Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
Form 20-F ___X___ Form 40-F _______
Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes _______ No___X____
MARKET ANNOUNCEMENT |
CENTRAIS ELETRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26
PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A (“Company” or “Eletrobras”) hereby informs its shareholders and the market in general that, its Board of Directors approved the Annual Letter of Public Policies and Corporate Governance 2017 in compliance with article 8, subsections I, III and VIII and paragraph 1 of Law 13,303 of June 30, 2016 and article 13, subsections I, III and VIII and paragraphs 1 and 2 of Decree No. 8.945/ 16, in order to meet the required transparency requirements legislation.
In addition, the Company, as forseen in its Business and Management Plan - PDNG 2018-2022 published on December 17, 2017, aims to obtain the stamp of the Programa Destaque em Governança de Estatais from B3 - Bolsa, Bolsa, Balcão (Corporate Governance Program for State owned Companies from B3), which forsee the disclosure of the mentioned Letter to comply with Articles 16 and 18 of the mentioned Program.
This Letter is intended for investors and the public in general and summarizes the main information contained in the Reference Form 2017, filed at CVM – Comissão de Valores Mobiliários, as commitments to the achievement of public policy objectives, activities developed, controls, economic-financial data, risk factors, corporate governance practices and description of the composition and compensation of the Company's management.
This measure reaffirms Eletrobras' commitment to continuous improvement of its governance, as well as its alignment with best practices in the market.
For more details, the Annual Letter of Public Policies and Corporate Governance 2017 is available on the Company's Investor Relations website: http://eletrobras.com/en/ri
Rio de Janeiro, December 29, 2017.
Armando Casado de Araujo
CFO and Investor Relations Officer
CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | ||
By: |
/S/ Armando Casado de Araujo
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Armando Casado de Araujo
Chief Financial and Investor Relation Officer |
This press release may contain forward-looking statements. These statements are statements that are not historical facts, and are based on management's current view and estimates offuture economic circumstances, industry conditions, company performance and financial results. The words "anticipates", "believes", "estimates", "expects", "plans" and similar expressions, as they relate to the company, are intended to identify forward-looking statements. Statements regarding the declaration or payment of dividends, the implementation of principal operating and financing strategies and capital expenditure plans, the direction of future operations and the factors or trends affecting financial condition, liquidity or results of operations are examples of forward-looking statements. Such statements reflect the current views of management and are subject to a number of risks and uncertainties. There is no guarantee that the expected events, trends or results will actually occur. The statements are based on many assumptions and factors, including general economic and market conditions, industry conditions, and operating factors. Any changes in such assumptions or factors could cause actual results to differ materially from current expectations.