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 July, 2025
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A.- ELETROBRÁS
(Exact name of registrant as specified in itscharter)
BRAZILIAN ELECTRIC POWER COMPANY
(Translation of Registrant's name into English)
Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil
(Address of principal executive office)
Indicate by check mark whether the registrantfiles 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 registrantby furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
Corporate Governance Report
Rio de Janeiro, July 25, 2025, Centrais ElétricasBrasileiras S/A - Eletrobras announces that the 2025 Corporate Governance Report was submitted yesterday on the Company’s websiteand on the Brazilian Securities and Exchange Commission (CVM) website. Eletrobras achieved a 94% compliance rate with the practicesrecommended by the Brazilian Corporate Governance Code, reaffirming its commitment to following the best and most transparent governanceguidelines.
Among the practices adopted by Eletrobras and disclosedin the Governance Report, the following stand out:
| • | TheBoard of Directors composed of 70% of independent members. |
| • | Internalregulations and policies that address the management of potential conflict of interest situations. |
| • | Annualperformance evaluation of the Board of Directors and its members, including the Chairperson, advisory committees, and the GovernanceSecretariat, with the support of an independent external consultancy. |
| • | Annualperformance evaluation of the Executive Board members, with short-term variable compensation linked to the achievement of financial andnon-financial targets (including ESG aspects). |
| • | Independentand impartial Whistleblowing Channel in operation since 2017, awarded in 2025 by the Global Compact’s Transparency 100% Platformand in the 2021-2022 and 2023-2024 cycles by the Pró-Etica Seal. |
| • | Compliancewith the Diversity Requirements of Annex B (ESG Measures) of the B3 Issuers’ Regulation, with the current Board of Directors includingat least one woman and one member of an underrepresented group (Black, Brown or Indigenous people, members of the LGBTQIA+ community,or people with disabilities). |
Another highlight in 2024 and 2025 was the creationof new bylaw rules:
| • | Establishmentof clear and objective new rules regarding the election of members of the Board of Directors and Fiscal Council by the Federal Government,within the scope of the Commitment Term signed to end ADI No. 7,385 currently pending before the Supreme Federal Court, thus ensuringthe preservation of the corporation model that guided Eletrobras’ privatization process and providing legal certainty to its shareholders. |
| • | Establishmentof a numerical limit of four accumulated positions on the Boards of Directors of publicly traded companies, including the board of Eletrobrasitself. More restrictive limits were set for board members who serve as chairperson of the board and for candidates holding executivefunctions or chairing the Board of Directors in another publicly traded company (overboarding); |
| • | Creationof the Sustainability Committee. |
This document may contain estimates and projections that are notstatements of past events, but reflect beliefs and expectations of our administration and may constitute estimates and projections offuture events in accordance with Section 27A of the Securities Act of 1933, as amended, And Section 21E of theSecurities and Exchange Act 1934, as amended. The words “believe”, “you will be able”, “youcan”, “you will”, “you will”, “anticipates”, “intends”, “expects” andsimilar aims to identify estimates that necessarily involve risks and uncertainties, known or not. Known risks and uncertainties include,but are not limited to: General economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates,inflation and Real value, changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness,the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operateour hydroelectric plants, our capital investment and financing plans, existing and future government regulations, And other risks describedin our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they wereexpressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or futureevents. The future results of the companies' operations and initiatives may differ from current expectations and the investor should notrely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.
Eletrobras thus reaffirms its commitment to the continuousimprovement of its corporate governance, in line with the highest national and international standards, viewing its best practices astools for generating sustainable value for shareholders and other stakeholders.
Eduardo Haiama
Vice President of Finance and Investor Relations
This document may contain estimates and projections that are notstatements of past events, but reflect beliefs and expectations of our administration and may constitute estimates and projections offuture events in accordance with Section 27A of the Securities Act of 1933, as amended, And Section 21E of theSecurities and Exchange Act 1934, as amended. The words “believe”, “you will be able”, “youcan”, “you will”, “you will”, “anticipates”, “intends”, “expects” andsimilar aims to identify estimates that necessarily involve risks and uncertainties, known or not. Known risks and uncertainties include,but are not limited to: General economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates,inflation and Real value, changes in volumes and patterns of consumer use of electricity, competitive conditions, our level of indebtedness,the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operateour hydroelectric plants, our capital investment and financing plans, existing and future government regulations, And other risks describedin our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they wereexpressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or futureevents. The future results of the companies' operations and initiatives may differ from current expectations and the investor should notrely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.
SIGNATURE
Pursuant to the requirements of theSecurities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereuntoduly authorized.
Date: July 25, 2025
| CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
| By: | /S/ Eduardo Haiama | |
| Eduardo Haiama Vice-President of Finance and Investor Relations | ||
FORWARD-LOOKING STATEMENTS
This document may contain estimates and projections that are not statementsof past events but reflect our management’s beliefs and expectations and may constitute forward-looking statements under Section27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. The words “believes”,“may”, “can”, “estimates”, “continues”, “anticipates”, “intends”,“expects”, and similar expressions are intended to identify estimates that necessarily involve known and unknown risks anduncertainties. Known risks and uncertainties include, but are not limited to: general economic, regulatory, political, and business conditionsin Brazil and abroad; fluctuations in interest rates, inflation, and the value of the Brazilian Real; changes in consumer electricityusage patterns and volumes; competitive conditions; our level of indebtedness; the possibility of receiving payments related to our receivables;changes in rainfall and water levels in reservoirs used to operate our hydroelectric plants; our financing and capital investment plans;existing and future government regulations; and other risks described in our annual report and other documents filed with the CVM andSEC. Estimates and projections refer only to the date they were expressed, and we do not assume any obligation to update any of theseestimates or projections due to new information or future events. Future results of the Company’s operations and initiatives maydiffer from current expectations, and investors should not rely solely on the information contained herein. This material contains calculationsthat may not reflect precise results due to rounding.