CENTRAIS ELÉTRICAS BRASILEIRAS S/A CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9 PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A ('Company' or 'Eletrobras') (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) hereby informs its shareholders and the market in general, in addition to the Relevant Fact disclosed on January 24, 2021, that the 8th Civil Chamber of the Court of Justice of the State of Rio de Janeiro ('TJRJ') initiated the judgment of Interlocutory Appeal No. 0011330-57.2021.8.19.0000 today, August 3, 2021. After the Rapporteur's vote to grant Eletrobras' appeal, the second and third member judges asked to be seen. Now awaiting the return of the case by the magistrates for later resumption of the trial.
It is, in its origin, a collection action related to a compulsory loan on electricity ('ECE') that is currently in compliance with the judgment. The main controversy revolves around the difference between the amounts indicated by the first instance court expert and those that are considered by the Company as effectively applicable. The divergence, according to Eletrobras, is related to a series of methodological flaws and assumptions - technical and legal - contained in the expert report.
The Company will keep the market informed about the judgment in question.
Rio de Janeiro, August 03, 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.
Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 04 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 August 2021 10:25:23 UTC.