🧾 What This Document Is

This is a Form 6-K from the Energy Company of Paraná (COPEL), a Brazilian utility company listed on the NYSE under the ticker ELPC. It's a standard report foreign companies file with the SEC to keep U.S. investors informed about material events. This specific report is about a change to the candidates for its Supervisory Board ahead of a shareholder meeting.

🏢 What The Company Does

👉 In simple terms, COPEL is a major electric utility from the state of Paraná, Brazil. It generates, transmits, and distributes electricity. Think of it as the power company for a large region of Brazil, responsible for keeping the lights on for homes and businesses there. It's a significant, established player in Brazil's energy sector.

🚀 The Key Event: Board Nominations

The main news is that a major shareholder, BNDES Participações S.A. (BNDESPar), which is the investment arm of Brazil's national development bank, has nominated two new candidates for the company's Supervisory Board. This board functions like an audit or oversight committee.

The nominees are:

• Filipe Bordalo di Luccio – for an Alternate Member position.
• Verônica Gomes Vairo – for a Substitute Member position.

⚖️ The Timing Issue & What It Means for Voting

Here’s the catch: these nominations were received after the regulatory deadline to update the official remote voting ballot for the upcoming Annual General Meeting on April 23, 2026.

👉 Why it matters for shareholders: The company will not reissue the remote voting ballot. This means shareholders who vote by mail or online before the meeting cannot vote on these specific new candidates. However, shareholders who attend the meeting in person will be able to deliberate and vote on them. It creates a two-tier voting process for this single item.

📅 Logistics and What Stays the Same

Despite this last-minute addition, the company clarifies that everything else about the 71st Annual General Meeting remains unchanged:

• Date & Time: April 23, 2026, at 2:00 p.m. (local time in Curitiba, Brazil).
• Other Items: All other agenda items and voting procedures are unaffected.
• Candidate Info: The required information about the nominees is already publicly available in the company's "Reference Form" on various financial websites.

💼 Who Signed Off & Contact Info

The report was authorized by the company's CEO, Daniel Pimentel Slaviero, and filed by the VP of Finance and Investor Relations, Felipe Gutterres. For investors with questions, the direct contact is provided:

• Email: [email protected]
• Phone: +55 (41) 3331-4011

🧠 The Analogy

Imagine a school board election where a major donor submits a request to add two new candidates to the ballot after the printing deadline has passed. The school district says, "We can't change the ballots that have already been mailed out, but if you show up at the meeting in person, we'll let the attendees vote on your candidates directly."

🧩 Final Takeaway

COPEL is adding two board nominees from its key shareholder BNDESPar for an upcoming vote, but due to a missed deadline, only shareholders attending the meeting in person will be able to vote on them. This highlights a procedural hiccup but doesn't derail the overall shareholder meeting.