Eletrobras Approves Divestment of Eletronuclear Stake

Centrais Elétricas Brasileiras S.A. (Eletrobras) has approved the divestment of its entire ownership interest in Eletronuclear to J&F S.A. and/or its group companies. The transaction involves the sale of shares for R$ 535 million and the assumption or compensation by the buyer of obligations related to the ADI Debenture, amounting to R$ 2.4 billion. The Board of Directors delegated powers to the Vice-Presidency of Strategy and Business Development, supported by the Vice-Presidency of Legal Affairs, to negotiate and finalize the sale instruments. The resolution was approved unanimously by the Board, based on the proposal from the Executive Board and the favorable opinion of the Planning and Projects Committee.