Petrobras: on the disposal of refining and logistics assets August 19, 2022

Petrobras on the sale of assets in refining and logistics

Rio de Janeiro, August 19, 2022 – Petróleo Brasileiro SA – Petrobras, following press releases released on June 27, 2022 and July 15, 2022, informs the start of the non-binding phase of the asset sale processes in refining and related logistics in the country, which includes the refineries Abreu e Lima (RNEST) in Pernambuco, Presidente Getúlio Vargas (REPAR) in Paraná and Alberto Pasqualini (REFAP) in Rio Grande do Sul.

Potential purchasers qualified for this phase, effective today, will receive a procedure letter containing detailed information on the assets in question, as well as instructions on the disposal process, including guidelines for the preparation and submission of non-binding proposals.

This disclosure complies with the Petrobras disposal guidelines and the special regime for the disposal of assets by federal companies with mixed capital, provided for in Decree 9,188/2017.

This transaction is part of the company’s portfolio optimization and capital allocation improvement strategy, aimed at maximizing value and a superior return for the company.

For more information:

PETRÓLEO BRASILEIRO SA – PETROBRAS | Investor Relations Email: [email protected]/[email protected] Av. Henrique Valadares, 28 – 19th floor – 20031-030 – Rio de Janeiro, RJ. Such. : 55 (21) 3224-1510/9947 | 0800-282-1540

This document may contain forecasts within the meaning of Section 27A of the Securities Act of 1933, as amended (the Securities Act), and Section 21E of the Securities Trading Act of 1934, as amended (the Trading Act) which reflect the expectations of the Company’s managers. . The terms: “plans”, “believes”, “expects”, “predicts”, “intends”, “plans”, “projects”, “aims”, “should” and similar terms, are intended to identify such forecasts, which manifestly involve risks or uncertainties, whether or not foreseen by the Company. Accordingly, the future results of the Company’s operations may differ from current expectations, and the reader should not rely solely on the information contained herein.

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