Copel's Novo Mercado Migration Advances as Shareholder Withdrawal Deadline Passes Without Dissent

ELP
November 01, 2025

The deadline for dissenting common shareholders of Companhia Paranaense de Energia (ELP) to exercise their right of withdrawal regarding the equalization of preferred shares passed on September 24, 2025. This deadline was a key step in the company's planned migration to the Novo Mercado segment of B3.

No shareholders exercised their right of withdrawal by the specified deadline. This outcome indicates shareholder alignment with the company's strategic move to enhance corporate governance and liquidity.

The migration to the Novo Mercado aims to unify share classes, increase liquidity, and attract new investors by adhering to stringent corporate governance standards. Management remains confident in concluding the migration by the end of 2025.

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