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Investor Presentaiton

< 107 > the level acceptable risk taken by the Company as a whole, to ensure that the balance between risk and benefit is properly managed and aligned. GRI 2-15 | Conflicts of interest AES Brasil has a Conflict of Interest Policy that provides guidance to employees on how to identify and conduct situations of conflicts of interest in the Company's daily activities. This policy also outlines complementary instructions to support the principles laid down in AES' Code of Conduct. The Ethics and Compliance team invests in training on the topic and strongly recommends that employees who witness any conflicts or situations that may give the impression of a conflict of interest report it immediately. There are numerous ways to report such situation and receive guidance. Employees can contact an AES leader, a member of AES Brasil Ethics and Compliance Department or even through the AES Helpline. The Department has autonomy and independence to analyze the claims on an individual basis and provide answers on how to prevent or mitigate the potential conflict of interest. If the situation requires so, an Ethics Committee is formed to resolve on the necessary measures and/or to mitigate the conflict of interest, whenever necessary. The Board of Directors is informed of the consultation and claim rates on the topic. The provisions on conflicts of interest are disclosed to stakeholders as provided for in (i) the Company's Bylaws; (ii) the Internal Rules of the Board of Directors; (iii) the Company's policies, in particular the Policy on Related-Party Transactions - any related-party transactions are disclosed to the market via a Material Fact about said transaction. GRI 2-16 | Communication of critical concerns Critical concerns are reported to the Executive Board, the Board of Directors, the Fiscal Council and the Statutory Audit Committee. The topics usually reported are related to the claims and consultations received in the AES HelpLine channel, the number of high- and low-risk contracts, donations and sponsorships received, breaches to laws and procedures and other matters that concern the company's management. Themes received via the AES HelpLine channel are reported to the Board of Directors grouped by topics. Hence, we do not have the total number of crucial concerns informed to the Board in 2022. GRI 2-18 | Evaluation of the performance of the highest governance body The Board of Directors Chairman is responsible for conducting the evaluation of each Board member separately, and a self-evaluation of his performance is carried out collectively. This process is based on subjective and objective evaluations. The evaluation is not independent and, according to the Novo Mercado Regulation, it must be carried out at least once during the Board's tenure. The evaluation of the current Board of Directors composition was carried out in 2022. GRI 2-20 | Process to determine remuneration In 2022, the Annual Shareholders' Meeting was held on April 28. Compensation was approved by 83 votes in favor, 8 against and 3 abstentions. GRI 2-21 | Annual total compensation ratio In 2022, the annual total compensation of the company's highest-paid individual was equivalent to 9.06 times the average of all other employees. The ratio of percentage increase in the total compensation of the company's highest-paid individual was 0.53 times the average percentage increase of other employees. Information used in this calculation was obtained from the payroll system, which gathers information from all employees. To obtain the total amount, the annual salary was added to the Employee Profit Sharing/bonus. 2022 Integrated Sustainability Report > Attachments aes Brasil
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