Petrobras Reports On BR Shares Purchase Option

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(Petrobras, 25.Jul.2019) — Petrobras, pursuant to article 24 of CVM Instruction 400 of December 29, 2003, as amended, reports that today the over allotment option (“Greenshoe Option”) was fully exercised under the secondary public offering of shares issued by Petrobras Distribuidora SA (“BR”) and held by Petrobras.

With the exercise of the Greenshoe Option, the number of shares offered was increased by 43,687,500 Shares (“Greenshoe Shares”), under the same conditions and at the same price per share of the shares initially offered. With the full placement of the Greenshoe Shares, the offering amount totaled R$ 9,633,093,750.00 and Petrobras’ equity interest in BR’s capital stock was reduced to 37.50%.

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