Nomination of Candidates to the Fiscal Council

Centrais Elétricas Brasileiras S.A. - Eletrobras (Eletrobras) has announced the nomination of candidates for its Fiscal Council. The candidates have been reviewed and approved for compliance with eligibility requirements. However, a nominated candidate, Mr. José Reinaldo Magalhães, currently holds positions in competing companies, CEMIG and TAESA. His eligibility is contingent upon shareholders granting a waiver for potential conflicts of interest, as he would need to abstain from discussions and decisions related to the electric power transmission segment while serving on Eletrobras's Fiscal Council. The nominators cited his extensive experience, reputation, and technical expertise as reasons for his nomination, deeming potential conflicts manageable.