Rita Moreno Teases Funny Story Fans 'Don't Know' About Morgan Freeman Ahead of His SAG Awards Honor

Rita Moreno will present Morgan Freeman with the 2018 SAG Life Achievement Award at the star-studded ceremony on Sunday

Rita Moreno is presenting Morgan Freeman with the lifetime achievement award at the 2018 Screen Actors Guild Awards on Sunday — and she is apparently making sure things won’t be entirely serious.

The legendary actress opened up about presenting her Electric Company co-star with the award on The PEOPLE, Entertainment Weekly & TNT Official SAG Awards Red Carpet Live Show, and revealed that she had something special planned for her presenting speech.

“I’m telling the audience something about him that they don’t know, that’s funny,” Moreno, 86, teased. “I wanna impart something quite amusing on the times we worked together in the Electric Company.”

Moreno gave few details on what the funny story will be, but said it was “not in the script” when planning the award show.

“I’m a good and dear friend, and I’m a loving friend and I want them to get a picture of a different kind of Morgan,” she added.”

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Freeman, 80, presented Moreno (a member of the exclusive EGOT club) with the same special award in 2014.

“When he gave me mine, I really remember thinking, ‘Oh if he ever gets honored, I hope it’s me that gets to present it,” she said.

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Moreno and Freeman have been friends for decades, both starring in the Children’s Television Workshop show in the 70s. When she accepted the prestigious award in 2014, Moreno cuddled up to Freeman and the pair shared a sweet moment on stage, according to E! News.

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SAG announced over the summer that the Oscar-winning actor and producer will be the 54th recipient of its Life Achievement Award, bestowed for his achievements in film in addition to his humanitarian accomplishments.

When asked about the honor and having Moreno present him with the award, Freeman said the success “constantly blows my head wide open.”

“You have to kind of watch yourself on your ego, [it] widens, widens and widens,” he said.

The prestigious award has been given to esteemed members of the industry elite in the recent past, including Ernest Borgnine, Mary Tyler Moore, Dick Van Dyke, Rita Moreno, Debbie Reynolds, and Carol Burnett. Lily Tomlin received the honor at last year’s ceremony.

The 24th annual Screen Actors Guild Awards are broadcast live from the Shrine Auditorium in Los Angeles on both TNT and TBS starting at 8 p.m. ET.