COPEL - Companhia Paranaense de Energia

08/25/2023 | Press release | Distributed by Public on 08/25/2023 04:01

Copel Launches Voluntary Dismissal Program (“PDV”) - Form 6-K

Copel Launches Voluntary Dismissal Program ("PDV")

COPEL ("Company"), a company that generates, transmits, distributes and trades energy, informs its shareholders and the market in general that launched, on this date, as provided for in the collective bargaining agreement ("ACT") signed in January this year, the new Voluntary Dismissal Program ("PDV").

The employee who adheres to the PDV will receive 30 (thirty) remunerations as indemnity compensation for the termination of the employment contract, and each employee will be entitled to the minimum amount of R$ 150 thousand, as well as payment by the Company of a fine of 40% of the value basis for termination purposes of the Severance Indemnity Fund - FGTS. After termination, maintenance will be granted for 12 (twelve) months of the payment of the monthly subsidy related to the monthly fee of the health plan and food allowance.

The PDV is limited to a budget of R$ 300 million in indemnities, without considering the amount of the FGTS fine and the subsidy for 1 year of health plan and food vouchers, and the selection criterion for the effectiveness of the adhesions will be the descending ranking of sum of age and time with the company until reaching the financial limit. If the number of requests exceeds this limit, Copel will assess the feasibility of expanding the established financial resource.

The period to apply for membership is from August 28th to September 15th and memberships will be effective after October 6, 2023. The termination must take place within 12 (twelve) months from the effective date of the transformation of Copel into a Corporation on August 11, 2023.

The Company will keep shareholders and the market in general informed about the progress of the matter that may be of interest to the market and emphasizes that the program is an integral part of the strategic management for value creation, which includes the continuous improvement of operational efficiency and long term vision.

Curitiba, August 24, 2023.

Adriano Rudek de Moura

Chief Financial and Investor Relations Officer

For further information, please contact the Investor Relations team:

[email protected] or +55 41 3331-4011