CTEEP Companhia de Transmissão de Energia Eletrica Paulista S A : 07/30/2021 Proposal of the Extraordinary Shareholders Meeting of 8/31/2021

MANAGEMENT PROPOSAL

EXTRAORDINARY SHAREHOLDERS MEETING

To be held on August 31, 2021

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CONTENTS	Page
1.	Call Notice		3
2. Management Proposal		5
3. APPENDIX I - Protocol and Justification of the Merger of SF Energia		8
4.	APPENDIX II - Information indicated in Appendix 21 of CVM instruction 481/09	11
regarding the firm valuing SF Energia
5.	APPENDIX III - Work and compensation proposal from valuation firm recommended	12
for the Merger of SF Energia
6.	APPENDIX IV - Valuation Report of SF Energia		15
7. APPENDIX V - Information indicated in Appendix 20-A of CVM Instruction 481/09	22
regarding the Merger of SF Energia
8.	APPENDIX VI - Protocol and Justification of the Merger of PBTE		27
9. APPENDIX VII - Information indicated in Appendix 21 of CVM Instruction 481/09	30
regarding the firm valuing PBTE
10. APPENDIX VIII - Work proposal from valuation firm recommended for the Merger	31
of PBTE
11. APPENDIX IX - Valuation Report of PBTE		34
12. APPENDIX X - Information indicated in Appendix 20-A of CVM Instruction 481/09	42
regarding the Merger of PBTE

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1. CALL NOTICE

CTEEP - COMPANHIA DE TRANSMISSÃO DE ENERGIA ELÉTRICA PAULISTA

PUBLICLY-HELD COMPANY

Corporate Taxpayer ID (CNPJ) 02.998.611/0001- 04

Company Registry (NIRE): 35300170571

EXTRAORDINARY SHAREHOLDERS MEETING

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 31, 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:

1. to deliberate on the terms and conditions of the Protocol and Justification of Merger
   ("Protocol of SF Energia"), which establishes the terms and conditions of the merger ("Merger of SF Energia") by the Company of its wholly-owned subsidiary SF Energia Participações S.A., a corporation headquartered at Avenida das Nações Unidas, no 14.171, Torre Crystal, 6o andar, cj. 603, sala 2, Vila Gertrudes, CEP 04794-000, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 31.862.288/0001-37 ("SF Energia");
2. to deliberate on ratifying the nomination of TATICCA Auditores Independentes S.S., headquartered at Rua Geraldo Campos Moreira, 375, 5º andar, CEP 04571-020, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 20.840.718/0001-01 and in the regional accounting council (CRC/SP) under no. 2SP- 03.22.67/O-1, ("Taticca"), as the firm tasked with preparing the valuation report ascertaining the book value of the shareholders' equity of SF Energia that will be transferred to the Company by virtue of the Merger of SF Energia ("Valuation Report of SF Energia");
3. to deliberate on the Valuation Report of SF Energia;
4. to deliberate on the Merger of SF Energia;
5. conditioned on the approval of the Merger of SF Energia, to deliberate on the terms and conditions of the Protocol and Justification of Merger ("Protocol of PBTE"), which establishes the terms and conditions of the merger ("Merger of PBTE") by the Company of its wholly-owned subsidiary (after the Merger of SF Energia) Piratininga-Bandeirantes Transmissora de Energia S.A., a corporation headquartered at Avenida das Nações Unidas, no 14.171, Torre Crystal, 6o andar, cj. 602, sala 2, Vila Gertrudes, CEP 04794-000, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 25.298.138/0001-40 ("PBTE");
6. to deliberate on ratifying the nomination of TATICCA Auditores Independentes S.S., headquartered at Rua Geraldo Campos Moreira, 375, 5º andar, CEP 04571-020, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 20.840.718/0001-01 and in the regional accounting council (CRC/SP) under no. 2SP- 03.22.67/O-1, ("Taticca"), as the firm tasked with preparing the valuation report ascertaining the book value of the shareholders' equity of PBTE that will be transferred to the Company by virtue of the Merger of PBTE ("Valuation Report of PBTE");

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1. to deliberate on the Valuation Report of PBTE; and
2. to deliberate on the Merger of PBTE.

Shareholders may be represented at the Shareholders Meeting by a proxy appointed under article 126, paragraph 1 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 (www.isacteep.com.br/ri - 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 30, 2021.

Bernardo Vargas Gibsone

Chairman of the Board of Directors

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2. MANAGEMENT PROPOSAL

Dear Shareholders,

We hereby submit the proposal of the management of CTEEP - Companhia de Transmissão de Energia Elétrica Paulista ("Company") on the matter to be discussed and voted on at the Extraordinary Shareholders Meeting to be held, on first call, on August 31, 2021 at 9:00 a.m.

The Extraordinary Shareholders Meeting will deliberate on the following:

1. the terms and conditions of the Protocol and Justification of Merger ("Protocol of SF Energia"), which establishes the terms and conditions of the merger ("Merger of SF Energia") by the Company of its wholly-owned subsidiary SF Energia Participações S.A., a corporation headquartered at Avenida das Nações Unidas, no 14.171, Torre Crystal, 6o andar, cj. 603, sala 2, Vila Gertrudes, CEP 04794-000, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 31.862.288/0001-
   37 ("SF Energia");

Management Proposal

The Company's Management proposes that shareholders carefully examine the Protocol of SF Energia, included in Appendix I to this Management Proposal, and then approve it without reservations.

1. to deliberate on ratifying the nomination of TATICCA Auditores Independentes S.S., headquartered at Rua Geraldo Campos Moreira, 375, 5º andar, CEP 04571-020, in the city and state of São Paulo, and inscribed in the corporate taxpayers register (CNPJ/ME) under no. 20.840.718/0001-01 and in the regional accounting council (CRC/SP) under no. 2SP- 03.22.67/O-1, ("Taticca"), as the firm tasked with preparing the valuation report ascertaining the book value of the shareholders' equity of SF Energia that will be transferred to the Company by virtue of the Merger of SF Energia ("Valuation Report of SF Energia").

Management Proposal

The information requested in Appendix 21 of CVM Instruction 481/09 concerning the valuation firm is provided in Appendix II to this Management Proposal and a copy of its work proposal is provided in Appendix III. The Management proposes that shareholders ratify the engagement of Taticca to prepare the Valuation Report of SF Energia.

1. to deliberate on the Valuation Report of SF Energia. Management Proposal

The Company's Management proposes that shareholders carefully examine the Valuation Report of SF Energia (Appendix IV) and then approve it without reservations.

1. to deliberate on the Merger of SF Energia. Management Proposal

On this date, the Company holds one hundred percent (100%) of the shares in the capital stock of SF Energia, such that the revenues, assets and liabilities of SF Energia are fully reflected in the consolidated financial statements of the Company using the consolidation method. Hence, (i) the Merger of SF Energia will not result in any increase or reduction in

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