SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 6-K
Report of Foreign Private Issuer
Pursuant to Rule 13a-16 or 15d-16 of the
Securities Exchange Act of 1934
For the month of July, 2024
Commission File Number 1-34129
CENTRAIS ELÉTRICAS BRASILEIRAS S.A.
- ELETROBRÁS
(Exact name of registrant as specified in its
charter)
BRAZILIAN ELECTRIC POWER COMPANY
(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____
News clarification
Rio de Janeiro, July 29, 2024, Centrais Elétricas
Brasileiras S/A – Eletrobras informs that it has received Official Letter No. 172/2024/CVM/SEP/GEA-1, from the Brazilian Securities
and Exchange Commission, attached to this market announcement, in which it asks for clarification in relation to the news published on
July 25, 2024, under the title: “Eletrobras must give the Lula government two more seats on the board of directors”.
Eletrobras, in relation to the news disclosed
in the media, clarifies, in continuation of the relevant facts disclosed on January 8 and April 3, 2024 and the market announcements of
March 15, April 4 and April 19, 2024, that the work in the Mediation and Conciliation Chamber of Federal Public Administration (CCAF)
is ongoing and the Company remains engaged “in an attempt at conciliation and a consensual and amicable solution between the parties”,
according to the decision handed down by Minister Nunes Marques, Rapporteur of the Direct Action of Unconstitutionality (ADI).
However, to date, there is no definition as
to the points subject to conciliation, contrary to what was reported by the media.
It is also important to note that the ongoing
procedure at the CCAF is governed by confidentiality, pursuant to Law No. 13,140 of June 26, 2015.
The Company reiterates that any decisions arising
from the work at the CCAF will be submitted for approval by the Company's governance bodies, as provided for in its Bylaws and Law No.
6,404 of December 15, 1976, including its general meeting.
The Company will keep the market informed on
the matter, especially on the terms of any possible conciliation between the parties.
Eduardo Haiama
Vice President of Finance and Investor
Relations
This document may contain estimates and projections
that are not statements of fact that have occurred in the past, but reflect the beliefs and expectations of our management and may constitute
estimates and projections about future events within the meaning of 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 "believes", "may", "may",
"estimates", "continues", "anticipates", "intends", "expects" and the like are intended
to identify estimates that necessarily involve risks and uncertainties, whether known or not. Known risks and uncertainties include, but
are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, variations in interest rates,
inflation and the value of the Brazilian Real, changes in volumes and patterns of consumer use of electricity, 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 the SEC. Estimates and projections speak only as of the
date on which they were expressed and we undertake no obligation to update any such estimates or projections due to the occurrence of
new information or upcoming events. The future results of the Companies' 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 performed.
ANNEX
Copy of the letter
Subject: Request for clarification on news
Dear Director,
1. We refer to the news published on 07.25.2024
in the Estadão Online media, under the title: "Eletrobras must give the Lula government two more seats on the board of directors",
which contains the following statements::
Privatized two years ago, Eletrobras
must propose to shareholders, by the beginning of August, a change in the board of directors to increase the voting power of the Federal
Government. According to Estadão, negotiations between the company and the Lula government to end a legal dispute have advanced
in recent days. The proposal on the table at this time, seen by both parties as possible to be implemented, is to increase the number
of seats on the board from 9 to 10 - and give three of them to the Federal Government, which currently has only one.
In exchange for the concession,
the Attorney General's Office (AGU) would withdraw the Direct Action of Unconstitutionality filed with the Federal Supreme Court (STF)
against parts of the company's privatization law.
[...]
Originally, the Federal Government
wanted to keep three of the nine seats. Private shareholders, on the other hand, advocated increasing the board to 11 seats and giving
two to the Federal Government. For the Planalto Palace, a possible agreement to take three of the ten seats is seen as a good compromise.
A private shareholder of Eletrobras
told Estadão, on condition of anonymity, that he will still try to expand the board to 11 seats to reduce the firepower of the
three possible seats held by the Federal Government. This would be a kind of “damage reduction” in the negotiation to increase
the government’s presence on the company’s board of directors.
[...]
This document may contain estimates and projections
that are not statements of fact that have occurred in the past, but reflect the beliefs and expectations of our management and may constitute
estimates and projections about future events within the meaning of 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 "believes", "may", "may",
"estimates", "continues", "anticipates", "intends", "expects" and the like are intended
to identify estimates that necessarily involve risks and uncertainties, whether known or not. Known risks and uncertainties include, but
are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, variations in interest rates,
inflation and the value of the Brazilian Real, changes in volumes and patterns of consumer use of electricity, 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 the SEC. Estimates and projections speak only as of the
date on which they were expressed and we undertake no obligation to update any such estimates or projections due to the occurrence of
new information or upcoming events. The future results of the Companies' 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 performed.
2. In view of the above, we determine that you
clarify whether the news is true, and, if so, explain the reasons why you believe it is not a relevant fact, as well as comment on other
information considered important on the subject.
3. It should be noted that, according to article
3 of CVM Resolution No. 44/21, the Investor Relations Officer is responsible for disclosing and communicating to the CVM and, if applicable,
to the stock exchange and the organized over-the-counter market entity in which the securities issued by the company are admitted to trading,
any relevant act or fact that occurred or related to its business, as well as ensuring their wide and immediate dissemination, simultaneously
in all markets in which such securities are admitted to trading.
4. Such manifestation shall occur through the
Empresa.NET System, category: Market Announcement, type: Clarifications on CVM/B3 questions, subject: News Published
in the Media, which shall include the transcription of this letter. The fulfillment of this request for manifestation by means of a Notice
to the Market does not exempt the eventual determination of liability for the failure to timely disclose a Relevant Fact, pursuant to
CVM Resolution No. 44/21.
5. We warn that, by order of the Superintendence
of Relations with Companies, in the use of its legal powers and, based on item II, of article 9, of Law No. 6,385/76, and CVM Resolution
No. 47/21, it will be up to the determination of the application of a punitive fine, in the amount of R$ 1,000.00 (one thousand
reais), without prejudice to other administrative sanctions, for non-compliance with the requirement contained in this letter, sent exclusively
by e-mail, until 07.29.2024.
This document may contain estimates and projections
that are not statements of fact that have occurred in the past, but reflect the beliefs and expectations of our management and may constitute
estimates and projections about future events within the meaning of 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 "believes", "may", "may",
"estimates", "continues", "anticipates", "intends", "expects" and the like are intended
to identify estimates that necessarily involve risks and uncertainties, whether known or not. Known risks and uncertainties include, but
are not limited to: general economic, regulatory, political and commercial conditions in Brazil and abroad, variations in interest rates,
inflation and the value of the Brazilian Real, changes in volumes and patterns of consumer use of electricity, 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 the SEC. Estimates and projections speak only as of the
date on which they were expressed and we undertake no obligation to update any such estimates or projections due to the occurrence of
new information or upcoming events. The future results of the Companies' 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 performed.
SIGNATURE
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: July 29, 2024
| CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS |
| |
|
|
| By: |
/S/ Eduardo Haiama
|
|
| |
Eduardo Haiama
Vice-President of Finance and Investor Relations |
|
FORWARD-LOOKING STATEMENTS
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.
Centrais Eletricas Brasi... (NYSE:EBR.B)
Gráfica de Acción Histórica
De Jun 2024 a Jul 2024
Centrais Eletricas Brasi... (NYSE:EBR.B)
Gráfica de Acción Histórica
De Jul 2023 a Jul 2024
