AES Tiete : Minutes of the Board of Director's Meeting - 09/23/2016

AES TIETÊ ENERGIA S.A.

Company Register Identification Number (NIRE) 35.300.183.550 Brazilian Registry of Legal Entities (CNPJ/MF) No. 04.128.563/0001-10

MINUTES OF THE BOARD OF DIRECTORS' MEETING HELD ON SEPTEMBER 23, 2016

1. DATE, TIME AND PLACE: Held on September 23, 2016, at 4:00 PM, at Avenida Dr. Marcos Penteado de Ulhôa Rodrigues, 939, 5th floor, Neighborhood Sítio Tamboré, Torre II do Condomínio Castelo Branco Office Park, in the City of Barueri, State of São Paulo, CEP 06460-040 ("Company" or "AES Tietê Energia").

2. CALL OF MEETING AND ATTENDANCE : The call of meeting was made under the Company's Bylaws, and was attended by Messrs Britaldo Pedrosa Soares, Arminio Francisco Borjas Herrera, Julian Jose Nebreda Marquez, Sidney Simonaggio, Bernerd Raymond Da Santos Ávila, Kazi Kamrul Hasan, Luiz Pinguelli Rosa, Cláudio José de Oliveira Magalhães and Paulo Roberto Robin Carvalho.
3. BOARD: The meeting had Mr. Britaldo Pedrosa Soares as its chairman and Ms. Ana Carolina Palazzin de Almeida as its secretary.
4. . AGENDA: The call of a Special Shareholders' Meeting of the Company expected to be held on October 31, 2016, in order to decide on (i) the rectification of the global amount of the Managers' remuneration, and (ii) the election of an alternate member of the Company's Fiscal Council to be appointed by BNDESPAR.
5. RESOLUTIONS: Upon commencing the meeting, verifying the quorum and validly convening this meeting, the members of the Board of Directors:
6. 1 . Approved, by unanimity, the call of a Special Shareholders' Meeting of the Company expected to be held on October 31, 2016, in order to decide on (i) the rectification of the global amount of the Managers' remuneration, and (ii) the election of an alternate member of the Company's Fiscal Council to be appointed by BNDES Participações S.A. - BNDESPAR ("BNDESPAR").
7. CLOSING: Having nothing further to discuss, the Chairman closed the meeting by recording these minutes as a summary, which was read, found to be compliant and signed by all members.

Barueri, September 23, 2016.

B o a r d:

Britaldo Pedrosa Soares Chairman

Ana Carolina Palazzin de Almeida Secretary

D i r e c t o r s :

Britaldo Pedrosa Soares Sidney Simonaggio Bernerd Raymond da Santos Ávila Kazi Kamrul Hasan Cláudio José de Oliveira Magalhães

Arminio Francisco Borjas Herrera Julian Jose Nebreda Marquez Luiz Pinguelli Rosa Paulo Roberto Robin Carvalho

(This page is part of the minutes of the Board of Directors' Meeting of AES Tietê Energia S.A., held on September 23, 2016.)