MARKET ANNOUNCEMENT

CENTRAIS ELÉTRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26 | NIRE: 3330034676-7

PUBLICLY-HELD 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 received from B3 - Brasil, Bolsa, Balcão, Official Letter 221/2023-SLS, transcribed below, requesting clarification regarding news published in the press.

Transcript of Official Letter B3 221/2023-SLS

"Centrais Elétricas Brasileiras S.A. - Eletrobras

At. Mrs. Elvira Baracuhy Cavalcanti Presta

Investor Relations Officer

Ref.: Request for clarification on news published in the press

Dear Sirs,

In news published by the newspaper Valor Econômico, on 02/02/2023, under the title "New PDV of Eletrobras", it is stated, among other information, that the Company can downsize its staff with a second voluntary dismissal plan (PDV), which would aim to cut about 20% of the costs of the company, which has 10,500 employees.

We request clarification on the highlighted item, until 9 am on 02/03/2023, with or without confirmation, as well as other information considered important."

In response to the said demand, Eletrobras clarifies that in the presentation of the earnings conference for the second quarter of 2022, held on August 15, 2022, which is duly filed, as a Market Announcement, the possibility of implementation of two Voluntary Dismissal Programs ("PDVs"): in the first year for retirees and retirees, with a termination period of up to April 2023, and in the second year for up to 20% of the workforce in April 2023 (page 9 of the presentation ). Additionally, at the conference for the third quarter, held on November 10, 2022, we informed about the launch and progress of the first PDV (pages 4, 8, 9 and 30 of the presentation). We point out that the aforementioned presentations were duly filed at B3 and CVM through the EmpresasNet system.

In addition, the Company disclosed a Market Announcement on October 28, 2022, informing the launch, on November 1, 2022, of the first PDV.

Thus, considering the disclosures made in 2022, the Company considers that the market was duly informed about this initiative mentioned by the press, and there is no new information in the report that has not yet been disclosed through the appropriate channels of the Company.

The Company clarifies that the percentage of 20% refers to the number of employees, as previously disclosed, and not to representative costs in currency.

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 03 February 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 February 2023 11:07:09 UTC.