Management Remuneration Policy

Establishes general guidelines for directors' participation in share-based remuneration plans and rules for withholding directors' remuneration.

Management Report 2024​​

The "Corporate Governance" chapter presents the "Management Structure" and also the "Remuneration Policies" of the company's Directors (pages 23 to 27). Check out Eletrobras' main ESG initiatives in 2024, which resulted in a roadmap integrated with the company's strategy and which will guide variable remuneration criteria for senior management (page 41).

1. Mapping Relationships with Public Agents at Eletrobras

2. ​Identification and assessment of RISKS related to Public Administration

3. Identification and monitoring of governance members and professionals with PEP relationships

4. Identification of third parties who have relationships with Public Agents

5. Implementation of the Compliance Management Platform, an automated environment for professionals to consult in case of doubts in their relationship with Public Agents, and to record and monitor the interactions of Eletrobras managers, leaders and professionals with Public Agents.

    
   
   

6. Senior management training in "Corporate Transparency and Fighting Corruption" and "Lobbying and its regulation and best practices in the relationships of private companies with the public sector" themes.

7. Approach and orientation of conduct with Public Agents in the Track on the Line (mandatory training for professionals) with a specific module about this topic
   

The Institutional and Government Relationships area (RIG) has structured integrated processes with the Compliance Program:​

• It has implemented the Institutional and Government Relationships Policy​​
  

• It has a stakeholder mapping and legislative monitoring platform which, in order to complement the records made on the Compliance Management Platform, it generates the Engagement Map of Eletrobras' spokespeople with public authorities' stakeholders by key issue;
  

• It has promoted the certification of its members in the ABNT PR 1001 Recommended Practice for the activity of Institutional and Government Relationships at an advanced level. The standard was drawn up based on the experience of international organizations such as the OECD and Transparency International;

• It has mapped the activities of the legislative monitoring and parliamentary mobilization processes, generating traceable and auditable flowcharts;

• It is centralizing the management of contracts with associative entities in the electricity sector in order to optimize the institutional benefits of this relationship from 2024 onwards and take better advantage of the associations' partnership in the company's representation work before the National Congress;

• It has implemented a periodic relationship program with public officials - Coffee with the Powers - in which, through corporate events, the company talks transparently with members of the executive and legislative branches about issues that impact the electricity sector, presenting its contributions, challenges and collaborating with the democratic process of building public policies;

• It keeps regular track of the legislative agenda through the Eletrobras Legislative Agenda, which shows management focused on results- and is an indispensable tool for the Eletrobras RIG team. Given the highly regulated nature of the energy sector, the monitoring of the legislative agenda is extremely important to support the adoption of strategic actions along with stakeholders.

• Green Hydrogen
• Fuel of the future
• Environmental licensing
• Energy Transition
• Modernizing the Electricity Sector
• Carbon Market
• Human Rights
• Marketing distortions
  

Chapter 9 - VALUABLE RELATIONSHIPS contains the topic "Government relations and advocacy" (pages 137 to 141), which describes the work of Eletrobras' Vice-Presidency of Institutional and Government Relationships teams, as well as the public policy issues in which Eletrobras has been actively involved in discussions on bills of laws. 

This section also contains a list of organizations and associations with which Eletrobras operates, with  focus on generating value for the company, the sector and its stakeholders. ​​

Communication on transactions between related parties​

In strict accordance with the guidelines of the Securities and Exchange Commission (CVM), Eletrobras provides information on transactions with related parties through notices to the market, demonstrating its commitment to the disclosure of relevant and essential information. ​

Get to know Eletrobras' Policy on Transactions with Related Parties and Treatment of Conflicts of Interest. ​

​​Goals

Goal 1 - 100% transparency in interactions with public administration
Goal 2 - 100% integrity in the remuneration of senio​r management
Goal 3 - 100% of the high-risk heat chain traine​d in integrity
Goal 4 - 100% transparency in the compliance and governance structure
Goal 5 - 100% transparency in whistleblowing ch​annels​​​​​