Clarification on CVM/B3 queries

Companhia Paranaense de Energia - COPEL ('Company'), a company that generates, transmits, distributes and trades energy, with shares and stock deposit certificates (UNITs) listed on B3 S.A. - Brasil, Bolsa, Balcão (CPLE3, CPLE5, CPLE6, CPLE11), on the NYSE (ELP) and LATIBEX (XCOP, XCOPO, XCOPU), provides clarification on the questioning of atypical fluctuations involving securities issued by the Company, requested by means of Official Letter n.º 894/2021-SLS, sent on June 18, 2021 by B3 S.A. - Brasil, Bolsa, Balcão ('B3') which is transcribed below.

____________________________________________________

Companhia Paranaense de Energia - COPEL

At. Mr. Adriano Rudek de Moura

Investor Relations Officer

Ref .: Request for clarification on atypical oscillation

Dear Sir,

In view of the latest fluctuations recorded with the securities issued by this company, the number of trades and the amount traded, as shown below, we ask to be informed, by 06/21/2021, if there is any fact known to you by V.S.a. that can justify them.

PN Shares
Prices (R$ per share)
Date Opening Minimum Maximum Average Last Oscill. % Neg. Num. Quantity Volume (R$)
06/18/2021* 7.00 7.00 9.66 8.79 9.66 99.81 5 500 4,399.00

* Updated until 5:00 pm.

** Note: the CPLE5 share had its last trade on 05/22/2020.

____________________________________________________

In response to the request, it is clarified that the fluctuation mentioned in the Official Letter involved the trading of 500 class 'A' preferred shares issued by the Company ('PNA') traded under the code CPLE5. Today, PNA shares correspond to 0.11% of the total shares issued by Copel. Since they represent a small fraction of the capital, the average volume of trades ('ADTV') involving PNA shares is quite low, so much so that in many sessions, there is not even PNA shares trading. Thus, sporadic trades involving PNA shares end up affecting the price in an atypical way.

The Company does not know the reason for carrying out the negotiations in question, as well as any material information not disclosed to the market that may have been used in the decision of investors to trade the PNA shares that are being questioned.

Curitiba, June 21, 2021.

Adriano Rudek de Moura

Chief Financial and Investor Relations Officer

For further information, please contact the Investor Relations team:

ri@copel.com or +55 41 3331-4011

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COPEL - Companhia Paranaense de Energia published this content on 22 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2021 10:04:01 UTC.