MARKET ANNOUNCEMENT

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 was aware, on today's date, of 3 (three) injunctions in progress within the scope of filed lawsuits, relating to the 2022 Voluntary Dismissal Plan ("PDV"), which covers three bases of the subsidiary Furnas Centrais Elétricas S.A ("Furnas"): Rio de Janeiro, Angra dos Reis and São Paulo.

With regard to these injunctions, the appropriate legal measures are being adopted by Furnas, with the monitoring of Eletrobras.

For the others Eletrobras companies and for the others Furnas basis, the PDV is maintained in its entirety as disclosed through Market Announcement of October 28, 2022.

Regarding the questions that led to the injunctions, which supposedly seek better conditions than previous termination plans, the Company clarifies that the text signed in the Collective Labor Agreement (ACT) 2022/2024 deals with superior conditions of the current plan compared to the previous one, considering the set of benefits offered. The injunctions in question cover 345 adhesions, which represents 14% of the total adhesions in the Eletrobras companies.

The Company and Furnas are making their best efforts to reverse, in court, the injunctions referred to above. The Company will keep the market informed on the matter dealt with in this Announcement.

Rio de Janeiro, November 25, 2022

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 28 November 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 28 November 2022 11:04:08 UTC.