Petrobras Informs Of CARF Favorable Decision

(Petrobras, 20.Aug.2019) — Petrobras reports that the Administrative Board of Tax Appeals (CARF) issued today a favorable decision on an administrative tax proceeding regarding the collection of CIDE – Importtax on remittances abroad for the payment of charter contracts in the year 2013, in the approximate amount of R$ 5.1 billion.

The company understands that this decision does not change the expectation of possible loss.

Information on this proceeding is disclosed in the 2018 financial statements, through note 31.3. Contingent Liabilities – tax proceedings.

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