ANNOUNCEMENT OF TRANSACTION WITH RELATED PARTY

CENTRAIS ELÉTRICAS BRASILEIRAS S/A CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9 OPEN COMPANY

Centrais Elétricas Brasileiras S/A ('Company' or 'Eletrobras') (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) hereby in compliance with Annex 30-XXXIII of CVM Instruction No. 552, dated October 9, 2014, informs its shareholders and the market in general of the following related party transaction:

Related Party Names Furnas Centrais Elétricas S.A. ('Furnas') and Banco da Amazônia S.A. ('BASA').
Issuer Relationships Furnas is a subsidiary of Eletrobras, controlled by the Federal Government; BASA is controlled by the Federal Government. The contract was signed on 8/17/2021 by BASA and Furnas, with no guarantees from Eletrobras.
Date of the transaction 08/17/2021
Object of the Agreement Contracting of credit operation through the issuance of a Bank Credit Bill.
Main Terms and Conditions Bank Credit Bill in the amount of BRL 200 million, interest rate 122.84% of the CDI p.a., with a total term of 5 years and a grace period of 36 months for payment of the principal. Principal repayments are semiannual and interest payments are monthly.
Detailed justification of the reasons why the Company's Management considers that the transaction observed commutative conditions or provides for adequate compensatory payment In view of the competitive process carried out by Furnas with the main financial institutions, it is observed that the contract was carried out under market conditions.
Eventual participation of the counterparty, its partners or administrators in the decision process of the issuer's subsidiary regarding the transaction or the negotiation of the transaction as representatives of the Company, describing these interests. The Board of Directors of Eletrobras, on 07/16/2021, manifested itself in favor of the contracting of the long-term credit operation by Furnas with BASA, without the provision of guarantees by Eletrobras.

Rio de Janeiro, August 26, 2021.

Elvira Cavalcanti Presta

CFO and Investor Relations Officer

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 26 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 27 August 2021 07:00:07 UTC.