MARKET ANNOUNCEMENT
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 informs its shareholders and the market in general that with a view to receiving an application from a minority shareholder regarding the substitution of an appointment for the vacancy of alternate member of the Company's Fiscal Council to be elected by minority shareholders holding preferred shares for purposes of deliberation at the 59th Ordinary General Meeting of the Company, to be held on April 29, 2019 ("59th OGM").
As a result of this, the Company hereby informs that it has resubmitted on this date the Distance Voting Ballot related to the 59th OGM ("Voting Ballot"), to change resolution 17 in order to: (i) exclude the candidate, Robert Juenenamnn , indicated for the vacancy of an alternate member of the Fiscal Council of the Company to be elected by minority shareholders holding preferred shares; and (ii) include the candidate, Giuliano Barbato Wolf, in substitution for the excluded candidate, to run for the same vacancy.
Due to the above-mentioned modification, Eletrobras clarifies that: (i) the votes already conferred on deliberation 17, which dealt with the election composed by the candidate that had its revoked nomination, Robert Juenenamnn, will be considered invalid; (ii) the votes already granted to the other resolutions and/or other candidates that were already included in the Voting Ballot prior to this amendment will be considered valid, unless the shareholder submits new voting instructions; (iii) shareholders who have already submitted voting instructions, and wish to resubmit it, may do so up to seven days before the date scheduled for the 59th Ordinary General Meeting, that is, until April 22, 2019, inclusive; and (iv) if the shareholder decides to restate his/her voting instruction, to avoid that his voting instruction can be considered as conflicting, it is recommended that he refer his new instruction to the same previously used service provider.
Eletrobras points out that the aforementioned candidates are still under review by the Company's Management, People and Eligibility Committee, responsible for verifying compliance with the eligibility requirements listed in the State Law, in the Decree that regulates it, in the Brazilian Corporation Law Eletrobras, and in the Policy of Indication of the Holding Company, Subsidiaries, Associates, Foundations and Associations of Eletrobras Companies, and, if the full compliance with such eligibility requirements is not verified, Eletrobras clarifies that the votes attributed to these candidates will be considered invalid, without modification of the Voting Bulletin. Eletrobras will inform its shareholders and the market about the result of this analysis, as soon as it is known about its content.
In view of the foregoing, the Company also informs that the duly updated Voting Bulletin is available for consultation on the website of the Brazilian Securities and Exchange Commission (www.cvm.gov.br) and at the Investor Relations website of Eletrobras (www.eletrobras.com/ri), as well as that the information regarding said candidates, as required by CVM Instruction 481, of December 17, 2009, as amended ("CVM Instruction 481") is also being made available in this date, by means of a Notice to Shareholders.
Rio de Janeiro, April 5, 2019
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.