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Personnel, Material and Services Eletrobras R$ million PMS 1S15 1S15* 1S14 (%) without Celg D (%) with 2T15 1T15 Celg D (%) Personnel 2,637 2,483 2,611 -4.9% 1.0% 1,312 1,325 -1.0% Material 152 143 147 -2.6% 3.2% 90 61 48.2% Services 1,288 1,056 1,077 -1.9% 19.7% 670 618 8.5% Total 4,077 3,682 3,835 -4.0% 6.3% 2,073 2,004 3.4% *Does not consider CELG D expenses. 32

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