Centrais Eletricas Brasileiras S A : ConferenceCall 1Q20

PRESENTATION OF

RESULTS 1Q20

Disclaimer

This presentation may includeestimates and forecaststhatare not statements of facts that happened in the pastthey rather reflectbeliefs and expectations of our managementand may stand asestimates and forecasts aboutfuture eventsaccording to Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended.

The words "believes," "may," "can,""estimates," "continues,""forecasts," "intends," "hopes," andsimilar are targeted at pointing out to

estimates that necessarily imply risks and uncertainties, whether known or not.

Risks and Uncertaintieswhich are known include, without limitation:economic,regulatory, politicaland commercial conditionsexisting in Brazil and abroad,changes in interest rates, inflation and value of Brazilian Reais, changes in volumes and standard for use of electric energyby consumers,competitive conditions,our level ofindebtedness,the likeliness that wereceivepayments

2

This presentation may contain estimates and projections. See disclaimer.

connected to our receivables, changes in our rainfall and water levelsin reservoirs used to operate our hydropower plants, ourplans concerning financing and capital investment,governmental regulationsin effect or subsequently established, as well as other risks described in our annual report and other documents registered with CVM and SEC.

The estimates and forecasts solely refer to the date on which they are stated,thus we do not undertake

any obligation to update any of these estimates or forecastsas a result of new information or future events. The future results of the operations and efforts of the Companies may be different from the current expectations andinvestors, then, should not relysolely on the information stated herein.

This material includescalculations that may not reflect accurate results owing to rounding-off performed.

Tribute to

Eletrobras expresses its solidarity with the victims of thepandemic and we honor our more than 12 thousand workersof the Eletrobras. We are committed to operating and maintaining generation and transmission services withexcellence, reliability and security, thus supporting society inovercoming the effects of the pandemic.

We also highlight our respect, admiration and thanks to healthworkers and others who provide essential services to the country.

Disclaimer: Due to the atypical scenario and potentially unpredictable characteristics, it is not possible to accurately predict the scenarios that may materialize in the coming months in the company's operations.

Coronavirus (Covid-19)victims

Eletrobras against theCoronavirus (Covid-19)

Agent to promote security measures against the Covid-19 pandemic

64%of employees inhomeoffice

Increased capacity for remote accessand use of thevideoconferencingtool.

Actions tosupport employees' healthto face the challenges imposed by the pandemic: psychological support, speeches, workshops, Leaders Meeting and webinars.

Anticipation of thevaccination campaign(common flu and H1N1).

Overt disclosureofcontagion prevention measures.

4,528Covid-19 tests madein its collaborators, privileging those in operational units.

System Operation Centers with backup, being able to have operation assumed by other centers in case of contamination

* Does not include Itaipu Binacional employees

Disclaimer: Due to the atypical scenario and potentially unpredictable characteristics, it is not possible to accurately predict the scenarios that may materialize in the coming months in the company's operations.