EBR.B Centrais Eletricas Brasileiras SA Eletrobras

CERTIFICATE

EXCERPT OF THE MINUTES OF THE EIGHT HUNDRED AND THIRTY-EIGHTH MEETING OF THE BOARD OF DIRECTORS OF CENTRAIS ELÉTRICAS BRASILEIRAS S.A. – ELETROBRAS

NIRE 53300000859/CNPJ 00001180/0001-26

It is hereby certified, for all due intents and purposes, that the 838th meeting of the Board of Directors of Centrais Elétricas Brasileiras S.A. – Eletrobras (“Company”) was held on the twenty-seventh day of June of two thousand nineteen, at 02:15pm, and the works were interrupted at 07:10pm. The meeting was resumed at 09:00am on the twenty-eighth of June of two thousand and nineteen. The works were closed on this same day, at 02:45pm. On the first day, the meeting was held at Eletrobras’ central office, at Rua da Quitanda, No. 196, 25 ^th floor, Centro, Rio de Janeiro-RJ. On the second day, the meeting was held at the central office of controlled company FURNAS, at Rua Real Grandeza, 219, Block A, 17 ^th floor, Botafogo, Rio de Janeiro – RJ. The chair of business, attending in person, was Director JOSÉ GUIMARÃES MONFORTE. The Directors MAURO GENTILE RODRIGUES CUNHA, RICARDO BRANDÃO SILVA, RUY FLAKS SCHNEIDER, VICENTE FALCONI CAMPOS, DANIEL ALVES FERREIRA and LUIZ EDUARDO DOS SANTOS MONTEIRO were present in person. The Director MARCELO DE SIQUEIRA FREITAS participated in the meeting via videoconference. The Director BRUNO EUSTÁQUIO FERREIRA CASTRO DE CARVALHO participated in person in the meeting held on 06.28.2019 and voted electronically on 06.27.2019. Directors WILSON PINTO FERREIRA JR. and FELIPE VILLELA DIAS justified their absences. Deliberation: RES-155, dated 06/27/2019. Process of Incorporation of Eletrosul by CGTEE – Protocol of Incorporation and Justification Instrument. RES-296, dated 05/13/2019. RES-296, dated 06/17/2019. The Board of Directors of Centrais Elétricas Brasileiras S.A. – Eletrobras, exercising their powers, and together with a decision of the Executive Board, in the following supporting material and documents: (i) Excerpt of the 057 ^th meeting of the Audit and Statutory Risk Committee -  CAE, held on 05.08.2019; (ii) Resolution of the Executive Board No. 296, dated 05.13.2019; (iii) Report to the Executive Board DG-033, of 05.13.2019; (iv) Excerpt of the 59 ^th meeting of the Audit and Statutory Risk Committee – CAE, held on 05.17.2019; (v) Resolution of the Executive Board No. 390, of 06.17.2019; (vi) Report to the Executive Board DG-041, of 06.17.2019; (vii) Excerpt of the 064 ^th meeting of the Audit and Statutory Risk Committee – CAE, held on 06.19.2019; RESOLVED: 1. approve the model of incorporation of Eletrosul by CGTEE, under the terms proposed by RES-296/2019, subject to the provisions of item 4 of this Resolution; 2. approve the Incorporation Protocol and Instrument of Justification of Incorporation between CGTEE and Eletrosul, under the terms proposed by RES-296/2019, subject to the provisions of item 4 of this Resolution; 3. approve the Accounting Reports of Eletrosul and CGTEE and the Draft of Bylaws of CGTEE, post-incorporation, documents that comprise the Protocol and Instrument mentioned above, under the terms proposed by RES-296/2019, subject to the provisions of item 4 of this Resolution; 4. approve, under the terms proposed RES-390/2019, change of the head office of CGTEE from Candiota to the city of Florianópolis – current head office of Eletrobras Eletrosul – which is in the Draft of the Bylaws of  CGTEE (Chapter I, Art. 2), post-incorporation, a document that is part of the Incorporation Protocol and Instrument of Justification of Incorporation of Eletrosul by CGTEE; 5. determine that the Presidency - PR, the Generation Board - DG, the Financial and Investor Relations Board - DF, the General Secretariat –  PRGS, and the Governance Secretariat of the Board of Directors –  CAAS adopt, within their respective scope of actions, the measures necessary for compliance with this Deliberation. This certificate is issued and signed by me, BRUNO KLAPPER LOPES, Governance Secretary of the Board of Directors.

Rio de Janeiro, July 5, 2019.

BRUNO KLAPPER LOPES

Governance Secretary