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, in compliance with Official Letter No. 7/2020-CVM/SEP and CVM Instruction 358, the participation of the Company's executive in the following online event:

Live with Mrs. Camila Gualda Sampaio Araújo - Eletrobras Governance, Risk and Compliance

Officer

Event: XX Seminar on Ethics in Management - Public Ethics and Governance

Theme: "Public Ethics Management in the Context of Governance in State-Owned Companies"

Subject to be discussed: Ethics in Public Administration - The importance of ethical management for the provision of quality public services

Date of realization: 11/26/2020

Time: 02:00 pm (Brasília time)

Event link:http://etica.planalto.gov.br/noticias/inscricoes-abertas-para-o-xxi-seminario-etica-na-gestao-2013-etica-publica-e-governanca/view

Rio de Janeiro, November 24, 2020

Elvira Cavalcanti Presta

CFO and Investor Relations Officer

Internet:www.eletrobras.com/elb/ri

E-mail:ombudsman-ri@eletrobras.com

Address: Rua da Quitanda - 9th floor. 20090-070,Centro. Rio de Janeiro - RJ Phone Number: (21) 2514-6333 /4627

EBR & EBR.B

LISTED

ELET3 &

NYSE

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 24 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 November 2020 22:38:09 UTC