2c408193-03d7-4a5c-8346-148673a6c474.pdf LIGHT S.A. CORPORATE TAXPAYERS' ID (CNPJ/MF): 03.378.521/0001-75 COMPANY REGISTRY (NIRE): 33.300.263.16-1 Publicly-Held Company MINUTES OF THE GENERAL AND EXTRAORDINARY SHAREHOLDERS' MEETINGS OF LIGHT S.A., HELD TOGETHER ON APRIL 28, 2016, DRAWN UP IN SUMMARY FORM, PURSUANT TO PARAGRAPH 1 OF ATICLE 130 OF LAW NO. 6.404/1976.

  1. Date, time, and place: April 28, 2016, at 2:30 p.m., at the headquarters of Light S.A. ("Light" or "Company"), located at Av. Marechal Floriano nº 168, parte, 2º andar, Corredor A, Centro, in the city of Rio de Janeiro, State of Rio de Janeiro.

  2. Call Notice: The Shareholders' Meetings were regularly called through the publication of the Call Notice in the editions dated March 29, 30, and 31, 2016, on pages 171, 108, and 86 of the State Gazette of Rio de Janeiro (Diário Oficial do Estado do Rio de Janeiro); and A-3, A-3, and A- 7 of Jornal do Commercio, national edition.

  3. Attendance and Quorum: Shareholders representing 143,454,145 shares, representing 70.34% of the Capital Stock, according to the signatures appended in the Shareholders Attendance Book, confirming the quorum for installation of the General and Extraordinary Shareholders' Meetings. Ailton Fernando Dias (Chief Human Resources and Corporate Management Officer) and representatives of Deloitte Touche Tohmatsu Auditores Independentes, namely John Alexander Harol Auton, bearer of the accounting council identification (CRC) No. 1RJ 078.183/O-2; Angela Pierucci Magalhães, bearer of the ID card No. 103829883; and Bruno Chaib Demarco, bearer of the accounting council identification (CRC) No. RJ 112.619/O-2 also attended the meetings, pursuant to paragraph 1 of Article 134 of Law No. 6.404/76 ("Brazilian Corporate Law"). Rafael Amorim de Amorim (member of the Fiscal Council) attended the meetings, pursuant to Article 164 of Brazilian Corporate Law.

  4. Board: Ailton Fernando Dias (Chairman) and Cláudia de Moraes Santos (Secretary).

  5. Agenda:

    Extraordinary Sharehol ders' M eet i ng:

    1. Rectification of the global compensation of management for 2015.

      G eneral Sharehol ders' M eeti ng :

    2. Review of management's accounts; review, discussion and vote of the Management's Report and Financial Statements, together with the reports of the independent auditors and Fiscal Council, for the year ended December 31, 2015;

    3. Approval of the allocation of net income for the year ended December 31, 2015;

    4. Establishment of the number of sitting members and alternates of the Board of Directors;

    5. Election of sitting members and alternates of the Board of Directors;

    6. Installation and election of members of the Fiscal Council;

    7. Establishment of the annual global compensation of Management; and

    8. Establishment of the annual global compensation of the Fiscal Council.

    9. Reading Documents, Voting and Drafting Minutes:

      1. Documents concerning the items of the agenda were on the Table, namely: (1) publications of the Call Notice; (2) Management's Report and Financial Statements for the year ended December 31, 2015, together with the Report of External Auditors (Deloitte Touche Tohmatsu Auditores Independentes) published on April 4, 2016 on pages A-9 to A-19 of the special insert of the newspaper Jornal do Commercio and on pages 25 to 40 of the State Gazette of Rio de Janeiro (Diário Oficial do Estado do Rio de Janeiro); and (3) Management's Proposal, including:

        1. Management's comments, pursuant to Item 10 of Annex 24 of CVM Instruction No. 480/2009;

        2. the Opinion of the Fiscal Council; (c) the Capital Budget proposal for 2016; (d) the proposal for allocation of net income for the year ended December 31, 2015, and respective Annex, pursuant to CVM Instruction No. 481/2009 (Annex 9-1-II); (e) proposal of management's compensation, pursuant to Item 13 of Annex 24 of CVM Instruction No. 480/2009; and (f) other information on items included in the agenda of Shareholders' Meetings, especially the members appointed for the Board of Directors and Fiscal Council, pursuant to Items 12.5 to 12.10 of Annex A of CVM Instruction No. 552/2014, that amended Annex 24 of CVM Instruction No. 480/2009.

          3. Voting shareholders unanimously dismissed the reading of documents concerning the items of the agenda of the Shareholders' Meetings because the shareholders in attendance are fully aware of the content of such documents.

        3. Votes, abstentions, protests, and dissenting votes were received, numbered, and authenticated by the Board, and they will be filed at the headquarters of the Company, pursuant to Article 130, paragraph 1 of Brazilian Corporate Law.

        4. The minutes will be drawn up as a single document, pursuant to Article 131, sole paragraph, of Brazilian Corporate Law.

        5. Resolutions:

          1. Shareholders unanimously approved the drawing up of these minutes in summary form, as permitted by paragraph 1 of Article 130 of Brazilian Corporate Law.

            Extraordinary Sharehol ders' M eet i ng:

          2. Shareholders approved, by majority vote (125,969,544 affirmative votes of shareholders representing 61.77% of the Company's capital stock and 17,484,600 abstentions of shareholders representing 8.57% of the Company's capital stock were recorded), the rectification of the annual global compensation of management of the wholly-owned subsidiaries of Light S.A. for 2015, as follows: (a) Light - Serviços de Eletricidade S.A., from nineteen million, eight hundred sixty-one thousand, seven hundred twenty-four Reais (R$19,861,724.00) to twenty million, one hundred ninety-six thousand, six hundred forty-one Reais (R$20,196,641.00); and (b) Light Energia S.A., from one million, three hundred twenty-one thousand, three hundred forty-six Reais (R$1,321,346.00) to one million, five hundred twenty-three thousand, five hundred ninety-three Reais (R$1,523,593.00).

            G eneral Sharehol ders' M eeti ng :

          3. Shareholders approved, by majority vote (108,730,172 affirmative votes of shareholders representing 53.32% of the Company's capital stock, 17,084,472 dissenting votes of shareholders representing 8.38% of the Company's capital stock, and 17,639,500 abstentions of shareholders representing 8.65% of the Company's capital stock were recorded and the Board received votes in writing), management's accounts, the balance sheet, other Financial Statements, together with the favorable Opinion of the Fiscal Council and the report of Independent Auditors, all of which referring to the year ended December 31, 2015, as well as the Capital Budget for 2016, as proposed by Management.

          4. Shareholders approved, by majority vote (125,969,544 affirmative votes of shareholders representing 61.77% of the Company's capital stock and 17,484,600 abstentions of shareholders representing 8.57% of the Company's capital stock were recorded and the Board received votes in writing), the proposal of the Company's Management for allocation of net income for the year ended December 31, 2015, in the total amount of forty-two million, three hundred ninety-four thousand, five hundred fifty-seven Reais and eighty-five centavos (R$42,394,557.85), as follows:

            5. (a) establishment of the Legal Reserve, in the amount of two million, one hundred nineteen thousand, seven hundred twenty-seven Reais and eighty-nine centavos (R$2,119,727.89), equivalent to five percent (5%) of the net income for the year, pursuant to applicable law; (b) the amount of ten million, sixty-eight thousand, seven hundred seven Reais and forty-nine centavos (R$10,068,707.49) to be paid to shareholders as dividends, equivalent to R$0.049372368 per common share (Light S/A ON); (c) the inclusion of the realization of the Carrying Value Adjustment, in the amount of nineteen million, five hundred seven thousand, three hundred ninety-six Reais and sixty-nine centavos (R$19,507,396.69), at the discretion of the Board of Executive Officers and according to the availability of Company's cash; (d) establishment of the Retained Earnings Reserve, in the amount of forty-nine million, seven hundred thirteen thousand, five hundred nineteen Reais and sixteen centavos (R$49,713,519.16), based on the Capital Budget approved above, prepared pursuant to Article 196 of Brazilian Corporate Law.

            1. The shareholders enrolled in the Share Registry Book as of the date of this meeting will be entitled to the abovementioned dividends. The dividends hereby declared will be paid by December 31, 2016.

            2. No adjustment for inflation or interest will be applicable between the date hereof and the date of effective payment of the declared dividends. No income tax will be withheld (Article 10 of Law No. 9.249/95). The procedure of payment of dividends hereby declared will be clarified in the Notice to Shareholders to be timely published by the Company.

            1. Shareholders approved, by majority vote (129,958,045 affirmative votes of shareholders representing 63.73% of the Company's capital stock and 13,496,099 abstentions of shareholders representing 6.62% of the Company's capital stock were recorded and the Board received votes in writing), a Board of Directors comprised of eleven (11) sitting members and respective alternates for two-year terms ending on the General Shareholders' Meeting to be held in 2018.

            2. It is hereby recorded in the minutes that the adoption of the multiple voting system has been requested for the election of members of the Board of Directors of the Company. Shareholder Tempo Capital Principal Fundo de Investimento em Ações ("Tempo Capital") recorded that the names it proposed for the Board of Directors of the Company received votes representing 15.07% of the capital stock. However, considering that such candidates were included in the

            Management's Proposal, Tempo Capital requested the withdrawal of the multiple voting system; and the separate voting procedure was not requested. It is also hereby recorded that the representative of shareholder Tempo Capital thanked the minority shareholders for their trust and vote for the candidate it proposed for the Board of Directors.

            7.6.1 Shareholders approved, by majority vote (118,988,156 affirmative votes of shareholders representing 58.35% of the Company's capital stock, 529,134 dissenting votes of shareholders representing 0.26% of the Company's capital stock, and 23,936,854 abstentions of shareholders representing 11.74% of the Company's capital stock were recorded and the Board received votes in writing), the election of the following sitting members and respective alternates for the Board of Directors: (a) as sitting member, Nelson José Hubner Moreira, Brazilian, married, electric engineer, bearer of ID card No. 1.413.159, issued by IFP/RJ, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 443.875.207-87, resident and domiciled in the city of Brasília, Distrito Federal, at AOS 2, Bloco G, Apto 203, 70660-027; and his alternate, Samy Kopit Moscovitch, Brazilian, married, economist, bearer of ID card No. 6568-4, issued by CRE- MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 432.564.816-04, resident and domiciled in the city of Belo Horizonte, State of Minas Gerais, at Rua Johnson, 105/301, Bairro União, 31170-650; (b) as sitting member, Sérgio Gomes Malta, Brazilian, single, economist and business administrator, bearer of ID card No. 3.211.554, issued by IFP/RJ, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 606.907.397-53, resident and domiciled in the city of Rio de Janeiro, State of Rio de Janeiro, at Av. Rui Barbosa, nº 870, apto 101, Bairro Flamengo, 22250-020; and his alternate, Eduardo Henrique Campolina Franco, Brazilian, married, business administrator, bearer of ID card No. 5.048.965, issued by SSP/MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 034.166.706-47, resident and domiciled in the city of Belo Horizonte, State of Minas Gerais, at Avenida Barbacena, 1.200, 5º andar, ala "B2", Santo Agostinho, 30190-131; (c) as sitting member, Mauro Borges Lemos, Brazilian, married, economist, bearer of ID card No. MG992314, issued by the Civil Police of the State of Minas Gerais, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 316.720.516-49, resident and domiciled in the city of Belo Horizonte, State of Minas Gerais, at Avenida Barbacena, 1200, 18º andar, ala A1, Santo Agostinho, 30190-13; and his alternate, César Vaz de Melo Fernandes, Brazilian, married, electric engineer, bearer of ID card No. 27007/D, issued by CREA/MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 299.529.806-04, domiciled in the city of Belo Horizonte, State of Minas Gerais, at Avenida Barbacena, 1200, 9º andar, Santo Agostinho, 30190-131; (d) as sitting member, Marcello Lignani Siqueira, Brazilian, married, civil engineer, bearer of ID card No. MG 6.211.675, issued by SSP/MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 003.753.146-87, resident and domiciled in the city of Juiz de Fora, State of Minas Gerais, at Rua Severino Meireles, 70, Passos, 36025-040; and his alternate, Daniel Batista da Silva Júnior, Brazilian, married, business administrator, bearer of ID card No. 01-058149/D, issued by CRA/MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 063.996.266-17, resident and domiciled in the city of Belo Horizonte, State of Minas Gerais, at Avenida do Contorno, 6594, 10º andar, Funcionários, 30110-044; (e) as sitting member, Marco Antônio de Rezende Teixeira, Brazilian, married, lawyer, bearer of ID card No. M-611.582, issued by SSP/MG, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 371.515.926-04, resident and domiciled in the city of Belo Horizonte, State of Minas Gerais, at Rua Senhora das Graças, 64, Apto. 801, Bairro Cruzeiro, 30310-130; and his alternate, Rogério Sobreira Bezerra, Brazilian, divorced, economist, bearer of ID card No. 2492635, issued by SSP/PE, enrolled with the Individual Taxpayers' Registry (CPF/MF) under No. 429.047.734-87, resident

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