CENTRAIS ELÉTRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9

PUBLIC COMPANY

Centrais Elétricas Brasileiras S/A ('Company' or 'Eletrobras') (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) hereby informs its shareholders and the market in general that the Board of Directors of its subsidiary Companhia de Geração e Transmissão de Energia Elétrica do Sul do Brasil - ('CGT Eletrosul'), authorized the beginning of the Competitive Disposal Procedure No. 01/2021 ('Procedure') aiming at the disposal of its equity interest in the Special Purpose Company - SPE called Livramento Holding S.A.

The sale of all CGT Eletrosul shares, corresponding to 78% of the equity interest in Livramento Holding S.A., will be offered, with the possibility of joint sale (Tag Along) of the equity interest held by the minority shareholder.

This Competitive Disposal Procedure No. 01/2021 will be carried out under the Special Regime of Divestment of Mixed Economy Companies that deals with Decree 9188/2017, whose Article 7 §2 establishes that the economic and financial valuations of the assets offered will be confidential, except when its publicity is required by the corporate law in force.

This operation is within the scope of the Eletrobras shareholding rationalization initiative, pursuant to the Business and Management Master Plan ('PDNG 2021-2025') disclosed to the market through a Relevant Fact on December 23, 2020.

Additionally, Eletrobras informs that the enrollment of proponents interested in participating in the Procedure is scheduled to take place from August 11, 2021 to October 29, 2021.

More information will be available in the disclosure of the Competitive Disposal Procedure nº 01/2021, on the CGT Eletrosul website at www.cgteletrosul.gov.br.

The Company will keep the market informed about the matter subject of this Relevant Fact.

Rio de Janeiro, August 09, 2021

Elvira Cavalcanti Presta

CFO and Investor Relations Officer

This document may contain estimates and forecasts that are not statements of fact that occurred in the past but reflect our management beliefs and expectations and may constitute future events' forecasts and estimates under 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 'believe', 'may', 'estimate', 'continue', 'anticipate', 'intend', 'expect' and related words are intended to identify estimates that necessarily involve risks and uncertainties, known or unknown . Known risks and uncertainties include, but are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, changes in interest rates, inflation and value of the Real, changes in volumes and the pattern of use of electricity by consumer, competitive conditions, our level of indebtedness, the possibility of receiving payments related to our receivables, changes in rainfall and water levels in the reservoirs used to operate our hydroelectric plants, our financing and capital investment plans, existing and future government regulations , and other risks described in our annual report and other documents filed with CVM and SEC. Estimates and forecasts refer only to the date they were expressed and we assume no obligation to update any of these estimates or forecasts due to the occurrence of new information or future events. Future results of the Company's operations and initiatives may differ from current expectations and the investor should not rely solely on the information contained herein. This material contains calculations that may not reflect accurate results due to rounding.

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Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 10 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 August 2021 10:11:37 UTC.