AES BRASIL ENERGIA S.A.

Publicly Held Company

Corporate Tax ID (CNPJ/MF) 37.663.076/0001-07

Company Registration (NIRE) 35.300.552.644

MATERIAL FACT

AES Brasil Energia S.A. ("AES Brasil") (B3: AESB3), , in compliance with Article 157, Paragraph 4 of Federal Law 6,404, of December 15, 1976, as amended, and Rule 44 issued on August 23, 2021 by the Securities and Exchange Commission of Brazil (CVM), as amended, informs its shareholders and the market that on this date it entered into, through a subsidiary, with a wholly-owned subsidiary of Unipar Carbocloro S.A. ("Unipar"), an Investment Agreement ("Agreement") for the constitution of a joint venture with shared control for the purpose of wind power generation ("JV" and "Project").

AES Brasil and Unipar repeat a successful partnership in a new self-production project that has 91 MW of installed wind capacity, equivalent to 46 MW average of assured energy at P50, of which 40 MW average will be sold through a contract to 20-year term ("PPA") to be signed between the JV and Unipar on the closing date of the transaction and effective in 2024.

The Project will be developed at the Cajuína Wind Complex ("Complex"), in the State of Rio Grande do Norte, after the fulfillment of the precedent conditions for the closing of the operation provided for in the Agreement, with construction beginning scheduled for the second quarter of 2022. Estimated CAPEX for the development of the wind farm is approximately R$ 5.6 million/installed MW.

AES Brasil reinforces its portfolio growth and diversification strategy through the development of projects from renewable sources and complementary to hydro sources, with long-term contracts and solid returns, aimed at creating value for its shareholders.

The Company will keep the market and its shareholders timely and duly informed about the subsequent facts.

São Paulo, December 22nd, 2021.

AES BRASIL ENERGIA S.A.

Alessandro Gregori

Chief Financial and Investor Relations Officer

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AES Tietê Energia SA published this content on 22 December 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 December 2021 10:52:09 UTC.