Governance Practices

Aligned with market practices, Copel has as reference the Code of Best Governance Practices of the Brazilian Institute of Corporate Governance (IBGC), which defines corporate governance practices as “the conversion of basic principles into objective recommendations, aligning interests with the purpose of preserving and optimizing the long-term economic value of the organization, facilitating its access to resources and contributing to the quality of the organization’s management, its longevity and the common good.

Copel, a publicly traded company, aligns its practices with the requirements established for companies listed on Level 2 of Governance of the B3 – Brasil, Bolsa, Balcão, complying with the provisions of Federal Laws No. 6,404/1976 and No. 13,303/2016, the rules of the Comissão de Valores Mobiliários (CVM) and other applicable legislation, in Brazil.

Abroad, the Company complies with the rules of the Securities and Exchange Commission (SEC) and the New York Stock Exchange (NYSE), in the United States; of LATIBEX of Bolsa y Mercados Españoles, in Spain.

Copel’s practice is the constant improvement of its Governance System, which goes beyond compliance with legal requirements, the regulations of the Securities and Exchange Commission (CVM), the Issuers Regulation of B3, and the practices imposed by the North American legislation for companies listed on the New York Stock Exchange.

GRI – 102-1; 102-3; 102-7; 102.18 and 102-22