MANAGEMENT PROPOSAL

EXTRAORDINARY SHAREHOLDERS MEETING

To be held on August 4, 2021

1

CONTENTS

Page

1.

Call Notice

3

2. Separate election of member of the Board of Directors

4

3. Validation of separate election of two members and respective

6

alternate members of the Fiscal Council

2

1. Call Notice

The Shareholders of CTEEP - Companhia de Transmissão de Energia Elétrica Paulista ("ISA CTEEP"; "Company"), pursuant to article 13 of the Bylaws, are hereby invited to the Extraordinary Shareholders Meeting of the Company to be held on August 4, 2021, at 9:00 a.m., at the headquarters of the Company located at Avenida das Nações Unidas, nº 14.171, Torre Crystal, 7º andar, São Paulo/SP, Cep: 04794-000, to deliberate on the following Agenda: (i) to elect one (1) member of the Board of Directors in a separate election by preferred shareholders; and (ii) validate the election of one (1) member and the respective alternate member of the Fiscal Council in a separate election by non- controlling shareholders and one (1) member and the respective alternate member of the Fiscal Council in a separate election by preferred shareholders.

Preferred shareholders may be represented at the Shareholders Meeting by a proxy constituted pursuant to paragraph 1, article 126 of Federal Law 6,404/76, through a public or private proxy instrument with notarized signature, provided it is filed at the headquarters of the Company, together with other documents required by said law, at least two (2) business days prior to the date of the Shareholders Meeting.

The Company will adopt the absentee voting system during this Extraordinary Shareholders Meeting. The Absentee Ballot and instructions to complete and submit it were placed at the disposal of shareholders at the Company's headquarters and its website (http://www.isacteep.com.br/ir/cvm-filings/assembly-meetings) and sent to B3 and the Securities and Exchange Commission of Brazil (CVM), pursuant to applicable laws. No platform will be available for streaming or electronic voting in real time.

São Paulo, July 1, 2021.

Bernardo Vargas Gibsone

Chairman of the Board of Directors

3

2. Separate election of one (1) member of the Board of Directors

The Annual Shareholders Meeting held on March 25, 2021, in a separate election, approved the extension of term of office of Roberto Brigido do Nascimento, the director representing the preferred shareholders of the Company, until the conclusion of the process of nomination of the representative of Eletrobras - Centrais Elétricas Brasileiras S.A. by its governance structure. In view of the approval of the candidate Fernando Simões Cardozo, identified in the table, by the governance structure of the shareholder Eletrobras, the Company is convening this Extraordinary Shareholders Meeting to deliberate on the separate election by the preferred shareholders of Fernando Simões Cardozo as member of the Board of Directors, with term of office until the Annual Shareholders Meeting to be held in 2022, to replace the current director Roberto Brigido do Nascimento.

Other positions

Is he an independent

Individual

Position

Date of

Date of

or functions

Indicated by

member and, if so,

Consecutive terms

Name

Date of birth

Profession

Term of office

exercised in the

controlling

what was the criterion

of office

Taxpayer ID (CPF)

elected to

election

investiture

Company

shareholder

used by the issuer to

determine

independence

Fernando Simões

Member of the

August 4,

Until

AUG

Not applicable

No (Preferred

Yes

(Novo

March 2, 1969

Electrical Engineer

002.405.377-50

Board of

September 3,

Cardozo

2021

2022

shareholders)

Mercado Rules)

0

2021

Directors

4

Candidate for Director:

Fernando Simões Cardozo. Brazilian, born on March 2, 1969. Graduate in electrical engineering from the State University of Rio de Janeiro (UERJ), concluded a course on European Electrical Systems Operation at École Nacionale Supérieure D'Electrotechnique de Toulouse in France, MBA in Finance and a course in Management and Negotiation from INSEAD (Institut Européen D'Administration des Affaires). He worked in the Systems Operation Center at Furnas Centrais Elétricas (1993 to 1999), the Southeast Operations Center of the National Electricity System Operator (ONS) (1999 to 2000), the Électricité De France Toulouse, France (2000 to 2003) and currently serves as Superintendent of Transmission Expansion (since 2003).

The candidate indicated for the Board of Directors hereby declares, for the purposes of law, that:

  1. in the last five (5) years, he was not subject to the effects of any criminal conviction and/or any conviction or penalty in an administrative proceeding at CVM and any unappealable judicial or administrative ruling that suspended or prohibited him from carrying out any professional or business activity;
  2. there is no relationship of spouse, stable union or relationship up to second degree, for the purposes of item 12.9 of the "Reference Form" (CVM Instruction 480/2009); and
  3. there is no relation of subordination, provision of service or control, for the purposes of item 12.10 of the "Reference Form" (CVM Instruction 480/2009).

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CTEEP - Companhia de Transmissão de Energia Elétrica Paulista published this content on 01 July 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2021 14:52:10 UTC.