Institutional

© 2024 – All rights reserved – Terms of Use and Privacy Policy.

Powered by MZ

Frequently Asked Questions

1. Shares

In which stock exchanges are Copel’s shares traded?

In Brazil, the shares are traded on B3. Abroad, the shares are traded in the United States, on the New York Stock Exchange (NYSE), and in Spain, on the Latibex (Bolsa y Mercados Españoles).

What is the ticker of Copel’s shares?

On [B]³, Copel’s shares are traded under the tickers CPLE3 (common shares – ON), CPLE5 (class A preferred shares – PNA) and CPLE6 (class B preferred shares – PNB).
On international stock exchanges, the shares are traded under the following tickers: In the United States, the shares trade under the ticker ELP (CPLE6) and ELPC (ON). In Spain, the shares trade under the tickers XCOPO (ON shares) and XCOP (PNB shares).

You can follow our share prices on the IR website, at https://ri.copel.com/en.

How can I follow Copel's share prices?

Access our Investor Relations website, at https://ri.copel.com/en/investor-services/interactive-chart/

What is a True Corporation?

A True Corporation is a publicly traded business organization in which shares are dispersed and does not have a defined controller.

As of August 2023, Copel became a True Corporation with dispersed capital, whose voting rights are limited to 10% of common shares (CPLE3).

More details in the Bylaws.

What is the difference between common and preferred shares?

ON shares are Common Shares and guarantee full voting rights at the Company’s shareholders’ meetings. PN shares are Preferred Shares, which have preference in receiving dividends and have restricted voting rights in the Company’s shareholders’ meetings, pursuant to article 5, paragraph 7, of Copel’s Bylaws.

For additional information on the characteristics of each class of shares issued by Copel, please refer to item 12.2 of the Reference Form.

How do I buy and sell shares?

2. Bookkeeper

Who is the bookkeeping agent for Copel's shares?

The bookkeeping agent is an institution hired by a company with shares traded on a stock exchange to protect, update, coordinate corporate events, carry out payment of dividends and interest on equity, in addition to providing support to shareholders.

Currently, Itaú is the bookkeeping bank for Copel shares. Questions regarding the services under the responsibility of the bookkeeping bank can be obtained through the following service channels:

Capitals and Metropolitan Regions: 3003-9285 (Whatsapp)* / Other Regions: 0800 720 9285 / E-mail: PreAtendimentoEscritural@itau-unibanco.com.br

(*) Virtual Assistant: only for ANDROID systems

3. Custodian

How can I get a statement with my shareholding position?

Itaú Bank, which is the bookkeeping agent for Copel shares, provides the following shareholder service channels:

Capitals and Metropolitan Regions: 3003-9285 (Whatsapp)* / Other Regions: 0800 720 9285 / E-mail: PreAtendimentoEscritural@itau-unibanco.com.br

(*) Virtual Assistant: only for ANDROID systems

In addition, shareholders may, at any time, visit a branch of Itaú Bank and request a statement with their shareholding position.
Shareholders who acquired shares through a stockbroker should consult their shareholding position with the institution that intermediated the investment.

 

How can I update my registration data?

Registration data must be updated through Itaú, the bookkeeping agent of Copel’s shares. To do so, please visit any branch of Itaú with your personal documents.
More information can be obtained through following shareholder service channels:

Capitals and Metropolitan Regions: 3003-9285 (Whatsapp)* / Other Regions: 0800 720 9285 / E-mail: PreAtendimentoEscritural@itau-unibanco.com.br

(*) Virtual Assistant: only for ANDROID systems

Shareholders who acquired shares through a stockbroker should updated their registration data with the institution that intermediated the investment.

Where do I find the Annual Income Report for my Income Tax Declaration?

Please access https://ri.copel.com/en/investor-services/ and follow the instructions.

4. Structure

Who is the controlling shareholder of Copel?

Copel is a Corporation with dispersed capital, that is, without a defined controller. The complete shareholder structure is available on our website, at https://ri.copel.com/en/corporate-governance/corporate-structure/

5. Proceeds

What is Copel’s dividend policy?

Copel’s dividend policy is available on our website, at https://ri.copel.com/en/financial-data/dividends/

How do I receive dividends and interest on equity?

Shareholders with shares held in custody of Itaú Bank will have dividends and interest on equity deposited directly to their bank accounts. If you have not received your dividends, your bank account information is probably outdated. To update your information, please visit any branch of Itaú Bank with your personal documents.

Shareholders who acquired shares through a stockbroker will receive the proceeds in their account at that institution.

Shareholders registered as owners, or with usufruct of the shares, on the date defined in the dividend and interest on equity payment declaration shall be entitled to receive dividends and interest on equity, pursuant to item 8 -. CRITERIA FOR SETTING THE “DATE WITH DIVIDENDS/IoE”, of the Company’s Dividend Policy.

6. Governance

What are B3's Governance levels?
What is Copel’s current level of Governance?

Copel is currently listed on the Level 2 Corporate Governance of B3 (Brasil, Bolsa, Balcão – São Paulo Stock Exchange) and complies with the provisions of Federal Law 6,404/1976 and Federal Law 13,303/2016.

The Level 2 regulation includes differentiated corporate governance practices, such as:

(i) tag along rights for 100% of common shares and preferred shares, granting equal treatment for the Company’s shareholders;

(ii) voting rights for preferred shareholders in matters involving the transformation, incorporation, spin-off or merger of the
Company. and

(iii) the use of B3’s Market Arbitration Chamber (CAM). It is worth highlighting that the Level 2 listing solidifies the strong corporate governance advancements being implemented by the Company in recent years.

What are the Company's obligations under B3's Level 2 Governance?

Level 2 includes enhanced levels of corporate governance, including:

(1) tag along rights for 100% of Common and Preferred shares, granting equal treatment to the Company’s shareholders;

(2) voting rights for holders of Preferred Shares (Class A Shares and Class B Shares) in matters involving the transformation, incorporation, or spin-off of Copel;

(3) the obligation to carry out a public offering for all shareholders in specific events, including change of control, delisting from Level 2 (except for the purpose of listing Copel in the Novo Mercado, a special listing segment of B3), or the cancellation of the Company’s registration as a publicly held company according to Brazilian legislation;

(4) additional protections for minority shareholders. For additional information on the obligations for companies listed in the Level 2 Corporate Governance segment, please visit B3’s website at https://www.b3.com.br/en_us/.

Where do I find Copel’s Bylaws?

The Company’s Bylaws is available on its Investor Relations website, at https://ri.copel.com/en/corporate-governance/bylaws-policies-and-regiments/.

7. Investor Relations

How can I receive regular information from Copel's Investor Relation’s Division?

You can subscribe to our mailing list by filling out a form, at https://ri.copel.com/en/investor-services/ir-mailing/.

How and where does Copel disclose its results?

The Company’s quarterly results are available on the Investor Relations website, at https://ri.copel.com/en/financial-data/results-center/. The dates for disclosing results are informed, in due course, on the Company’s website and comply with the legal deadlines.

How can I contact the Investor Relations Division?

You may contact the Investor Relations Division by calling +55 (41) 3331-4011 or sending an e-mail to ri@copel.com.br.

8. Operations

What are Copel's areas of activity?

Copel has a leading role in the Brazilian electricity sector, as the result of its 67 years of experience and technical abilities for the generation, transmission, distribution and trade of energy. For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/.

Why is Copel considered an integrated company?

Copel generates, transmits, distributes and trades energy. For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/.

In which states of Brazil does Copel have operations?

Copel is present in ten Brazilian states: Goiás (GO), Maranhão (MA), Rio Grande do Norte (RN), Bahia (BA), Minas Gerais (MG), São Paulo (SP), Santa Catarina (SC), Rio Grande do Sul (RS), Paraná (PR), and Mato Grosso (MT). For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/

What is Copel’s distribution concession area?

Copel Distribuição’s concession area includes 394 of the 399 municipalities in the State of Paraná and one municipality in the State of Santa Catarina (Porto União), corresponding to 1,068 locations and 4.9 million electricity consuming units. The Company also partially serves the municipalities of Guarapuava and Coronel Vivida through its electricity distribution system. For additional information, please visit the Company’s institutional https://www.copel.com/hpcopel/english/.

What is the Copel’s generation installed capacity?

The total installed capacity is 6,430 MW, adjusted for Copel’s share. For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/.

What are Copel's Generation assets and where are they located?

Copel has 45 own power generation plants (19 hydroelectric, 1 thermal, and 25 wind), operates 1 hydroelectric plant under a share regime, and has equity stakes in 11 energy generation projects (1 thermal, 6 hydroelectric, and 4 wind farms) currently in operation. For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/

What are Copel's Transmission assets and where are they located?

To transmit and distribute generated energy, the Company has 9,616 km of transmission lines and 204,957 km of distribution lines, ranking as the third largest distribution network in Brazil. For additional information, please visit the Company’s institutional website at https://www.copel.com/hpcopel/english/.

What does an energy trader do?

In 2020, Copel Comercialização changed its trade name to Copel Mercado Livre. Through this wholly-owned subsidiary, Copel purchases and sells electricity and operates in the Free Energy Market, offering services such as: management, migration consulting, modeling for generators and consumers, management of demand, among others.

When did Copel establish its energy trading company?

The Company has been operating in this segment for four years and currently has a portfolio of 965 clients in 22 Brazilian states. In 2020, upon reaching approximately 1.4 GW in average energy, which was traded in the Electricity Commercialization Chamber (CCEE), Copel ranked as the fourth energy trade company.

9. ESG

Where can I find Copel’s ESG information?

Copel’s ESG information are available on the Sustainability Portal (copelsustentabilidade.com) and in the annual reports: Integrated Report and Social and Environmental Responsibility Reports of Copel Distribuição and Copel Geração e Transmissão (Annual Social and Environmental Reports – Copel Investor Relations).

Where can I find Copel’s Greenhouse Gas Inventory information?

Copel yearly prepares its Greenhouse Gas (GHG) Inventory in compliance with the GHG Protocol’s methodology. Said inventory is verified by a third party. Copel’s GHG inventory information can be accessed by clicking on Emissions and Performance Management – Copel Sustainability. Additionally, other information on the actions against climate change can be accessed by clicking on Climate Change – Copel Sustainability.

Where can I find information about Copel’s environmental practices?

Copel’s environmental practices are available on the Sustainability Portal (Environment – Copel Sustainability). This section describes practices of natural resource management, waste management, effluent management, emissions and noise management, biodiversity management, and climate change management. The information about environmental programs developed by Copel can be accessed by clicking on Environmental Programs – Copel Sustainability.

The information about Copel’s environmental performance can be accessed in the annual reports: Integrated Report and Social and Environmental Responsibility Reports of Copel Distribuição and Copel Geração e Transmissão (Annual Social and Environmental Reports – Copel Investor Relations).

Where can I find information about Copel’s social practices?

The information about Copel’s social practices is available on the Sustainability Portal (Social – Copel Sustainability). This section describes Copel’s people management, social responsibility, and sociocultural management practices. The information about the social programs developed by Copel can be accessed by clicking on Social Programs – Copel Sustainability.

The information about Copel’s social performance can be accessed in the annual reports: Integrated Report and Social and Environmental Responsibility Reports of Copel Distribuição and Copel Geração e Transmissão (Annual Social and Environmental Reports – Copel’s Investor Relations).

Where can I find information about Copel’s corporate governance?

Copel’s corporate governance information is available on the Sustainability Portal (Governance – Copel Sustainability). This section describes various topics composing Copel’s corporate governance, such as risk management and the integrity program. Copel’s corporate governance practices can be accessed by clicking on Governance Practices – Copel Sustainability.