CESP - COMPANHIA ENERGÉTICA DE SÃO PAULO

Publicly Listed Company

Taxpayer Identification Number CNPJ: 60.933.603/0001-78

NIRE: 35300011996 | CVM (Brazilian Securities & Exchange Commission) 2577

NOTICE TO SHAREHOLDERS

Change in deadline for submitting information on Non-Resident Shareholders within

the scope of the Merger of Shares of the Company

CESP - COMPANHIA ENERGÉTICA DE SÃO PAULO ("Company"), in continuity to the Notice to Shareholders disclosed by the Company on February 15th, 2022, regarding the approval of the merger of shares issued by the Company into VTRM Energia Participações S.A. ("VTRM" e "Merger of Shares", respectively), hereby informs its shareholders and the market in general that the end of the period for submission of

information and documents for purposes of withholding income tax by VTRM by

CESP's non-residentshareholders("Foreign Shareholders") who fail to exercise their right to withdrawal from the Company within the scope of the Merger of Shares, originally set for March 18th, 2022, was extended to March 28th, 2022, so that the negotiations carried out on March 25th, 2022, inclusive, are considered.

It should be noted that the deadline for exercising the right of withdrawalby CESP's dissenting shareholders from the resolution on the Merger of Shares remains unchanged, until March 18th, 2022, according to the procedures and information contained in the Notice to Shareholders disclosed on February 15th, 2022.

In light of the tax liability attributed to VTRM for the withholding and payment of possible income tax, of which amount will be withheld against the amount to be paid as redemption of compulsorily redeemable preferred shares to be issued by VTRM upon implementation of the Merger of Shares, Foreign Shareholders fail to exercise their right to withdraw within the scope of the Merger of Shares, or their respective legal representatives, must send information about the average acquisition cost of shares issued by the Company held by them, in the format shown below, to , as set forth below the Investor Relations Department at ricesp@cesp.com.br.

For reference, the Company requests Foreign Shareholders to send the information in the following format (accompanied by the respective supporting documentation, as the case may be):

Name

CPF/CNPJ

Tax

Compliance

Number of

Average

Total cost

Residence

with CMN

shares

cost of

of

Resolution

issued by

acquisition

acquisition

4,373/14

the

(R$)

(Number x

Company

average

cost of

acquisition)

[

] Yes

[

] No

Note that if the Foreign Shareholder fail to inform by 12:00 p.m. on March 28th, 2022 their respective average acquisition cost, or, at the discretion of the Company, fail to send the necessary documentary evidence for the information submitted, the acquisition cost of the Foreign Shareholder in question will be considered "zero" (R$ 0,00), and the value per CESP share attributed by the Independent Special Committee within the scope of the Merger of Shares will entirely be considered capital gain, pursuant to applicable laws.

In any case, any claim received by VTRM for insufficient Income Tax payment, including as a result of the information sent, will be the sole responsibility of the Foreign Shareholder and their legal representative in Brazil.

Further information may be obtained from the Investor Relations Department of CESP by sending an e-mail to ricesp@cesp.com.bror through the Company's IR website (https://ri.cesp.com.br/reorganizacao/).

São Paulo, March 11th, 2022.

Mario Bertoncini

Chief Executive and Investor Relations Officer

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CESP – Companhia Energética de São Paulo published this content on 11 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 March 2022 22:03:47 UTC.