Centrais Eletricas Brasileiras S A Eletrobrás : Video conference 3Q21

Results

Presentation

3Q21

Disclaimer

This statement may contain estimates and forecasts which are not statements of facts happened in the past,

but they reflect beliefs and expectations of our management and may stand as estimates and forecasts on future events according to Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended.

Words "believes", "might", "may", "estimates", "continues", "foresees", "intends", "hopes" and similar

ones are targeted at spotting estimates that necessarily imply risks and uncertainties, regardless of current awareness on them.

Known risks and uncertainties

include, without limitation:

economic, regulatory, political and commercial conditions at large in Brazil

and abroad, changes in

interest rates, inflation and value of Brazilian Reais, changes in volumes and standard for use of electric energy by consumers, competitive conditions, our level of indebtedness, the

possibility of receiving payments connected to our receivables, changes in our rainfall and water levels in

the reservoirs used to operate our hydropower plants, our plans concerning financing and capital investment, governmental regulations existing and future, as well as other risks described in our annual report and other documents registered before the CVM and SEC.

Estimates and forecasts refer only to the date on which they were expressed and we undertake no obligation to

update any of these estimates or forecasts as a result of new information or

future events. The future results of operations and efforts of Companies may be different from the current expectations, and investors should not rely solely on the information contained

hereunder.

This material contains

calculations that may not reflect accurate results due to the rounding of numbers.

As a result of the guidelines of Official Letter CVM/SNC/SEP 04/2020, issued on 12/01/20, Eletrobras made adjustments to its transmission assets - RBSE, until then classified as financial assets for contract assets under the terms of CPC 47- Costumer Contract Revenue. Throughout the 2021 quarterly disclosures, comparisons with the 2020 quarters will be properly restated.

2	This presentation may include estimates and forecasts. See disclaimer.

Financial and Operating

Highlights

Sectoral and economic context

Daily Energy charge in Brazil 2021 x 2020

MWavg

1/1

16/1

31/1

15/2

1/3

16/3

31/3

15/4

30/4

15/5

30/5

14/6

29/6

14/7

29/7

13/8

28/8

12/9

27/9

2020 2021

9.5%

in 3Q21

GSF (%)											PLD (Differences Settlement Price) (R$ / MWh)
					2020	2021					SE	SOUTH	NE	NORTH
		123,7%	118,9%												584	584
	105,1%			111,2%											577
												503
86,4%		111,5%	104,0%												336
				95,6%	76,5%						80,5%	327
	87,1%					68,9%	62,8%	66,2%	63,9%	63,0%
67,3%					70,1%
						53,8%	48,3%	51,5%							56
Jan	Feb	Mar	Apr	May	Jun	Jul	Aug	Sep	Oct	Nov	Dec

4 This presentation may contain estimates and projections. See disclaimer.

Generation Performance in 2021

Installed capacityPhysical guarantee (MWavg) Generated energy (GWh)

50,512 MW

Cerca de	27%			20%
28% of Brazil	27,499		Quota	134,213		Quota
	Non-quota
			Non-quota
	73%			80%

It considers corporate enterprises, SPEs and half of Itaipu

Around

30% of Brazil

Energetic Balance 2020-2021

		0,2%
33,3%	31,7%				Uncontracted energy
12,6%	12,8%				ACL + MCP Realized
			ACR
9,4%	9,6%
						Nuclear
44,6%	45,7%				Quotas

20202021

Base: September/2021

It considers the resources available for the energy sale net of hedge to protect against hydrological risk

Generation Revenue (R$ billion)

					5,27			1,23		6,50
													0,36
								0,49		0,23
						0,25			2,30								Others
135,32			1,85		0,45				195,99					CCEE
R$/MWh												R$/MWh
														ACL
206,22
		1,54		0,17		1,71			275,34					ACR
R$/MWh												R$/MWh			Nuclear
					0,72		0,11		0,82
														GF Quotas
					1,05		0,04		1,08
					(0,13)
										3T21
						3T20

The average ACR price does not consider Amazonas GT, due to its particularities (PIEs and availability contract) Others: Import, Construction Revenue, Financial Effect of Itaipu and Elimination (accounting adjustments - internal sales) internas)

5 This presentation may contain estimates and projections. See disclaimer.