# EDGAR Filing Document

**Accession Number:** 0001439124
**File Stem:** 0001292814-23-000979
**Filing Date:** 2023-3
**Character Count:** 17537
**Document Hash:** 69c174ee940bd3885f44b2711ae8cca8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001292814-23-000979.hdr.sgml**: 20230317

**ACCESSION NUMBER**: 0001292814-23-000979

**CONFORMED SUBMISSION TYPE**: 6-K

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230331

**FILED AS OF DATE**: 20230317

**DATE AS OF CHANGE**: 20230317

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BRAZILIAN ELECTRIC POWER CO
- **CENTRAL INDEX KEY:** 0001439124
- **STANDARD INDUSTRIAL CLASSIFICATION:** ELECTRIC SERVICES [4911]
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** D5
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 6-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-34129
- **FILM NUMBER:** 23740620

**BUSINESS ADDRESS:**
- **STREET 1:** RUA DA QUITANDA, 196, 24TH FLOOR
- **STREET 2:** CENTRO
- **CITY:** RIO DE JANEIRO
- **STATE:** D5
- **ZIP:** 20091-005
- **BUSINESS PHONE:** 55 21 2514 5891

**MAIL ADDRESS:**
- **STREET 1:** RUA DA QUITANDA, 196, 24TH FLOOR
- **STREET 2:** CENTRO
- **CITY:** RIO DE JANEIRO
- **STATE:** D5
- **ZIP:** 20091-005

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**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

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**FORM 6-K**

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

Securities Exchange Act of 1934

**For the month of March, 2023**

**Commission File Number 1-34129**

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**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,<br> Centro, CEP 20091-005,<br> 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____

**CENTRAIS ELÉTRICAS BRASILEIRAS S.A. – ELETROBRAS**

(Publicly-held company)

CNPJ/ME No. 00.001.180/0001-26

**CALL NOTICE**

**186<sup>th</sup> Extraordinary General Meeting**

We hereby invite the Shareholders of Centrais Elétricas Brasileiras S.A - Eletrobras ("<u>Eletrobras</u>" or "<u>Company</u>") to attend the Extraordinary General Meeting ("<u>EGM</u>"), to be held on exclusively remotely, pursuant to article 124, paragraph 2-A, of Law No. 6.404, of December 15, 1976 ("<u>Brazilian Corporate Law</u>"), article 5, paragraph 2, item I, and article 28, paragraphs 2 e 3 of CVM Resolution No. 81, of March 29, 2022 ("<u>CVM Resolution 81</u>"), and article 18, paragraph 1, of the Company's Bylaws, to be held on April 17, 2023, at 2:00 pm, through the digital platform Zoom ("<u>Digital Platform</u>"), to resolve on the Agenda below.

**Agenda**

To resolve on:

1. <u>Amendment to the Bylaws to adopt adjustments to the Company's internal governance, in accordance with supervening regulatory adjustments and guidelines of B3 and it's the Company's status as a "true corporation"</u>:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) *conform the wording of the Bylaws to B3 Official Letter 618/2017 and to the Brazilian Corporate Law*: Amendment of (i) *caput* of article 23; (ii) article 27, paragraph 1; (iii) article
31, paragraph 1; and (iv) article 33, item II;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) *adjustment and make uniform the nomenclature of the Code of Conduct in the Bylaws*: Amendment of (i) article 3, paragraph 3; (ii) article 22, paragraph 3; (iii) article 31, items XIV
and XXXI; (iv) article 39, item XXIV; and (v) article 43, paragraph 3;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) *adjustment and make uniform the nomenclature of the Audit and Risks Committee in the Bylaws*: Amendment to article 33, item VII and paragraph 1;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) *adjustment and make uniform the nomenclature of the role of Executive Vice-President Officers in the Bylaws*: Amendment of the title of Chapter VII and the *caput* of article
41;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) *adjustment of the reference to the Depositary Receipts program*: Replacement of the term "Brazilian" by "American" in article 19, paragraph 3;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(f) *exclusion of the statutory provision for the role of the member of the board of directors elected as representative of the employees:* Amendment to the *caput* and exclusion of items
I and II of article 28 of the Bylaws;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(g) *adoption of a transitory provision related to the term of office of the current member of the board of directors elected as representative of the employees, which shall end at the Annual Shareholders' Meeting of 2024*: Adoption of a new Chapter XI ("Transitory Provision") and Article 53 in the Bylaws; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(h) *approval of the consolidation of the Company's Bylaws:* Consolidation of the Company's Bylaws, considering all the amendments resolved by the shareholders at the EGM.

**Digital Meeting and Voting Ballot**

The Company's decision to hold the EGM exclusively remotely, under the terms of article 124, paragraph 2-A, of the Brazilian Corporate Law, article 5, paragraph 2, item I and article 28, paragraphs 2 and 3 of CVM Resolution 81, and of article 18, paragraph 1, of the Company's Bylaws, aims at facilitating the participation of shareholders and others involved in the EGM. Additionally, shareholders will be granted the right to attend the Meeting by a Voting Ballot (as defined below), pursuant to article 26 and following of CVM Resolution 81.

Therefore the shareholder's participation may be by means of:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) via a Remote Voting Ballot (" <u>Voting Ballot</u> "),
provided that the detailed information on the documents required for remote voting can be found in the Voting Ballot, which can be accessed
on the websites mentioned below; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) via a Digital Platform, in person or by a duly appointed
attorney-in-fact, under the terms of article 28, paragraphs 2 and 3, of CVM Resolution 81, in which case the shareholder may: (a) simply
attend the EGM , whether or not the shareholder has already sent the Voting Ballot; or (b)
attend and vote at the EGM , noting that as to the shareholder who has already sent the Voting
Ballot and who, if he wishes to do so, votes at the Meeting via the Digital Platform, all voting instructions received by means of the
Voting Ballot will be disregarded.

**Voting Ballot**

Subject to the procedures provided for in CVM Resolution 81, in the Company's Reference Form and the instructions contained in the Management Proposal for the EGM, shareholders may exercise their voting rights by completing and submitting the Voting Ballot made available by the Company on the websites of the Company (https://ri.eletrobras.com/), the Brazilian Securities and Exchange Commission ("<u>CVM</u>") (https://sistemas.cvm.gov.br/) and B3 (https://www.b3.com.br/pt_br/).

**Access to the Meeting**

Shareholders who wish to attend the EGM via the Digital Platform should log into the website www.eletrobras.com/AssembleiaVirtual186, complete their registration with the password creation and attach all documents required for their admissibility to attend and/or vote at the EGM, at least two (02) days prior to the date designated for the EGM, i.e. by April 15, 2023.

**Required Documents**

The shareholders shall provide the following documents to qualify and attend and/or vote at the EGM via the Digital Platform:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) if an **individual**, a copy of official ID document
with a recent photo, valid nationally and within the validity period, if applicable, or if represented by an attorney-in-fact, a copy
of the power of attorney granted for less than one (01) year and the official ID document with photo, provided that such attorney-in-fact
shall be another shareholder, Company's officer or an attorney regularly registered with the Brazilian Bar Association (OAB);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if a **legal entity**, (a) updated bylaws of the shareholder
and the documents that provide representative powers for its legal representative within the scope of the EGM ,
duly registered with the competent bodies, as well as the official ID document of the legal representative; and (b) if applicable, a duly
granted attorney-in-fact pursuant to the law and/or the shareholder's bylaws, together with the attorney-in-fact's official
identity document with a photo; or

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) if an **investment fund** a copy of the current and
consolidated fund regulations, bylaws or articles of association of the administrator or the fund manager, as the case may be, in compliance
with the investment fund voting policy and documents that provides representative powers (minutes of election, term(s) of investiture
and/or power of attorney), as well as the
official ID document of the legal representative(s) with a recent photo and valid nationally.

The Company clarifies that it will not require the send of hard copies of the shareholders' representative documents to its office, neither a signature notarization (*reconhecimento de firma*) of the grantors' signature in the power-of-attorney to represent the shareholder, as well as will not require the notarization, consularization, apostille and notarized translation of any of the foreign shareholders' documents, therefore, it will be sufficient to send the hard copy of the original documents on the above mentioned website. The Company will only accept powers of attorney granted digitally by the shareholders by means of digital certification, which should comply with the Brazilian Public Key Infrastructure (ICP-Brasil) standards or by other means that attest the signatory and the integrity of the digital document.

**Shareholder Representation**

Pursuant to the article 126, paragraph 1<sup>st</sup>, of the of the Brazilian Corporate Law and the CVM's decision in the Administrative Proceeding RJ-2014/3578, issued on November 4<sup>th</sup>, 2014 ("<u>CVM Precedent</u>"), the shareholders may attend the Meeting:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) if an **individual**, by an attorney-in-fact constituted
less than one (01) year before (who must be a shareholder, Company's officer or an attorney regularly enrolled with the Brazilian
Bar Association);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if a **legal entity**, by its legal representatives
or by an attorney-in-fact appointed under the terms of its acts of incorporation and in accordance with the rules of the Law No. 10,406,
of January 10, 2002 (" <u>Brazilian Civil Code</u> "); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) if an **investment fund**, by its administrator and/or
fund manager, or by an attorney-in-fact appointed under the terms of its acts of incorporation and in accordance with the rules of the
Brazilian Civil Code.

**Admissibility Qualification**

By providing all the documents to support their qualification, the shareholders or attorney-in-fact, as the case may be, will receive confirmation of their admissibility to attend the EGM. Pursuant to article 6, paragraph 3 of CVM Resolution 81, if the shareholders fail to provide the required documents within the period provided for herein and as detailed in the Management Proposal, they will not be allowed to access the Digital Platform.

**Additional Information**

Detailed information on the rules and procedures for attending and/or remote voting at the EGM, including guidelines for sending the Voting Ballot, are contained in the Management Proposal available on the websites of the Company (https://ri.eletrobras.com/), CVM (https://sistemas.cvm.gov.br/) and B3 (https://www.b3.com.br/pt_br/). The guidelines on the rules of conduct to be adopted at the EGM will be available on the Digital Platform.

Pursuant to article 6 of Eletrobras' Bylaws, it is forbidden that any shareholder or group of shareholders, Brazilian or foreign, public or private, exercise the right to vote in a number higher than the equivalent to ten percent (10%) of the total number of shares into which the voting capital of Eletrobras is divided, regardless of their interest in the capital stock.

Pursuant to article 7 of Eletrobras' Bylaws, it is forbidden to enter into shareholders agreements with the purpose of regulating the exercise of voting rights in a number higher than the percentage corresponding to ten percent (10%) of the total number of shares into which the voting capital of Eletrobras is divided.

In turn, article 8 of the Eletrobras Bylaws provides a definition of a group of shareholders for purposes of restricting the exercise of voting rights. In this context the Company requests, for the purposes of timely examination of the matter, that the shareholders included in the legal situations contemplated in article 8 of the Bylaws, as mentioned above, inform which are the members of the group of shareholders up to two (02) days prior to the date set for the EGM, i.e., up to 11:59 p.m. on April 15, 2023, by sending the declaration exclusively on the website address: www.eletrobras.com/AssembleiaVirtual186, specifying the following ("<u>Declaration of Membership in a Group of Shareholders</u>"):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) whether they are part of a voting agreement and whether
there are other members of the agreement and their respective stakes;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) if they are part of an economic group of companies or group
of entities with common administration or management or under the same command; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) whether they are represented by the same agent, administrator,
or representative in any capacity.

The model of Declaration of Membership in a Group of Shareholders is made available by the Company on its website (https://ri.eletrobras.com/informacoes/convocacoes-e-atas/). Shareholders who do not fit into the legal situations contemplated in article 8 of the Bylaws will not need to send the aforementioned declaration, and the Company will consider that such shareholders state that they do not belong to any "group of shareholders" and that they take responsibility for such statement, given the informational duty provided for in the Company's Bylaws. Furthermore, as provided for in article 8, paragraph 5 of the Company's Bylaws, the chairman and secretary of the Meeting may, if they deem necessary, request the shareholders to provide documents and information to verify whether a shareholder belongs to a "group of shareholders" that may hold ten percent (10%) or more of the Company's voting capital.

All the documents related to the matter that will be deliberated at the EGM are available to shareholders on the Company's (https://ri.eletrobras.com/), CVM's (https://sistemas.cvm.gov.br/) e B3's (https://www.b3.com.br/pt_br/) websites, in accordance with Brazilian Corporate Law and CVM Resolution 81.

Rio de Janeiro, March 16, 2023

**Ivan de Souza Monteiro**

Chairman of the Board of Directors

**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: March 16, 2023

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| | |
|:---|:---|
| CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS | CENTRAIS ELÉTRICAS BRASILEIRAS S.A. - ELETROBRÁS |
| By: | /S/ Elvira Baracuhy Cavalcanti Presta<br>|
|  | **Elvira Baracuhy Cavalcanti Presta**<br> **CFO and Investor Relations Officer** |

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**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.

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