Eneva SA: Increase in share capital due to an Eneva SA stock option or share subscription plan

ENEVA S.A.

National Register of Business Taxpayers (CNPJ) No. 04.423.567/0001-21

State Registration Number (NIRE) 33.3.0028402-8

Public company

Notice to shareholders

Increase in share capital by stock purchase option or stock subscription

Map of Eneva SA

Rio de Janeiro, March 4, 2022 – ENEVA SA (“ENVE” Where “Company“) (B3: ENEV3), informs its shareholders and the market in general, in accordance with art. 30 of instruction CVM 480/09, as amended, of the information required in the appendix 30-XXXIIof the said Instruction, relating to the capital increase within the limit of the authorized capital, decided by the Board of Directors on March 4, 2022, resulting from the exercise of options granted to certain members of its management within the framework of the Third Stock purchase or stock subscription option plan (the “The thirdPlan”) approved by the Board of Directors, referring to the “ENEVA SA Stock Options or Stock Subscription Program” approved by the Extraordinary General Meeting of August 2, 2016, as modified, as follows:

1. Date of the general meeting of shareholders at which the stock option was approved
   The Third Plan was approved at the meeting of the Company’s Board of Directors held on August 03, 2017, as amended, and prepared on the basis of the “Share Purchase or Subscription Option Program shares of ENEVA SA”, as amended, approved by the shareholders of the Company at the Extraordinary General Meeting in August
   02, 2016.

1. Amount of the capital increase and of the new share capital

The amount of the increase was R$1,969,534.87 (one million nine hundred sixty-nine thousand five hundred thirty-four reais and eighty-seven cents). The share capital of the Company now amounts to R$8,936,841,841.73 (eight billion nine hundred thirty-six million eight hundred forty-one thousand eight hundred forty-one reais and seventy-three cents).

1. Number of issued shares of each type and class

142,692 (one hundred and forty-two thousand six hundred and ninety-two) ordinary shares, registered, dematerialized, without nominal value) registered, dematerialized, without nominal value were issued.

IV. Subscription price for new shares:

The issue price of the registered ordinary shares issued is R$13.8027 (thirteen reais and eight thousand twenty-seven thousandths of a real) per share, calculated according to the terms of the Third Plan.

1. Prices of each type and class of shares of the issuer on the markets where the shares are traded:

1. Minimum, average and maximum price for each year, for the last 3 (three) years

For comparability purposes, all historical values ​​in the table above have been retroactively adjusted to take into account the stock split in the proportion of 01 (one) share for 04 (four) shares, approved at the General Meeting. Extraordinary which was held on March 11, 2021, with effect from March 12, 2021.

1. Minimum, average and maximum price for each quarter, for the last 2 (two) years

For comparability purposes, all historical values ​​in the table above have been retroactively adjusted to reflect the stock split in the proportion of 01 (one) share for 04 (four) shares, approved at the Extraordinary General Meeting held on March 11, 2021, with effect from March 12, 2021.

1. minimum, average and maximum price of each month over the last 6 months:

For comparability purposes, all historical values ​​in the table above have been retroactively adjusted to reflect the stock split in the proportion of 01 (one) share for 04 (four) shares, approved at the Extraordinary General Meeting held on March 11, 2021, with effect from March 12, 2021.

1. Average share price over the last 90 days. R$13.87

For comparability purposes, all historical values ​​used for the calculation of the average price of the last 90 days have been retroactively adjusted to take into account the stock split in the proportion of 01 (one) share for 04 (four) shares, approved at the Extraordinary General Meeting which took place on March 11, 2021, with effect from March 12, 2021.

VI. Percentage of potential dilution resulting from the issue:

0.011267%

Rio de Janeiro, March 4, 2021.

Marcelo Habibe

Chief Financial Officer and Investor Relations