Light : Notice to the Market - Clarification on CVM/B3 inquiries

LIGHT S.A.

CNPJ nº 03.378.521/0001-75

NIRE 33.300.263.16-1

PUBLICLY-HELD COMPANY

Rio de Janeiro, May 9th, 2023.

CVM - Comissão de Valores Mobiliários

Mr. Fernando Soares Vieira - Superintendence of Corporate Relations (Superintendência de Relações com Empresas)

Ms. Nilza Maria Silva de Oliveira - Gerência de Acompanhamento de Empresas 1 (GEA-1)

c.c.: B3 S.A. - Brasil, Bolsa, Balcão Ms. Ana Lucia da Costa Pereira Superintendence of Issuers Listings Supervisão de Emissores)

and Monitoring (Superintendência de Listagem e

Ref.: Official Letter no. 138/2023/CVM/SEP/GEA-1Request for clarification on news

Dear Sirs,

Light S.A. (the "Company" or "Light"), in compliance with the Official Letter no. 138/2023/CVM/SEP/GEA-1 ("Official Letter"), as transcribed below, hereby clarifies as follows.

"Subject Matter: Request for clarification on news Dear Officer,

1. We refer to the news published on this date on Estadão Online, News section, under the headline: 'Light: Nelson Tanure prepares proposal to inject R$ 1 billion and change company's board', which contains the following statements:
   After surpassing 10% stake in Light's capital stock, with the purchase of part of BlackRock's stake in the Rio de Janeiro energy distributor, Nelson Tanure now wants to call an extraordinary general meeting (EGM) to request the replacement of directors and changes in the board, and a proposal for injection of at least R$ 1 billion, an amount that the businessman would already have at hand. Tanure has already met with some creditors this Friday, 5. The resources would be placed in the company through a capital increase.
2. In light of the aforementioned, we request a statement on the veracity of the news and, if confirmed to be true, we request explanations on the reasons why the company understood it should not have been treated as a material fact, as well as to provide additional information that it may deem relevant on the matter.
3. We highlight that, pursuant to Article 3 of CVM Resolution No. 44/21, the Investor Relations Officer is responsible for reporting to the CVM and, as applicable, to the stock exchange and organized over-the-counter market entities in which the company's securities are traded, any material facts or acts that occurred or are related to its business, as well as ensuring its wide and immediate dissemination, simultaneously in all markets where the Company's securities are admitted to trading.

RJ - 11752848v1

LIGHT S.A.

CNPJ nº 03.378.521/0001-75

NIRE 33.300.263.16-1

PUBLICLY-HELD COMPANY

1. The explanations must be sent through the Empresa.net System, category "Notice to the Market", type "Clarification on CVM/B3 inquiries", subject matter: News published on a media website, which shall include a transcription of this official letter. The compliance with this request for clarification through a Notice to the Market does not exempt the Company from the responsibility for the untimely disclosure of a Material Fact, pursuant to CVM Instruction 44/21.
2. We also point out that, by order of the Superintendence of Corporate Relations, under its legal attributions, based on Article 9, item II of Law 6,385/76 and on CVM Resolution No. 47/21, a penalty in the amount of R$1,000.00 (one thousand reais) will be imposed, without prejudice to other administrative sanctions, for failure to comply with the requirements contained in this official letter, which has been sent exclusively by email, by 05.09.2023."

The Company clarifies that the recent changes in shareholding positions communicated to it by the respective shareholders were duly disclosed to the market in general, through Notices to the Market on April 24, May 2, and May 4, 2023. The latter dealt with the acquisition of shares representing 10.02% of the Company's capital stock by WNT Gestora de Recursos Ltda. (through investment funds and portfolios it manages), which, according to recent press reports, is related to businessman Nelson Tanure.

The Company also clarifies that it is not aware of any measures being considered by any of its shareholders, including those pointed out in the aforementioned news.

The Company's management remains committed to concentrating its efforts in the pursue and construction of an adequate solution for its current situation and reaffirms that it will keep its shareholders and the market in general informed about relevant and significant aspects of its business, including those related to the abovementioned matter.

These are the clarifications we have in relation to the Official Letter, and we remain at your entire disposal for further clarifications.

Sincerely,

Eduardo Gotilla

Chief Financial and Investor Relations Officer

LIGHT S.A.

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