RELEVANT FACT

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, in compliance with the provisions of the Comissão de Valores Mobiliários ('CVM') Instruction No. 358, of January 3, 2002, as amended, that, on June 28, 2021, the Extraordinary General Meetings of Subsidiaries of the Centrais Elétricas do Norte do Brasil S/A ('Eletronorte') and Amazonas Geração e Transmissão SA ('Amazonas GT'), with the merger of Amazonas GT into Eletronorte having been approved.

The subsidiaries' shareholders approved the Protocol of Incorporation, the Instrument of Justification of Incorporation of Amazonas GT by Eletronorte and the Appraisal Report of the Accounting Net Equity of Amazonas GT, to be transferred to Eletronorte, issued by a specialized external company.

The effects of the merger will take place as of July 1, 2021.

The merger is provided for as a strategic initiative of the 2021-2025 Business and Management Master Plan ('PDNG 2021-2025') within the scope of the rationalization of equity interests.

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

Rio de Janeiro, June 29, 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 29 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 29 June 2021 21:23:36 UTC.