Centrais Eletricas Brasileiras S A : ANNOUNCEMENT OF TRANSACTION WITH RELATED PARTY CENTRAIS ELÉTRICAS BRASILEIRAS S/A - Form 6-K

ANNOUNCEMENT OF TRANSACTION WITH RELATED PARTY

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 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	Company: Centrais Elétricas Brasileiras S.A ("Eletrobras"); Related Party: Companhia Hidro Elétrica do São Francisco ("Chesf")
Issuer Relationships	Eletrobras is the parent company of Chesf and holds 99.58% of its capital stock.
Date of the transaction	06/21/2022 (Signature of the contract took place on August 08, 2022)
Object of the Agreement	Signing of a contract referring to the Advance on Account of Future Capital Increase - AFAC, in the total amount of BRL 11.766.222.190,36 (eleven billion, seven hundred and sixty and six million, two hundred and twenty-two thousand and one hundred and ninety reais and thirty-six cents), which was allocated to Chesf for payment of the grant bonus as determined in CNPE Resolution No. 15, of August 31, 2021.
Main Terms and Conditions	Conditions: - AFAC in the amount of BRL 11.766.222.190,36, of which BRL 10.607.117.625,87 for payment of the grant and BRL 1.159.104.564,49 related to the credit of the Fuel Consumption Account - CCC used for rebate; - The total or partial value of the AFAC may be converted into debt, at any time, at Eletrobras' discretion, under conditions to be agreed upon by the parties at the appropriate time; - If the AFAC is not converted into a capital increase within a period of up to one year from June 21, 2022, it will be converted into debt with adjustment by SELIC.
Detailed reasons why the Company's Management considers that the transaction observed commutative conditions or provides for adequate compensatory payment	The concession of AFAC by Eletrobras to Chesf provided the necessary resources for Chesf to fulfill the obligations arising from the execution of the new concession contracts for the generation of electricity. The funds were received on June 14, 2022, and Chesf paid the grant bonus on June 20, 2022.

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.

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 decision within the scope of the Companies was established at from technical and financial evaluations that subsidized the present transaction, and this decision-making process proceeded independently and in the appropriate governance bodies of each Company.

Rio de Janeiro, August 17, 2022

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.