Eletrobrás - Centrais Elétricas Brasileiras SA

10/12/2023 | Press release | Distributed by Public on 10/12/2023 04:01

MARKET ANNOUNCEMENT CENTRAIS ELÉTRICAS BRASILEIRAS S/A - Form 6-K

MARKET ANNOUNCEMENT

CENTRAIS ELÉTRICAS BRASILEIRAS S/A

CNPJ: 00.001.180/0001-26 | NIRE: 3330034676-7

PUBLICLY-HELD COMPANY

Centrais Elétricas Brasileiras S/A ("Company or Eletrobras") (B3: ELET3, ELET5 & ELET6; NYSE: EBR & EBR.B; LATIBEX: XELT.O & XELT.B) informs its shareholders and the market in general, in relation to and in addition to the Market Announcements disclosed on the 1st, 4th and 6th of September 2023, related to its Voluntary Dismissal Plan (PDV 2023), which was handed down today by the Superior Labor Court decision to approve the agreement signed between the Company and union entities within the scope of Collective Bargaining No. 1000539-21.2023.5.00.0000, with the consequent revocation of the court decision that had suspended the dismissals of employees who adhered to PDV 2023 and whose approval had not yet been carried out by the Company until September 1, 2023.

With the revocation of the injunction previously granted, the Company will now approve those terminations that were suspended by court order.

Furthermore, under the terms of the approved agreement, among other points, the departure schedule for the remaining employees adhering to PDV 2023 was agreed, with an additional 150 this month of October, 150 in November, and 200 in December 2023. Employees who work in operation and maintenance activities or who work in Shared Services Centers (CSC), in turn, will be dismissed from January 1, 2024.

It was also agreed to reopen the PDV membership period, for another 30 days, limited to up to 101 more employees. As a result, the total number of people adhering to PDV 2023 may reach the termination limit of up to 1,574 employees, 20% of the Company's workforce on 04/30/2023, as provided for in the Collective Labor Agreement in force.

Rio de Janeiro, October 11, 2023

Eduardo Haiama

Vice-President of Finance and Investor Relations

This document may contain estimates and projections that are not statements of past events, but reflect beliefs and expectations of our administration and may constitute estimates and projections of future events in accordance with Section 27A of the Securities Act of 1933, as amended, And Section 21E of the Securities and Exchange Act 1934, as amended. The words "believe", "you will be able", "you can", "you will", "you will", "anticipates", "intends", "expects" and similar aims to identify estimates that necessarily involve risks and uncertainties, known or not. 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 Real value, changes in volumes and patterns of consumer use of electricity, 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 capital investment and financing plans, existing and future government regulations, And other risks described in our annual report and other documents registered to CVM and SEC. Estimates and projections refer only to the date on which they were expressed and we assume no obligation to update any of these estimates or projections due to the occurrence of new information or future events. The future results of the companies' 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.