Petrobras Approves New Board Member

(Petrobras, 29.Jan.2020) — Petrobras reports that its Board of Directors, in a meeting held today, approved the appointment of Mrs. Maria Cláudia Guimarães for the position of member of the company’s Board of Directors. This appointment will be submitted to the next General Shareholders’ Meeting to be held.

Mrs. Maria Cláudia Guimarães holds a solid career in the financial market, where she has worked for 33 years. She was Executive Officer at Bank of America Merrill Lynch, ING Bank NV and Bank Boston, leading the Oil & Gas, Mining, Steel and Energy sectors. Today she is a partner at KPC Consultoria Financeira focused on asset management. Recently, she served as a Board Member at Constellation Oil Services in Luxembourg.

She has extensive experience in corporate finance, capital markets, M&A, debt restructuring and project financing.

Throughout her career, she has worked with Petrobras and its subsidiaries in Brazil and abroad, by financing projects for the development of the Campos Basin and the Santos Basin, stock and bond issues, development of treasury and cash management products and divestment advisory in the offshore area, having also coordinated a Mergers, Acquisitions and Capital Markets training program at Petrobras University.

Mrs. Maria Cláudia holds a B.S. in Production Engineering from the Federal University of Rio de Janeiro (UFRJ), with an Executive MBA from COPPEAD (UFRJ).

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