Petrobras Starts Liquigás Binding Divestment Phase

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(Petrobras, 20.Jun.2019) — Petrobras, following up on the release dated 05/10/2019, announces the beginning of the binding phase related to the sale of Liquigás Distribuidora S.A.

At this stage of the project, process letters are issued to qualified interested parties with detailed instructions about the divestment process, including guidelines to conduct due diligence and submit binding proposals.

This disclosure is in compliance with Petrobras’ divestment methodology, which is in line with the special regime for the divestment of assets by federal mixed-capital companies, provided for in Decree 9.188/2017.

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