Centrais Eletricas Brasileiras S A Eletrobrás : Relevant Fact - 04.29.21 - Preferential Right

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 that Eletrobras' Board of Directors approved, on this date, the Exercise of the preferential right and consequently the acquisition, by the Companhia de Geração e Transmissão de Energia Elétrica do Sul do Brasil ("CGT Eletrosul"), of 49% shareholding of Fronteira Oeste Transmissora de Energia SA - ("FOTE") and 49% of Transmissora Sul Litorânea de Energia SA (" TSLE "), both owned by Companhia Estadual de Geração e Transmissão de Energia ("CEEE-GT").

The deadline for the manifestation of CGT Eletrosul to CEEE-GT, as provided for in the shareholders' agreements of FOTE and TSLE, is May 11, 2021. For the aforementioned operations, CGT Eletrosul will pay CEEE-GT the minimum prices offered of R$ 83,101,000.00 (eighty-three million, one hundred and one thousand reais) for FOTE and R$ 217,551,500.00 (two hundred and seventeen million, five hundred and fifty-one thousand and five hundred reais) for TSLE.

CGT Eletrosul's intention with the consolidation of these assets is, in the future, to promote their incorporation, within the scope of the initiative to rationalize Eletrobras' shareholdings, under the terms of the Business and Management Master Plan ("PDNG 2021-2025") disclosed to the market by means of a Relevant Fact on December 23, 2020.

The Company will keep the market informed about the next steps of the operations mentioned in this Relevant Fact.

Rio de Janeiro, April 29, 2021

Elvira Cavalcanti Presta

CEO (Interim) and CFO and Investor Relations Officer

Internet:www.eletrobras.com/elb/ri	EBR & EBR.B
E-mail:[e-mail]
LISTED		ELET3 & ELET6
Address: Rua da Quitanda - 9th floor.
20090-070, Centro. Rio de Janeiro - RJ	NYSE
Phone Number: (21) 2514-6333 / 4627

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.