equity?

Shareholders holding Copel shares as of April 29, 2026 are entitled to the Interest on Equity. From April 30, 2026 onward, the company’s common shares will trade ex-dividend, meaning new buyers after that date will not receive this distribution.

When will Copel pay the approved R$706,000,000.00 Interest on Equity?

Copel set September 30, 2026 as the payment date for the approved R$706,000,000.00 Interest on Equity. The amounts, net of withholding taxes, will be paid to shareholders of record on April 29, 2026 and counted toward the 2026 mandatory dividend.

How does the Interest on Equity distribution affect Copel’s 2026 mandatory dividend?

The Interest on Equity, net of withholding taxes, will be allocated to Copel’s mandatory dividend for the 2026 fiscal year. This means the R$706 million gross amount effectively fulfills part of the minimum dividend requirement established in the company’s bylaws.

What is included in Copel’s Form 20-F for fiscal year 2025?

Copel’s Form 20-F for 2025 contains accounting information already approved by the Executive Board and Board of Directors, along with details on risk factors, the company, the electric power sector model, management, dividend distribution, internal controls, and other shareholder information.

Did Copel’s audit bodies review the 2025 Form 20-F before approval?

Yes. Members of the Statutory Audit Committee stated they analyzed the 2025 Form 20-F at their 326th meeting on April 14, 2026. They recommended approval, and the Board of Directors then unanimously approved the report for filing with the SEC.

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 6-K

Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934

For the month of April, 2026

Commission File Number 1-14668

COMPANHIA PARANAENSE DE ENERGIA

(Exact name of registrant as specified in its charter)

Energy Company of Paraná

(Translation of Registrant's name into English)

José Izidoro Biazetto, 158
81200-240 Curitiba, Paraná
Federative Republic of Brazil
+55 (41) 3331-4011

(Address of principal executive offices)

Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.  Form 20-F ___X___ Form 40-F _______

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. 

Yes _______ No ___X____

COMPANHIA PARANAENSE DE ENERGIA - COPEL CNPJ No. 76.483.817/0001-20 PUBLIC COMPANY CVM Registration No. 1431-1 NIRE 41300036535 CERTIFICATE OF THE MINUTES OF THE 273rd ORDINARY MEETING OF THE BOARD OF DIRECTORS I hereby certify, for all intents and purposes, that on April 15, 2026, at 8:30 a.m., at Rua José Izidoro Biazetto, 158 - Bloco A - Curitiba, PR, the members of the Board of Directors - CAD, who sign at the end, met to discuss the items on the agenda for this meeting. Mr. Marcel Martins Malczewski, Chairman of the Board, greeted everyone, noted the participation of Mr. Daniel Pimentel Slaviero as a guest, and invited me, Isabel Zaiczuk Raggio, to serve as secretary. Among other matters, the Board of Directors deliberated on: 01. PROPOSAL FOR A DECLARATION OF INTEREST ON EQUITY BASED ON RETETAINED EARNINGS - Mr. Felipe Gutterres Ramella, Vice President of Finance and Investor Relations, accompanied by his technical team, presented a proposal for distribution of earnings in the form of Interest on Equity in the gross amount of R$706,000,000.00 (seven hundred and six million reais) based on the Retained Earnings account, to be credited to shareholders holding shares as of April 29, 2026 (record date), subject to trades executed up to and including that date. Accordingly, as of April 30, 2026, inclusive, the Company’s common shares will be traded “ex-dividend.” The amounts of Interest on Equity, net of withholding taxes, will be allocated to the mandatory dividend for the 2026 fiscal year, in accordance with the criteria established in Article 84, Paragraph 2 of the Company’s Bylaws. After analyzing and discussing the information provided, receiving the clarifications deemed necessary, and considering the favorable recommendation of the Executive Board, issued at its 2660th Meeting on April 9, 2026, the Board of Directors unanimously resolved to approve the proposal for the distribution of earnings in the form of Interest on Equity, as recorded in the material held by the Department of Secretariat and in accordance with item 1.8 of the Dividend Policy, with payment to be made on September 30, 2026, pursuant to Article 30, item XXII, and Article 84, paragraph 1, of the Company’s Bylaws. ---------------------------------------------------------------- 02. FORM 20-F - Mr. Felipe Gutterres Ramella, Vice President of Finance and Investor Relations, accompanied by his team and with the support of the Integrity Office (DRC/SIN), presented Form 20-F to be filed with the Securities and Exchange Commission - SEC. He stated that this report contains accounting information for the fiscal year 2025, already approved by the Executive Board and the Board of Directors (Standardized Financial Statements - DFP). In addition, the document contains additional information for shareholders regarding: (i) risk factors, (ii) the Company, (iii) the electric power sector model, (iv) management (Executive Board and Boards), (v) dividend distribution, (vi) internal controls, among other information. Next, the members of the Statutory Audit Committee were heard; they reported having analyzed the matter at their 326th Meeting on April 14, 2026, and recommended its approval to this Board. After analyzing and discussing the COMPANHIA PARANAENSE DE ENERGIA - COPEL CNPJ No. 76.483.817/0001-20 PUBLIC COMPANY CVM Registration No. 1431-1 NIRE 41300036535 information provided, receiving the clarifications deemed necessary, and considering the favorable recommendation of the Executive Board, issued at its 2660th Meeting on April 9, 2026, as well as that of the Statutory Audit Committee, as noted above, the Board of Directors unanimously resolved to approve the 20-F Report as recorded in the material held by the Department of Secretariat. ------------------------------------------------ The other matters dealt with at this meeting have been omitted from this certificate, out of legitimate caution, supported by the Administration’s duty of secrecy, in accordance with the caption of article 155 of Law no. 6.404/76, since they relate to interests that are merely internal to the Company, and therefore fall outside the scope of the rule contained in paragraph 1 of article 142 of the aforementioned Law. Attendees: MARCEL MARTINS MALCZEWSKI (Chairman); GERALDO CORRÊA DE LYRA JUNIOR; JACILDO LARA MARTINS; MARCO ANTÔNIO BARBOSA CÂNDIDO; MOACIR CARLOS BERTOL; PEDRO FRANCO SALES; RAUL ALMEIDA CADENA; VIVIANE ISABELA DE OLIVEIRA MARTINS; and ISABEL ZAICZUK RAGGIO (Secretary). ISABEL ZAICZUK RAGGIO Copel’s Secretary of Governance

 

SIGNATURE

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.

Date April 22, 2026

COMPANHIA PARANAENSE DE ENERGIA – COPEL
By:	/S/  Daniel Pimentel Slaviero
	Daniel Pimentel Slaviero Chief Executive Officer

FORWARD-LOOKING STATEMENTS

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 "anticipates", "believes", "estimates", "expects", "plans" 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.