EBR Brazilian Electric Power

Filed: 16 May 21, 8:00pm


Washington, D.C. 20549





Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the

Securities Exchange Act of 1934


For the month of May, 2021


Commission File Number 1-34129




(Exact name of registrant as specified in its charter)


(Translation of Registrant's name into English)

Rua da Quitanda, 196 – 24th floor,
Centro, CEP 20091-005,
Rio de Janeiro, RJ, Brazil

(Address of principal executive office)

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____






CNPJ: 00.001.180/0001-26 | NIRE: 533.0000085-9




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, in compliance with item XXX of article 30 of CVM Instruction 480/09, as amended, that on this date, the Eletrobras Board of Directors approved the election of Jerônimo Antunes as member and coordinator of the Statutory Audit and Risk Committee (“CAE”).


Mr. Jerônimo Antunes has a Master's and Doctorate in Accounting Sciences in the area of Controllership and Accounting Concentration from the University of São Paulo (1998 and 2005, respectively) and a degree in Business Administration (1981) and Accounting Sciences from the Faculty of Accounting Sciences São Judas Tadeu (1987). Mr. Jeronimo Antunes was Independent Board Member and Chairman of the Audit Committees and member of the Nomination, Compensation and Succession Committee of Petrobras, BR Distribuidora and companies of the Petrobras Conglomerate, in addition to having served as Independent Board Member and President of the Audit Committee of SABESP, Board Member of Paranapanema, Board Member and Director of the Brazilian Institute of Independent Auditors - IBRACON. He is currently a doctoral professor at the University of São Paulo, an Independent Board Member and Chairman of the Audit Committees of Metrô SP, Desenvolve SP and Cia. Müller de Bebidas, member of the Audit Committees of BRF, IRB-Brasil Resseguros and Paranapanema and member of the Fipecafi Board of Trustees. He has experience in the field of Administration, with an emphasis on Accounting Sciences, acting mainly in the following activities: independent auditing, business consulting, accounting expertise, economic valuation of companies, coordination of audit committees and board member.


Thus, the aforementioned body now has 5 (five) members, all considered independent, according to art. 22 of Law 13,303 of June 30, 2016, namely:


• Jerônimo Antunes (Coordinator and Member of the Board of Directors)

• Daniel Alves Ferreira (Member of the Board of Directors)

• Felipe Villela Dias (Member of the Board of Directors)

• Luís Henrique Bassi Almeida (External member)

• Luiz Carlos Nannini (External Member).




Rio de Janeiro, May 14, 2021



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.







Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Date: May 14, 2021


/SElvira Baracuhy Cavalcanti Presta


Elvira Baracuhy Cavalcanti Presta

CFO and Investor Relations 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.