Material Fact - Cancellation of Treasury Shares

AES BRASIL ENERGIA S.A.

Publicly Held Company

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

Company Registry (NIRE) 35.300.552.644

MATERIAL FACT

AES Brasil Energia S.A. ("AES Brasil" or "Company") (B3: AESB3), in compliance with the terms of article 157, paragraph 4 of Law 6,404, and Resolution no. 44 as of August 23rd, 2021, and other applicable dispositions, informs to the shareholders and to the market that its Board of Directors, in a meeting held on this date, approved the cancellation of 25 (twenty five) common shares corresponding to the totality of shares held in treasury, issued by the Company, without changing the amount of share capital.

Therefore, the Company's share capital is now represented by 492,106,495 ordinary common shares, all nominative, book-entry and without par value.

According to the approved cancellation of shares, the caput of article 5 of the Company's Bylaws was amended, ad referendum of the next General Shareholders' Meeting of the Company, and will be effective with the following wording, also considering the increase in the Company's share capital, within the authorized capital limit, approved under the terms of the Board of Directors' meeting held on September 28th, 2021:

"Section 5. The fully subscribed and paid-up share capital is BRL 2,116,000,500.00 (two billion, one hundred and sixteen million and five hundred reais), represented by 492,106,495 (four hundred and ninety- two million, one hundred and six thousand and four hundred and five) common, book-entry shares with no par value."

São Paulo, November 3rd, 2021

AES BRASIL ENERGIA S.A.

Alessandro Gregori

Chief Financial and Investor Relations Officer