Equatorial Energia S.A. (BOVESPA:EQTL3) announces a share repurchase program. Under the program, the company will repurchase up to 50,110,056 common shares, representing 5% of its issued share capital. The purpose of the program is to acquire shares issued by the company outstanding in the market for maintenance in treasury and subsequent sale or cancellation without reduction of share capital, maximizing the generation of value for its shareholders. The repurchases will be carried out from through the application of excess funds. The program will be valid for a period of up to 18 months till June 7, 2022. As of October 31, 2020, the company had 1,002,201,124 shares outstanding and no shares were held in treasury.