Luis Batista's questions to Companhia Paranaense de Energia (ELP) leadership • Q1 2025
Question
Luis Batista asked about the potential for Copel to migrate to the Novo Mercado and the expected effect of converting CPLE6 shares to CPLE3, which typically has a higher market value.
Answer
Executive Daniel Slaviero confirmed that migrating to the Novo Mercado is a major step being considered to unlock value and attract international investors. He acknowledged the discussion around the share conversion ratio (CPLE6 to CPLE3), noting that while historically it's often 1:1, the ultimate decision rests with shareholders to achieve the 'greater good' of a more valued and liquid company.