CENTRAIS ELETRICAS BRASILEIRAS S/A
CNPJ: 00.001.180/0001-26 PUBLIC COMPANY
Centrais Elétricas Brasileiras S/A ("Company" or "Eletrobras") hereby informs its shareholders and the market in general that Eletrobras obtained, on this date, the Governance Indicator Certification - IG-SEST Level 1 (level of excellence).
The IG-SEST indicator was launched on June 29, 2017 and represents a continuous monitoring instrument developed by SEST (Secretariat of Coordination and Governance of State Owned Companies) and MPDG (Ministry of Planning, Development and Management) in order to comply with the requirements of Law 13,303/2016, "State- owned Companies Responsibility Law", regulated by Decree No. 8,955/2016 and guidelines established by the Inter-Ministerial Commission on Corporate Governance and Administration of Corporate Shareholdings of the Federal Government - CGPAR, which seek to implement the best market practices and a higher level of excellence in corporate governance.
The IG-SEST is an innovation developed by SEST, which will bring greater effectiveness and transparency in the follow-up of good governance practices by federal state-owned companies with direct control and, consequently, greater benefits to society, through improved service delivery, attendance and results favorable to the Brazilian economy.
As announced to the market, under the 2017-2021 Business and Management Master Plan ("PDNG"), the Company established one of the Governance and Compliance goals to implement actions for index listing and obtaining Corporate Governance stamps.
In this context, such certification, for the first year of the Indicator, demonstrates the commitment of the Company, its managers and employees to continuously promote the improvement of its business activities, based on ethics, transparency and corporate sustainability, according to the guidelines and corporate identity of its Strategic Plan.
Rio de Janeiro, November 10, 2017.
Armando Casado de Araujo
CFO and Investor Relations Officer
EBR & EBR.B
Eletrobrás - Centrais Elétricas Brasileiras SA published this content on 10 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 10 November 2017 22:58:01 UTC.